Latest in Economy Grows 2.3
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Los Angeles mayor facing growing backlash over fires
Los Angeles Mayor Karen Bass is facing mounting criticism over her response to the deadly wildfires gripping her city. Some critics say the mayor's decision to travel to Ghana despite fire ...CBS News - Jan. 15 -
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 -
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 -
What Elon Musk’s growing political clout could mean for 2025
Elon Musk, who once largely eschewed politics, now has a political clout of his own to throw around as President-elect Trump heads back to the Oval Office. The tech billionaire has become a driving ...The Hill - 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 -
The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says
Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in ...Wired - Jan. 14 -
FA Cup thriller: Relief for Man United; Arsenal's transfer pressure grows
Man United find respite in the FA Cup, while Arsenal's worries grow about whether they have what it takes.ESPN - Jan. 13 -
Syria flooded with Pepsi and Pringles as rulers open economy
End of Assad-era restrictions on dollars, exorbitant duties and extortion leads to boom in foreign goodsFinancial Times - Jan. 13 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Jamie Dimon on the economy
As chairman and CEO of JPMorgan Chase, the largest bank in America, Jamie Dimon has said he's "cautiously pessimistic" about the economy. He explains to "60 Minutes" correspondent Lesley Stahl how ...CBS News - Jan. 12 -
Russia’s war economy is a house of cards
The financial underpinnings look increasingly fragileFinancial Times - Jan. 12 -
Growing anger over government response to wildfires
There is growing anger and questions over the response to the wildfires. Los Angeles’ Fire Chief even saying budget cuts lead to a lack of resources. NBC News' Ellison Barber reports.NBC News - Jan. 12 -
Fears grow over censorship of secret Queen Elizabeth and Philip papers
Critics flag ‘worrying trend’ of keeping royal files under lock and key as thousands set for release to public. Researchers fear that thousands of government documents about the late queen and ...The Guardian - Jan. 11 -
Is Donald Trump inheriting the best economy in history?
President-elect Trump will enter office with the lowest unemployment rate since Richard Nixon in 1969 — but red flags remain.MarketWatch - Jan. 11 -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - Jan. 10 -
Biden delivers remarks on the economy
Watch live coverage as President Biden delivers remarks on the economy from the White House. This comes as the U.S. economy added 256,000 jobs in December, according to a Bureau of Labor Statistics ...NBC News - Jan. 10 -
Death toll grows in Southern California as fires continue to rage
At least 10 fatalities have been confirmed as several fires continue to rage in the Los Angeles area. Winds appear to be slowing down, but the weather forecast may change in the following days. CBS ...CBS News - Jan. 10 -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - Jan. 10 -
On asphalt we grow: the skateboarders of Ukraine
Amid the devastation in Ukraine, the photojournalist Robin Tutenges has captured how skateboarding provides a vital escape for the country’s young people – an act of resilience and freedom as ...The Guardian - Jan. 10 -
South Africa’s sports minister joins growing calls for boycott of Afghanistan
Afghanistan to feature at upcoming Champions Trophy England and South Africa are in group with Afghanistan South Africa’s sports minister has joined calls for a boycott of Afghanistan in the ...The Guardian - Jan. 9 -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - Jan. 9 -
Biden briefed on California wildfires as blazes grow
Los Angeles Fire Department Chief Kristin Crowley and other officials updated President Biden on the catastrophic wildfires spreading in Los Angeles County. CBS News chief White House correspondent ...CBS News - Jan. 8 -
We're buying more of a newer stock that is wisely pushing into a fast-growing market
We first added the company to our portfolio in October.CNBC - Jan. 8 -
Four fires grow, forcing more than 80,000 evacuations around L.A.
A fire in the Pacific Palisades area of Los Angeles has forced some residents to evacuate amid "life-threatening and destructive" winds.NBC News - Jan. 8 -
At the Movies, the ‘Older Woman’ Is Growing Up
She has been called “cougar,” “Mrs. Robinson” and “your mom.” Now she’s the protagonist, and one of film and television’s most compelling characters.The New York Times - Jan. 8 -
Trump faces growing threat of 'gray zone' warfare
President-elect Trump has made ambitious promises to end Russia’s war in Ukraine and face down China, but he’s also contending with a growing threat of “gray zone” attacks from foreign adversaries, ...The Hill - Jan. 8 -
30,000 residents flee as Palisades Fire grows
Resident Nicolas Libonati said he saw a lot of abandoned cars on the road, and people running toward the coast. "It was kind of a surreal scene," he said.CBS News - Jan. 7 -
L.A. wildfires rapidly grow with worst winds still to come
Powerful winds whip up a fire in the coastal Pacific Palisades neighborhood of Los Angeles, forcing residents to evacuate.NBC News - Jan. 7 -
Developed economies across the globe are abandoning progressive policies
In developed economies, progressive-liberal policy agendas such as open borders, the green energy transition and transgender youth are being rejected by voters, leading to political shifts towards ...The Hill - Jan. 7 -
U.S. records first death from bird flu amid growing concerns
A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...The Hill - Jan. 6 -
Azerbaijani Anger Over Plane Crash Grows, in Deepening Schism With Russia
In the crash’s aftermath, Azerbaijan has unleashed rare and stinging criticism of Russia, with the country’s president saying Moscow’s response has caused “surprise, regret and rightful indignation.”The New York Times - Jan. 6 -
Emmanuel Macron joins growing criticism of Elon Musk in Europe
French president accuses world’s richest man of intervening directly in continent’s democratic processes. Emmanuel Macron has added his voice to a growing chorus of European criticism of Elon Musk, ...The Guardian - Jan. 6 -
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Tesla's Annual Sales Dropped for the First Time—but the EV Industry Keeps Growing
Electric vehicle sales are growing globally overall, despite Tesla's recent slump.Wired - Jan. 4 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Fears Grow of Islamic State's Re-Emergence in Syria
The group is looking to exploit Syria’s uncertain future to rebuild its influence—half a decade after U.S.-led forces broke its hold on swaths of territory and millions of people.The Wall Street Journal - Jan. 2 -
As Marijuana Use Grows, Effect on Road Safety Remains a Blind Spot
Scientists want to create breathalyzers that show how recently a driver used marijuana. Researchers also are studying how cannabis impairs motor skills and reflexes for habitual and occasional users.The New York Times - Jan. 1
