China Announces More Support for Economy But Holds Back on Major Spending Package
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China market reopens for “major” UK producers of “unprocessed” pork
Yahoo News - Dec. 12 -
China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus
Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measuresABC News - Dec. 12 -
Only 16% of holiday shoppers plan to spend more this season because of inflation, CNBC survey shows
Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns.CNBC - Dec. 12 -
City should be more supportive of UK defence sector, says minister
Business secretary Jonathan Reynolds says banks and investors should shrug off ethical concerns about industryFinancial Times - Dec. 12 -
Caitlin Clark Scores Major Style Points in a Custom Prada Gown with a Plunging Neckline - and Open Back!
The basketball star attended a dinner for TIME after the magazine named her "Athlete of the Year"Yahoo Sports - Dec. 12 -
Supporters of Bangladesh Nationalist Party hold protest march as tensions continue with India
Thousands of members of youth and student bodies belonging to the Bangladesh Nationalist Party have marched from the capital toward the country's eastern border with India to protest an attack on a ...ABC News - Dec. 11 -
Americans spend more time living with diseases than rest of world, study shows
American Medical Association finds people in US are sick for an average of 12.4 years, an increase from figure in 2000. Americans spend more time living with diseases than people from other ...The Guardian - Dec. 11 -
Hegseth back on Capitol Hill as Trump Cabinet picks look to build support
President-elect Donald Trump's Cabinet picks appear to be gaining momentum as the seek support for confirmation. Trump's embattled pick for secretary of defense, Pete Hegseth, will be meeting with ...CBS News - Dec. 11 -
Oil scores back-to-back gains on Middle East risks and China demand prospects
U.S. and global benchmark oil futures on Tuesday finished modestly higher, stretching their rise to a second straight session.MarketWatch - Dec. 10 -
Hiring falls more sharply in UK than other major economies
Slowdown in British recruitment unusual because it involves low-wage sectors, according to data from website IndeedFinancial Times - Dec. 10 -
Musk-backed group runs ad pressuring senators to support Hegseth
A group previously backed by tech billionaire Elon Musk is running an advertisement pressuring senators to support President-elect Trump’s pick for Defense secretary, Pete Hegseth. The ad, from ...The Hill - Dec. 9 -
Ro Khanna supports cutting defense spending in Trump's DOGE
Rep. Ro Khanna (D-Calif.) said that there could be “huge bipartisan cooperation” for President-elect Trump’s Department of Government Efficiency (DOGE) committee in the new year — at least when it ...The Hill - Dec. 9 -
China consumer inflation rate drops to a five-month low, missing expectations as economy slows
China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.CNBC - Dec. 9 -
Rams hold off Bills, who take huge step back in race with Chiefs for AFC's No. 1 seed
Josh Allen's six total touchdowns weren't enough to overcome the Rams.Yahoo Sports - Dec. 9 -
Utah football coach Kyle Whittingham issues 2-word message to announce return: 'I'm back'
This past season, Utah's first in the Big 12, was only the third losing campaign of Kyle Whittingham's tenure.Yahoo Sports - Dec. 8 -
Utah coach Kyle Whittingham channels Michael Jordan, announces 'I'm back' for 2025 season
Whittingham's Utes disappointed in their first season as Big 12 members despite preseason hypeCBS Sports - Dec. 8 -
Biden administration announces almost $1 billion in additional weapons support for Ukraine
The Biden administration announced on Saturday nearly $1 million in arms support for Ukraine, the Department of Defense said in a press release. The $988 million assistance package will provide the ...The Hill - Dec. 7 -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - Dec. 6 -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - Dec. 6 -
Watch live: White House holds briefing as pressure grows on Biden for more pardons
White House press secretary Karine Jean-Pierre will brief the press Friday afternoon as pressure grows on President Biden to issue more pardons before January. Biden seemingly reversed course on ...The Hill - Dec. 6 -
China’s Export Ban on Strategic Minerals Could Hit Tech, Wider Economy
Beijing’s curbs on crucial minerals such as gallium, germanium and antimony needed for computer chip and electronics manufacturing could wreak havoc on supply chains.Inc. - Dec. 6 -
UiPath shares drop as Cathie Wood backed software developer holds guidance
UiPath shares fell in premarket trading as the software developer left its guidance unchanged after beating expectations in the third quarterMarketWatch - Dec. 6 -
China's ban on key high-tech materials could have broad impact on industries, economy
China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded ...ABC News - Dec. 6 -
South Korea's governing party head supports suspending Yoon's powers, making impeachment more likely
South Korea’s governing party chief is expressing support for suspending the constitutional powers of President Yoon Suk Yeol for imposing martial law, in a bombshell reversal that makes Yoon’s ...ABC News - Dec. 6 -
NASA announces more delays in sending astronauts back to the moon more than 50 years after Apollo
NASA announces more delays in sending astronauts back to the moon more than 50 years after ApolloABC News - Dec. 5 -
AP's top songs of 2024: 'Texas Hold 'Em,' 'Not Like Us,' 'Igual Que Un Ángel' and more
Associated Press Music Writer Maria Sherman has chosen 10 of the best songs of 2024ABC News - Dec. 5 -
FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
Five Below announces new CEO, shares jump on more upbeat outlook, ‘solid Black Friday’
Shares of Five Below Inc. jumped after hours Wednesday after the teen-centric discount chain raised its full-year outlook, citing an “encouraging” Black Friday weekend as it heads into final weeks ...MarketWatch - Dec. 5 -
Far from a bazooka, China's stimulus measures are just trickling through the economy
China's latest efforts to kickstart growth will take time to play out, data and company earnings show.CNBC - Dec. 4 -
My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?
“Most of those old debts are credit-card debts.”MarketWatch - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
GM takes more than $5bn charge against China businesses
Move lays bare declining future in what was once the US carmaker’s largest marketFinancial Times - Dec. 4 -
Sean Penn backs Biden's pardon of Hunter, urges more
Sean Penn is defending President Biden's pardon of his son, Hunter Biden, saying the "dangerous clown show" that is the incoming Trump administration created a "change of mind and circumstance" for ...The Hill - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Elon Musk’s Tesla pay-package fight is back in the spotlight, but here’s an even bigger issue
With his whopping pay package still tied up in legal limbo, Tesla Chief Executive Elon Musk could begin to push for the controlling stake he once said he wanted in the electric-vehicle maker.MarketWatch - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
China Announces a Ban on Rare Minerals to the U.S.
The move escalates supply chain warfare and comes a day after the Biden administration expanded curbs on the sale of advanced American technology to China.The New York Times - Dec. 3 -
U.S. announces new export controls on China's chip industry
The United States on Monday launched its third crackdown in three years on China’s semiconductor industry, curbing exports to 140 companies.NBC News - Dec. 3 -
Old convictions are holding too many back
Criminal records should be reformed to offer employers a better, fairer way to assess potential hiresFinancial Times - Dec. 3