Latest in German unemployment rises in January to 6.4%
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Unemployment claims rise to 242,000, the highest in 3 months
Figures do not include layoffs ordered by the Department of Government Efficiency. Analysts expect those to show up in coming weeks.CBS News - 1d -
Number of Americans filing for unemployment rises to 242,000, highest in 3 months
Applications for U.S. jobless benefits rose to a three-month high last week but remained within the same healthy range of the past three yearsABC News - 1d -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - Feb. 21 -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 8h -
PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 3h -
Investors in $6.4 trillion T-bill market are getting less chill about the U.S. debt ceiling
Yields on Treasury bills set to mature in July and August have been climbing, reflecting growing concerns the U.S. debt-ceiling battle.MarketWatch - 3d -
WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers.CNBC - 1d -
Home sales drop sharply as prices hit an all-time high for January
The median price of a home sold in January was $396,900, up 4.8% from the year before and the highest price ever for the month of January.CNBC - Feb. 21 -
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Pending home sales drop to the lowest level on record in January
Home prices nationally are still higher than they were a year ago.CNBC - 1d -
Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 7h -
FAA clears SpaceX for another Starship test flight after explosion in January
SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, the FAA announced Friday.CNBC - 2h -
Fed Flags Rising Inflation Risks and Rising Uncertainty About Trump’s Policies
Rates cuts are still on the menu, but like many businesses, Fed officials are having a tough time judging the impact of Trump’s tariff and immigration plans.Inc. - Feb. 20 -
The political rise of the anti-vax movement
As traditional parties decline, vaccine scepticism has become one of the anti-establishment forces filling the vacuumFinancial Times - 2d -
Remembering Liberty German and Abby Williams
Liberty German and Abby Williams's loved ones reflect on their lives and the impact they had on those around them.NBC News - Feb. 21 -
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Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
M23 militia’s advance in eastern DRC has killed 7,000 since January, UN told
DRC prime minister tells human rights council fighting has left about 450,000 without shelter after camps destroyed. About 7,000 people have died in fighting in the east of the Democratic Republic ...The Guardian - 4d -
U.S. Consumers Cut Spending More Drastically in January Than Any Other Time in the Past Four Years
The threat of tariffs has led shoppers to tighten their purse strings.Inc. - 3h -
Britain’s household energy bills to rise from April
Regulator Ofgem lifts quarterly price cap 6.4% following increase in wholesale costsFinancial Times - 3d -
Testosterone replacement therapy is rising in popularity. What is it?
Testosterone replacement therapy, also known as TRT, has surged in popularity, but there are potential risks. Here's what to know.CBS News - 3d -
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Restructuring activity rises as companies feel the squeeze
Consultants predict a wave of work this year from UK businesses facing financial pressureFinancial Times - 1d -
Rough sleeping rises for third year in a row in England
The number of people sleeping rough in England has risen by a fifth in a year, according to new snapshot estimates.BBC News - 1d -
Can Starmer rise to meet his Bismarck moment?
Labour will use the geopolitical crisis to defy its own members about the new priorities for a rearming economyFinancial Times - 1d -
Inflation Is Rising. What Will That Mean for Trump’s Tariffs?
Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s economic agenda, including tariffs?The New York Times - 10h -
Employee Fears of an Economic Downturn Rise on Latest Data
Though recent bumps in joblessness, growth, and inflation data remain minor, workers still worry that Trump’s tariffs, mass federal employee layoffs, and spending cuts could tank the economy.Inc. - 3h -
Friday Briefing: Germans Are Choosing New Leadership
Plus, volcano tourism in Sicily.The New York Times - Feb. 20 -
Birkenstock Loses Copyright Battle in German Court Ruling
The famous sandal company lost a battle over copyright law, leaving room for imitations to spawn.The New York Times - Feb. 20 -
German federal election 2025: what’s at stake?
Everything you need to know about the parties, policies and voting in Sunday’s pollsFinancial Times - Feb. 21 -
Who's who in German elections and why this vote is important
German voters go to the polls on Sunday in a pivotal vote focused on immigration, security and the economy.BBC News - 6d -
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German voters shift to the right in Sunday’s elections
Centre-right leader Friedrich Merz set to become Germany’s next chancellorFinancial Times - 4d -
What the German election result means for Europe
Also in this newsletter: Emmanuel Macron tries to woo TrumpFinancial Times - 4d -
Why some German voters embraced the far right
Concerns over the economy may have contributed to the increasing number of votes for the far-right party during Germany's national election. CBS News' Ramy Inocencio reports.CBS News - 4d -
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Five key takeaways from the German election
Friedrich Merz's conservatives have won, but the vote has thrown up some fascinating stories.BBC News - 4d -
What the German election result means for green policy
Also in today’s newsletter, will Big Pharma pay into the UN’s new biodiversity fund?Financial Times - 2d