Econobits.com

Friday, January 31, 2025

2 dead, at least 146 infected as Kansas battles spreading tuberculosis outbreak

https://www.upi.com/Top_News/US/2025/01/28/kansas-tuberculosis-outbreak/9561738111210/

Kremlin brushes off Trump tariff threat to BRICS, says there's no plan for a common currency

https://www.reuters.com/world/kremlin-trump-tariff-threat-brics-says-grouping-is-not-planning-its-own-currency-2025-01-31/

Study of 16 years of U.S.-Canada Free Trade Agreement finds that workers were not hurt by freer trade

https://phys.org/news/2025-01-years-canada-free-agreement-workers.html

Thursday, January 30, 2025

Opinion | Trump’s tough trade tactics risk turning the world away from America

https://www.scmp.com/opinion/world-opinion/article/3296488/trumps-tough-trade-tactics-risk-turning-world-away-america

The largest tuberculosis outbreak in US history is unfolding as President Trump “pauses" all public messaging by the CDC

https://www.zmescience.com/medicine/the-largest-tuberculosis-outbreak-in-us-history-is-unfolding-as-president-trump-paused-all-public-messaging-by-the-cdc/

DC insider and former Cabinet member has a special message for federal workers

https://www.alternet.org/dc-insider-has-a-message-for-federal-workers/

Wednesday, January 29, 2025

U.S. Fed holds key lending rate steady

https://en.yna.co.kr/view/AEN20250129003451315

Fed pauses interest rate cuts. What happens next may depend on Trump

https://www.latimes.com/business/story/2025-01-29/federal-reserve-pauses-cutting-interest-rates-powell-trump-federal-reserve-economy-jobs

DeepSeek stuns tech industry with new AI image generator that beats OpenAI's DALL-E 3

https://www.livescience.com/technology/artificial-intelligence/deepseek-stuns-tech-industry-with-new-ai-image-generator-that-beats-openais-dall-e-3

U.S. consumer confidence falls for second consecutive month

https://qz.com/u-s-consumer-confidence-falls-for-second-consecutive-m-1851750166

Indiana elementary school closes due to ‘excessive illness’

https://fox59.com/indiana-news/indiana-elementary-school-closes-due-to-excessive-illness/

Egg prices may increase up to 20% as top farm tests positive for bird flu

https://abcnews.go.com/Health/egg-prices-increase-20-top-farm-tests-positive/story?id=118192209

Energy Companies Stocks Plummet as DeepSeek Shows AI Doesn't Need Entire Coal Plants to Cheat on Homework

https://futurism.com/energy-stocks-deepseek-power

Tuesday, January 28, 2025

One Of America's Coolest Suburbs And A Cyclist's Paradise is in Indiana

https://www.islands.com/1768014/coolest-suburb-america-unexpected-artsy-biker-paradise-heart-indiana-indianapolis-carmel-city/

I tested ChatGPT vs DeepSeek with 7 prompts — here’s the surprising winner

https://www.tomsguide.com/ai/i-tested-chatgpt-vs-deepseek-with-7-prompts-heres-the-surprising-winner

American capitalism just got a black eye

https://www.alternet.org/deep-seek/

Monday, January 27, 2025

A shocking Chinese AI advancement called DeepSeek is sending US stocks plunging

https://www.cnn.com/2025/01/27/tech/deepseek-stocks-ai-china/index.html

Vanguard forecasts steady growth and inflation progress for the U.S. economy in 2025

https://seekingalpha.com/news/4398849-vanguard-forecasts-steady-growth-and-inflation-progress-for-the-u_s_-economy-in-2025

Big tech stocks in freefall as Chinese AI startup DeepSeek triggers panic selloff on Wall Street

https://nypost.com/2025/01/27/business/nvidia-shares-fall-12-as-chinese-ai-startup-deepseek-triggers-panic/

DeepSeek: Chinese AI chatbot sparks market turmoil for rivals

https://www.bbc.com/news/articles/c0qw7z2v1pgo

Sunday, January 26, 2025

UK on high alert as 'mystery' virus cases soar amid warnings for Brits to 'mask up'

https://www.mirror.co.uk/news/uk-news/uk-high-alert-virus-cases-34556331

EU military chief says it would make sense to put European troops in Greenland, Welt reports

https://www.reuters.com/world/europe/eu-military-chief-says-it-would-make-sense-put-european-troops-greenland-welt-2025-01-25/

