Latest in U.s Economy May
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Biden rejects U.S. Steel-Nippon Steel deal
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.CBS News - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
By blaming Biden for the New Orleans attack, Trump may be setting himself up for failure
Trump has blamed Biden for the attack in New Orleans. But the president-elect risks facing similar criticism if an attack happens while he is in the White House.NBC News - Jan. 3 -
House speaker election looks tricky. It may spark doubts over ‘whether Congress can achieve anything market-friendly.’
The U.S. House of Representatives may again struggle to pick a speaker, and one veteran analyst is warning that a protracted election process wouldn’t bode well for market-moving matters that ...MarketWatch - Jan. 3 -
What stocks’ worst stumble since 1952 in the final days of 2024 may mean for 2025
Here’s how the S&P 500 has historically performed annually after stumbling in the final days of a year, according to Bespoke Investment Group.MarketWatch - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
Jimmy Carter's body will lie in state at U.S. Capitol
Memorial services honoring former President Jimmy Carter begin this weekend. His body will lie in state at the U.S. Capitol starting Tuesday following a public viewing in Atlanta, Georgia. CBS ...CBS News - Jan. 2 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
Bailey Zappe to start in Browns Week 18 matchup vs. Ravens, Dorian-Thompson Robinson may also see time
Zappe is 4-4 in his career as a starterCBS Sports - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 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 -
Unity Software stock is rallying. Roaring Kitty posted a meme. They may or may not be connected.
Unity Software stock is rising after a post from Keith Gill that may or may not have anything to do with the company.MarketWatch - Jan. 2 -
Jobless claims drop to 8-month low to end 2024. Low U.S. unemployment fuels economy.
The number of people who applied for unemployment benefits after Christmas fell to an eight-month low, capping off a year of remarkably low layoffs in a surprising resilient U.S. economy.MarketWatch - Jan. 2 -
New Orleans Airbnb rental may be tied to deadly attack: Louisiana attorney general
Louisiana Attorney General Liz Murrill said a New Orleans Airbnb rental may be tied to the deadly attack on Bourbon Street in the early hours of New Year's Day. Shamsud-Din Jabbar, a 42-year-old ...The Hill - Jan. 2 -
Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.CNBC - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
With a playoff blowout of Oregon, Ohio State proves it's moved past the Michigan loss — and may be at the peak of its powers
That Ohio State is one of college football’s last four standing is equal parts predictable and surreal. After all, it was barely a month ago that the Buckeyes endured a loss that rocked the program ...Yahoo Sports - Jan. 2 -
The attack was the deadliest in the U.S. in more than a year.
Less than a month ago, New York State authorities charged Luigi Mangione with an act of terrorism in the killing of a health care executive in a shooting in Midtown Manhattan.The New York Times - Jan. 1 -
Why law enforcement thinks New Orleans truck attacker may have had help
The FBI says the driver is not believed to be "solely responsible" for the early New Year's Day truck attack on New Orleans' Bourbon Street. CBS News' Samantha Vinograd and Nicole Sganga have more.CBS News - Jan. 1 -
Truck in New Orleans attack may not have belonged to suspect
The truck used in the deadly attack on New Year's revelers early Wednesday in New Orleans may not have belonged to the suspect. CBS News national security contributor Samantha Vinograd has more.CBS News - Jan. 1 -
U.S. beats Canada, wins group at world juniors
The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.ESPN - Jan. 1 -
FBI disrupts alleged plot against pro-Israel U.S. group
Authorities said the Florida man arrested in the alleged plot had three firearms, including an AR-style rifle, with him when law enforcement stopped the vehicle he was in.CBS News - Jan. 1 -
Diet and exercise strategies that may lower your 'biological age'
New Year’s resolutions to eat healthier or exercise more might have the added benefit of helping to reduce one's “biological age,” some recent research suggests.NBC News - Jan. 1 -
Fresh wiring may finally power up English devolution
New mayoral planning abilities could drive growth but cause political pain — while funding remains another blockerFinancial Times - Jan. 1 -
Quitting smoking may be easier with a smartwatch app, researchers say
Motion-sensor software sent alerts to prevent lighting up at most vulnerable moments for those trying to quit. Smartwatches could be used to help people quit smoking, a study suggests.. Researchers ...The Guardian - Jan. 1 -
Experts from U.S. join South Korea plane crash probe
Experts from the National Transportation Safety Board, Federal Aviation Administration and Boeing joined the probe into the South Korea plane crash that killed all but two of the 181 people on ...CBS News - Dec. 31