Latest in Republican attorneys general say Wall Street firms underplay China risk
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KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - Jan. 14 -
Wall Street stocks waver after robust US data puts brake on rate cut bets
Treasury yields rise to highest level since late 2023Financial Times - Jan. 13 -
Retailers post early holiday results — and Wall Street isn’t impressed
Lululemon, Abercrombie & Fitch and American Eagle all hiked their holiday guidance, but Abercrombie's growth is slowing.CNBC - Jan. 13 -
Chancellor will remain for all of Parliament, Downing Street says
Market jitters have raised questions over Rachel Reeves' management of the economy.BBC News - Jan. 13 -
Arizona attorney general asks for Jack Smith's full case file
Arizona Attorney General Kris Mayes (D) has requested access to special counsel Jack Smith's case file for his 2020 election subversion prosecution of President-elect Trump, citing her case against ...The Hill - Jan. 13 -
How to assess Broadcom's China risk — plus, an economic-proof stock gets Wall Street love
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Jan. 13 -
Key Republican says he will support Gabbard as Trump DNI pick
Sen. James Lankford (R-Okla.) said in a Sunday interview that he will support President-elect Trump’s pick for director of national intelligence, former Rep. Tulsi Gabbard (Hawaii). In the ...The Hill - Jan. 13 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
Kelly says he is aware TikTok ban 'is controversial,' but there is 'national security risk to' app
Sen. Mark Kelly (D-Ariz.) said Sunday he is aware that the possible TikTok ban “is controversial,” yet the app “has a national security risk to it.” “I imagine [there's going to] be a disruption in ...The Hill - Jan. 12 -
The rate of HMPV infections in northern China is declining, health official says
The rate of infections with the flu-like human metapneumovirus (HMPV) in northern China is declining, a health official said, amid some international concern over a potential pandemicABC News - Jan. 12 -
Can Bourbon Street be Made Safe?
With the Super Bowl coming, authorities worry about Bourbon Street’s safety.Inc. - Jan. 11 -
Trump and Republicans Cannot Stop Electric Vehicles, Experts Say
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.The New York Times - Jan. 11 -
Wall Street looks forward to a bonfire of capital and climate rules under Trump
Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...The Guardian - Jan. 11 -
Uyghurs detained in Thailand say they face deportation and persecution in China
A group of Uyghurs who were detained in Thailand over a decade ago say that the Thai government is preparing to deport them to China, alarming activists who say the men are at risk of abuse and ...ABC News - Jan. 11 -
Text messaging scammers stole $2M in cryptocurrency from victims, NY attorney general's office says
New York's attorney general says scammers stole millions of dollars in cryptocurrency from people seeking remote work opportunities as part of an elaborate schemeABC News - Jan. 10 -
Apple's market share slides in China as iPhone shipments decline, analyst Kuo says
Analyst Ming-Chi Kuo wrote in a post on Friday that Apple is losing market share in China due to declining iPhone shipments.CNBC - Jan. 10 -
R. Nicholas Burns, U.S. Ambassador, Says China Is Aligned With ‘Agents of Disorder’
R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.The New York Times - Jan. 10 -
Wall Street gets off to a bumpy start to 2025. How investors can prepare for more volatility ahead.
A sharp selloff in the world’s largest bond market sent shockwaves through the U.S. financial markets this week, leaving investors to ponder if that choppiness will persist throughout the new year.MarketWatch - Jan. 10 -
Ford CEO says China operations earned $600 million in 2024
Ford Motor's operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night.CNBC - Jan. 10 -
Rumble Among 15 Targets of Texas Attorney General’s Child Privacy Probe
Texas has become a leading enforcer of internet rules. Its latest probe includes some platforms that privacy experts describe as unusual suspects.Wired - Jan. 9 -
BBC reporter assesses destruction on fire-ravaged street
At least five people have died as a result of the Eaton fire as the blaze remains 0% contained, officials say.BBC News - 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 -
Wall Street names 13 of our stocks 'top picks' for 2025 — here's the list and our takes
These are names analysts say can not only weather any headwinds but will thrive in the new year.CNBC - Jan. 9 -
Democrats warn party must look beyond 'blue wall' to win
When Democrats lost the White House in November, and watched the Senate flip and the House remain in Republican control, they immediately set their sights on the next fight in 2028. But some ...The Hill - Jan. 9 -
Wall Street’s riskiest stocks are melting down as retail traders face ‘day of reckoning’
Retail traders who had developed a taste for gambling on speculative stocks were facing a day of reckoning on Wednesday as many of their favorite trades suffered a startling meltdown.MarketWatch - Jan. 9 -
The ‘Worst in Show’ CES products put your data at risk, privacy advocates say
So much of the technology showcased at CES includes gadgets made to improve consumers’ lives — whether by leveraging AI to make devices that help people become more efficient, by creating ...ABC News - Jan. 9 -
China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - Jan. 9 -
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Pam Bondi’s Rise From Lobbyist to Attorney General Pick
Pam Bondi, whom President-elect Donald J. Trump intends to nominate as attorney general, received trips and donations funded by those seeking favors from her Florida office.The New York Times - Jan. 8