Researchers strike the “Achilles Heel” of desalination

https://www.anthropocenemagazine.org/2025/01/researchers-have-overcome-the-achilles-heel-of-desalination/

Study shows many don't know about the unexpected negative effects of nitrous oxide use

https://medicalxpress.com/news/2025-01-dont-unexpected-negative-effects-nitrous.html

Mega-utility makes unprecedented decision with massive coal plant overhaul: 'Not just ... solar'

https://www.thecooldown.com/green-business/duke-energy-allen-steam-station-coal-plant-battery-storage-solar/

Saturday, January 25, 2025

Kansas Faces Largest Tuberculosis Outbreak in U.S. History Amid Public Health Policy Shifts

https://balleralert.com/profiles/blogs/kansas-faces-largest-tuberculosis-outbreak-in-u-s-history-amid-public-health-policy-shifts/

Map shows best US states to raise family away from crime

https://www.the-express.com/news/us-news/161595/map-most-dangerous-us-states-where-to-raise-family

Friday, January 24, 2025

Wall St Week Ahead Fed's rate-cut view set to test resurgent US stocks rally

https://www.reuters.com/markets/us/wall-st-week-ahead-feds-rate-cut-view-set-test-resurgent-us-stocks-rally-2025-01-24/

China has invested billions in ports around the world. This is why the West is so concerned

https://theconversation.com/china-has-invested-billions-in-ports-around-the-world-this-is-why-the-west-is-so-concerned-244733

Supreme Court allows small business registration rule to take effect, aimed at money laundering

https://chicago.suntimes.com/small-business/2025/01/24/supreme-court-small-business-registration-cta-rule-effect-money-laundering

Thursday, January 23, 2025

BofA Analysts: 'Gangbusters' Jobs Report Could Push Fed Toward Rate Hike If Inflation Stays Above 3%

https://www.benzinga.com/personal-finance/25/01/43168308/bofa-analysts-gangbusters-jobs-report-could-push-fed-toward-rate-hike-if-inflation-stays-above-3

More Americans file for unemployment benefits last week, continuing claims highest in 3 years

https://apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-0cb5ad389a3987666796a45e5e8153be

Davos: Salesforce CEO Marc Benioff says today’s CEOs are the last to manage all-human workforces

https://www.cnn.com/2025/01/23/business/davos-marc-benioff-salesforce-ai-prediction-intl/index.html

US reliance on China’s rare earths, Mach-4 drone tipped for flight: SCMP daily highlights

https://www.scmp.com/news/china/article/3296027/us-reliance-chinas-rare-earths-mach-4-drone-tipped-flight-scmp-daily-highlights

Wednesday, January 22, 2025

‘Income inequality is out of control’ — Scott Galloway says ‘we risk revolution’ in America as the country’s tax policy has ‘gone full oligarch’

https://moneywise.com/a/ch-synd/income-inequality-is-out-of-control-scott-galloway-says-we-risk-revolution-in-america-as-the-countrys-tax-policy-has-gone-full-oligarch

Exclusive: China halts Brazilian soy shipments from five firms, sources say

https://www.reuters.com/markets/commodities/brazilian-soy-shipments-china-5-firms-suspended-phytosanitary-grounds-sources-2025-01-22/

Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods

https://www.cnn.com/2025/01/21/economy/trump-tariffs-mexico-canada/index.html

Monday, January 20, 2025

A sample from a remote Tanzanian region tests positive for Marburg disease, confirming WHO fears

https://apnews.com/article/tanzania-marburg-outbreak-who-kagera-suluhu-fever-7d946e7ab16bac8db08f67e6fb5638f0

Germany met NATO 2% defence spending target in 2024, sources say

https://www.reuters.com/world/europe/germany-met-nato-2-defence-spending-target-2024-sources-say-2025-01-20/

US signs deal to train Taiwanese navy as island mulls cuts to military exchange budgets

https://www.scmp.com/news/china/politics/article/3295535/us-signs-deal-train-taiwanese-navy-island-mulls-cuts-military-exchange-budgets

