Latest in Coffee prices climb to near 50 year highs — and it may take years for the rally to run out of steam
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Next blames clothes price rises on wage increases set out in Budget
The retailer expects employee costs to increase by £73m due in part to rising National InsuranceBBC News - 38m -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - 2h -
Controversial congestion pricing plan takes effect in NYC
Driving just got more expensive for many New York City commuters as congestion pricing was put to its first rush hour test. Supporters argue the plan cuts down on gridlock and greenhouse gas ...CBS News - 12h -
Ten-year Treasury yields hold near 7-month highs as traders eye auctions and raft of jobs data
U.S. bond yields were a fraction lower early Tuesday ahead of a busy few days of economic data and chunky Treasury debt sales.MarketWatch - 2h -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - 7h -
Nvidia’s stock rallies as AI chip trade reloads for fresh run higher
Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.MarketWatch - 9h -
Palantir has this rare distinction as Morgan Stanley says stock price is too high
Morgan Stanley assigned a new analyst to cover hot artificial intelligence stock Palantir Technologies, and the Wall Street firm joined the ranks forecasting worse times ahead for the stock.MarketWatch - 10h -
Canada's Justin Trudeau cites 'internal battles' as he ends nine-year run
In power since 2015, Trudeau said he would resign after a new leader of his Liberal Party is chosen.BBC News - 13h -
Radical plan may result in two England-Australia Ashes series every three years
ICC to discuss splitting 12 Test nations into two tiers India’s support or otherwise for the initiative is key England and Australia could play two Ashes series every three years from 2027 ...The Guardian - 23h -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 1d -
New year, new deal: the buyout boom poised to take over City lawyers’ lives
Around-the-clock work will be commonplace to tackle an M&A surge fuelled by tax changes, activist investors … and the Trump factor. Whether they’re on skis or a sunlounger, there is no beach, ...The Guardian - 2d -
Congestion pricing in NYC starts after years of turmoil
The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.CBS News - 2d -
Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running
The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...The Hill - 2d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 2d -
Experts say high food prices are here to stay. Here's why
Some experts say there's really nothing the government can do about high food prices.CNBC - 2d -
The Year Ahead
There’s an empty calendar spread out before us. What meaning will we give to it?The New York Times - 3d -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - 3d -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - 3d -
Jeff Bezos says everything on Earth is better than it was 50 years ago—except for 1 thing
Amazon founder Jeff Bezos says the "good old days" are a myth, and everything is getting better — except for the state of Earth's natural environment.CNBC - 3d -
Gold prices are climbing once again. What gold assets should I invest in now?
After weeks of price dips, the price of gold is on an upswing, so investing in certain assets could pay off.CBS News - 3d -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - 3d -
Time runs out on Biden’s aid to Ukraine — and on Putin’s nuclear threats
There probably was less to Russia’s nuclear threats than the Biden administration made of them.The Hill - 3d -
Boeing hopes the turbulence is over after a year of crashes, near misses and embarrassment
Boeing said Friday that it had hit several internal targets on safety and quality control despite a series of deadly crashes, near catastrophes and embarrassing incidents that has seen its share ...NBC News - 4d -
South Korean President’s Supporters Camp Out Near His Home
For days, thousands have been outside the house in central Seoul, trying to shield President Yoon Suk Yeol.The New York Times - 4d -
Remains found near Michigan music fest site, 6 years after fan disappeared
Authorities are trying to identify human remains discovered near the site of an annual music festival in northern MichiganABC News - 4d -
10-year Treasury yield ends not far from 7-month high as new trading year begins
Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.MarketWatch - 4d -
Patrick Surtain II takes over as NFL Defensive Player of the Year betting favorite
Patrick Surtain II is vying to be the seventh cornerback to win DPOY.Yahoo Sports - 4d -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - 4d -
BioShock Creator Thinks We Still Don't Really Know "What Games Are" After 50 Years
Veteran game developer Ken Levine has shared his thoughts on generative AI, his latest game and it having high stakes, and why he believes we still don't really know what video games are.. Talking ...GameSpot - 4d -
Is This the Year Laos Breaks Through?
The Southeast Asian country has lagged behind Vietnam and Thailand when it comes to tourism. The government hopes new hotels, roads and a train system will put Laos on visitors’ lists.The New York Times - 4d -
Unity Software stock is rallying. Roaring Kitty posted a meme. They may or may not be connected.
Unity Software stock is rising after a post from Keith Gill that may or may not have anything to do with the company.MarketWatch - 4d -
NBA Power Rankings: Celtics and Clippers riding high into the new year
Our NBA insiders break down this week's Power Rankings and where all 30 teams stand heading into 2025.ESPN - 5d -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - 5d -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - 5d -
NHL Power Rankings: Setting New Year's resolutions for every team as Golden Knights take over top spot
Every team has something it can work on in 2025 as we reach the midway point of the regular seasonCBS Sports - 5d -
Devils Edge Out Kings in Low-Scoring Standalone Matchup on New Year's Day
The New Jersey Devils are tied with the Minnesota Wild for the best road goals against average at 2.47Yahoo Sports - 5d -
2025 NFL Mock Draft: Bears get help for Caleb Williams after rocky Year 1, Shedeur Sanders falls out of top 5
Chicago attempts to fortify the blocking unit in front of the 2024 No. 1 overall pickCBS Sports - 5d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - 6d -
In charts: has the ‘India trade’ run out of steam?
Slowing growth and high inflation hit household incomes and raise questions about economic fundamentalsFinancial Times - 6d
