Latest in China consumer inflation rate drops to a five month low, missing expectations as economy slows
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Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to rise 214,000 in November, according to the Dow Jones consensus forecast.CNBC - 5d -
Health-care quality rating at 24-year low: Gallup
Americans’ outlook on the quality of health care in the U.S. is at a 24-year low, according to a new survey. The Gallup poll, released Friday, shows 33 percent of U.S. adults said the quality of ...The Hill - 5d -
Consumer sentiment rises in December, so do inflation concerns
Short-term inflation readings hit highest level in six months as Democrats worry higher inflation from tariffsMarketWatch - 5d -
A rebound is expected after the previous month’s disruptions.
The resolution of the Boeing strike, and recovery from storms in the Southeast, are predicted to produce a gain in monthly payroll data.The New York Times - 5d -
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - 5d -
HELOC interest rates fall to new 2024 low: Why you shouldn't wait to apply
With HELOC rates dropping to a 2024 low, it may not make sense for borrowers to wait longer to apply. Here's why.CBS News - 6d -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - 6d -
NBA Power Rankings: 'Embarrassing' Lakers keep dropping, giant-slaying Hawks on the rise, Magic enter top five
Meanwhile, the Cavs are slowly but surely losing grip on the top spotCBS Sports - 6d -
Jobless claims show extremely low layoffs amid sturdy U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...MarketWatch - 6d -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - 6d -
Rescuers search for 13 workers missing after a railroad construction site collapses in south China
Chinese authorities are searching for 13 workers who went missing after a construction site caved in in the southern business center of ShenzhenABC News - 6d -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
GM expects more than $5 billion impact from China restructuring, including plant closures
General Motors expects a restructuring of its joint venture operations with SAIC Motor in China to cost more than $5 billion in noncash charges and write-downs.CNBC - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.NBC News - Dec. 4 -
Amazon Sued Over Slow Deliveries to Low-Income Areas
The District of Columbia’s attorney general said the company deliberately outsourced Prime member deliveries in certain ZIP codes.The New York Times - Dec. 4 -
Job Openings Rebound, Though Hiring Slows
The number of job openings rose last month from a recent low, but the labor market still presents a mixed picture as vacancies were filled at a slower pace.Inc. - Dec. 4 -
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Relatives hunt for the missing after Guinea stadium crush amid fears official death toll is too low
Kambaly Kouroumah was searching a local morgue for his teenage brother, Adama, who died after chaos erupted at a soccer game in southern Guinea’s Nzerekore cityABC News - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Homebuyer demand for mortgages jumped 6%, as interest rates fell to the lowest level in over a month
Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Texas A&M QB Conner Weigman to enter transfer portal: Former five-star expected to draw plenty of suitors
Weigman should be one of the top quarterbacks in the portalCBS Sports - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
NFL Week 14 Power Rankings: Eagles soaring since bye; Vikings crack top five; Ravens drop after tough loss
Pete Prisco shares his Power Rankings heading into Week 14 of the 2024 seasonCBS Sports - Dec. 3 -
Native American students miss school at higher rates, it got worse during pandemic
Years after COVID-19 disrupted American schools, nearly every state is still struggling with attendanceABC News - Dec. 3 -
EU births drop to new low as strains on younger generations mount
Dearth of children expected to heap pressure on state financesFinancial Times - Dec. 3 -
Christian McCaffrey knee injury update: 49ers RB expected to miss six weeks after being placed on IR
The star running back was injured in Sunday night's blowout loss to the BillsCBS Sports - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Five things you may have missed from NFL Week 13: My Cause My Cleats, wild Josh Allen TD and more
A look at the top moments from around the leagueCBS Sports - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2
