China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.
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China steps up defence of renminbi against Wall Street bets
Currency softens over weakness in world’s second-largest economy and fear of Trump tariffsFinancial Times - 10h -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - 2d -
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.MarketWatch - 3d -
China's economy is causing a hangover for spirits giants
Yahoo News - 3d -
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 - 6d -
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 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1
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Maps and pictures chart how fires have spread
Maps and images showing how the fires currently affecting the Los Angeles area are developing.BBC News - 39m -
Henry Zeffman: Market trouble threatens Labour's economic plans
Chancellor Rachel Reeves may have to choose between tax rises and spending cuts, writes Henry Zeffman.BBC News - 3h -
UK borrowing costs rising - what does it mean for me?
Government borrowing costs have hit their highest level for several years - what does it mean for you?BBC News - 2h -
Truss issues legal threat to PM over claim she crashed economy
No 10 insists millions of people share Sir Keir's view of the Truss government's economic record.BBC News - 3h -
How Elon Musk seized on baseless memo claim to fuel wave of misinformation
The X owner shared false claims that a Home Office memo urged police not to intervene in child grooming cases.BBC News - 5h
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N.Y. Prosecutors Urge Supreme Court to Let Trump’s Sentencing Proceed
The Supreme Court is now set to decide whether Donald J. Trump’s sentencing on 34 felony counts should take place on Friday as planned.The New York Times - 9m -
Know the six P's of preparedness if you have to evacuate
If your home is at risk, heed evacuation warnings, prepare and remember the six P's of evacuating – a checklist list of the necessities you should pack.CBS News - 9m -
Before the Palisades Fire, many of its homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - 9m -
‘It Was Biblical’: Ash and Flame Upend Life in Southern California
Wind-whipped wildfire blew through communities of every socioeconomic status and stripe, merging, psychically if not physically, into a kind of mega-catastrophe.The New York Times - 13m -
Fetterman to be first sitting Democratic senator to visit Trump at Mar-a-Lago
Democratic Sen. John Fetterman of Pennsylvania has accepted an invitation from President-elect Donald Trump to meet with him at his Mar-a-Lago estate, multiple sources said.CBS News - 15m