Latest in Economy Facing Headwinds
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The College Football Playoff Underdogs No Team Wants to Face
If Alabama makes the playoff, watch out for the Crimson Tide.The New York Times - Dec. 6 -
The Big Question: is the US economy exceptional — or overhyped?
Three FT pieces this week explore the soaraway, world-beating success of American business. But can it last?Financial Times - Dec. 6 -
At-home cameras face hacking and safety concerns
At-home security systems are meant to add a layer of protection. But some people claim these devices are actually watching them. CNET cybersecurity and digital privacy writer Bree Fowler joins "The ...CBS News - Dec. 5 -
Collapse of France’s Government Further Burdens Its Weak Economy
Already struggling with flat growth and a large debt and deficit, the country faces a new period of instability without a functioning government or a budget.The New York Times - Dec. 5 -
Volkswagen Faces More Warning Strikes Monday
The latest announcement from the IG Metall union comes days after tens of thousands of workers at Volkswagen sites across Germany participated in walkouts.The Wall Street Journal - Dec. 5 -
Gazans With Disabilities Face ‘Impossible Times’ of Chaos and War
A family fled carrying a 9-year-old girl for hours on their backs. Sisters with visual impairments pleaded for help as Israeli airstrikes fell. “It’s a nightmare,” one wheelchair user said.The New York Times - Dec. 5 -
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 - Dec. 5 -
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 - Dec. 5 -
Italy’s slowing economy raises pressure on Meloni
Statistics agency halves GDP growth for 2024 as parliament adopts first part of next year’s budgetFinancial Times - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - 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 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Economy cools off after election, ISM finds. Businesses anxious about Trump’s economic plans.
Service-oriented companies in the U.S. grew in November at the slowest pace in three months, reflecting uncertainty about how the incoming Trump administration will affect the economy.MarketWatch - Dec. 4 -
GOP’s ambitious budget plan faces internal divisions
Republican senators warn incoming Senate Majority Leader John Thune’s (R-S.D.) ambitious proposal to tackle President-elect Trump’s agenda faces an array of disagreements within their party over ...The Hill - Dec. 4 -
French government on verge of collapse as PM faces vote
Barnier, who was appointed by Emmanuel Macron just three months ago, is widely expected to lose a no-confidence vote.BBC News - Dec. 4 -
How Bangladesh’s Economy Was Siphoned Dry
Bangladesh’s currency was battered by what the new head of the central bank says was the looting of the banks under the deposed prime minister.The New York Times - Dec. 4 -
Broncos, facing deadline, waive WR Reynolds
The Broncos waived veteran wide receiver Josh Reynolds on Tuesday.ESPN - Dec. 4 -
Hegseth faces growing GOP scrutiny as allegations mount
Pete Hegseth, President-elect Trump's embattled pick for Defense secretary, faced growing scrutiny from Republican senators Tuesday after a new set of revelations over the weekend involving ...The Hill - Dec. 3 -
Indiana Jones And The Great Circle Launch Trailer Brings Indy Face-To-Face With His New Enemy
Through the first three Indiana Jones movie, Dr. Henry Jones Jr. never met a Nazi he didn't want to punch in the face. Indy's had rivals in each of his cinematic adventures, and that's a tradition ...GameSpot - Dec. 3 -
Letby was face of hospital campaign, inquiry told
Lucy Letby featured on promotional material and appeared in a newspaper profile, an inquiry hears.BBC News - Dec. 3 -
Barnier to face no-confidence vote on Wednesday
French government likely to fall after just 3 months in office over PM’s attempt to force through budget measuresFinancial Times - Dec. 3 -
Pakistan's Reliance on Chinese-Built Power Plants Is Strangling Its Economy
Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy prices—and its economy is spiraling.The Wall Street Journal - 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 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
French Government Faces No-Confidence Vote Over Budget Bill
Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.The New York Times - Dec. 3 -
World champion Dubois to face Parker in Saudi
Daniel Dubois will defend his world heavyweight title against Joseph Parker in February on a card featuring the Artur Beterbiev v Dmitry Bivol rematch.BBC News - Dec. 3 -
Gazans displaced by war now face threat of winter
Palestinians displaced by the war are living on Gaza's coast, exposing them to harsh winter storms.BBC News - Dec. 3 -
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Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
An extraordinary global economy will require extraordinary agility
Policymakers need to adjust their approaches including through pre-emptive negotiations with the incoming US administrationFinancial Times - Dec. 3 -
French government faces no-confidence vote over Barnier's austerity budget
French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozoneABC News - Dec. 2 -
With election decided, Ireland faces weeks of talks to form a government
Ireland's election is over but the country faces weeks of coalition talks before it gets a new governmentABC News - Dec. 2 -
Amazon's driver program faces criticism over safety issues
The holiday shopping season is now in full swing, with shoppers expected to spend more than $13 billion before Cyber Monday is over. Amazon expects to deliver millions of packages in the next few ...CBS News - Dec. 2 -
Biden faces backlash for granting pardon to son Hunter
Republicans and some Democrats are criticizing President Biden's decision to grant a sweeping pardon to his son Hunter Biden, who was awaiting sentencing on gun and tax charges. Ed O'Keefe has ...CBS News - Dec. 2 -
Ex-House staffer facing charges for unlawful possession of ammunition: Capitol Police
A former House staffer is facing charges for unlawful possession of ammunition after “officers found four ammunition magazines and eleven rounds of ammunition” in his bag at the Cannon House Office ...The Hill - Dec. 2 -
Doc accused of abusing Indiana University basketball players faces competency hearing
The 88-year-old doctor accused of sexually assaulting basketball players in the 1990s has been ordered to appear before a judge Tuesday to determine whether he is competent to be questioned about ...NBC News - Dec. 2 -
How Chairish Made the Circular Economy Work for Secondhand Furniture
The home furnishings marketplace has nailed the formula for scalability in a tricky category.Inc. - Dec. 2 -
Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift
Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.MarketWatch - Dec. 2 -
