Russian Central Bank Hikes Interest Rates by 1 Percentage Point to 19 to Fight Inflation Fueled by Military Spending
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Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - Jan. 7 -
Another year of big wage hikes likely at big Japan firms, business lobby chair says
Yahoo News - Jan. 7 -
Israeli airstrike targets armed group in West Bank
Yahoo News - Jan. 7 -
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 - Jan. 7 -
HELOC interest rate pros and cons to know for 2025
A HELOC interest rate comes with some significant pros and cons in today's evolving economic climate.CBS News - Jan. 6 -
David Wright's No. 5 to be retired by New York Mets on July 19
David Wright’s No. 5 will be retired by the New York Mets before a July 19 game against CincinnatiABC News - Jan. 6 -
Firm completes 'really interesting' zoo project
Yahoo News - Jan. 6 -
Iran doubles military drills as it prepares for Trump
Islamic republic seeks to project strength in winter exercises following repeated strategic blows in Middle EastFinancial Times - Jan. 6 -
German inflation rate climbs to 2.6% in December
Yahoo News - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Germany to release inflation estimate for 2024
Yahoo News - Jan. 6 -
Finland fuels children’s future with financial literacy and food
World-beating ambition drives real-life business practice and free lunches for kidsFinancial Times - Jan. 6 -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - Jan. 6 -
Some Baseball Teams Won’t Spend Money, and It’s a Problem
Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.The New York Times - Jan. 6 -
Ukraine launches counterattack in Russian border region
Ukrainian President Volodymyr Zelenskyy said he will again call on allies to boost his country's air defenses at a Ramstein group meeting in Germany this week.CBS News - Jan. 5 -
Biden honors 19 politicians, philanthropists, cultural icons with Presidential Medal of Freedom
President Biden awarded the nation’s highest civilian honor to more than a dozen politicians, philanthropists and cultural icons during a ceremony at the White House Saturday. Nineteen people ...NBC News - Jan. 5 -
Biden awards Presidential Medal of Freedom for final time to 19 recipients
President Joe Biden presented the Presidential Medal of Freedom for the final time of his presidency to 19 recipients, including former Secretary of State Hillary Clinton, former basketball player ...NBC News - Jan. 4 -
Europe readies for scattergun defence-spend bonanza
Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spreadFinancial Times - Jan. 4 -
Two dead and 19 injured in southern California plane crash
Plane crashed through roof of manufacturing building were at least 200 were working, police say. Two people died and 19 were injured when a small plane crashed through the roof of a sprawling ...The Guardian - Jan. 3 -
USA's Cardoso 'motivated' by transfer interest
Constant transfer speculation is giving Real Betis midfielder Johnny Cardoso extra motivation to play at his best, according to the United States international.ESPN - Jan. 3 -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - Jan. 3 -
Plane Crash in Fullerton, California, Kills 2 and Injures 19
The single-engine aircraft barreled into a manufacturing facility just moments after taking off from a nearby airport in Fullerton, Calif., on Thursday.The New York Times - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
New Year's attacks fuel fears of extremism in military
The primary suspects in two deadly attacks on New Year’s Day shared a history of service in the U.S. military, underscoring persistent fears over extremism within the armed services that officials ...The Hill - Jan. 2 -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - Jan. 2 -
Donald Trump, Pete Hegseth and the Honor of the American Military
Donald Trump’s foreign policy may not be as disastrous as that of George W. Bush, whose idealism and hubris led to calamity, but that doesn’t mean it won’t be corrosive.The New York Times - Jan. 2 -
1/1: CBS Evening News
New Orleans attack under investigation after driver slams into crowd, killing at least 15; Cybertruck explosion outside Trump Hotel in Las Vegas investigated as possible terror attackCBS News - Jan. 2 -
Real estate trends for 2025: Regional sales, interest rates, more
From home sales ramping up in the South to when mortgage interest rates could come down, NBC’s senior business correspondent Christine Romans shares everything to know before buying a home in 2025.NBC News - Jan. 2 -
Trump to hold D.C. rally on Jan. 19, day before inauguration
President-elect Donald Trump will be sworn in for his second term in office on Jan. 20.CBS News - Jan. 1 -
Ukraine halts supply of Russian gas to Europe
Ukraine ends agreement to allow gas to flow through its pipelines, with European supplies set to be tested as cold weather forecast later this week. Ukraine has halted Russian gas supplies to ...The Guardian - Jan. 1 -
Police seek 19 people after Glasgow football chaos
The force releases images of people they want to speak to about football fan disorder in Glasgow.BBC News - Jan. 1 -
Ukraine stops transport of Russian gas to Europe
Ukraine has halted the transportation of Russian gas supplies through the country after a prewar transit deal expired at the end of last year, the nation's energy minister confirmed. Ukraine ...The Hill - Jan. 1 -
Russian gas stops flowing through Ukraine
Transit deal expires with no follow-up agreement on flows to central EuropeFinancial Times - Jan. 1 -
Ukraine ends transit of Russian gas to EU
Yahoo News - Jan. 1 -
Secrets of an airline points millionaire
How far will you travel to collect Avios and EuroBonus points in 2025?Financial Times - Jan. 1 -
The Music Is Too Loud. That’s the Point.
Vinyl-focused listening bars inspired by ones in Japan are opening across New York, attracting audiophiles and city dwellers looking for a respite from the cacophony outside their doors.The New York Times - Dec. 30
