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FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
A dawn stand-off, a human wall and a failed arrest: South Korea enters uncharted territory
Yoon Suk Yeol is being investigated for inciting an insurrection, yet police are unable to arrest him.BBC News - Jan. 3 -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York 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 -
Super stand-in Scott Boland steps up again as Australia turn screw on India
India 185; Australia 9-1 on day one of fifth Test at SCG Boland millimetres from hat-trick as he takes 4-31 By now, anyone who watches Test cricket has an idea what kind of person Scott Boland ...The Guardian - Jan. 3 -
Attempt to arrest S Korea president suspended after six-hour stand-off
Yoon Suk Yeol's "refusal of the legal process" is "deeply regrettable", investigators say.BBC News - Jan. 3 -
CNBC Daily Open: New year, old problems for stocks
On the first trading day of the year, all major indexes advanced, but they started tilting down before long. The likely culprit? Rising Treasury yields.CNBC - Jan. 3 -
South Korean officials abandon bid to arrest impeached president after stand-off
Yoon Suk Yeol faces probe into alleged treason and abuse of power over failed attempt to impose martial lawFinancial Times - Jan. 3 -
Lululemon longtime bear is still telling investors to sell the stock
Lululemon Athletica Inc.’s stock slid 2.6% Thursday, after analyst firm Jefferies said it’s still recommending that investors sell the yoga-gear maker’s shares after they hit a second valuation ...MarketWatch - Jan. 3 -
Carvana slammed by Hindenburg, and the stock pauses its meteoric rise
Carvana Co. stock closed about 2% lower on Thursday after a scathing short-seller report called the company’s turnaround a “mirage,” after initially adding to gains that have topped 300% in the ...MarketWatch - Jan. 3 -
Google’s antitrust woes spark analyst downgrade of Alphabet’s stock
JMP Securities cited “the risk of antitrust penalties that could significantly impact Google’s U.S. distribution of search and search revenue.”MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Cheney gets standing ovation as Biden awards Presidential Citizens Medal
President Biden honored former Rep. Liz Cheney (R-Wyo.) and several other Americans Thursday with the Presidential Citizens Medal to recognize their service to the country. Cheney was recognized ...The Hill - Jan. 2 -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
I paid $15,000 for my friend’s live-in boyfriend’s funeral. He was in his 40s and only had $5,000 in the bank. What happens next?
“I understood that, in California, hospitals and funeral homes have to notify the court when someone dies.”MarketWatch - Jan. 2 -
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 -
Musk is standing in the way as Bezos reaches for orbit
Though the Amazon founder has ground to make up, he is unlikely to be short of customers for his space projectFinancial Times - Jan. 2 -
Falcons' Kyle Pitts admits why he launched Michael Penix Jr.'s first NFL touchdown ball into stands
The Falcons were fortunately able to retrieve the ballCBS Sports - Jan. 2 -
Neumora Therapeutics’ stock craters after trial of major depressive disorder fails to meet main goals
The news is a setback for the clinical-stage biotech and a drug that proved successful in earlier trials.MarketWatch - Jan. 2 -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - Jan. 2 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - Jan. 2 -
Unity Software stock is rallying. Roaring Kitty posted a meme. They may or may not be connected.
Unity Software stock is rising after a post from Keith Gill that may or may not have anything to do with the company.MarketWatch - Jan. 2 -
The stock market rarely scores hat tricks. This strategist fears what’s next.
The S&P 500 has managed two consecutive 20%-plus years in a row, but that has rarely led to a third great year, says this strategist.MarketWatch - Jan. 2 -
We're selling this stock for the first time in a year, locking in a nearly 1,000% gain
The last time we trimmed this stock was Jan. 2, 2024.CNBC - Jan. 2 -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - Jan. 2 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial 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 -
Colts' Anthony Richardson says back injury kept him from standing or walking, could be chronic condition
Richardson said a MRI revealed "a disc thing" that "might be chronic."Yahoo Sports - Jan. 1 -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - Jan. 1 -
Colts' Anthony Richardson says he 'couldn't even stand up' due to injury, has battled back issues for years
The second-year quarterback sat out Week 17CBS Sports - Jan. 1 -
Waters stands by viral quote after career night vs. Pelicans
First-year Golden State Warriors forward Lindy Waters III doubled down on his viral "I got a strap on me" quote with NBC Sports Bay Area's Monte Poole on the latest episode of "Dubs Talk."Yahoo Sports - Jan. 1 -
Walgreens and Intel lead list of stocks in the S&P 500 that fell hardest in 2024
At the end of a second consecutive year during which the S&P 500 has risen more than 20%, two things investors need to remember are that time tends to smooth out performance and that the index is ...MarketWatch - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
