Latest in India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
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Reeves to go ‘further and faster’ for growth after recent turmoil
UK chancellor has made more muscular use of Treasury to push changesFinancial Times - Jan. 24 -
Bank of Japan raises rates to highest level in 17 years
Central bank signals more increases to come if wage and price growth hit forecastsFinancial Times - Jan. 24 -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
Singapore eases monetary policy for first time in 4 years
City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025Financial Times - Jan. 24 -
Hodgkinson voted Sunday Times Sportswoman of the Year
Olympic 800m gold medallist Keely Hodgkinson is voted the 2024 Sunday Times Sportswoman of the Year.BBC News - Jan. 23 -
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - Jan. 23 -
Zack Steffen plays first US match in nearly 3 years in 3-0 friendly win over Costa Rica
Goalkeeper Zack Steffen played his first international match in nearly three years, Brian White and Caden Clark scored their first national team goals and the United States beat Costa Rica 3-0 in ...ABC News - Jan. 22 -
Top Leadership Strategies for Growth and Innovation This Year
Follow this 2025 playbook to understand and implement better leadership going forward.Inc. - Jan. 22 -
Victor Wembanyama and the Spurs were nearly 25 years in the making
Before the Spurs drafted Wembanyama No. 1 in 2023, they selected a Frenchman named Tony Parker with the No. 28 pick in 2001.ESPN - Jan. 22 -
P&G didn’t raise prices for first time in 6 years, and Q2 earnings still beat
P&G’s stock powers up as profit and revenue rise above expectations, and the full-year outlook was affirmed.MarketWatch - Jan. 22 -
Birth rate in South Korea, the world's lowest, set to rise for the first time in nine years
South Korea’s birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the pandemic.NBC News - Jan. 22 -
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 -
Dick Vitale, now cancer-free, returning to broadcasting for first time in nearly 2 years
After numerous cancer battles, Vitale announced earlier this month his vocal cords are cancer-free.Yahoo Sports - Jan. 17 -
First Horizon CEO says he's cautious about interest rate cuts in 2025
CNBC's Jim Cramer highlights the regional bank space, talking with First Horizon CEO Bryan Jordan.CNBC - Jan. 16 -
Microsoft raises price of consumer version of Microsoft 365 for first time in 12 years
In a blog post Thursday, Microsoft said it's increasing the price of its Microsoft 365 bundle for consumers by $3 a month.CNBC - Jan. 16 -
Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - 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 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
Boxing guide for a new year: Five fighters to watch in 2025
Mike Coppinger looks at the boxers who can make an impact in 2025, including Ryan Garcia and Errol Spence Jr.ESPN - Jan. 15 -
New York state schools will close in celebration of Lunar New Year for the first time
For students across New York, the upcoming Year of the Snake will start off with a bit more of a bang.NBC News - Jan. 15 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
Meta announces 5% cuts in preparation for 'intense year' — read the internal memo
Meta will cut about 5% of its staff, focusing on its lowest-performing workers, CNBC confirmed.CNBC - Jan. 14 -
Meta announces 5% cuts in preparation for 'intense year.' Read the internal memo.
Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday.NBC News - Jan. 14 -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - Jan. 13 -
FirstFT: Dollar hits 2-year high as interest rate assumptions change
Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El SalvadorFinancial Times - Jan. 13 -
India’s Maha Kumbh Mela festival gets under way for first time in 144 years
The grand version of the 12-yearly Hindu pilgrimage is expected to draw more than 400 million devotees. The world’s largest religious gathering kicked off on Monday as millions of Hindu devotees ...The Guardian - Jan. 13 -
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 -
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 - Jan. 10 -
How Democrats should take on MAGA for the next four years
Democrats must not underestimate Trump, create a truth squad to counter his lies, and hit hard against his corporate overlords in order to win the battle against MAGA.The Hill - Jan. 10 -
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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 - Jan. 10 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - Jan. 10 -
Hottest year on record sent planet past 1.5C of heating for first time in 2024
Highest recorded temperatures supercharged extreme weather – with worse to come, EU data shows . Climate breakdown drove the annual global temperature above the internationally agreed 1.5C target ...The Guardian - Jan. 10 -
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.MarketWatch - Jan. 9 -
30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July
Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.The New York Times - Jan. 9 -
Watch live: Senate Democrats unveil priorities for next two years
Senate Minority Leader Chuck Schumer (D-N.Y.) and other top Democrats will hold a press conference Tuesday afternoon to outline top priorities for the next two years. Vice President Harris gaveled ...The Hill - Jan. 9 -
Amad Diallo signs new five-and-a-half-year deal at Manchester United
22-year-old has had breakout season at Old Trafford Ivorian says: ‘I fully believe that we are on the right path’ Amad Diallo has signed a new long-term deal with Manchester United, committing ...The Guardian - Jan. 9