Latest in US stocks at most expensive relative to bonds since dotcom era
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Tech stocks got slammed because economic data sparked a jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.MarketWatch - Jan. 7 -
Oil futures settle at their highest level since October
Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year with and buoyed by expectations for stronger demand.MarketWatch - Jan. 7 -
Quits sink to lowest level since the height of the pandemic
The number of people quitting their jobs fell in November to the lowest level since the height of the pandemic as the number of job openings popped to its highest level since May — both signs of a ...The Hill - Jan. 7 -
Most in US expect Biden presidency will be viewed negatively: Gallup
Most Americans expect that President Biden’s four-year tenure will be viewed more negatively than positively, according to a new survey. The poll, released Tuesday by Gallup, found that 54 percent ...The Hill - Jan. 7 -
Is the US stock market in bubble territory?
Valuations might be frothy but don’t seem nuttyFinancial Times - Jan. 7 -
The NIL era is ending. It's a seismic shift, even for college's big powers
College football's more professionalized era arrives in July, and powerhouses like the four CFP semifinalists could lose their inherent advantages.Yahoo Sports - Jan. 7 -
The US stock market has never been more concentrated. Does it matter?
World’s biggest game of JengaFinancial Times - Jan. 7 -
Virginia Holds the First Elections of the New Trump Era
Voters are going to the polls on Tuesday in three special elections for the legislature that will serve as barometers of political energy for both parties.The New York Times - Jan. 7 -
Stocks appear ‘rate sensitive once again’ as bond yields press higher
Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.MarketWatch - Jan. 6 -
Paco Ignacio Taibo II: A book-reading advocate in the era of TikTok
The acclaimed novelist and historian runs Mexican government publishing house El Fondo de Cultura Económica.Los Angeles Times - Jan. 6 -
Late Padres owner's widow sues relatives for team control, alleges 'racist, profane and hateful communication'
Sheel Seidler accused Peter Seidler's brothers of 'breaches of fiduciary duty and fraud'CBS Sports - Jan. 6 -
Trudeau's era comes to an end
Yahoo News - Jan. 6 -
Why the Justin Trudeau era has come to an end now
A self-described fighter, Prime Minister Justin Trudeau ignored calls for him to step down - until he couldn't.BBC News - Jan. 6 -
Biden bans new offshore oil and gas drilling along most of US coastline
Action will protect 625mn acres of ocean as outgoing president seeks to bolster environmental legacyFinancial Times - Jan. 6 -
Hailing a Taxi or Uber Will Be More Expensive Under NYC Congestion Pricing Program
Transportation officials want to reduce the number of taxis, Ubers and Lyfts that idle in heavy traffic. To do that, they will charge riders new fees.The New York Times - Jan. 5 -
Hong Kong’s Cabbies, Long Scorned and Frustrated, Face the End of an Era
A government push to modernize taxi services comes up against the habits of drivers known for driving fast and accepting only cash.The New York Times - Jan. 5 -
AI Hardware Is in Its ‘Put Up or Shut Up’ Era
This week at CES, companies of all sizes will show off all their new AI-enabled gadgets. Here’s hoping they don’t all just do stuff your phone already excels at.Wired - Jan. 5 -
US housing supply reaches highest total since 2019: Redfin
Per Redfin, active listings have been rising 0.5% month over month and 12.1% year over year on a seasonally adjusted basis.The Hill - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
These are the space stocks to watch in 2025
After a big year for SpaceX — and one of misfortune for Boeing — here’s what to expect in the new year.MarketWatch - Jan. 4 -
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What Is the Most ‘Perfect’ Achievement in Sports?
From a hole-in-one to a soccer hat trick, every game has its own version of nirvana.The New York Times - Jan. 3 -
US stocks rally to shake off new year jitters amid light trading
S&P 500 ends day 1.3% higher in its biggest rise since the day after Donald Trump’s election victory on November 6Financial Times - Jan. 3 -
John Thune Takes Charge in the Senate, Ushering in a New Leadership Era
The affable traditional conservative from South Dakota is the first new chief of the Senate G.O.P. in nearly two decades. He will confront a challenge managing President-elect Donald J. Trump’s ...The New York Times - Jan. 3 -
Stakt Mat review: The most versatile exercise mat I’ve ever used
I’ve tested the Stakt Mat for over a year — it’s now essential to my yoga, Pilates, barre and strength workouts.NBC News - Jan. 3 -
Jill Biden got most expensive gift from a foreign leader in 2023. Here's what it was
President Joe Biden and his family were given tens of thousands of dollars in gifts from foreign leaders in 2023, according to an annual accounting published by the State Department on Thursday, ...The Hill - Jan. 3 -
WWE begins its Netflix era after years of controversy, drama and ratings
On Monday, WWE "Raw" will stream exclusively on Netflix. The wrestling franchise is hoping for a huge global and multigenerational audience following years of success on TV and drama inside and ...Los Angeles Times - Jan. 3 -
What stocks’ worst stumble since 1952 in the final days of 2024 may mean for 2025
Here’s how the S&P 500 has historically performed annually after stumbling in the final days of a year, according to Bespoke Investment Group.MarketWatch - Jan. 3 -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - Jan. 3 -
Costco has the tools to show its expensive stock is still worth the premium in 2025
Costco's burgeoning revenue streams like advertising and e-commerce may help propel the stock in the new year.CNBC - Jan. 2 -
These airlines were the most on time in 2024
Supply chain issues and strong travel demand continued in 2024.CNBC - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
Florida’s manatees are actually relative newcomers, historical research suggests
State’s beloved but under-pressure sea cows were barely recorded in the area before seas warmed in the late 1700s. Manatees, long considered among Florida ’s most beloved and enchanting ...The Guardian - Jan. 2 -
Ukraine halts flow of Russian gas to Europe, ending an era
A Ukrainian pipeline supplying Russian natural gas to Europe was closed Wednesday after Ukraine declined to renew the deal keeping it open.NBC News - Jan. 2 -
Crypto industry dreams of a golden era under Trump
The sector expects lighter regulation and wider adoption under the president-elect, but some worry about systemic risksFinancial Times - Jan. 2 -
Ethiopia opens first stock market since Emperor Haile Selassie
Prime minister pursues liberal reforms to revive ‘broke’ east African country after two-year civil war and defaultFinancial Times - Jan. 2 -
South Korean investors pile into US equities as domestic stock market languishes
Retail investors expect Trump rally to continue and Tesla is a favourite with Musk praising country’s ‘smart people’Financial Times - Jan. 2 -
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Era of cheap Russian gas to EU ends as transit across Ukraine stops
The EU says most states will not be affected but other European countries, including Moldova, are facing shortages.BBC News - Jan. 1