Latest in Stocks pop on cool inflation, hot bank earnings — plus, new rules on biotech exports to China
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Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Razer's New Bladeless Gaming Chair Fan Will Keep You Cool--Or Warm--While You Play
Razer brought a bunch of new gaming hardware and accessories to show off at CES 2025 this week, including two big additions to its gaming chair lineup. The first of these gaming chair announcements ...GameSpot - Jan. 7 -
New rule bans medical debt from credit reports
A new rule issued by the outgoing Biden administration will ban medical debt from appearing on people's credit reports. It's estimated the move will raise credit scores for around 15 million ...CBS News - Jan. 7 -
Meta's new hate speech rules allow users to call LGBTQ people mentally ill
Meta will allow its billions of social media users to accuse people of being mentally ill based on their sexuality or gender identity.NBC News - Jan. 7 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
Medical debt banned from credit reports by new Biden administration rule
Unpaid medical bills will no longer appear on credit reports under a final rule announced by the Biden administration.CBS News - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
The 'new China' in Thailand: ‘if you want hope, you have to leave’ – video
After 30 years of relentless growth and capitalism, a new trend has emerged in China. The search for a simpler, calmer life is leading some Chinese people to seek a life abroad. The trend is so ...The Guardian - Jan. 7 -
Are the new personal data rules workable?
Also in this newsletter: India’s forex reserves fall to an eight-month low and Kumar Mangalam Birla’s mantraFinancial Times - Jan. 7 -
This space stock is up on new orders for its satellite networking technology
Shares of Gilat Satellite Networks ended Monday’s session up 9.8% after the Israel-based company said that it has received $9 million in orders from major satellite operators.MarketWatch - Jan. 6 -
New federal rule targets certain gas water heaters: Here’s what you should know
No, it's not a ban on any water heaters.The Hill - Jan. 6 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - Jan. 6 -
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China’s new super-dam carries both geopolitical and environmental risks
China is now the world’s most dammed country, with more large dams in operation than the rest of the world combined.The Hill - Jan. 6 -
Michael Moss breaks down new FDA rules for "healthy" food labels
Pulitzer Prize-winning journalist Michael Moss explains the FDA's new rules for "healthy" food labels, limits on added sugars, and the push for alcohol warning labels.CBS News - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
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Jets soar up to No. 1, plus New Year's resolutions for each team
A major shuffle in the voting gives us a brand-new order in the top five. Plus, here's what each team must focus on as the calendar has flipped.ESPN - Jan. 4 -
Ryan Leonard At The World Juniors: "It's Cool To Be Hated."
The Washington Capitals first-rounder is Team USA's captain and emotional leader - and rival fans are letting him have it.Yahoo Sports - Jan. 4 -
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 -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
CNBC Daily Open: New year, old problems for stocks
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.CNBC - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
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New House Ethics campaign rules are a belated lump of coal
The House Committee on Ethics has issued new requirements for House members' campaign and leadership PAC funds, requiring them to maintain records demonstrating the specific campaign purpose of ...The Hill - Jan. 2 -
WeChat, TikTok First to Secure Licenses Under Malaysia's New Social-Media Rules
The two Chinese technology companies had each obtained licenses under requirements for internet- messaging and social-media companies unveiled last year.The Wall Street Journal - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
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House Republicans unveil new rules, one which makes it harder to oust speaker
House Republican leaders unveiled new rules for the 119th Congress, which includes a provision that will make it harder to oust a speaker but doesn’t remove the threat.ABC News - Jan. 1 -
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Law enforcement at New Orleans attacker's Airbnb, authorities not ruling out future threat
Authorities from multiple law enforcement agencies have descended on the Airbnb rented by the attacker who killed at least 10 people on New Orleans' Bourbon Street early on New Year's Day. CBS ...CBS News - Jan. 1 -
The Guardian view on Russia and China: an old friendship poses new threats | Editorial
Over the holidays, this column is looking ahead at the urgent issues of 2025. Today, the expansion of the partnership between Beijing and Moscow. It is almost three years since Xi Jinping and ...The Guardian - Jan. 1 -
‘I heard the pops and I just ran’: New Orleans in shock after vehicle attack
Residents and tourists recall scrambling for cover as scenes unimaginable unfolded in the French Quarter. The silence on Bourbon Street told much of the story.. At the intersection that marks the ...The Guardian - Jan. 1 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1 -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - Dec. 31