FirstFT: US corporate bankruptcies hit 14-year high

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  'Music is back' as sales hit a 20-year high

  Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.
  
  BBC News - 1h
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  US corporate bankruptcies hit 14-year high as interest rates take toll

  Consumer companies such as Party City hit by persistent inflation and weak spending
  
  Financial Times - 23h
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  Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running

  The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...
  
  The Hill - 3d
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  U.S. Car Sales Hit a Five-Year High in 2024

  Years of effort ironed out supply chain problems, eliminated shortages, but lower interest rates made the difference in the return to pre-pandemic sales levels.
  
  Inc. - 4d
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  Editors at Science Journal Resign En Masse Over Bad Use of AI, High Fees

  Members of the Elsevier-published Journal of Human Evolution quit, citing AI production processes introducing errors, high author fees, and concerns over editorial independence.
  
  Wired - 5d

• U.S. dollar index hits more than two-year high as markets brace for Trump return

  Optimism around the U.S. economy was in focus as markets reopened following disrupted trade over Christmas and the New Year's holiday.
  
  CNBC - 5d
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  Wholesale gas price hits highest level in 14 months after Russian supplies stop

  Transit agreement with Ukraine expires as storage supply levels in Europe fall at fastest rate since 2021. Business live – latest updates The wholesale price of gas has risen to its highest ...
  
  The Guardian - 5d

• NBA Power Rankings: Celtics and Clippers riding high into the new year

  Our NBA insiders break down this week's Power Rankings and where all 30 teams stand heading into 2025.
  
  ESPN - 5d
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  Cruise ship stomach bug illnesses hit 12-year high: CDC

  Cruise ships saw the highest number of stomach bug illnesses since 2012 with 16 outbreaks that impacted 1,894 passengers.
  
  The Hill - 5d

More from Financial Times

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• Indonesia places a $28bn bet on free school meals

  President Prabowo Subianto wants to cater for 82mn students and pregnant mothers to boost growth and attainment
  
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• UK watchdog bans adverts featuring burning dollars

  Posters from Islamic finance start-up Wahed Invest likely to cause ‘serious offence’, rules ASA
  
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• UK school budgets eroded by spiralling special needs costs, report shows

  SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFS
  
  Financial Times - 4h

• New updates from January 7: Trump refuses to rule out force to take Greenland and Panama Canal; Meta ends fact-checking

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More in World

• Samsung’s profit estimates disappoint as memory chip struggles persist

  Nvidia chief expresses confidence that South Korean group will be able to supply it with latest AI components
  
  Financial Times - 18m
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  Southern California wildfire: Palisades blaze doubles in size to nearly 3,000 acres – live updates

  More than 13,000 structures under threat while nearly 15,000 customers without electricity. Wildfire spreads near Los Angeles – full report Minutes after the J Paul Getty Trust issued a ...
  
  The Guardian - 20m

• Xi Jinping Muzzles Chinese Economist Who Dared to Doubt GDP Numbers

  Gao Shanwen questioned Beijing’s ability to boost its economy as threats loom from a property meltdown and burgeoning debt.
  
  The Wall Street Journal - 31m

• Israel, Hezbollah Fighting Stretches a Cease-Fire Deal to the Limit

  Both sides are accusing each other of violations as the deadline nears for Israeli troops to withdraw from Lebanon.
  
  The Wall Street Journal - 31m
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  Fast-moving wildfire destroys homes as strong winds hit southern California

  Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...
  
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