Latest in European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
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Job openings reverse long decline, but the U.S. labor market is still not out of the woods
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available ...MarketWatch - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
U.S. stocks dominated global markets in 2024 — why they likely won’t in 2025
The U.S. stock market remained the envy of the world in 2024, extending its outperformance against international peers and claiming an even bigger slice of the multitrillion-dollar global equity ...MarketWatch - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
U.S. transfers 11 Yemeni detainees from Guantanamo, leaving just 15 in custody
The U.S. has transferred from Guantanamo Bay's detention facility to Oman 11 Yemeni detainees who were never charged with crimes.CBS News - Jan. 6 -
We're trimming our stake in a beaten-up stock that has taken off in 2025
The stock is our top-performing holding in the new year.CNBC - Jan. 6 -
Amazon's Ring announces smart smoke alarm as CES tech-palooza kicks off
Kidde and Ring will launch two models in April, along with a $5-per-month smoke monitoring subscription service.CNBC - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6 -
Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - Jan. 6 -
The Great Resignation 2.0 is coming – and I salute the European millennials who plan to quit
After Covid, the US saw a wave of younger workers leaving unsatisfying and exploitative jobs. Now I hear it’s France’s turn. Recently I was chatting to an acquaintance in Paris, a senior manager in ...The Guardian - Jan. 6 -
Indie band English Teacher kick off BBC's Sound of 2025
The Mercury Prize-winning band start the countdown of the BBC's annual list of music's rising stars.BBC News - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
Jason Kelce Kicks Off His New Gig: Late-Night Talk Show Host
“They Call It Late Night With Jason Kelce” was the first of a four-week “pop-up” experiment. How did the football and media star do?The New York Times - Jan. 6 -
Live updates: US reels after New Year’s attacks; 119th Congress kicks off
In the past week, the U.S. saw a pair of New Year’s Day attacks in Nevada and Louisiana that took multiple lives and injured dozens, and the 119th Congress kicked off with a packed first day. ...The Hill - Jan. 5 -
A Weakened Iran Prepares to Face Trump 2.0
Tehran is bracing for a tough confrontation with the incoming Trump administration while holding a weak hand after setbacks in 2024.The Wall Street Journal - Jan. 5 -
Democrats look for places to work with Trump 2.0
Democrats say one thing is certain: 2025 won't be 2017, when it comes to the start of the Trump administration. Two months after their grueling and disappointing White House loss to ...The Hill - Jan. 4 -
Eye Opener: Winter storm to hit much of U.S.
Millions of Americans are in the path of the first major winter storm of the year, which is expected to dump snow and ice and create dangerous conditions from the Central Plains to the East Coast. ...CBS News - Jan. 4 -
Stocks will struggle under Trump if this rate keeps going higher
U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.MarketWatch - Jan. 4 -
This investor imagined the landscape in 2035. He expects U.S. stocks to struggle.
It’s one thing to try to forecast a decade of returns, though many firms including JPMorgan and Vanguard regularly produce such forecasts.MarketWatch - Jan. 4 -
Zapala scores season-high 15 points as No. 18 Michigan State holds off Ohio State 69-62
Zapala fueled a 12-0 run to build a 14-point lead for the Spartans.Yahoo Sports - Jan. 4 -
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 - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Trump accused of attacking UK energy policies on behalf of fossil fuel industry
Campaigners say US president-elect’s call to ‘get rid of windmills’ is based on North Sea interests of oil and gas firms. Climate campaigners have accused Donald Trump of attacking Britain’s ...The Guardian - Jan. 3 -
Trump blasts UK energy policy and ‘windmills’ after company blames windfall tax for less drilling
President-elect Trump is criticizing the United Kingdom’s energy policy and saying it should get rid of windmills after a company blamed the country’s windfall tax for its early exit from drilling ...The Hill - Jan. 3 -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - Jan. 3 -
Alcohol stocks fall across the board after U.S. surgeon general’s advisory on cancer risk
The stocks of alcohol makers and distributors fell across the board early Friday, after the U.S. surgeon general released a new advisory warning of the link between booze and cancer risk.MarketWatch - Jan. 3 -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - Jan. 3 -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - Jan. 3 -
CNBC Daily Open: New year, old problems for stocks
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.CNBC - Jan. 3 -
Will a weakened Hollywood embrace Trump 2.0?
When Donald Trump won in 2016, Hollywood promised ‘resistance’. But shrinking revenues and declining influence make it less likely this time aroundFinancial Times - Jan. 3 -
Oil prices end higher to kick off 2025, boosted by a stronger demand outlook
Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.MarketWatch - Jan. 2 -
Thomas Tuchel to kick off England role by watching Tottenham host Newcastle
German’s contract officially started on New Year’s Day Head coach to visit St George’s Park and meet Lee Carsley Thomas Tuchel will attend his first match as England’s head coach on Saturday ...The Guardian - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
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Ethiopia opens first stock market since Emperor Haile Selassie
Prime minister pursues liberal reforms to revive ‘broke’ east African country after two-year civil war and defaultFinancial Times - Jan. 2 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1
