Latest in The U.S. Economy May Be Too Strong for Its Own Good
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Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - 18h -
The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - 23h -
Despite Nippon Steel Negotiation, U.S., Japan Retain Strong Relationship
Though the president blocked Japanese purchase of Nippon Steel, it remains a U.S. ally.Inc. - 1d -
U.S. tightens its grip on AI chip flows across the globe
The U.S. government said on Monday it would further restrict artificial intelligence chip and technology exports, divvying up the world to keep advanced computing power in the U.S. and among its ...NBC News - 20h -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - 1d -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - 1d -
Powerful winter storm across Southern U.S. maintains its icy grip
Temperatures plunged in some areas turning melting snow into ice and turning roadways treacherous.CBS News - 2d -
L.A. Wildfires May Be the Costliest in U.S. History, Estimates Say
An estimate puts wildfire losses so far between $135 billion and $150 billion.Inc. - 2d -
Why SEC Basketball Is Its Own Worst Enemy
The conference’s superiority this season also ensures something else: carnage, a columnist for The Athletic writes.The New York Times - 3d -
Probation: 'Too few staff, with too little experience, managing too many offenders'
Probation officers say they were overworked even before thousands of prisoners were released early.BBC News - 3d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 3d -
The Memories That Burn, Too
Shawn Hubler, who covers California from Sacramento, details the personal, psychological toll of the wildfires.The New York Times - 3d -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - 3d -
DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target
The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.Inc. - 3d -
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 - 3d -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - 3d -
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 - 4d -
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. - 4d -
U.S. Declares Genocide in Sudan. Critics Say Biden Acted Too Late.
Tens of thousands of people have been killed in months of fighting that has led to a famine.The Wall Street Journal - 4d -
Pluto May Have Captured Its Biggest Moon Charon After an Ancient Dance and Kiss
Charon is large in size relative to Pluto, and is locked in a tight orbit with the dwarf planet. A new simulation suggests how it ended up there.The New York Times - 5d -
Mark Cuban: I'd rather own bitcoin than gold if something bad happens to the economy—'I think it has more value'
Billionaire investor Mark Cuban says bitcoin can function as a store of value and a currency in case of economic turmoil. It even has some advantages over gold.CNBC - 5d -
West Ham appoint Potter after sacking Lopetegui … and Steidten may go too
Spaniard departs after just 22 matches as manager Analysis: Lopetegui leaves identity-free West Ham West Ham have appointed Graham Potter as their manager after ending days of uncertainty by ...The Guardian - 5d -
The FuboTV-Hulu deal was good for investors. There’s a silver lining for viewers too.
Live-TV streaming offerings are still far cheaper than cable and there may be more affordable bundles.MarketWatch - 5d -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 5d -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - 6d -
Donald Trump Jr. arrives in Greenland after his father said U.S. should own territory
The eldest son of President-elect Donald Trump is in Greenland on a private visit that has heightened speculation that the incoming U.S. administration could seek to take control of the ...ABC News - 6d -
U.S. records its first human bird flu death
The U.S. has recorded its first human death from bird flu, in a patient hospitalized in Louisiana. The case was considered the country’s first severe human H5N1 infection.NBC News - Jan. 6 -
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Who Owns Jan. 6?
Trump is trying to rewrite history, but history may not comply.The New York Times - Jan. 6 -
PSU's Franklin: 'Too early' to say if Carter plays
Penn State coach James Franklin says it's "too early" to determine whether All-American defensive end Abdul Carter (shoulder) will play in the CFP semifinals against Notre Dame.ESPN - Jan. 4 -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
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 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
With a playoff blowout of Oregon, Ohio State proves it's moved past the Michigan loss — and may be at the peak of its powers
That Ohio State is one of college football’s last four standing is equal parts predictable and surreal. After all, it was barely a month ago that the Buckeyes endured a loss that rocked the program ...Yahoo Sports - Jan. 2 -
‘We can be weirdos too’: the Black mermaids creating their own fantasy worlds
Mermaiding has gained popularity in the US – and Black mermaids are using the activity to advocate for aquatic safety, raise environmental awareness and connect to African spirituality. Dressed in ...The Guardian - Jan. 1 -
The Music Is Too Loud. That’s the Point.
Vinyl-focused listening bars inspired by ones in Japan are opening across New York, attracting audiophiles and city dwellers looking for a respite from the cacophony outside their doors.The New York Times - Dec. 30