Discount Retailer Big Lots Declares Bankruptcy Citing Inflation
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Meta goes ‘MAGA’: Facebook adjusts fact-checking approach as Zuckerberg touts ‘free expression’ and cites ‘cultural tipping point’
“We’re going to work with President[-elect] Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Meta CEO Mark Zuckerberg said.MarketWatch - Jan. 7 -
‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.MarketWatch - Jan. 7 -
Haberman: Trump complaining Musk is 'around a lot'
The New York Times’s Maggie Haberman said President-elect Trump is complaining that tech billionaire Elon Musk is “around a lot.” “Trump does complain a bit to people about how Musk is around a ...The Hill - Jan. 7 -
Euro zone inflation rose to 2.4% in December, meeting expectations
Economists polled by Reuters forecast a reading of 2.4%, up from 2.2% in November.CNBC - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
December sales provide little cheer for retailers
Black Friday boosted monthly sales, but overall 2024 was a lacklustre year for retail, figures show.BBC News - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Canada's Justin Trudeau cites 'internal battles' as he ends nine-year run
In power since 2015, Trudeau said he would resign after a new leader of his Liberal Party is chosen.BBC News - Jan. 6 -
Trump cites tariffs in call to merge Canada, US
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...The Hill - Jan. 6 -
John Wick: Titans Of Cult Steelbook Collector's Edition Discounted At Amazon
John Wick: Titans of Cult Steelbook (4K Blu-ray) $53.49 (was ...GameSpot - Jan. 6 -
Don't make this investing mistake going into the Trump years, says strategist: 'A lot of investors who think this is easy' are wrong
You may have an idea which stocks will do well under the upcoming Trump administration. But a look at the data shows that the market often bucks expectations.CNBC - Jan. 6 -
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 -
German inflation rate climbs to 2.6% in December
Yahoo News - Jan. 6 -
Germany to release inflation estimate for 2024
Yahoo News - Jan. 6 -
Mike Evans: Getting 11th straight 1,000-yard season, tying Jerry Rice means a lot
Buccaneers quarterback Baker Mayfield talked about how much he wanted to get wide receiver Mike Evans to 1,000 receiving yards heading into Sunday's game against the Saints, but it looked like the ...Yahoo Sports - Jan. 5 -
Trump policies will likely have ‘modest’ effect on inflation, Bernanke says
The economic policies outlined by the incoming Trump administration won’t cause a radical shift in inflation, former Federal Reserve Chairman Ben Bernanke said Saturday.MarketWatch - Jan. 5 -
Remembering Jimmy Carter: "He really meant a lot to people around here"
The state funeral began Saturday in Georgia for former President Jimmy Carter, who died last week at the age of 100. Mark Strassmann reports from Carter's hometown of Plains.CBS News - Jan. 5 -
Fortnite Lego Sets Launch At Major Retailers, Including Amazon And Walmart
Lego Fortnite Battle Bus (954 Pieces) ...GameSpot - Jan. 5 -
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that might just become essentials in your everyday life. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns ...CBS News - Jan. 4 -
Biden blocks U.S. Steel takeover by Japan's Nippon Steel, citing national security
U.S. Steel's stock opened down more than 7% in trading Friday following the president's announcement.CNBC - Jan. 3 -
Scalise cites DEI initiatives in law enforcement while discussing New Orleans attack
House Majority Leader Rep. Steve Scalise (R-La.) cited diversity, equity and inclusion (DEI) initiatives that he says have blurred the focus of law enforcement agents hired to keep the country safe ...The Hill - Jan. 3 -
Apple offers rare iPhone discounts in China as foreign smartphone sales drop
Apple Inc. has kicked off the new year with iPhone discounts in China, underlining the challenges facing the tech giant in one of the world’s most populous countries.MarketWatch - Jan. 3 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Apple offers holiday discount in China as Huawei competition heats up
Apple is facing heightened competition from a resurgent Huawei and other domestic brands.CNBC - Jan. 3 -
Milroe, Campbell leave Bama, declare for draft
Alabama quarterback Jalen Milroe and linebacker Jihaad Campbell each declared for the NFL draft Thursday.ESPN - Jan. 3 -
Trump has made a lot of Day One promises. Which will he keep?
Way up on his list of Day One priorities is his promise to begin rounding up and deporting immigrants who snuck into this country — and those who committed serious crimes would be the first to go.The Hill - Jan. 3 -
Our best and worst stocks in 2024 actually had a lot in common
AI spending, the Federal Reserve's easing campaign and Donald Trump's election victory were key themes for the market and our stocks in 2024.CNBC - Jan. 3 -
U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns
The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.The New York Times - Jan. 2 -
‘Extraordinary longevity’: great whales can live a lot longer than we thought – if we leave them alone
Bowhead whales may not be the only species that can live to 200 years old. Researchers have found that the industrial hunting of great whales has masked the ability of these underwater giants to ...The Guardian - Jan. 2 -
Alibaba sells stake in Chinese hypermarket operator at steep discount
Sun Art deal is ecommerce group’s second major divestment of bricks-and-mortar assets in less than a monthFinancial Times - Jan. 2 -
Big Rockets, a Big Telescope and Big Changes in Space Await in 2025
Here are some key events to look forward to in space and astronomy in the year ahead.The New York Times - Jan. 1 -
Green-Energy Firms' Pitch to Trump: You're Going to Need a Lot of Power
Instead of touting projects as “clean and affordable,” renewables firms are highlighting their projects’ ability to meet energy needs.The Wall Street Journal - Jan. 1 -
Eight years, three league titles and lots of money: how Oscar made a success of China stay
The Brazilian, in contrast to many other players, embraced living in China with his family and will be sorely missed. In November, Shanghai Port celebrated a third Chinese Super League (CSL) title ...The Guardian - Jan. 1
