Latest in Economy Starts Year
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The economy starts the year in solid shape. Now it's in Trump's hands.
Trump inherits a solid economy as the stunning rebound from the Covid pandemic wasn’t enough to keep a Democrat in the White House.NBC News - 8h -
China’s population falls for a third straight year, posing challenges for its government and economy
China’s population fell last year for the third straight year, its government said Friday, pointing to further demographic challenges for the world’s second most populous nation.NBC News - 3d -
China Says Economy Grew 5% Last Year, Driven by Exports
Analysts say they see signs of malaise in China’s domestic economy, but those problems were offset mainly by robust exports and a $1 trillion trade surplus.The New York Times - 3d -
Biden says 'red states really screwed up' in handling their economies during Covid years
The president also said in his interview with MSNBC that he "almost spent too much time on the policy and not enough time on the politics" of programs he signed into law.NBC News - 3d -
Zeldin highlights importance of protecting environment and the economy
Lee Zeldin, President-elect Trump's pick to run the Environmental Protection Agency, focused his opening statement on the importance of protecting the environment, human health and the U.S. economy ...NBC News - 4d -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - 4d -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 4d -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 4d -
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 - 4d -
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 - 5d -
German economy shrinks for second consecutive year
Europe’s largest economy contracted by 0.2% in 2024Financial Times - 5d -
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 - 6d -
From worst to first: Last year’s stock-market laggards see strong start to 2025
The U.S. stock market has been turned on its head in the early days of January.MarketWatch - 6d -
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 -
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 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.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 -
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 -
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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 -
U.S. to roll out 'Cyber Trust Mark' label on secure devices starting this year
The U.S. will begin rolling out a program to label certain internet-connected products as meeting a basic cybersecurity standard.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 -
The economy grew rapidly in the past 2 years. Can it keep it up under Trump 2.0?
The economy has grown rapidly in the past two years and companies hope to get another lift from a business-friendly Trump White House — but stiffer headwinds could clip the sails of the U.S. in 2025.MarketWatch - Jan. 7 -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - Jan. 6 -
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Congestion pricing in NYC starts after years of turmoil
The countdown to congestion pricing in New York City is over. Drivers now must pay a toll to enter Manhattan south of 60th Street.CBS News - Jan. 5 -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Jan. 4 -
Twin New Year's attacks mark grim start to 2025
The deadly New Year's attack in New Orleans and the Cybertruck blast in Las Vegas just hours later marked a grim and uneasy start to 2025. Jim Axelrod takes a look at how the nation is handling the ...CBS News - Jan. 2 -
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 -
NBA MVP Rankings: The top 5 contenders in the award race at the start of the new year
A lot has changed since the last time we checked in on the MVP race.Yahoo Sports - Jan. 2 -
Tim Ferris Does This 60-Minute Exercise to Start Each New Year and So Should You
A past year review can help you do more of what you love and less of what you hate in the coming year.Inc. - Jan. 2 -
NBA power rankings 2024-25: New Year's resolutions for every team, starting with the Thunder at No. 1
Cleveland remains second but the Knicks are now in the top three.Yahoo Sports - Jan. 1 -
For a fresh start, forget New Year’s resolutions: ‘There is a better way'—this practical 3-step plan can turn 'wishes into reality'
"Despite our best intentions, many of us struggle to see New Year's resolutions through," says UX researcher Ximena Vengoechea. "There is a better way."CNBC - Jan. 1 -
Half of Puerto Rico starts the new year in the dark after massive power outage
Puerto Rico suffered the latest in a string of widespread power outages Tuesday that at one point had nearly 1.3 million businesses or homes — most of the island — in the dark.NBC News - Jan. 1