Latest in U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
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U.S. Transfers $20 Billion Loan to Ukraine Backed by Russian Assets
The economic lifeline ensures that Ukraine will have economic support after President-elect Donald J. Trump takes office.The New York Times - 1d -
Stellantis to extend stoppage at Mirafiori plant until Jan. 20, union says
Stellantis will extend the stoppage of car production at its Italian Mirafiori plant by a further two weeks, until Jan. 20, the head of the FIOM-Cgil trade union at the site said on Thursday. ...Yahoo Sports - 34m -
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U.S. overdose deaths fell nearly 17% in 1-year period, CDC says
Members of the Biden White House celebrated the report but said there's still more work to be done to further reduce overdose deaths.CBS News - 14h -
How mass deportations could devastate the U.S. economy
President-elect Donald Trump plans to deport up to 11 million undocumented immigrants. But how much will it cost? Jeremy Robbins, executive director for the American Immigration Council, joins ...CBS News - 1d -
Biden touts economic legacy, says Trump will inherit a strong economy
President Biden touted his economic record during a speech on Tuesday, despite high prices being a key factor in President-elect Donald Trump's win. CBS News political correspondent Caitlin ...CBS News - 1d -
Economists have 'really had it wrong' about recession, market strategist says
David Zervos of Jefferies and Barbara Doran, CEO of BD8 Capital Partners, weigh in on the likelihood of more Fed rate cuts to come at CNBC's FA Summit.CNBC - 1d -
If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says
President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.CNBC - 1d -
Growing number of U.S. adults lack literacy skills, survey shows
The share of adults with literacy skills at the lowest measured levels increased, according to the National Center for Education Statistics’ Survey of Adult Skills.NBC News - 1d -
Blake Treinen re-signs with Dodgers: Dominant reliever agrees to two-year, $22 million deal to return to L.A.
The 36-year-old Treinen is staying with the Dodgers after posting a 1.93 ERA last seasonCBS Sports - 1d -
Surprise RBI governor pick signals India may cut rates as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.CNBC - 1d -
Polygamous sect leader with 20 "wives" sentenced to 50 years
A polygamist leader in Arizona has been sentenced to 50 years in prison.CBS News - 2d -
'Low-hire, low-fire': The U.S. job market is stagnant right now, economists say
The labor market is not nearly as dynamic as it was in 2021 and 2022. That provides both good and bad news for workers.CNBC - 2d -
TikTok says ban would cost U.S. small businesses, creators $1.3 billion in first month
TikTok says the economic harm from a law signed by President Joe Biden would grow if the Supreme Court does not overturn it.CNBC - 2d -
TikTok says ban would cost U.S. small businesses and creators $1.3B in first month
TikTok in a court filing Monday warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in just one month if the popular app is effectively shut ...NBC News - 2d -
Morning Report — What’s next in Syria; Trump’s Jan. 20 plans
In today’s issue: The stunning weekend collapse of Bashar Assad’s regime in Syria marked a “fundamental act of justice,” President Biden said on Sunday. The Assad regime’s end came after a 10-day ...The Hill - 2d -
Scottie Scheffler ends dominant year with Hero World Challenge success
World No 1 surges to six-shot victory in the Bahamas Tom Kim second as Scheffler earns ninth win of 2024 Another Scottie Scheffler procession. The world No 1’s year ended in fitting fashion, ...The Guardian - 3d -
Chi-Chi’s Plans Comeback More than 20 Years After Bankruptcy
Chi-Chi’s bankruptcy filing two decades ago coincided with a hepatitis A outbreak.Inc. - 3d -
If McGregor fights it will be sometime next year - White
UFC president Dana White says if Conor McGregor fights again in the promotion it "will be sometime next year".Yahoo Sports - 3d -
Why TikTok Faces a U.S. Ban, and What’s Next?
The short-form video app lost a challenge to a law that will ban TikTok in the United States if its owner, ByteDance, does not sell to a non-Chinese company. It has pledged to appeal to the Supreme ...The New York Times - 5d -
Google’s CEO Says Search Will Change ‘Profoundly’ Next Year
Google is one of the pillars of the internet, so it’s time to pay attention when Sundar Pichai predicts an upheaval.Inc. - 5d -
Patriots' Jerod Mayo says 'I still have a lot to learn,' will '100 percent' be a better coach next year
Mayo is reflecting on his first year so far, as the Patriots sit at 3-10CBS Sports - 5d -
Risk of Iran Building Nuclear Weapons Grows, U.S. Intelligence Says
A report warns that public debate in Iran over deterrence risks “emboldening” nuclear weapons advocates there.The Wall Street Journal - 5d -
U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - 5d -
The Growing Cost of Making C.E.O.s Safe
The tragic killing of UnitedHealthCare’s Brian Thompson has spurred companies to ratchet up security for their most senior executives.The New York Times - 5d -
U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - 5d -
As Steve Kerr Steps Down, Who Will Lead U.S. Basketball Next?
There are two top candidates to coach the men’s national team, a columnist for The Athletic writes.The New York Times - 6d -
Jobless claims show extremely low layoffs amid sturdy U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...MarketWatch - 6d -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - 6d -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - 6d -
Chipotle Mexican Grill Ups Prices as Ingredients Costs Grow
Chipotle cites rising cost of items like beef and avocados for the inflated prices.Inc. - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Head of Democratic Caucus says thin House margins make attendance vital next year
The head of the House Democratic Caucus is sending an early message to his troops heading into the 119th Congress: Attendance will be crucial given the razor-tight margins in the lower chamber. ...The Hill - Dec. 4 -
NFC North teams dominating at a rate that hasn't been seen in the NFL in nearly 40 years entering Week 14
The Lions, Vikings and Packers are all Super Bowl contendersCBS Sports - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Ashley Benefield, ex-ballerina convicted of killing husband, is sentenced to 20 years
A former ballerina who was convicted of manslaughter in what she claimed was the self-defense killing of her estranged husband was sentenced Tuesday to 20 years in prison.NBC News - Dec. 3 -
Chelsea can 'dominate English football' in next decade - Maresca
Chelsea manager Enzo Maresca has no doubts about the quality of his players, but the Italian thinks this season is too early to talk about winning the Premier League title.BBC News - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3
