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
Read more at Financial Times
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'Music is back' as streaming and vinyl help sales hit 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - 1h -
Tents arrive for survivors of quake that hit holy city in freezing high-altitude Tibet, killing 126
Rescue workers in the freezing, high-altitude Tibet region are searching for more survivors and victims, one day after a strong earthquake leveled thousands of houses and killed at least 126 people ...ABC News - 1h -
Trump doesn't rule out using military force to take control of Panama Canal, Greenland
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Trump Raises Using Military or Economic Force to Take Greenland and the Panama Canal
In an hourlong news conference at his Florida club, Mar-a-Lago, the president-elect delivered a hodgepodge of grievances, complaints and false claims.The New York Times - 8h -
Trump refuses to rule out using military to take Panama Canal and Greenland
Remarks likely to set off alarm bells around the world as Trump prepares to return to the White House this month. Donald Trump is refusing to rule out using American military force to retake ...The Guardian - 11h -
Trump: ‘Interest rates are far too high’
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...The Hill - 17h -
Death toll of Haiti gang violence rose to 5,600 in 2024, UN says
UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...The Guardian - 18h -
O'Leary: Trump US-Canada merger an interesting concept
"Shark Tank” star Kevin O’Leary said Monday that the concept of the U.S. and Canada merging into one country is "very interesting." “I went to Palm Beach for a couple of days. On Saturday, we ...The Hill - 20h -
Ethiopians celebrate Christmas as natural calamities and conflict take their toll
Yahoo News - 23h -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - 23h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 1d -
Death toll in Mount Everest earthquake reaches 95
Yahoo News - 1d -
‘Sandwich carers’ suffer long mental health toll, study finds
Research increases scrutiny over levels of state support for adults who look after children and elderly relativesFinancial Times - 1d -
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 - 1d -
US winter storm leaves four dead as millions hit by snow, ice and bitter cold
Hundreds of thousands left without power and flights canceled as state of emergencies declared in several states. Millions of Americans were hit by a major winter storm on Monday that brought heavy ...The Guardian - 1d -
Death toll from the German Christmas market attack rises to 6
Prosecutors say the death toll in the attack on a Christmas market in the German city of Magdeburg last month has risen to six as a woman succumbed to her injuriesABC News - 1d -
Firm completes 'really interesting' zoo project
Yahoo News - 1d -
Fed has hit the pause button for rates, and may only cut once this year, experts say
The Federal Reserve is going to sit on the sidelines and may only cut rates once this year, according to prominent economists attending the American Economic Association meeting in San Francisco ...MarketWatch - 1d -
How Scammers Could Cheat NYC’s Congestion Pricing Tolls
Drivers who obscure their plates or otherwise circumvent paying tolls already cost the city’s mass transit system millions of dollars.The New York 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 -
Rickelton hits 259 as SA take control against Pakistan
Ryan Rickelton moves joint-seventh in South Africa's all-time top scorers in a Test innings after hitting 259 in the second Test against Pakistan.BBC News - 3d -
US homebuilder shares slide on fears of higher rates and Trump tariffs
Threat of rising costs brings post-pandemic rally to a haltFinancial Times - 3d -
Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?
The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - 3d -
Top Fed official warns of US inflation risk after Trump takes power
Tom Barkin’s comments come just weeks before the president-elect takes office with a vow to raise tariffsFinancial Times - 4d -
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 -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - 4d -
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 - 4d -
Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts
Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.CNBC - 5d -
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 -
Taco Bell using AI voice to take orders at drive-thru
Fast food chain Taco Bell is turning to artificial intelligence to meet the demand of its drive-thru customers. The technology is said to cut the wait for an order by 29 seconds and improve ...CBS News - 5d -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - 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 -
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 - 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 -
Neil Young shuns Glastonbury over 'corporate control'
The rock star says the festival, which is partnered with the BBC, is "now under corporate control".BBC News - 6d -
Neil Young pulls out of Glastonbury 2025, claiming festival is ‘under corporate control’ of BBC
The 79-year-old musician says the music festival is ‘not the way I remember it being’ after BBC ‘wanted us to do a lot of things in a way we were not interested in’. Neil Young has announced that ...The Guardian - 6d -
Iran’s brain drain is happening at an alarming rate
The country’s loss of human capital underscores systemic problemsFinancial Times - 6d
More from Financial Times
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China’s currency hits 16-month low on Trump tariff fears
Renminbi under pressure from stronger dollar and concerns about incoming US president’s trade plansFinancial Times - 1h -
Chinese airlines rush into Europe as western carriers retreat
Ability to keep flying over Russia helps three big state-owned carriers undercut European rivalsFinancial Times - 5h -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systemsFinancial Times - 5h -
Trump’s icebreaker leaves Greenland and Denmark adrift
US president-elect’s gambit in the Arctic has unnerved Nuuk and left Copenhagen struggling to respondFinancial Times - 5h -
EU will defend borders, says French minister in response to Trump’s Greenland threats
Bloc leaders also register concern at president-elect’s territorial ambitionsFinancial Times - 50m
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