Latest in U.S. Economy Grew 2.3 Percent in Fourth Quarter
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A landslide? Just 0.15 percent of all voters determined Trump’s 2024 victory
How close, exactly, was the 2024 election?The Hill - Jan. 20 -
The U.S. economy is in a ‘sweet spot’. But markets may be getting one thing wrong, says Goldman Sachs.
Investors are possibly too pessimistic on the likely pace of Fed rate cutsMarketWatch - Jan. 20 -
Wealth of world’s billionaires grew by $2tn in 2024, report finds
Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...The Guardian - Jan. 20 -
Commanders lead Lions 45-31 in fourth quarter of NFL divisional game
Will Houston QB C.J. Stroud be able to pull the massive upset off against Patrick Mahomes and the two-time defending champions?NBC News - Jan. 18 -
Law - the squinting kid who grew into giant of global game
Scotland and Manchester United legend Denis Law had elegance, charisma and courage. He was a total footballer and a giant of the game, writes Tom English.BBC News - Jan. 17 -
U.S. economy poised to lead the global pack in 2025, IMF says. Here’s why.
The U.S. economy has separated itself from the global pack — and its lead could widen in the new year.MarketWatch - Jan. 17 -
SLB Stock Gains on Topped Forecast, $2.3 Billion Buyback
Shares of SLB advanced after the oilfield services giant announced a $2.3 billion stock buyback, bumped dividend payouts higher and reported quarterly earnings that topped Wall Street views.The Wall Street Journal - Jan. 17 -
China's fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in
The real estate slump and uncertainty about future income have weighed on consumer spending and business confidence, adding to deflation concerns.CNBC - Jan. 17 -
As Biden exits, how will he be remembered for his handling of the U.S. economy?
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and spiraling federal debt.CBS News - Jan. 17 -
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.The New York Times - Jan. 17 -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
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U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - Jan. 14 -
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. - Jan. 13 -
Israel, Hamas ceasefire close, but not 100 percent: Israeli official
Efforts to secure a ceasefire between Israel and Hamas and release hostages are close but not yet finalized, an Israeli official told The Hill on Monday, after Reuters reported Qatar has handed a ...The Hill - Jan. 13 -
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. - Jan. 13 -
Plymouth to host Liverpool in FA Cup fourth round
Championship side Plymouth Argyle are drawn at home to eight-time winners Liverpool in the FA Cup fourth round.BBC News - Jan. 12 -
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 - Jan. 12 -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - Jan. 12 -
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. - Jan. 10 -
Timeline shows warnings escalated quickly as L.A. fire danger grew
CBS News examined public statements and warnings to trace how authorities sounded the alarm about the L.A. fires as conditions worsened. Here's what we know.CBS News - Jan. 10 -
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 - 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 -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - Jan. 10 -
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 - Jan. 10 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Fulham thrash Watford to progress to fourth round
Premier League Fulham begin their FA Cup campaign with a dominant 4-1 victory against second-tier Watford to seal a fourth-round spot.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 -
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. - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
By the Fourth Date, Certain About Forever
Jasmine Bolton and Junior West, who met on the dating app Hinge, spent their fourth date at a friend’s wedding. The event sparked a desire for their own future nuptials.The New York Times - Jan. 7 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
Djokovic ousted by Opelka in Brisbane quarters
Novak Djokovic was beaten 7-6 (6), 6-3 by big-serving Reilly Opelka in the Brisbane International quarterfinals on Friday.ESPN - 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 -
Djokovic and Sabalenka through to Brisbane quarters
Novak Djokovic will face Reilly Opelka for the first time after reaching the Brisbane International quarter-finals.Yahoo Sports - Jan. 2 -
The 73 Percent Solution
Whenever someone agrees wholeheartedly with something I write, I die a little inside.The New York Times - Jan. 1
