Latest in US manufacturers report fall in orders as growth expectations tumble
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Chinese fishing vessels used North Korean crews in breach of U.N. bans, report says
A fleet of Chinese fishing vessels used North Korean crews from 2019 to 2024 in violation of U.N. bans, and many people were apparently subjected to abuses including being trapped at sea for years, ...NBC News - 6d -
China likely to target US agriculture, state media reports, as Trump tariff deadline nears
Global Times signals Beijing’s likely countermeasure after US president threatened a further 10% duty to come into force on Tuesday. China is preparing countermeasures against fresh US import ...The Guardian - 1d -
US health official quits after reported clashes with RFK Jr over measles
Tom Corry, a top spokesperson at the health and human services department, abruptly resigned on Friday. A top spokesperson for the Department of Health and Human Services has abruptly resigned from ...The Guardian - 10h -
Maryland city offers $20,000 to relocate to former manufacturing hub
Cumberland, Maryland, is one of more than 70 places that have paid people to relocate over the past five years.CBS News - Feb. 24 -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 5d -
USAID freeze slams American manufacturer of item that saves babies' lives
In the weeks since the White House began targeting USAID for closure, services to a variety of life-saving causes have faltered.CBS News - 3d -
February Manufacturing Stays Stable, Though Tariff Storm Looms
The Institute for Supply Management said output remained fairly steady, but tariffs on raw materials threaten U.S. growth.Inc. - 15h -
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
Royal Caribbean was the hardest hit.CNBC - Feb. 20 -
AppLovin’s stock tumbles as short sellers team up to stoke the bear case
The ad-tech stock is heading for its longest losing streak in more than two years. But it’s still up more than fivefold in the past year.MarketWatch - 5d -
Tesla’s Tumbling European Sales Could Foreshadow Trouble Domestically
The EV maker’s sales fell 45 percent amid CEO Elon Musk’s ongoing involvement in political affairs in the U.S. and abroad.Inc. - 5d -
Stocks tumble after Trump says long-threatened tariffs are coming
Investors dumped stocks on Wall Street late Monday after President Donald Trump said his threatened tariffs on Canada and Mexico would go forward as planned early Tuesday.NBC News - 10h -
Reject the quiet life — there is no growth without competition
The UK government should learn from the sorry history of cartels and monopoliesFinancial Times - Feb. 24 -
EU struggles to balance its green and growth goals
New policy package makes clear compromises in pursuit of economic growthFinancial Times - 3d -
Agencies grapple with Musk order
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Agencies grapple with responding to Musk order The Office of Personnel Management ...The Hill - Feb. 24 -
Paramount skids to a loss but says merger expected to close in first half as expected
Paramount Global Inc. swung to a loss in the fourth quarter despite marked growth in its streaming service, as the company said it was still on target to close its merger with Skydance in the first ...MarketWatch - 5d -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - 5d -
Sources: Popovich not expected back this season
Spurs Hall of Fame coach Gregg Popovich is not expected to return this season, and his NBA future is uncertain as he recovers from a stroke suffered in November, sources told ESPN's Shams Charania.ESPN - Feb. 23 -
House budget resolution vote expected
The House of Representatives is expected to vote on a budget plan that would extend cuts to several parts of government spending. CBS News' Taurean Small reports.CBS News - 6d -
Warning of economic uncertainty as Walmart stocks tumble after retailer lowers sales outlook
CBS News MoneyWatch correspondent Kelly O'Grady joins "CBS Mornings" to analyze a possible sign that the economy could slip back this year due to lower consumer spending. Walmart's yearly sales ...CBS News - Feb. 21 -
Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage
Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortageCNBC - Feb. 21 -
Hims & Hers shares tumble after company misses on margin, says may stop selling some weight loss drugs
Hims & Hers Health reported fourth-quarter results on Monday that beat analysts' expectations, but the stock sank in extended trading.CNBC - Feb. 24 -
AppLovin shares tumble as short sellers question its centerpiece AXON ad software
Short seller Fuzzy Panda alleged that the AXON model was "the nexus of a House of Cards" built on fraudulent advertising tactics.CNBC - 5d -
Bitcoin tumbles 9%, reversing most of the rally from Trump's crypto reserve announcement
Cryptocurrencies rallied over the weekend after President Donald Trump teased new details about the highly anticipated strategic bitcoin reserve.CNBC - 10h -
Walmart Racks Up Sales Record but Sees Slower Growth Ahead
The retail giant continues to attract shoppers from across the income spectrum, but faces headwinds from stubborn inflation and the risk of tariffs.The New York Times - Feb. 20 -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - Feb. 20 -
Kontoor Brands CEO describes growth plans for new acquisition
In a Thursday interview with CNBC's Jim Cramer, Kontoor Brands CEO Scott Baxter discussed the apparel company's new acquisition.CNBC - Feb. 21 -
Beijing embraces DeepSeek to lead AI adoption as it looks for new growth drivers
DeepSeek's rise came as a timely confidence boost as the Chinese leadership faces a prolonged economic gloom and a brewing trade war with U.S.CNBC - Feb. 21 -
As consumer delinquencies rise, U.S. economic growth increasingly powered by the wealthy
Most official data continues to show the U.S. economy is humming along, with unemployment historically low and inflation expectations still relatively stable.NBC News - Feb. 22 -
Planet Fitness shares stumble as outlook points to slower earnings growth
Planet Fitness’ stock falls as the full-year earnings growth outlook disappoints.MarketWatch - 6d -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - 6d -
Rightmove pushes for growth as web traffic bump signals property revival
Property listings group says house-hunters spent 1bn more minutes on its site last yearFinancial Times - 3d -
Rocket Lab’s outlook disappoints, but SpaceX-style growth is still ahead: analyst
KeyBanc Capital Markets believes Rocket Lab’s long-term-growth prospects are still strong.MarketWatch - 3d -
Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation's gross domestic product (GDP) of 1.5 percent in the first quarter, flashing a warning sign for the U.S. economy. The ...The Hill - 3d -
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.CNBC - 3d -
10 dividend stocks for investors who also want growth
These companies have attractive dividend yields, and analysts expect them to show high growth rates for revenue and profits through 2026.MarketWatch - 15h -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - Feb. 21 -
Why 'Severance' would fall flat with the American workforce
While there’s no polling data asking about whether we’d be willing to become “severed,” don’t expect Americans to clamor for it any time soon.The Hill - Feb. 21 -
Why ‘Trump regime refugees’ are falling in love with Madrid
Americans are finding a haven in Spain where their spending power goes a long wayFinancial Times - Feb. 22 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23