Latest in China shares confident economic forecast for 2025
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China shares confident economic forecast for 2025
The Chinese premier on Wednesday announced a 5% GDP growth target for 2025 despite President Trump's tariffs against the country. CBS News foreign correspondent Anna Coren reports from Beijing and ...CBS News - 5h -
China keeps its economic growth target at 'around 5%' for 2025
China is keeping its economic growth target at “around 5%” for 2025 despite a looming trade war with the United States and other headwinds.NBC News - 1d -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - Feb. 24 -
Consumer confidence plunged in February amid rising economic concerns
Sharp drop in closely watched consumer sentiment gauge marks the biggest monthly decline in confidence in more than four years.CBS News - Feb. 25 -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - Feb. 23 -
Philippines confident Trump will uphold sea patrols vs China
The Philippines’ top diplomat to the United States expressed confidence Monday that President Donald Trump’s new administration would continue military patrols in the disputed South China Sea and ...ABC News - 3d -
China Signals Confidence in Economy Despite Sluggish Growth and U.S. Trade War
As Chinese leaders meet in Beijing, they are striking a confident posture despite serious challenges to the economy and growing pressure from the United States.The New York Times - 1d -
What's the CD interest rate forecast for spring 2025?
With the Fed expected to hold rates steady in March, experts predict what could happen with CD stable this spring.CBS News - Feb. 26 -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - Feb. 25 -
China’s Economic Plan Is Light on Detail as Trade War Intensifies
The country’s top leaders set an optimistic growth target but gave few hints of how to achieve it as their export-led strategy is challenged by rising tariffs on Chinese goods.The New York Times - 1d -
China kicks off annual parliamentary meeting as investors watch for clues on economic policy
Thousands of delegates across the country gathered in Beijing for the country's biggest political event of the year, known as the "Two Sessions."CNBC - 2d -
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - Feb. 21 -
S&P 500 and Dow slide in worst day of 2025 amid economic worries
Stocks fell sharply after reports signaled concerns that President Trump's policies could be impacting the U.S. economy.CBS News - Feb. 21 -
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.NBC News - Feb. 21 -
China sets GDP target of 5% for 2025 amid tariff war with Trump
Economists believe that meeting the target will be challenging as Beijing grapples with Donald Trump’s new trade war. Explained: what is China’s Two Sessions meeting? China has set its GDP ...The Guardian - 1d -
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Next Myles Garrett? 2025 NFL Draft prospect makes combine history, shares physical similarities to Browns star
The measurables are promising something big hereCBS Sports - 6d -
WATCH: Oscars 2025: Goldie Hawn and Kurt Russell share sweet moment on the red carpet
We love when celebrities turn Oscars night into date night!ABC News - 3d -
China targets 'around 5%' growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at "around 5%" as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.CNBC - 1d -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - Feb. 20 -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - Feb. 25 -
CrowdStrike falls 9% on disappointing earnings forecast
CrowdStrike shares dropped more than 9% in extended trading after the cybersecurity software provider issued weaker-than-expected guidance.CNBC - 1d -
Consumer confidence plummets in largest drop since 2021
A gauge of consumer confidence registered its largest monthly drop since 2021.ABC News - Feb. 25 -
New consumer confidence index data drops sharply
New data from the consumer confidence index shows a concerning drop in economic outlook among Americans. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - Feb. 25 -
Consumer confidence has biggest drop since 2021
U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years. Kelly O'Grady explains.CBS News - Feb. 25 -
QB Sanders confident success will repeat in NFL
Shedeur Sanders didn't tone down his overt displays of confidence at Jackson State or Colorado. Now, as the draft prospect continues his path to the NFL, there's no reason to expect him to modify ...ESPN - 6d -
'No help' & 'no confidence' - What is behind Hojlund's goal drought?
BBC Sport looks at Manchester United's attacking shortcomings and Rasmus Hojlund's goal drought.BBC News - 3d -
House Republican 'not confident' Bondi will release Epstein clients
Rep. Anna Paulina Luna (R-Fla.) said during an interview that she was “not confident” yet that Attorney General Pam Bondi would release the client list of disgraced financier and convicted sex ...The Hill - 2d -
Why the Philippines Is Confident of Defense Ties With Trump Administration
Officials in the Philippines say that President Trump will not pull back from defense commitments because Manila and Washington have a common adversary.The New York Times - 1d -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - Feb. 20 -
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Weather forecasting takes big step forward with Europe’s new AI system
Predictions for up to 15 days ahead expected to improve tracking of extreme eventsFinancial Times - Feb. 25 -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - Feb. 25 -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - Feb. 26 -
This neat trick makes it simpler to forecast a decade of stock-market returns
A new research paper finds that there’s a simpler way of cyclically adjusting earnings to forecast future returns using just one year’s data instead of ten.MarketWatch - Feb. 26 -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - Feb. 26 -
Salesforce makes a pitch for AI ‘agents,’ but its tempered forecast spooks investors
Shares of Salesforce fell after hours on Wednesday after the customer-service and workplace-analytics platform’s full-year outlook came in below expectations.MarketWatch - Feb. 27 -
FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - Feb. 27 -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 6d
