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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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 -
This 36-year-old sci-fi 'nerd' quit his banking job to start a deep space startup that has raised $24 million
"It was in banking that I finally realized why the internet sucked," says Rohit Jha, co-founder and CEO of Transcelestial.CNBC - Jan. 12 -
The Guardian view on Argentina’s austerity year: painful cuts, rising poverty and a geopolitical gamble | Editorial
In his first 12 months Javier Milei has imposed drastic economic measures – sparking protests while banking on an IMF bailout. . The first foreign leader to meet Donald Trump after his victory last ...The Guardian - Jan. 12 -
Falcons fire first-year DC after struggles vs. pass
The Falcons have fired defensive coordinator Jimmy Lake after the team allowed the second-most touchdown passes in the NFL and had the second-fewest sacks.ESPN - Jan. 12 -
Vonn lands 6th in first WC downhill in 6 years
Lindsey Vonn skied into an impressive sixth place in her first World Cup downhill race in six years.ESPN - Jan. 11 -
Scientists drill nearly 2 miles to pull 1.2 million-year-old ice core from Antarctic
An international team of scientists say they’ve successfully drilled one of the oldest ice cores yet, penetrating nearly 2 miles to Antarctic bedrock to reach ice that's at least 1.2 million years oldABC News - Jan. 11 -
‘This place instilled constant fear in us’: the man who lived next door to the brutal Homs security unit for 50 years
For 50 years Taha Tadmori had a window to the surveillance complex of the Assad regime. As Syria starts a new chapter, he recalls the horrors he witnessed and the family he lost. The three floors ...The Guardian - Jan. 11 -
High five or high dive? What we know about stock returns in years ending in ‘5.’
History suggests that 5 is the market’s lucky number — just don’t bet on it.MarketWatch - Jan. 11 -
Lindsey Vonn places 6th in first World Cup downhill in 6 years
Lindsey Vonn nearly made the podium, while Federica Brignone broke Vonn's age record.Yahoo Sports - 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 -
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 -
Five Nights At Freddy’s: Into The Pit And Help Wanted 2 Are Getting Physical Editions Later This Year
Five Nights at Freddy’s has become wildly popular in recent years, earning itself a movie adaptation in 2023 and boasting a catalog filled with over a dozen horror games. Later this year, two of ...GameSpot - Jan. 10 -
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. - 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 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
2024 first year to pass 1.5C global warming limit
Last year was the world's warmest on record, bringing temperatures above a politically symbolic milestone.BBC News - 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 -
Number of single adults in U.S. declines for 1st time in years, survey says
"Singledom has peaked," said Dr. Richard Fry, a labor economist at Pew Research Center who conducted the survey.CBS News - Jan. 9 -
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 -
UBS’s stock hit its highest level in 16 years. The good news is the bank is about to get fined hundreds of millions of dollars.
UBS stock reached a new 16-year high after the Wall Street Journal said the bank is about to get fined hundreds of millions of dollars.MarketWatch - Jan. 9 -
UFC in 2025: Jon Jones, Conor McGregor and Dana White among five biggest storylines to watch this year
The new year could produce a multitude of changes and new matchups for the promotionCBS Sports - Jan. 9 -
Scientists drill nearly 2 miles down to pull 1.2 million-year-old ice core from Antarctic
An international team of scientists announced Thursday they’ve successfully drilled one of the oldest ice cores yet, penetrating nearly 2 miles (2.8 kilometers) to Antarctic bedrock to reach ice ...NBC News - Jan. 9 -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - Jan. 9 -
Senators introduce measure making daylight saving time year-round standard
Sen. Rick Scott (R-Fla.) reintroduced legislation to make daylight saving time year-round on Tuesday, touting bipartisan support for the measure. “I hear from Americans constantly that they are ...The Hill - Jan. 8 -
Self-made millionaire's advice to couple expecting to earn 4x more in the next 2 years after struggling with salary gap
Self-made millionaire Ramit Sethi followed up with one of the first couples he interviewed on his podcast two years ago to see how they're doing.CNBC - Jan. 8 -
Micah Parsons predicts Cowboys will be 'holding the trophy' next year 'point-blank, period'
Parsons has high hopes for his team in 2025CBS Sports - Jan. 8
