China S Economy Stumbled Last Year with Covid Lockdowns Hobbling Growth
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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 -
‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.The New York Times - Business -
Why have earnings fallen over the last two years while the economy has grown?
My monthly review of stock market valuation indicatorsMarketWatch - Business -
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 -
Ireland’s economy forecast to return to growth, easing drag on eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.MarketWatch - Business -
Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone
The eurozone economy may be freed of a headwind that enfeebled growth in 2023, with new forecasts pointing to a return to expansion for Ireland, one of the currency area’s smallest but most changeable members.The Wall Street Journal - World -
Will Xi’s manufacturing plan be enough to rescue China’s economy?
The president has won praise for ending a credit boom, but trading partners now fear a flood of cheap exportsFinancial Times - Business - China -
More living people honoured with statues last year
It's the first time this century that this has happened, according to charity Art UK.BBC News - Top stories -
US West hydropower production plunged to 22-year low last year
Hydropower generation in the U.S. West plunged to a 22-year low last year — an 11 percent drop from the year before, according to a new federal data analysis. The total amount produced in the region amounted to 141.5 million megawatt-hours, or ...The Hill - Politics -
China's Xi meets American CEOs in bid to boost confidence in ailing economy
China's President Xi Jinping met with top U.S. executives in Beijing as his government tries to reassure foreign businesses about the economy.NBC News - Top stories - China -
China's economy is on track for 'strong' March performance, survey says
China's economy is ending the first quarter on a "strong" note, according to a business survey published by the China Beige Book on Thursday.CNBC - Business - China -
China’s Plan to Spur Growth: A New Slogan for Building Factories
As China’s leaders promote their strategy, other countries worry about manufacturing overcapacity and plans for more exports.The New York Times - Business - China -
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 -
New H&M chief vows to end years of stagnating sales growth
Retailer has been under pressure from cheaper chains and more expensive competitorsFinancial Times - Business -
The S&P 500 Clinches Best Start to Year Since 2019
Resilient corporate profits, enthusiasm around AI and hopes that the Fed will cut rates have given investors plenty of reasons to keep on buying.The Wall Street Journal - World -
The 25 Most Defining Pieces of Furniture From the Last 100 Years
Three designers, a museum curator, an artist and a design-savvy actress convened at The New York Times to make a list of the most enduring and significant objects for living.The New York Times - Top stories -
Joni Mitchell returns to Spotify two years after boycott over Joe Rogan's COVID-19 'lies'
Joni Mitchell's music returned to Spotify last week, more than two years after she boycotted the streaming giant for platforming 'The Joe Rogan Experience.'Los Angeles Times - Entertainment -
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
Also in today’s newsletter, Sam Bankman-Fried sentencing and the broken market for medicinesFinancial Times - World -
Big tech companies could drive the S&P 500 to 6,000 this year or crash it to 4,500, says Goldman Sachs
Goldman Sachs lays out a scenario for the S&P 500 to hit 6,000 by the end of the year thanks to Big Tech.MarketWatch - Business -
Trail Blazers start 5 rookies vs Nuggets. That's only happened 1 other time in the last 50 years
The Portland Trail Blazers started five rookies Saturday night against Denver, only the second time that has happened since starters were first tracked on NBA box scores more than 50 years agoABC News - Sports -
Jets' Robert Saleh 'excited to attack this season,' achieve what they were meant to accomplish last year
The Jets' season was over before it got started due to Aaron Rodgers' injuryCBS Sports - Sports -
Japan bucks private equity slowdown in Asia Pacific with deal value soaring 183% last year
Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.CNBC - Business -
To make water last year-round, Kenyans in dry regions are building sand dams on seasonal rivers
In drought-prone southeastern Kenya, residents are constructing structures along seasonal rivers to harvest water during rainy seasons for use during dry seasonsABC News - World -
Last chance: My favorite Cuisinart mini food processor is 25% off, but the Amazon sale ends today
Get this tiny yet mighty Cuisinart mini food processor for 25% off at Amazon, while you can.CBS News - Top stories -
MLB baserunners went wild last summer. In Year 2 with new rules, steals could keep piling up
Trea Turner’s speed and instincts helped him go perfect on the basesABC News - Sports - MLB -
MLS referee lockout officially ends: League agrees to seven-year CBA with PRO and PRSA, lasting through 2030
The refereeing union ratified the CBA, ending a lockout that had lasted six matchdaysCBS Sports - Sports - MLS -
These 3 tax rules weren't a big deal last year—now they could cost you thousands, experts say
Don't let taxes rules around savings accounts, cryptocurrency and student loans catch you by surprise this year, experts say.CNBC - Business -
March Madness: TV ratings slightly up over last year despite Sunday's blowouts
The first three days of the NCAA Tournament attracted record ratings, only to see the momentum stifled due to Sunday’s games being blowoutsABC News - Entertainment -
March Madness: First two rounds of women's NCAA tournament easily break last year's attendance records
Iowa's first-round game also drew over 3 million viewers.Yahoo Sports - Sports -
Salary Surge: In-Person Jobs Are Paying Almost 40 Percent More Than Last Year
New data shows that salaries for in-person roles are growing as employers try to compete with hybrid and remote offerings.Inc. - Business -
Xi Jinping sought to reassure American chief executives that China's economy hasn't peaked and that his country is working to improve its business environment.
Xi Jinping sought to reassure American chief executives that China’s economy hasn’t peaked and that his country is working to improve its business environment.The Wall Street Journal - World - China -
A Closing Chapter: Logansport restaurant China Lane closes after 73 years
Yahoo News - World - China -
Apple to launch Vision Pro in China this year, Tim Cook says
Apple will launch its Vision Pro headset in China this year, CEO Tim Cook told Chinese state media.CNBC - Business - China -
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 -
China-made vehicles will make up a quarter of Europe’s EV sales this year
China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, according to a new policy analysis.NBC News - Top stories -
Pandemic Lockdowns Had Varied Effects on Wildlife
A new study of camera-trap images complicates the idea that all wildlife thrived during the Covid lockdowns.The New York Times - Health -
Schools lockdown after litter tool mistaken for gun
Police say reports of an armed man near woodland turned out to be two men picking up litter.BBC News - Top stories -
China releases South Korean soccer star after a nearly 1-year detention over bribery suspicions
Yahoo News - World - China -
China releases South Korean soccer star after a nearly 1-year detention over bribery suspicions
A star South Korean soccer player who was detained and investigated in China for nearly a year over bribery allegations has been released and returned homeABC News - World - China -
China jails sports officials convicted of taking bribes
The former president of the Chinese Football Association has been sentenced to life in prison amid a wide-ranging crackdown on sports corruptionABC News - Sports - China