Latest in GDP grew at a 2.3% pace in the fourth quarter, less than expected
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Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - Jan. 15 -
Less than 2 in 10 confident Trump DOJ will act fairly: Survey
Less than 2 in 10 Americans are “extremely” or “very” confident President-elect Trump’s Department of Justice (DOJ) will act in a nonpartisan and fair manner, according to a survey released ...The Hill - Jan. 15 -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - Jan. 14 -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - Jan. 13 -
At sentencing, Trump lied and got less than a slap on the wrist
Trump’s statements at the hearing were riddled with lies and irrelevancies. His only bit of remorse was saying that “this has been a very terrible experience.” For him or for the country?The Hill - Jan. 13 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - Jan. 13 -
Plymouth to host Liverpool in FA Cup fourth round
Championship side Plymouth Argyle are drawn at home to eight-time winners Liverpool in the FA Cup fourth round.BBC News - Jan. 12 -
Boeing production in 2024 expected to be less than half of rival Airbus
US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...The Guardian - Jan. 12 -
Poland backs Trump on raising Nato spending to 5% of GDP
Warsaw is closest to reaching new target, but laggards will take ‘decade’, says Polish defence ministerFinancial Times - Jan. 12 -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - Jan. 11 -
California wildfires highlight the fast pace of home building in fire-prone areas
“More people are building in fire-prone areas than ever before, and they are not building with fire resistance in mind, because it’s expensive,” one expert said.MarketWatch - Jan. 11 -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - Jan. 10 -
Timeline shows warnings escalated quickly as L.A. fire danger grew
CBS News examined public statements and warnings to trace how authorities sounded the alarm about the L.A. fires as conditions worsened. Here's what we know.CBS News - Jan. 10 -
Duckworth: Trump’s Pentagon pick has less experience than Applebee’s manager
Sen. Tammy Duckworth (D-Ill.), a decorated combat veteran and member of the Senate Armed Services Committee, says President-elect Trump’s pick to lead the Department of Defense is dangerously ...The Hill - Jan. 10 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - Jan. 10 -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - Jan. 10 -
NHL Power Rankings: Knights take command, plus each team's points pace vs. expectation
Another jumble atop the list gives us a new No. 1. Plus, a breakdown of how each team has performed vs. its preseason over/under from ESPN BET.ESPN - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Americans Are Tipping Less Than They Have in Years
Frustration with rising menu prices and ubiquitous tip prompts lead to a six-year low.The Wall Street Journal - Jan. 9 -
Fulham thrash Watford to progress to fourth round
Premier League Fulham begin their FA Cup campaign with a dominant 4-1 victory against second-tier Watford to seal a fourth-round spot.BBC News - Jan. 9 -
American Primeval review – this samey Western is far less clever than it thinks it is
Like all modern takes on frontier life, this drama focuses on its brutish nature. We’ve seen it all before – even if it is a gripping yarn. American Primeval opens in Utah Territory, 1857. “Wild ...The Guardian - Jan. 9 -
House Republican: Gulf of Mexico name less important than Trump's actions
Rep. Austin Scott (R-Ga.) said President-elect Trump’s musing about changing the name of the Gulf of Mexico to the Gulf of America is less important than his actions in the region, particularly ...The Hill - Jan. 8 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers
Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.The Wall Street Journal - Jan. 8 -
By the Fourth Date, Certain About Forever
Jasmine Bolton and Junior West, who met on the dating app Hinge, spent their fourth date at a friend’s wedding. The event sparked a desire for their own future nuptials.The New York Times - Jan. 7 -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
Less than 1 in 1,000 adolescents received gender-affirming medications: Study
Less than 1 in 1,000 adolescents with commercial insurance received gender-affirming medication over a five-year period, according to a study released Monday. The researchers in the study surveyed ...The Hill - Jan. 6 -
Less than 0.1% of U.S. minors take gender-affirming medication, study finds
A new study in the journal JAMA Pediatrics found that less than 0.1% of adolescents in the U.S. were prescribed puberty blockers or gender-affirming hormones.NBC News - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
Djokovic ousted by Opelka in Brisbane quarters
Novak Djokovic was beaten 7-6 (6), 6-3 by big-serving Reilly Opelka in the Brisbane International quarterfinals on Friday.ESPN - Jan. 3 -
Djokovic and Sabalenka through to Brisbane quarters
Novak Djokovic will face Reilly Opelka for the first time after reaching the Brisbane International quarter-finals.Yahoo Sports - Jan. 2 -
How to help UK farming waste less food
We don’t normally take lessons from the US on food but there is a lot to learn from America’s tax policiesFinancial Times - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2