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China targets 'around 5%' growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at "around 5%" as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.CNBC - 1d -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - Feb. 27 -
Hong Kong stock exchange posts record profits after China stimulus
Listings and trading fees jumped in 2024 after Beijing’s moves to boost marketsFinancial Times - Feb. 27 -
PlayStation Lays Off More Developers
PlayStation has conducted another round of layoffs, this time impacting the Visual Arts team as well its Malaysian studios.. Several now-former employees of PlayStation have taken to LinkedIn to ...GameSpot - 21h -
China’s growth goal will need much stronger stimulus if U.S. trade war intensifies, economists say
Economists say that Beijing may hold off on major stimulus measures until later in the year if growth slows or trade tensions escalate further.CNBC - 5h -
Bonus season: how does yours measure up?
Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school feesFinancial Times - Feb. 21 -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
Sanders reintroducing measure increasing Social Security benefits
Sen. Bernie Sanders (I-Vt.) is reintroducing a measure that would increase Social Security benefits. Sanders is joined by Sen. Elizabeth Warren (D-Mass.) and Reps. Jan Schakowsky (D-Ill.) and Val ...The Hill - 6d -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 5d -
Trump Uses Lies to Lay the Groundwork for Radical Change
Condoms for Gaza? Ukraine started the war with Russia? The president’s manipulations of the truth lay the groundwork for radical change.The New York Times - Feb. 23 -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - Feb. 24 -
Data centre operator CoreWeave lays groundwork for IPO
Executives have met with investors this week to test waters on an offering that could value the company at $35bnFinancial Times - 6d -
Key Republican lays out ideas for FEMA reform
Rep. Dale Strong (R-Ala.) outlined several possible ideas for overhauling the Federal Emergency Management Agency (FEMA) during a House hearing on Tuesday. Strong, the chair of the emergency ...The Hill - 1d -
Are socially distanced chickens laying more affordable eggs?
Pasture-raised hens aren’t any more immune to bird flu, and their premium eggs aren’t getting cheaper. But prices have held steady while conventional egg costs explode.NBC News - 17h -
Game Developers Fear Anti-Trans Measures Could Hit Their Industry Next
As companies like Meta, Google, and Amazon follow President Trump’s moves to roll back diversity initiatives, trans and genderqueer devs worry their already struggling industry could follow suit.Wired - Feb. 21 -
US drives Ukraine war measure through UN with Russian backing
Security Council resolution calling for ‘swift end’ to conflict deals further blow to western unityFinancial Times - Feb. 24 -
US breaks with UN and G7 allies over Ukraine war measures
Also in today’s newsletter, Trump says 25% tariffs on Canada and Mexico will go ahead next week as plannedFinancial Times - Feb. 25 -
Lawmakers in 9 states propose measures to undermine same-sex marriage rights
Lawmakers in at least nine states have introduced measures in their current legislative sessions that attempt to chip away at same-sex couples’ right to marriage.NBC News - Feb. 25 -
Murkowski joins Democrats supporting measure granting protections to Ukrainians in US
Sen. Lisa Murkowski (R-Alaska) joined Democrats on Thursday to support a measure that would grant Ukrainians in the U.S. temporary guest status, allowing them to stay in the country until ...The Hill - 6d -
Republicans block measure condemning Trump administration vote on UN Russia resolution
Senate Republicans on Thursday objected to an effort by Democrats to condemn the Trump administration's decision to vote against a United Nations resolution laying blame for the war in Ukraine at ...The Hill - 6d -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 5d -
Trump on 'clean' stopgap funding measure: 'Let's get it done!'
President Trump on Thursday threw his support behind advancing a "clean" stopgap funding measure, urging Congress to move his legislative agenda forward with a continuing resolution. "As usual, ...The Hill - 5d -
Fed's favorite core inflation measure hits 2.6% in January, as expected
The PCE price index was expected to show an annual inflation rate of 2.5% in January.CNBC - 5d -
Why this spot-on consumer-confidence measure should concern stock-market bulls
What current consumer-sentiment readings really mean for stocks.MarketWatch - 5d -
EU leaders prepare 'concrete' measures on defense financing, sources say
The EU is expected to announce "concrete" measures on boosting defense financing this week, sources said, as Europe and the U.S. clash over support for Ukraine.CNBC - 3d -
GOP rep introduces measure putting Trump's face on $100 bill
First-term GOP Rep. Brandon Gill (Texas) has introduced a measure that would require all $100 bills to have President Trump’s face on them. The legislation, titled the Golden Age Act of 2025, ...The Hill - 2d -
House GOP pursues stopgap measure to avoid government shutdown
House Republicans are pursuing a stopgap measure to keep the government funded through September, with just 10 days left to head off a shutdown.CBS News - 16h -
Liverpool must conquer profligacy if they are to lay down a title marker
Arne Slot’s side have spurned chances and need to restore scoring touch in time for Manchester City on Sunday . The path to Munich suddenly looks more complicated for Liverpool , with Paris ...The Guardian - Feb. 22 -
Keir Starmer lays down Ukraine peace demand ahead of Trump talks
Kyiv ‘must be at the heart of negotiations’ says PM as foreign secretary announces new Russia sanctions. Keir Starmer has raised the stakes before a crucial meeting in Washington with the US ...The Guardian - Feb. 22 -
Alex Carey’s acrobatics lay foundation for Josh Inglis’ fireworks | James Wallace
A pair of stunning catches to dismiss dangerous England batters helped set Australia up for making record run chase. Catches win matches? Well, they certainly help set them up. Alex Carey’s brace ...The Guardian - Feb. 22 -
The Papers: 'PM lays down peace demand' and 'New breed of danger dog'
A mix of stories lead Sunday's papers, with a focus of the prime minister's upcoming trip to the US.BBC News - Feb. 23 -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol said Monday.NBC News - Feb. 24 -
Starbucks to lay off 1,100 corporate workers as sales sag
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.CNBC - Feb. 24 -
Starbucks is laying off 1,100 workers and cutting drinks from its menu
Starbucks said the layoffs and slimmed down menu will help stores operate more efficiently.CBS News - Feb. 24 -
Starbucks to lay off 1,100 employees and cut drinks from its menu
Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...CBS News - Feb. 25 -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - Feb. 25 -
New York Public Radio to Lay Off About 7% of Staff
The elimination of 21 full-time roles is the latest in a series of reductions at the organization.The New York Times - Feb. 25 -
Trump lays out Ukraine minerals deal ahead of Zelensky meeting
President Trump on Thursday offered more details about the mineral agreement the U.S. is set to sign with Ukraine, arguing it would allow America to recoup aid provided to Kyiv, while boosting ...The Hill - 6d -
Israel’s Military Lays Out Its Oct. 7 Hamas Attack Failures
The highly anticipated public findings, the first from its internal inquiries into the devastating Hamas-led attack, do not apportion individual responsibility, though officials said that may come ...The New York Times - 6d