China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.
Read more at The New York Times
-
Moderna stock plunges nearly 17% after company lowers 2025 sales forecast by $1 billion
Moderna now expects 2025 revenue to come in between $1.5 billion and $2.5 billion, most of which will come in the second half of the year.CNBC - 15h -
2025 CFP National Championship game odds, Notre Dame vs. Ohio State expert picks: Parlay returns nearly 3-1
Thomas Casale has locked in his 2025 College Football Playoff National Championship game picks for Ohio State Buckeyes vs. Notre Dame Fighting Irish on Jan. 20CBS Sports - 1d -
China’s trade surplus hits annual record of almost $1tn
Rise in exports expected to increase tensions with US and other trade partnersFinancial Times - 1d -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - 1d -
Rams-Vikings Relocation Nearly Unprecedented in NFL History
Ultimately, the NFL had no choice. On Thursday, as multiple fires continued to burn across Los Angeles, the league announced it would move Monday night’s wild card game between the Los Angeles Rams ...Yahoo Sports - 3d -
Biden extends legal status of nearly 1 million immigrants
The Biden administration announced it would extend the temporary legal status of nearly 1 million immigrants from El Salvador, Sudan, Ukraine and Venezuela.CBS News - 3d -
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant otherFinancial Times - 4d -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - 4d -
2024-25 College Football Playoff odds, semifinals picks, best bets from expert: CFB parlay returns nearly 3-1
Thomas Casale has reviewed the College Football Playoff bracket and locked in his best bets for the 2025 CFP semifinalsCBS Sports - 4d -
Diffbot’s AI model doesn’t guess — it knows, thanks to a trillion-fact knowledge graph
Diffbot challenges AI giants with a breakthrough open-source language model that outperforms ChatGPT and Google Gemini by prioritizing real-time fact retrieval over large-scale parameters, marking ...VentureBeat - 4d -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - 4d -
How business is bracing for a US-China trade war
President-elect Trump talked tough on tariffs on his way to securing a resounding win for Republicans in November, and now businesses are preparing for a trade war that could eclipse the one that ...The Hill - 5d -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - 5d -
Report: Giants reach 1-year, $15 million deal with 9-time All-Star Justin Verlander
The three-time Cy Young winner will turn 42 in February.Yahoo Sports - 6d -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - 6d -
Germany raises record €18.5 billion in carbon emissions trading
Yahoo News - 6d -
Death toll in Mount Everest earthquake reaches 95
Yahoo News - Jan. 7 -
Demonstrators block a key Pakistan-China trade route over power outages
Officials say hundreds of protesters angered by power outages have blocked a key road in northern PakistanABC News - Jan. 7 -
Demonstrators block a key Pakistan-China trade route over power outages
Yahoo News - Jan. 7 -
The Tips trade
And a question for readers on manufacturingFinancial Times - Jan. 7 -
Pentagon Reaches Settlement With Veterans Dismissed Over Sexuality
The agreement, if approved by a judge, would let former service members upgrade their discharge status and receive benefits they had been denied.The New York Times - Jan. 7 -
Disney, Fubo reach merger agreement
Disney and Fubo have reached an agreement to merge, the companies announced Monday, signaling a victory for the entertainment giant in the world of sports streaming. Fubo, a platform that offers a ...The Hill - Jan. 6 -
Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla faces fresh threats as Chinese automakers double down on domestic market in the face of hefty export tariffs in the U.S. and European Union.CNBC - Jan. 6 -
No. 1 Tennessee ties school-record 14-0 start with 76-52 win over Arkansas
The Vols will stay No. 1, setting a program record for most consecutive weeks atop the AP men's basketball poll.Yahoo Sports - Jan. 4 -
E-commerce giants jump on China's latest trade-in programme amid heated competition
Yahoo News - Jan. 4 -
5 truths about the Sixers with trade deadline nearly 1 month away
With just over a month until the trade deadline, here's what we've learned about the Sixers and the decisions ahead for Daryl Morey.Yahoo Sports - Jan. 4 -
Notre Dame Reaches the College Football Playoff Semifinals
