Economic Growth Remains Solid Shrugging Off Recession Fears
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Huawei shrugs off US sanctions with fastest growth in four years
Revenue at Chinese telecom rose 10% as net profit more than doubles. Chinese telecoms firm Huawei grew faster in 2023 than it has for four years, as it shrugged off the impact of US sanctions.. Revenues rose by nearly 10% to 704.2bn yuan (£77bn) ...The Guardian - World -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues
Reddit's post-IPO rally continues, despite the company receiving a hold rating from a prominent analyst.CNBC - Business -
Xi tells US CEOs China’s growth prospects remain ‘bright’
Beijing seeks to revive investor confidence as concerns mount about oversupply and potential dumpingFinancial Times - Business - China -
Baltimore bridge collapse poses little threat to U.S. economic growth, experts say
President Joe Biden said he expects the federal government to cover the cost of rebuilding the Francis Scott Key Bridge.CNBC - Business -
UK pension rules risk ‘finishing off’ remaining defined-benefit plans, MPs warn
Commons committee calls on government and regulator to change tack over where retirement schemes can investFinancial Times - Business - United Kingdom -
Revised figures confirm UK ended 2023 in recession
Official data shows the economy contracted during the last two quarters of last year.BBC News - Top stories - United Kingdom -
UK Confirmed in Recession at End of 2023
U.K. gross domestic product shrank 0.3% between October and December, with the economy hit by high inflation and interest rates that stifled household spending.The Wall Street Journal - World - United Kingdom -
Forecasts for German economy see stagnation, or recession, in 2024
Yahoo News - World -
China’s ‘battery king’ dismisses solid-state EV commercialisation as years away
CATL chief Robin Zeng says much-vaunted tech for electric vehicles is impractical and unsafeFinancial Times - World - China -
Oil ends higher, with U.S. prices up 16% for the quarter
Oil futures settled higher Thursday for the first time in three sessions to tally a solid gain for the quarter and a third straight monthly climb.MarketWatch - Business -
Economic impact of Baltimore bridge collapse
Operations at the Port of Baltimore were halted after the Francis Scott Key Bridge collapsed Tuesday. The collapse will impact shipping routes and trade in the region. David Lynch, a global economics correspondent for the Washington Post, joins ...CBS News - Top stories -
Ukraine aid in limbo as Congress begins two-week recess
Speaker Mike Johnson is expected to turn the House's attention to addressing supplemental funding for U.S. allies, including Ukraine, when the chamber returns. But the path forward for the speaker is treacherous.CBS News - Politics - Ukraine -
Official data confirms UK economy slipped into recession last year
Figures offer little cheer to Rishi Sunak as his Conservative party trails heavily in opinion pollsFinancial Times - World - United Kingdom -
Supply chain fears after crash
The Francis Scott Key Bridge, which collapsed on Tuesday, spanned the ninth-busiest port in the US.BBC News - Top stories -
A President We Don't Have to Fear
‘Meek’ is far from the worst leadership style.The Wall Street Journal - World -
Hunt: We'll keep 'triple lock' on pension increases if we win election
Chancellor Jeremy Hunt says it's an expensive commitment but one his party is confident it can deliver.BBC News - Top stories -
Sizing Up the Economic Impact of the Baltimore Bridge Collapse
With vessel traffic suspended at the Port of Baltimore, companies that transport cars and coal are looking for alternatives.The Wall Street Journal - Business -
Economic fallout from Key Bridge collapse
In addition to the human toll, the collapse of the Francis Scott Key Bridge will also send ripples throughout the economy far beyond Baltimore. The crumpled bridge is now blocking a key waterway for shipping routes. Ramy Inocencio has more.CBS News - Top stories -
Biden vs. Trump: A Choice, Not an Echo, on Economic Policy
The presidential nominees have very different views on climate, taxes, trade, entitlements and labor.The Wall Street Journal - World - Joe Biden -
Nobel prize-winning psychologist Kahneman dies
In his book Thinking, Fast and Slow, the Nobel laureate argues humans act mostly on instinct, not logic.BBC News - Top stories -
Died: Daniel Kahneman, 90, pioneer in behavioral economics.
Died: Daniel Kahneman, 90, pioneer in behavioral economics.The Wall Street Journal - World -
Nikkei Rises 0.5%, Led by Machinery, Real-Estate Stocks
Japanese stocks ended higher, led by machinery and real-estate stocks, after signs of U.S. economic strength and selloffs related to the ex-dividend date on Thursday.The Wall Street Journal - World -
Scotland’s economic potential is blocked by a failing UK
There is a fundamentally different policy consensus north of the border — and different rules applyFinancial Times - World - United Kingdom -
TikTok's American Growth Is Already Stalling
As it battles lawmakers’ efforts to force a sale or ban, the app is facing business challenges and stronger competition.The Wall Street Journal - Tech - Tiktok -
Master the Millionaire Mindset for Business Growth
Use this to overcome challenges and achieve your ultimate goals.Inc. - Business -
Five ways US growth accelerates
And more on the UK equity discountFinancial Times - World -
China Industrial Profits Return to Growth
China’s industrial profits returned to growth at the start of the year, adding to signs that the world’s second-largest economy is on stronger footing.The Wall Street Journal - World - China -
German Consumer Mood Improves, Uncertainty Remains
German consumer confidence improved slightly, according to the latest GfK reading, but the overall mood remained sluggish, as doubts about the economy continue.The Wall Street Journal - World - Germany -
As Easter Approaches Egg Prices Remain Exceptionally High
Bird flu, weather and inflation conspire to make consumers shell out more for a basic foodstuff.Inc. - Business -
Dow Industrials Remain Just Below 40000 Milestone
The S&P 500, Dow and Nasdaq struggled for direction, after advancing yesterday.The Wall Street Journal - World -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - World - China -
China Vanke Warns Earnings Could Remain Strained
China Vanke’s earnings could remain strained for some time amid the downturn of the Chinese real-estate market, which the developer said led to a sharp drop in net profit last year.The Wall Street Journal - Business - China -
McCarthy to Johnson: ‘Do not be fearful of a motion to vacate’
Former Rep. Kevin McCarthy (R-Calif.), who was ousted from the Speakership last year, advised Speaker Mike Johnson (R-La.) on Sunday not to be afraid of a motion to vacate. On CBS's "Face the Nation, " McCarthy was asked whether the "chaos" within ...The Hill - Politics -
Obama, Fearing Biden Loss to Trump, Is on the Phone to Strategize
The former president and the current one are now on the same page about Joseph R. Biden Jr.’s political future. It was not always that way.The New York Times - Top stories - Joe Biden -
How to Get Over Your Fear of Flying
Many people are afraid when they get on a plane, and the Alaska Airlines door-plug blowout hasn’t helped. The good news: They have several options to deal with it.The Wall Street Journal - World -
Fear Grows Among Families of Americans Held in Russia
The U.S. considers only two Americans ‘wrongfully detained’ in Russia, but there are more families seeking the might of Washington to bring their loved ones home.The Wall Street Journal - World - Russia -
What is the fear of crossing bridges, and how can it be overcome?
For some people, going over large bridges brings a sense of fear, but help is available.CBS News - Top stories -
Economist Claudia Sahm created one of the most accurate recession predictors. Here’s why she’s getting worried.
Sahm has been calling on the Fed to cut interest rates since December.MarketWatch - Business -
The right way to neutralize China’s unfair economic advantage on climate
China, despite having grown into the world’s second largest economy and largest exporter, is still classified by the United Nations as a developing nation under several important environmental treaties.The Hill - Politics - Climate