Latest in Forecast Weak Chinese
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Weak China retail sales add to pressure on Beijing to lift economy
Consumption rises less than forecast in November, highlighting why leadership made it the top economic concernFinancial Times - 9h -
U.S. oil prices drop nearly 1% on weak Chinese retail-sales data
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ...MarketWatch - 2h -
Australia lowers tax revenue forecast on weak Chinese economy
Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demandFinancial Times - 12h -
Snow and ice storms forecast across West Coast, Midwest
Winter storm warnings are in place for the Sierra Nevada until 10 p.m. Saturday, where 6 to 24 inches of snow are possible.ABC News - 1d -
Democrats and Republicans condemn espionage-driven Chinese hack
Ongoing infiltration by Salt Typhoon group has hit US telecoms companies and Trump, Vance and Harris. Democrats and Republicans have come together in a rare moment of unity to condemn an ...The Guardian - 2d -
Power Rankings: Despite weak schedule, don't underestimate unbeaten LSU
The top three remain the same, Texas drops five spots and LSU and Maryland are on the rise.ESPN - 3d -
Bundesbank slashes growth forecast and sounds alarm over trade war
Europe’s largest economy could be pushed into recession by Trump tariffs, central bank warnsFinancial Times - 3d -
Broadcom’s stock soars as earnings call offers a bold AI forecast
The chip maker booked 220% growth in AI semiconductor revenue for the latest fiscal year — and sees future AI sales far greater than that $12.2 billion sum.MarketWatch - 3d -
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Biden doubles tariffs on Chinese solar panel components
The Biden administration will double tariffs on certain solar panel components that are made in China, it announced Wednesday. Starting in January, imports of Chinese solar wafers and polysilicon ...The Hill - 4d -
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Biden to hit Chinese cleantech imports with more tariffs
Parting shot at geopolitical rival is effort to shelter US manufacturers from green-energy powerhouseFinancial Times - 5d -
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Oracle shares slide on earnings and revenue miss, disappointing forecast
Oracle shares fell Tuesday morning after the database software company issued disappointing quarterly results.CNBC - 5d -
China's exports slow, imports decline in November, falling below forecasts
China’s exports slowed in November and its imports declined, falling below forecasts and underscoring potential weakness in trade at a time when its leaders are striving to boost domestic business ...ABC News - 6d -
MongoDB rallies on upbeat forecast, helped by momentum from new business
Shares of MongoDB Inc. jumped after hours on Thursday after the data development, storage and management platform raised its full-year outlook, as it attracts new business and invests in upgrades ...MarketWatch - 6d -
Young forecaster's Hurricane Helene reports credited with saving lives
Ethan Clark, a 22-year-old self-taught forecaster, received one of North Carolina's highest civilian honors for his reporting during Hurricane Helene. CBS News contributor David Begnaud has the story.CBS News - 6d -
Syria’s rebels had strengths, but it was his regime’s weakness that undid Assad | Jason Burke
Corruption and incompetence in the army and successful outreach by the rebels left the troops with little to fight for. Middle East crisis – live updates When the rebels finally reached Bashar ...The Guardian - Dec. 8 -
Indonesia chases the return of ‘bonanza-era’ Chinese tourism
China’s economic malaise, however, means its people have been slower to join the global wave of post-pandemic ‘revenge travel’. In the laneways of Ubud, three older Chinese women are laughing as ...The Guardian - Dec. 7 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
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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 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
Balfour Beatty Forecasts Earnings Beat
Balfour Beatty said it was on track to deliver earnings growth ahead of market forecasts this year, and that it planned further share buybacks in 2025.The Wall Street Journal - Dec. 5 -
Britain forecast to reach peak gasoline this year in landmark moment for electric vehicles
Britain is forecast to hit "peak petrol" in 2024, according to a new report, with EVs on track to assume a much bigger share of the country's car market.CNBC - Dec. 5 -
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Shares of American Eagle plunge 13% as company issues weak holiday guidance
American Eagle issued weak holiday guidance after reporting its third sales miss in a row.CNBC - Dec. 4 -
More Arctic Cold and Deep Snow Is Forecast. A Day-by-Day Look
Here’s a day-by-day look at the winter weather forecast this week.The New York Times - Dec. 4 -
Google DeepMind hits new milestone in AI weather forecasting
GenCast tool outperforms traditional methods on predictions up to 15 daysFinancial Times - Dec. 4 -
Google Introduces A.I. Agent That Aces 15-Day Weather Forecasts
GenCast, from the company’s DeepMind division, outperformed the world’s best predictions of deadly storms as well as everyday weather.The New York Times - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
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Centrica Delays Nuclear Plants Closure, Boosts Output Forecasts
The British Gas owner said two of the power stations are now expected to generate electricity until March 2027, one year later than previously expected.The Wall Street Journal - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Stephen A. Smith slams Biden for 'weak, pathetic explanation' of Hunter pardon
Sports commentator Stephen A. Smith criticized President Biden for the way he explained his decision to pardon his son Hunter Biden's gun and tax charges. While Smith seemed to understand why ...The Hill - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
World leaders failed to focus on a permanent solution to the Israeli-Palestinian conflict and risk making the same mistake again, the departing United Nations’ envoy in the region says.The New York Times - Dec. 3 -
Kittle identifies 49ers' two biggest weaknesses this season
49ers tight end George Kittle revealed San Francisco's two biggest weaknesses during the team's rocky 2024 NFL season.Yahoo Sports - Dec. 2