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Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 5h -
Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - 7h -
Morning Report — Gaza ceasefire: Will it last?
Editor's note: This report has been updated to correct the name of the outgoing CIA director. In today’s issue: Gaza ceasefire: Will it last? Fifteen months of fighting in Gaza is poised to end ...The Hill - 10h -
Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.CNBC - 1d -
Norovirus wave now more than double last year's peak, in CDC's data
Officials have blamed a new strain for this winter's surge in norovirus cases.CBS News - 2d -
Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - 2d -
Macy’s stock slides as retailer warns Q4 sales could be weaker than expected
Macy’s gave its fourth-quarter update just days after announcing a slate of store closures.MarketWatch - 3d -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - 3d -
Israel targets Iran’s ‘last proxy’
With Hamas and Hizbollah humbled, Yemen’s Houthi militants style themselves as the final bastion of anti-Israel resistanceFinancial Times - 3d -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - 3d -
TikTok’s last dance in the US
Plus, Joe Biden leaves the White House, Wall Street banks report earnings, and confidential MI5 files are made publicFinancial Times - 4d -
Boeing production in 2024 expected to be less than half of rival Airbus
US planemaker may have delivered 340 aircraft compared with 766 of European group, analysis suggests. Boeing is expected to confirm it made less than half of the aircraft of its rival Airbus in ...The Guardian - 4d -
Why Trump’s tariffs may bring worse-than-expected price hikes to consumer electronics
As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for ...MarketWatch - 5d -
Stock market plunges after better-than-expected December jobs report
The Labor Department reported Friday that 265,000 jobs were added to the U.S. economy in December, which was roughly 100,000 more than expected. The unemployment rate also fell to 4.1%. CBS News ...CBS News - 5d -
Last year was hottest on record: NOAA
Last year was the hottest ever recorded, according to data from the National Oceanic and Atmospheric Administration (NOAA) released Friday. In 2024, Earth overall saw its highest global temperature ...The Hill - 6d -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - 6d -
U.S. payrolls grew by 256,000 in December, much more than expected; unemployment rate falls to 4.1%
Nonfarm payrolls were expected to increase by 155,000 in December, according to the Dow Jones consensus forecast.CNBC - 6d -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - 6d -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - 6d -
Biden to give last foreign policy address Monday
President Biden will deliver an address on his foreign policy legacy on Monday, a senior administration official previewed. The speech will focus on his administration’s work to strengthen ...The Hill - 6d -
Last Year’s Hiring Announcements Lowest Since 2015
One firm said that the hiring announcement could be indicative of uncertain economic conditions.Inc. - 6d -
Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.The New York Times - Jan. 9 -
TikTok’s Last Stand Before Supreme Court Looms
The video platform app’s fate is bound up in collision of free speech and national security, which will be debated in a hearing that starts Friday.Inc. - Jan. 9 -
‘The Last Showgirl’ Review: Pamela Anderson Is Dazzling
The actress stars as a dancer at a Las Vegas revue on its last fishnet leg in Gia Coppola’s sensitive and beguiling film.The New York Times - Jan. 9 -
Private sector companies added 122,000 jobs in December, less than expected, ADP says
Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.CNBC - Jan. 8 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - Jan. 7 -
Lions expect Montgomery to be ready for playoffs
Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...ESPN - Jan. 7 -
The UN says more than 5,600 people were killed in Haiti last year as gangs rampage
Officials say more than 5,600 people were reported killed in Haiti last year as a U.N.-backed mission led by Kenya struggles to contain rampant gang violenceABC News - Jan. 7 -
Yahoo Sports AM: TGL is here at last
In today's edition: TGL explained, NDSU wins FCS title, Mike Evans matches Jerry Rice, athletes vs. the elements, Padres family fight, Jerry Jones can act, and more.Yahoo Sports - Jan. 7 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
On the Run, a Hit Man Gives One Last Confession
Edgar Matobato says he killed again and again for former President Rodrigo Duterte of the Philippines. Now he’s trying to stay alive to testify.The New York Times - Jan. 6 -
Telemedicine for Seniors Gets a Last-Minute Reprieve
Some older Americans have come to depend on virtual consultations with doctors, covered by Medicare. To keep that option in the future, Congress will have to act quickly.The New York Times - Jan. 5 -
Oilers Announce Last Minute Lineup Changes
The Edmonton Oilers made a surprise change right before playing the Seattle Kraken.Yahoo Sports - Jan. 5 -
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Salah on Liverpool future: 'My last year at the club'
Liverpool forward Mohamed Salah reaffirmed that this will be his last season at the Merseyside club as negotiations have stalled over a new contract.ESPN - Jan. 4 -
These ETF strategies were big winners last year. What to expect in 2025.
Investors piled more than $1.1 trillion into the U.S. ETF universe in 2024, with total assets reaching a record of at least $10 trillion.MarketWatch - Jan. 4 -
Blinken heads to Asia, Europe on last expected trip as top US diplomat
Secretary of State Antony Blinken will embark on what is expected to be his final overseas trip in office this weekend, traveling to South Korea, Japan and FranceABC News - Jan. 3 -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - Jan. 3 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2 -
5 Books for Building Lasting Professional Relationships
Level up your leadership skills through deeper, more effective communication and connection with colleagues.Inc. - Jan. 1