Latest in US economy grew 2.8 percent in 2024, but slowed to end year
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Apple’s Revenue Increases 4 Percent Despite Slowing iPhone Sales
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.The New York Times - 2h -
Gaming M&A and financing deals grew 39% in 2024 | Drake Star
Gaming mergers and acquisitions (M&A) and financings in 2024 grew 39% to $27.3 billion in disclosed deal value across over 967 transactions, according to a report by Drake Star Partners. That’s a ...VentureBeat - 11h -
US economy grew at 2.3% rate in fourth quarter
Figure comes after Fed chair Jay Powell said there was no hurry to cut interest ratesFinancial Times - 11h -
10-, 30-year Treasury yields end at 2025’s lowest levels amid slowing growth
Yields on U.S. government debt finished slightly lower on Thursday, as traders focused on data that showed economic growth slowing in the U.S. and stalling in three European countries at the end of ...MarketWatch - 5h -
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy heads into uncertain territory. Gross domestic product (GDP) growth slowed ...The Hill - 10h -
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.The New York Times - 10h -
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy on strong footing as the Biden administration handed off to the Trump ...MarketWatch - 11h -
India’s Modi faces budget challenge as economy slows
Finance minister under pressure to revive growth while maintaining fiscal disciplineFinancial Times - 1d -
85 percent of Greenlanders don't want to be part of US: Survey
A large majority of residents in Greenland are against President Trump's wish to acquire the island territory, according to a new survey published Wednesday. The Verian poll, conducted for Danish ...The Hill - 1d -
Global hotel chains bet on cheaper end of market as Chinese economy slows
Hyatt, IHG and Radisson are expanding in China but shifting focus to more cost-conscious travellersFinancial Times - 2d -
Perplexity offers updated bid for TikTok, allowing 50 percent US government stake
Perplexity AI has submitted an updated proposal to merge with TikTok that would allow the U.S. government to take a 50 percent stake in the newly formed company, a source familiar confirmed to The ...The Hill - 3d -
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Industrial growth, the stock market and the rupee are sinking, and most consumers earn too little to buoy them, stymieing India’s drive to become a developed economy.The New York Times - Jan. 21 -
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 economy starts the year in solid shape. Now it's in Trump's hands.
Trump inherits a solid economy as the stunning rebound from the Covid pandemic wasn’t enough to keep a Democrat in the White House.NBC News - 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 -
Has Trump promised too much on US economy?
He won the election partly to fix inflation but Trump may find his pledges on prices and tariffs conflict, say experts.BBC News - Jan. 18 -
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 -
Alexandra Turvey named 2024 NCAA Woman of the Year
Alexandra Turvey, a 21-time All-American swimmer from Pomona College, is honored with the 2024 NCAA Woman of the Year Award. Turvey joins "CBS Mornings Plus" for her first interview since receiving ...CBS News - Jan. 16 -
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.MarketWatch - Jan. 16 -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - Jan. 16 -
Germany’s Economy Shrank in 2024. Politicians Vow to Revive It.
Candidates in the upcoming federal election are focused on lowering taxes and increasing public spending.The New York Times - Jan. 15 -
Disney wins the 2024 box office as year-end receipts offer a welcome boost
Full-year ticket sales were down just 3.4% from 2023, reaching $8.74 billion, a far cry from the nearly 27% shortage seen at the midway point of 2024.CNBC - Jan. 15 -
FirstFT: Germany’s economy contracts for second straight year
Also in today’s newsletter, South Korea’s impeached president is arrested and powerful Wall Street dealmaker joins OpenAI boardFinancial Times - Jan. 15 -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - Jan. 15 -
Goldman’s Solomon says US economy in a ‘fragile place’
Wall Street bank’s chief expects deregulation under Trump to spur business investment but urges cautionFinancial Times - Jan. 14 -
‘I read 35 books this year!’: the Guardian readers who cut their phone use in 2024
It’s been a year since we launched the Reclaim Your Brain newsletter, so we reached out to subscribers to see how they’re doing. Haven’t signed up yet? Start your free, five-week plan to reduce ...The Guardian - Jan. 13 -
2024 was hottest year on record for world’s land and oceans, US scientists confirm
Noaa says last year was the warmest since records began in 1850 and Nasa concurs: ‘The long-term trends are very clear’. It was the hottest year ever recorded for the world’s lands and oceans in ...The Guardian - 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 -
Labor Market Ends 2024 With a Bang
Surprisingly, employers added 256,000 jobs in December 2024, and unemployment ticked down.Inc. - Jan. 10 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - Jan. 7 -
Record year for wind power in 2024
Wind provided more electricity than ever last year across England, Wales and Scotland.BBC News - 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 -
US Congress certifies Trump’s 2024 electoral win
Certification comes four years after Republican’s supporters staged violent attack on CapitolFinancial Times - Jan. 6 -
Fantasy Football: These ended up being the worst draft picks of 2024
Kate Magdziuk identifies the worst picks in every round of 2024 fantasy football drafts.Yahoo Sports - Jan. 2 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
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 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2