Latest in Happy holidays: Consumer spending surges again and keeps U.S. economy in overdrive
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These Chinese apps have surged in popularity in the U.S. A TikTok ban could stop them in their tracks
A law that could see TikTok shut down in the U.S. threatens to ensnare other Chinese social media apps gaining traction in the country, legal experts say.CNBC - Jan. 15 -
Canada’s Trudeau Cautions U.S. Consumers to Consider Harms of Trump’s Tariff Threats
Dismissing the president’s bluster about a 51st state, the departing leader urged Americans to think about the impact of high prices that will accompany new import taxes.Inc. - Jan. 13 -
Dementia Cases in the U.S. Will Surge in the Coming Decades, Researchers Say
By 2060, new dementia cases per year could double to one million because of the growing population of older Americans, a study predicts.The New York Times - Jan. 13 -
Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - Jan. 13 -
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The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - Jan. 13 -
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 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
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 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending
The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.MarketWatch - Jan. 10 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
After leaving the U.S., Richard Gere dives into holiday season in Spain with family
The Hollywood legend has wasted no time in enjoying his new life in Spain, taking full advantage of the holiday season to explore the surrounding areas of his Madrid abode.MarketWatch - Jan. 9 -
Ancelotti 'very happy' with Vini Jr. despite ban
Carlo Ancelotti has backed Vinícius Júnior after the Real Madrid forward's two-game ban following his sending off against Valencia last week.ESPN - Jan. 8 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
Trump keeps up talk of U.S. expansion: From the Politics Desk
President-elect Donald Trump is keeping up his talk of expanding the United States by taking control of Canada, Greenland and the Panama Canal.NBC News - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Consumer Electronics Show 2025 underway in Las Vegas
The iconic Consumer Electronics Show is now underway in Las Vegas, showcasing some of the latest trends in technology. Bridget Carey, editor-at-large for CNET, joined CBS News to discuss the event.CBS News - Jan. 7 -
Sources: A's keep spending with Rooker extension
Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...ESPN - Jan. 7 -
Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows
Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.NBC News - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - 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 -
Richard A. Easterlin, ‘Father of Happiness Economics,’ Dies at 98
He put forth the so-called Easterlin paradox, finding that the richer you are doesn’t mean the more satisfied you’ll be with your life.The New York Times - Jan. 4 -
Ronaldo on 2yrs in Saudi: Happy, but I want more
Cristiano Ronaldo has declared on his two-year anniversary with Saudi Pro League side Al Nassr that he's hungry for more titles.ESPN - Jan. 4 -
Barça's Flick 'not happy' with Dani Olmo status
Hansi Flick says he is "not happy about this situation" as Barcelona scramble to try and register Dani Olmo and Pau Víctor for the second half of the season.ESPN - Jan. 3 -
Covid surges across US after holidays amid low booster uptake
Test positivity, emergency room visits, hospitalizations and deaths are increasing as expert warns: ‘It’s still dangerous’. . Covid is once again surging across the US after an unusual relative ...The Guardian - Jan. 3 -
Americans focus on happiness, health, and savings in 2025
Saving money and improving mental health top the list of 2025 resolutions as Americans look to start the year with a focus on self-improvement and happiness.CBS News - Jan. 3 -
‘A lesson like no other’: readers’ favourite learning holidays
From surfing to singing, mastering a new skill can add an inspiring new dimension to a holiday. Our tipsters share their most rewarding experiences. We took the train to Birkenhead then overnight ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Dollar surges against the euro and sterling
US jobs data adds to investor confidence over strength of American economyFinancial Times - 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 -
During the holidays, reports of domestic violence surge. But what if next year could be different? | Frances Ryan
Labour has promised to halve violence against women. As another year of grim statistics beckons, that’s a speck of hope worth grasping. There is a classic Christmas episode of EastEnders in which ...The Guardian - Jan. 2