Latest in Global hotel chains bet on cheaper end of market as Chinese economy slows
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Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries
Exclusive: Report by risk experts says previous assessments ignored severe effects of climate crisis. The global economy could face 50% loss in gross domestic product (GDP) between 2070 and 2090 ...The Guardian - Jan. 16 -
GM looks to make cheaper EV batteries after signing multibillion-dollar deal
General Motors aims to boost EV profitability with its deal with Norway-based graphite manufacturer Vianode for battery materials.MarketWatch - Jan. 15 -
How to shockproof the UK economy’s exposure to global risks | Mohamed El-Erian
As with US bond yields, the UK economy risks catching cold whenever anywhere else sneezes – but Britain can insulate itself better. The British government was right to describe the recent bout of ...The Guardian - Jan. 15 -
People bought cheaper jewelry as holiday gifts, and Signet’s stock is tumbling
Kay Jewelers, Zales parent cut its sales outlook as more customers bought discounted jewelry for Christmas than expected.MarketWatch - Jan. 14 -
Trump Jr. joins betting market Kalshi as adviser
Donald Trump Jr. announced Monday he is joining Kalshi, a prediction market that allows users to bet on political developments, as a strategic adviser. "On Election night at Mar-a-Lago, while ...The Hill - Jan. 13 -
Companies move to strengthen supply chains on Trump trade war fears
Conference Board survey highlights increasing concerns over impact of threatened tariffs on goods and servicesFinancial Times - Jan. 13 -
EU too slow to tackle single market abuse, say industry bodies
Number of cases opened against member states for breaches of EU law has dropped sharplyFinancial Times - Jan. 13 -
For fear of finding something worse: Trump and the end of the global rules-based order
The impending second presidency of Donald Trump is a challenge to the framework of global politics and diplomacy that it may not survive.The Hill - Jan. 12 -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - Jan. 12 -
Malaysia expects surge of Chinese investment, economy minister says
Rafizi Ramli suggests semiconductor and tech sectors are seeking to avoid exposure to possible Trump tariffsFinancial Times - Jan. 12 -
The relationship recession is going global
A rise in the number of single people is becoming a key driver of falling birth ratesFinancial Times - Jan. 11 -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - Jan. 10 -
Gilts take the global strain
As yields rise around the globe, UK government bonds have been put in a difficult placeFinancial Times - Jan. 10 -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - Jan. 10 -
The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - Jan. 9 -
Private-sector hiring slows: ADP
Hiring in the U.S. private sector and pay growth slowed down in December last year across several industries, according to a report released on Wednesday. The Always Designing for People (ADP) ...The Hill - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Britain’s retail ‘boomer’ chains are making a comeback
Youth is wasted on the young with 160-year-old Next showing a steady cash flow despite rising costsFinancial Times - Jan. 8 -
McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to ...MarketWatch - Jan. 8 -
Warner jokes Purdy will buy chains, cars with expected 49ers contract
San Francisco 49ers linebacker Fred Warner made fun of teammate Brock Purdy over the potentially massive contract extension the quarterback may sign this offseason.Yahoo Sports - Jan. 8 -
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 slow path to reliable data on child sexual abuse
Publishing limited statistics is still vital to ensure scrutiny and transparency as people end up speculating anywayFinancial Times - Jan. 7 -
ZKcandy raises $4M for its gaming-focused Layer 2 chain
ZKcandy has closed a $4 million private round of funding to put towards building an ecosystem around its gaming-focused Layer 2 chain.VentureBeat - Jan. 7 -
Why HELOCs are cheaper than home equity loans now
Both allow you to borrow against your home's equity, but HELOCs offer measurable savings in today's market.CBS News - Jan. 6 -
Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
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Saving a species: The slow return of the Iberian lynx
After edging close to extinction, there are now some 2,000 Iberian lynxes in Spain and Portugal.BBC News - Jan. 6 -
‘There will be a bit of a slump’: London braced for luxury hotel glut
Biggest number of room openings in more than a decade prompts concerns about oversupply and price cutsFinancial Times - Jan. 4 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
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 -
These restaurant chains closed locations in 2024
Wendy's, Applebee's and Red Lobster were among the chains that announced restaurant closures in 2024.CNBC - Jan. 2 -
Chinese EV makers BYD, Nio, Li and XPeng end 2024 on a sales high
Chinese electric-vehicle makers enjoyed strong sales in December 2024 as the country’s EV price war continued.MarketWatch - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
Shai Gilgeous-Alexander is the NBA's MVP according to Anthony Edwards, and the betting markets agree
Gilgeous-Alexander dropped 40 in a win over Minnesota, and Edwards says he's 'unguardable'CBS Sports - Jan. 2 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1
