Latest in Economy Grows 2.3
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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 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - Jan. 10 -
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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 -
New York City’s Economy Surged in 2024. A Trump Shake-Up Looms.
The city has made up much of the ground it lost amid the coronavirus pandemic. Donald J. Trump’s return to the White House could upend that recovery.The New York Times - Jan. 9 -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
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 -
Altium in Economy 4.0: Connecting Electronics Production for Accelerated Innovation
Altium and Renesas are enabling the drive toward Economy 4.0 ─ the digitized, interconnected, and automated economy that integrates data, AI, and the Internet of Things ─ by connecting and ...CBS News - Jan. 9 -
Truss lawyers tell Starmer to stop saying she ‘crashed the economy’
Legal letter warns prime minister to ‘cease and desist’ from claims about her brief tenureFinancial Times - 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 -
Robots haven't taken over yet, but AI investments are powering more of the economy
Firms are pledging billions of dollars toward building out artificial intelligence networks. But jobs from that spending may be hard to come by.NBC News - Jan. 8 -
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 -
The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - 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 -
Biden Left Us With a ‘Prius Economy.’ It’s Time for Something Different.
Climate impacts are fueling the cost-of-living crisis, especially for the poor and working class.The New York Times - 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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Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
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 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - 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 -
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 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - 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