Latest in FirstFT: China’s central bank prepares for historic monetary policy shift
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FirstFT: Cheap Chinese flights to Europe undercut region’s airlines
Also in today’s newsletter, Citi expected to miss key target and Nippon Steel bets on TrumpFinancial Times - 50m -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - 1h -
Meta to End Fact-Checking Program in Shift Ahead of Trump Term
The social networking giant will stop using third-party fact checkers and instead rely on users to add notes to posts. President-elect Trump and his conservative allies said they were pleased.The New York Times - 3h -
How the Brian Eno music documentary shifts its scenes with every viewing
The 500 hours of footage available for 'Eno' are assorted and resorted in abrupt, unpredictable ways that keep the eyes and mind jumping.Los Angeles Times - 1d -
Facebook Shifts Content Moderation to Its Users. Are You Ready?
Meta is joining X and YouTube in shifting moderation to users. Are you ready?The New York Times - 6h -
Meta to End Fact-Checking Program in Shift Ahead of Trump Term
The social networking giant will stop using third-party fact-checkers on Facebook, Threads and Instagram and instead rely on users to add notes to posts. It is likely to please President-elect ...The New York Times - 8h -
Meta to End Fact-Checking Program in Shift Ahead of Trump Term
The social networking giant will stop using third-party fact checkers and instead rely on users to add notes to posts. President-elect Trump and his conservative allies said they were pleased.The New York Times - 9h -
D.C. prepares to receive Jimmy Carter's casket
The nation's capital is preparing to honor former President Jimmy Carter as his casket travels from Georgia. CBS News senior White House and political correspondent Ed O'Keefe reports.CBS News - 12h -
Bitter cold envelops US south as central states recover from freeze
Polar vortex chilled central US, downing trees, blasting snow, shuttering schools and causing traffic pile-ups. The next round of bitter cold enveloped the southern US on Tuesday, after the first ...The Guardian - 13h -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - 14h -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - 15h -
Southern California prepares for "life-threatening" windstorm
Several weather warnings will go into effect Tuesday for a "life-threatening" windstorm in Southern California.CBS News - 15h -
Educators Prepare for ICE Agents at the Schoolhouse Door
Across the country, educators described widespread anxiety about President-elect Donald J. Trump’s promises to deport immigrants and what it could mean for their students.The New York Times - 16h -
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 - 19h -
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Pentagon agrees to historic legal settlement with LGBTQ+ veterans
If approved by a federal judge, the agreement means the military would help thousands of veterans seek honorable discharges.CBS News - 1d -
Trump: Washington Post report on tariff policy 'wrong'
President-elect Trump is denying a report in The Washington Post that outlines how his top aides are exploring a tariff plan that would only cover critical imports. The Post report cites three ...The Hill - 1d -
Iran doubles military drills as it prepares for Trump
Islamic republic seeks to project strength in winter exercises following repeated strategic blows in Middle EastFinancial Times - 1d -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - 1d -
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How the sports media world is undergoing a seismic shift
Sports clubs, social media platforms, rights holders, and traditional broadcasters are being forced to adapt.CNBC - 2d -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 2d -
Joe Biden prepares to bow out
Plus, UK retail earnings, South Korea’s Yoon summoned to parliamentary hearing and Venezuela’s Maduro sworn inFinancial Times - 2d -
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 - 3d -
Marie Winn, Who Wrote of a Famous Central Park Hawk, Dies at 88
She chronicled the melodrama of Pale Male, a red-tailed hawk who became an avian sensation as it took up residence atop a Manhattan apartment building.The New York Times - 3d -
Chilean president makes historic trip to South Pole
Gabriel Boric is the first leader in the Americas to visit the South Pole, stressing Chile's "Antarctic mission".BBC News - 4d -
Oil prices score weekly gains, buoyed by China policy support
Oil futures posted solid gains in a holiday-shortened week, buoyed by expectations of further stimulus in China, the world’s largest crude importer, to boost its sputtering economy.MarketWatch - 4d -
Here’s how Boeing is responding to the FAA’s call for a ‘fundamental cultural shift’ in safety
Safety and quality need to be placed above profit at Boeing, says the head of the FAA.MarketWatch - 4d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 4d -
Biden Officials Prepare for Potential Bird Flu Outbreak With Added Money
The administration is committing an additional $306 million toward battling the virus, and will distribute the money before President-elect Donald J. Trump takes office.The New York Times - 5d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 5d -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - 5d -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - 5d -
Irish mourn attack while preparing to face UGA
Notre Dame coach Marcus Freeman said his team is processing the attack that killed 15 people while still preparing to win a critical game.ESPN - 5d -
FirstFT: Trump’s protectionist policies will hurt global growth, economists warn
Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025Financial Times - 5d -
Can Labour sell a softer prisons policy?
The sweeping, costly reforms needed to relieve overcrowded jails will test Labour’s resolve in persuading the publicFinancial Times - 5d -
Industrial policy must be practical not performative
New structures and pronouncements mean little unless business takes them seriously — there is no appetite for talking shopsFinancial Times - 6d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - Jan. 1