Latest in Increased December Consumer Spending Bodes Well for 2025 Growth
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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 - 7h -
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. - 11h -
2025 NBA All-Star Game voting: LeBron James passes Kevin Durant, Giannis Antetokounmpo increases lead
All-Star Game starters will be announced next weekCBS Sports - 9h -
Bessent open to increasing sanctions on Russia
Treasury Secretary-nominee Scott Bessent told senators Thursday that he would be “100 percent on board” with increasing sanctions on Russia’s major oil companies if President-elect Trump supports ...The Hill - 12h -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - 1d -
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 - 1d -
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How’s my home life? Well, I’ve moved into the shed to spend more time with the chickens | Emma Beddington
It’s the only way I can think of to keep them safe from foxes. If only it wasn’t so cold …. I recently acquired three lovely new hens, but so far my husband’s schemes to protect them from foxes ...The Guardian - 3d -
China's imports post surprise growth in December; exports beat expectations as higher tariffs loom
Economists are expecting exports to make a notable boost to China's economic growth last year when the figures are released later this week.CNBC - 3d -
The best tech showcased at the 2025 Consumer Electronics Show in Las Vegas
The annual Consumer Electronics Show in Las Vegas is coming to an end on Saturday. Editor-in-chief of CNET, Adam Auriemma, joins "The Daily Report" to break down the top products of the show ...CBS News - 6d -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - 6d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 6d -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 6d -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - 6d -
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 - 6d -
These are some of the well-known landmarks damaged in the California fires
From a school featured in "Freaky Friday" to a historic synagogue, local landmarks are among the thousands of structures damaged by the wildfires.NBC News - 6d -
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 - 6d -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - 6d -
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 -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - 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 -
AI takes center stage at the 2025 Consumer Electronics Show
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason ...CBS News - Jan. 7 -
Nvidia CEO Pitches Robotics, Cars as Growth Areas to Consumer-Electronics Audience
Jensen Huang’s address at CES followed a trading session that sent Nvidia’s value to $3.66 trillion.The Wall Street Journal - Jan. 7 -
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 -
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 -
UK house prices dipped in December, says Halifax
Decline is first for nine months although prices still 3.3% above last yearFinancial Times - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
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Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Tech trends at CES 2025 favor growth, so long as trade war doesn’t start | CTA
The tech market in the U.S. is expected to grow a few percent in 2025 to $537 billion, so long as there isn't a trade war.VentureBeat - Jan. 6 -
Let’s champion our mentors as well as sport’s trophy-winners in 2025 | Cath Bishop
Away from the spotlight sportsmen and women are helping tackle disadvantage and inequality and can have a huge impact . As we anticipate what sport will bring us in 2025, we might be tempted to ...The Guardian - Jan. 5 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
5 Ways to Turn Customer Renewal Cycles Into Growth Drivers in 2025
Renewals are not just about auto-renews.Inc. - Jan. 3 -
Shops offered grottos and wine to combat 'drab' December
Small businesses are offering incentives to entice customers as consumer confidence remains low.BBC News - Jan. 3 -
Kickstart 2025: Actionable Business Growth Strategies for the First 90 Days
Learn to read your business’s metrics and refine your strategy accordingly at the start of the new year.Inc. - Jan. 2
