Latest in Huawei revenue rises at fastest pace since 2016 on the back of consumer segment growth
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NBA Power Rankings: Thunder take back top spot, Suns rising amid reported Jimmy Butler pursuit, Kings stay hot
Shai Gilgeous-Alexander continues to assert his dominance for top-ranked OKCCBS Sports - Jan. 23 -
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A record number of consumers are making minimum credit cards payments as delinquencies also rise
The share of active holders just making baseline payments on their cards jumped to a 12-year high, a Philadelphia Federal Reserve report said.CNBC - Jan. 23 -
Record number of consumers are making minimum credit cards payments as delinquencies rise
Consumer stress has intensified, with an escalating share of credit card holders making only minimum payments on their bills, according to a Philadelphia Federal Reserve report.NBC News - Jan. 22 -
The fires consuming Los Angeles are just the beginning
You can’t even call the LA fires a warning shot. Rather, they are merely the latest episode in a rapidly unfolding story.The Hill - Jan. 22 -
Crypto gains on Trump’s first full day back in the White House, bitcoin rises above $106,000
Cryptocurrencies climbed on Tuesday as bullish investor sentiment returned on President Donald Trump's first full day back in office.CNBC - Jan. 21 -
3M’s stock rises as company targets growth this year
3M Co.’s stock rose 4.6% Tuesday after the maker of Post-it Notes, Scotch Tape and Command strips posted better-than-expected fourth-quarter earnings and guided for sales growth in 2025.MarketWatch - Jan. 21 -
Food companies want to confuse consumers. The FDA must push back.
Food companies criticize the science supporting front-of-package labeling, delay public consultation periods, push for their own confusing label designs and emphasize the possible harms of a ...The Hill - Jan. 21 -
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.BBC News - Jan. 21 -
Stocks set to rise, dollar falls as Trump holds back on tariff ‘shock and awe’
Bitcoin, which soared to a record above $109,000 early Monday, was also pulling back.MarketWatch - Jan. 21 -
Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.The Wall Street Journal - Jan. 21 -
With Kawhi Leonard and Ivica Zubac out, Clippers can't keep pace with Bulls
Norman Powell scores 27 points, but the Clippers struggle with their shooting and can't overcome the absences of Kawhi Leonard and Ivica Zubac in loss.Yahoo Sports - Jan. 21 -
Huawei seeks to grab market share in AI chips from Nvidia in China
Tech giant pushes its artificial intelligence chips as hardware of choice for ‘inference’ tasksFinancial Times - Jan. 21 -
Bueckers fastest in UConn history to 2K points
UConn star Paige Bueckers became the fastest player in program history to reach 2,000 career points.ESPN - Jan. 20 -
Trump-backed memecoin value tops $13bn as crypto industry hopes rise
Incoming president launched token on Friday after a Washington gala for crypto executives and politiciansFinancial Times - Jan. 19 -
On pace for podium finish, Vonn falls in WC event
Lindsey Vonn fell while on pace for a podium finish at a World Cup super-G on Sunday on the course that will host skiing at next year's Milan-Cortina Olympics.ESPN - Jan. 19 -
Humpback whales back in Britain, with rise in sightings from Kent to Isles of Scilly
More sightings may be a positive sign for growing population but also indicative of effect of climate change. The slap of an enormous tail upon grey waters as a humpback whale leaps from the sea is ...The Guardian - Jan. 18 -
Jury finds CNN defamed Navy veteran with segment on Afghan refugees
A jury in Florida on Friday found that CNN defamed a Navy veteran with a report on his business that aired in 2021 and awarded him $5 million damages. The plaintiff, Zachary Young, sued the network ...The Hill - Jan. 17 -
Game developers expect to get back to growth in 2025 | Metaplay
Throughout the games industry’s rather disastrous 2024, the notion that seemed to bolster everyone along was that it was going to get back to growth in the subsequent year. Gaming backend provider ...VentureBeat - Jan. 16 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
Increased December Consumer Spending Bodes Well for 2025 Growth
New data shows retail and restaurant spending rose again last month, suggesting consumers unhappy about higher post-pandemic prices are still buying, especially when they can get a good deal.Inc. - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
Bank of America sees revenue rise across the board in upbeat sign for year ahead
Bank of America CEO Brian Moynihan said the bank turned in a “strong” fourth quarter.MarketWatch - Jan. 16 -
Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone
US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship productFinancial Times - Jan. 16 -
Consumer price growth rose in December, a sign Trump will inherit stubborn inflation as he takes office
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that dogged the Biden administration as he re-takes the White House next week.NBC News - Jan. 15 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - Jan. 15 -
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 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Thunder bounce back to rout Knicks 126-101 in first game since end of 15-game win streak
Shai Gilgeous-Alexander scored 39 points in 29 minutes, and the Oklahoma City Thunder emphatically bounced back to rout the New York Knicks 126-101 in the first game since their 15-game winning ...ABC News - Jan. 10 -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - Jan. 10 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
Chinese consumer prices barely rise as deflationary pressure weighs
Beijing has struggled to stimulate domestic demand in economyFinancial Times - Jan. 9 -
Eaton Fire consumes homes in Altadena, Pasadena
The Eaton Fire has burned more than 10,000 acres in northeast Los Angeles County, forcing about 33,000 residents to flee. It has torched homes and burned houses of worship in the communities of ...CBS News - Jan. 8 -
10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation
The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.CNBC - Jan. 8 -
Notre Dame vs. Penn State history dates back to 1913, but College Football Playoff meeting is first since 2007
Here's a look back at the rich, yet brief, history between the Fighting Irish and the Nittany LionsCBS Sports - Jan. 8 -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - Jan. 8 -
Experian accused of failing to properly investigate consumer disputes
A top watchdog agency for consumer finance has accused the credit rating company Experian of failing to properly investigate consumer disputes. In an announcement Tuesday, the Consumer Financial ...The Hill - 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 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7