Latest in S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns
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Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - Jan. 8 -
Fed braces for Trump inflation bump
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Fed frets about impact of Trump policies on inflation Central bank officials ...The Hill - Jan. 8 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Tents arrive for survivors of quake that hit holy city in freezing high-altitude Tibet, killing 126
Rescue workers in the freezing, high-altitude Tibet region are searching for more survivors and victims, one day after a strong earthquake leveled thousands of houses and killed at least 126 people ...ABC News - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - Jan. 7 -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Next Ups Guidance After Strong Christmas
Next lifted its fiscal-year outlook after Christmas sales were better than expected but said U.K. growth is likely to slow, as higher employer tax costs begin to filter through into the economy.The Wall Street Journal - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
How Myles Smith wrote 2024's biggest British hit
The Luton-born singer-songwriter has taken fourth place on BBC Radio 1's Sound of 2025.BBC News - Jan. 7 -
How Washington, D.C., is handling security concerns amid major events
In the coming weeks, Washington, D.C., will host the 2024 election certification, former President Jimmy Carter's state funeral and President-elect Donald Trump's second inauguration. CBS News ...CBS News - Jan. 6 -
U.S. Eases Some Restrictions on Humanitarian Aid to Syria
The authorization comes after rebels toppled the Syrian government last month and is intended to allow humanitarian groups to operate more freely without running afoul of U.S. sanctions.The New York Times - Jan. 6 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
U.S. to Ease Aid Restrictions for Syria in Limited Show of Support for New Government
The move reflects Washington’s wariness about the U.S.-designated terror organization that leads the country.The Wall Street Journal - Jan. 6 -
The Timberwolves are .500 and searching for an identity, but what if this is it?
Minnesota's chemistry on the floor has been, to put it kindly, off — and nobody’s really denying it.Yahoo Sports - Jan. 6 -
China’s yuan hits 16-month low amid fears over Trump tariffs
CSI 300 blue-chip stock index also trades weakly, hitting its lowest point since September. China’s currency hit a 16-month low on Monday, despite efforts by the central bank and stock exchanges to ...The Guardian - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
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Waitangi Day: record crowds expected amid tensions over Māori policy in New Zealand
Event in February that commemorates signing of New Zealand’s founding document expected to draw tens of thousands but PM will not attend. Organisers of New Zealand’s national day commemorating the ...The Guardian - Jan. 6 -
Amad earns Man Utd draw at Liverpool in thriller
Amad Diallo struck a late equaliser as Manchester United made a mockery of their recent form to hold Premier League leaders Liverpool to a thrilling 2-2 draw at Anfield on Sunday.ESPN - Jan. 5 -
Don’t compare your retirement investments to the S&P 500
Retirement is about maximizing reliable cash flow for lifeMarketWatch - Jan. 4 -
E.V. Demand Leads Automakers to a Strong 2024 Finish
General Motors was the biggest winner in U.S. sales in the final quarter, with a gain of 21 percent. It more than doubled its electric vehicle sales.The New York Times - Jan. 3 -
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Mike Johnson elected House speaker, easing concerns over delays to market-friendly bills
The Republican-run U.S. House of Representatives on Friday re-elected Mike Johnson as its speaker on the first ballot after two GOP lawmakers changed their votes, an outcome that eases some ...MarketWatch - Jan. 3 -
Recovery in US car sales eases fear of economic malaise settling in
Strong purchase data to end the year reverses downward trend as lower interest rates and better deals lure buyersFinancial Times - Jan. 3 -
U.S. Car Sales Hit a Five-Year High in 2024
Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.Inc. - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Novak Djokovic crashes out in Brisbane while Aryna Sabalenka eases through
Reilly Opelka finds inspired form to dump out Serbian Sabalenka advances to semi-final against Mirra Andreeva Novak Djokovic suffered a surprise 7-6 (6), 6-3 defeat to Reilly Opelka in the ...The Guardian - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
U.S. dollar index hits more than two-year high as markets brace for Trump return
Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.CNBC - Jan. 2 -
Cruise ship stomach bug illnesses hit 12-year high: CDC
Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.The Hill - Jan. 2 -
‘It wasn’t the easiest decision’: Eagles set to rest Saquon Barkley amid record bid
Sirianni: Barkley will ‘probably be somebody that rests’ Running back is 101 yards short of NFL rushing record Saquon Barkley appears set to sit out the Philadelphia Eagles final regular-season ...The Guardian - Jan. 1 -
Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest in 2024
At the end of a second consecutive year during which the S&P 500 has risen more than 20%, two things investors need to remember are that time tends to smooth out performance and that the index is ...MarketWatch - Jan. 1
