Latest in Inflation Hits Eight
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FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
AI Hits a Wall: What This Means for the Tech Industry
AI commercialization is a game of musical chairs and the music has stopped. For now.Inc. - Dec. 5 -
Bitcoin hit $100,000. What’s next?
Predictions from an arcane method popularised in 18th-century FranceFinancial Times - Dec. 5 -
Town hit by Storm Bert flooding still recovering
Chippenham was heavily flooded when the River Avon burst its banks, submerging the town centre.Yahoo Sports - Dec. 5 -
Bitcoin hits $100,000 as Trump era hopes grow
Cryptocurrency has climbed more than 50% since US election on bets president-elect will bring in pro-crypto regulationFinancial Times - Dec. 5 -
Bitcoin price hits $100,000 for the first time
The price of one bitcoin hit $100,000 for the first time Wednesday as demand for the digital currency continued to surge in the wake of an election that saw victories for crypto-friendly candidates ...NBC News - Dec. 5 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
Chinese hackers stole large amounts of Americans’ phone data from eight telecoms, officials say
A Chinese hacking campaign that spied on texts and calls of U.S. citizens is significantly larger than previously known to the public.NBC News - Dec. 4 -
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaign
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaignABC News - Dec. 4 -
Tech stocks hit first all-time high since July
Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players.CNBC - Dec. 4 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.The New York Times - Dec. 4 -
Chipotle says it's raising prices 2% in response to inflation
Chipotle said it's raising its menu prices by 2%, a rare direct admission about the impact of ongoing price increases in the economy on its finances.NBC News - Dec. 4 -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
Three more hospitals hit by cyber attack
Screenshots of data the attackers claim to have taken were published online on Thursday.BBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Whooping cough cases hit record highs across the U.S.
CBS News medical contributor Dr. Celine Gounder joins "CBS Mornings" to discuss the alarming rise in whooping cough cases.CBS News - Dec. 4 -
Frigid temperatures hit Southeast, including recovering Hurricane Helene survivors
Low temperatures are plaguing the Southeast U.S., including in Asheville, North Carolina, where people still displaced by Hurricane Helene faced temperatures in the teens overnight. CBS News' Janet ...CBS News - Dec. 4 -
The positive flipside of rampant inflation
The biggest debt reduction scheme in history?Financial Times - Dec. 4 -
U.S. slams China for hitting Philippine vessels with water cannons
China put "lives at risk" with the "unlawful use of water cannons" against Philippine vessels in the South China Sea, the U.S. ambassador in Manila says.CBS News - Dec. 4 -
Guardiola hits back at claims of De Bruyne rift
Pep Guardiola has hit back at suggestions he is not selecting Kevin De Bruyne because of a rift with the Manchester City midfielder.ESPN - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Why Trump’s tariff threats will hit stocks sooner than you think
Trump’s trade team could be even more hawkish this time around.MarketWatch - Dec. 4 -
Yoon Suk Yeol, the scandal-hit president who declared martial law
Yoon's future is in the balance after he declared martial law and then withdrew it within hours.BBC News - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Al-Shaair suspended 3 games after Lawrence hit
The NFL has suspended Texans LB Azeez Al-Shaair three games for repeated violations of player safety rules after his hit to the head of Jaguars QB Trevor Lawrence.ESPN - Dec. 3 -
Houston player suspended 3 games without pay following violent hit
Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which ...ABC News - Dec. 3 -
Mega Millions jackpot hits $541M: What's the tax bill?
Someone could become a millionaire Tuesday night.The Hill - Dec. 3 -
Texans’ Azeez Al-Shaair suspended three games for violent hit on Lawrence
Texans linebacker suspended three games without pay Al-Shaair was ejected from game for hit on Jaguars QB Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games Tuesday ...The Guardian - Dec. 3 -
Biden’s Christmas present for Trump: Sticky inflation
President Biden's big-spending ways have ensured that the nation's initial progress in inflation reduction is flattening out, keeping inflation rates higher than Federal Reserve Bank officials prefer.The Hill - Dec. 3 -
The Memo: Democrats hit Biden for pardon that they see as gift to Trump
President Biden is facing blowback from his own party for his dramatic Sunday evening pardon of his son, Hunter Biden. A growing chorus of Democrats have raised their voices to object to the ...The Hill - Dec. 3 -
Women: TCU jumps eight spots to No. 9
The new AP Top 25 poll is out for women's college basketball. Here's what's ahead for every team in the rankings.ESPN - Dec. 2 -
Ocasio-Cortez first person to hit a million followers on Bluesky
Rep. Alexandria Ocasio-Cortez (D-N.Y.) is the first person to hit a million followers on the social platform Bluesky, according to the platform. Other than Bluesky’s own account, Ocasio-Cortez’s ...The Hill - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2 -
Airstrikes hit hospitals in Syria’s Idlib region as insurgents fight Assad forces
White Helmets say at least 18 people killed in strikes on five healthcare facilities including maternity hospital. A wave of airstrikes has pummelled hospitals and neighbourhoods in the rebel-held ...The Guardian - Dec. 2 -
Top Fed official warns progress on taming US inflation ‘may be stalling’
Governor Christopher Waller says he still supports a December interest rate cut barring a surprise in the economic dataFinancial Times - Dec. 2 -
Azeez Al-Shaair apologizes for brutal, illegal hit on QB Trevor Lawrence
Azeez Al-Shaair said on X that he didn't see Trevor Lawrence sliding until it was 'too late.'Yahoo Sports - Dec. 2 -
Al-Shaair apologizes to Lawrence after illegal hit on defenseless quarterback
Jaguars quarterback was left concussed after blow Incident led to brawl between Texans and Jags Houston’s Azeez Al-Shaair has apologized to Jacksonville’s Trevor Lawrence after his violent blow ...The Guardian - Dec. 2