Stellar defense from the Fighting Irish helped secure a 23-10 victory over Georgia and a date with Penn State in the Orange Bowl on Jan. 9.The New York Times - Jan. 3 -
Irish shut down Georgia to reach CFP semifinals
Carried by its defense and special teams, Notre Dame made enough big plays to topple No. 2 Georgia 23-10 in the Sugar Bowl and reach the semifinals of the College Football Playoff.ESPN - 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 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2 -
Musk is standing in the way as Bezos reaches for orbit
Though the Amazon founder has ground to make up, he is unlikely to be short of customers for his space projectFinancial Times - Jan. 2 -
China’s Zhangzhou nuclear plant Unit 1 begins commercial operations
Yahoo News - Jan. 2 -
1/1: CBS Evening News
New Orleans attack under investigation after driver slams into crowd, killing at least 15; Cybertruck explosion outside Trump Hotel in Las Vegas investigated as possible terror attackCBS News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
A sharp rise in mortgage interest rates took its toll on mortgage demand, hitting just as the housing market entered its typically slowest stretch of the year.NBC News - Jan. 2 -
Mortgage demand dives nearly 22% to end 2024
Rising mortgage interest rates collided with the slowest month of the year for sales.CNBC - Jan. 2 -
China’s electric-vehicle leader BYD posts record sales in 2024
Bigger companies beat targets as intense competition rocks world’s biggest car marketFinancial Times - Jan. 2 -
2025: The Year Commercial Space Reaches Even Higher?
Space is open for business, and with a entrepreneur astronaut tapped to lead NASA, the promise of startups and small private space companies may be a hallmark of 2025. And, of course, giant rockets.Inc. - Jan. 2 -
Djokovic beats Monfils to reach Brisbane quarters
Novak Djokovic will face Reilly Opelka for the first time after reaching the Brisbane International quarter-finals.BBC News - Jan. 2 -
Shipowners switch to smaller vessels as world trade reroutes from China
Attacks on Red Sea ships have also hit demand for bulkiest carriersFinancial Times - Jan. 2
More from The New York Times
-
Can the Only Grocery Store in a Rural Michigan Town Stay Independent?
The owners of Honor Family Market are ready to retire. A buyer would face the tight margins of a small business and competition against the giant chains and discount stores.The New York Times - 2h -
News Outlets Take Unusual Steps to Prepare for Onslaught From Trump
Media organizations are preparing for what they fear will be a legal and political onslaught from the new administration.The New York Times - 14h -
How the NFL Moved the Vikings-Rams Playoff Game Away From the L.A. Fires
Monday night’s game in Arizona between the Los Angeles Rams and the Minnesota Vikings is the first time the league has relocated a postseason game since 1936.The New York Times - 10h -
Robinhood to Pay $45 Million Fine to Settle SEC Charges
The upstart brokerage agreed to pay the Securities and Exchange Commission for failing to protect sensitive customer data, among other infractions.The New York Times - 12h -
How Unauthorized Immigrants Help Finance Social Security Benefits
Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.The New York Times - 21h
More in Business
-
Trump risks repeating Biden’s biggest blunders on the Fed, immigration and China
Trump’s policies, taken to the extreme, threaten U.S. growth, corporate profits and the stock market.MarketWatch - 30m -
French auditor recommends EDF delays UK Sizewell investment decision
State body says nuclear energy group should ensure international projects do not delay domestic programmeFinancial Times - 33m -
Take Control of Your Story, Even as You Make the Ultimate Exit
Attending a friend’s funeral reminded me of the importance of maintaining connections, and not letting other people do the talking for you.Inc. - 34m -
These two-dozen value stocks are poised to lead the stock market
Investors are realizing that they no longer can count on lower interest rates and inflation to support higher stock and bond prices.MarketWatch - 35m -
Oil prices pull back after hitting 4-month highs on Russia sanctions
Oil futures pulled back Tuesday, giving back some ground after a three-day rally boosted by a new round of U.S. sanctions on Russia’s oil industry lifted crude prices to four-month highs.MarketWatch - 41m