FirstFT: US corporate bankruptcies hit 14-year high
Read more at Financial Times
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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 - 4h -
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 - 1d -
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 -
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 -
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 -
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 -
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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China to subsidise rice cookers and microwaves to boost consumption
Beijing earmarks $11bn for expanded home appliance trade-in scheme amid concern over weak economic momentumFinancial Times - 1h -
Can Brussels stop Elon Musk’s political meddling in Europe?
Also in this newsletter: Is Ukraine seeking to capture more Russian territory?Financial Times - 2h -
FirstFT: Cheap Chinese flights to Europe undercut region’s airlines
Also in today’s newsletter, Citi expected to miss key target and Nippon Steel bets on TrumpFinancial Times - 2h -
Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - 2h -
Nippon Steel bets on Trump to salvage $15bn US deal
Japanese company and target US Steel have also sued the Biden administration and rival Cleveland-CliffsFinancial Times - 3h
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