Sunday, January 19, 2025

Revealed: The blissful southern state where most Americans are moving

https://www.dailymail.co.uk/yourmoney/article-14299595/southern-state-americans-moving.html

'Shocking' report reveals how 'people’s private data is being used to set the prices they pay'

https://www.alternet.org/federal-trade-commission-report/

Saturday, January 18, 2025

Georgia shuts down all poultry operations after bird flu detected in commercial plant

https://www.washingtonexaminer.com/policy/healthcare/3291733/georgia-shuts-down-all-poultry-operations-after-bird-flu-detected-in-commercial-plant/

More teens are using ChatGPT for schoolwork, study finds

https://www.npr.org/2025/01/18/g-s1-43115/chatgpt-teen-school-homework-classroom-ai

Friday, January 17, 2025

NATO warplanes scrambled for second time in a week as Russian drones hit Romania

https://www.mirror.co.uk/news/world-news/breaking-nato-warplanes-scrambled-second-34498541

US Navy's hypersonic rollout: First destroyer fitted, test planned for 2025

https://interestingengineering.com/military/us-navy-brings-hypersonic-weapons

IMF warns Trump economic policy threatens global disruption - BBC News

https://www.bbc.com/news/articles/cglyynp44g4o

What is the '$1K per month in retirement' rule?

https://www.newsnationnow.com/business/your-money/what-is-1k-retirement-rule/

Janet Yellen's Computer Hacked By Chinese Hackers, Attackers Obtain 'Law Enforcement Sensitive' Data By Targeting US Treasury Department

https://www.benzinga.com/media/25/01/43048422/janet-yellens-computer-hacked-by-chinese-hackers-attackers-obtain-law-enforcement-sensitive-data-by-targeting-us-treasury-department

Thursday, January 16, 2025

Why bond markets refuse to hop aboard the Trump train

https://www.scmp.com/opinion/world-opinion/article/3294961/why-bond-markets-refuse-hop-aboard-trump-train

China’s yuan on the rise in oil trade, but petrodollar here to stay

https://www.scmp.com/economy/global-economy/article/3295048/chinas-yuan-rise-oil-trade-petrodollar-here-stay-report

Indianapolis is top housing market in U.S. in 2025

https://www.indystar.com/story/news/real-estate/2025/01/15/indianapolis-is-top-housing-market-in-u-s-in-2025/77667718007/

Falling debris from Elon Musk’s SpaceX rockets is causing flights to be delayed across the world

https://www.independent.co.uk/space/elon-musk-spacex-rockets-flights-delayed-b2679383.html

Jeff Bezos’s Blue Origin launches New Glenn rocket for first time

https://www.digitaltrends.com/space/blue-origin/

Wednesday, January 15, 2025

FTC sues John Deere for ‘unfairly’ raising repair costs on farm equipment

https://www.theverge.com/2025/1/15/24344325/john-deere-repair-right-ftc-lawsuit-tractor

US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia

https://apnews.com/article/russia-treasury-sanctions-war-ukraine-china-trump-eb3ef551372c02be718fc3bce5cdf901

US population projections shrink from last year because of declining birth rates, less immigration

https://apnews.com/article/population-projections-congressional-budget-office-946a81a89908c44bb6b7df1ad8b5d57c

Tuesday, January 14, 2025

Trump is on a collision course with the bond vigilantes

https://www.cnn.com/2025/01/14/business/trump-market-debt/index.html

What do surging bond yields mean for your finances?

https://abcnews.go.com/Business/surging-bond-yields-finances/story?id=117617443

With more Americans able to access legalized marijuana, fewer are picking up prescriptions for anti-anxiety medications

https://medicalxpress.com/news/2025-01-americans-access-legalized-marijuana-prescriptions.html

Monday, January 13, 2025

US Treasury Yields Near Crucial 5% Mark Last Seen During 2008 Global Financial Crisis, But Analyst Dismisses Fears, Says 'Market Appears To Be Overreacting'

https://www.benzinga.com/25/01/42939374/as-bond-yields-near-the-crucial-5-mark-last-seen-briefly-in-2023-and-global-financial-crisis-this-analyst-says-market-appears-to-be-overreacting

New Glenn: Blue Origin waves off attempt to launch its most powerful rocket yet

https://www.cnn.com/2025/01/13/science/new-glenn-blue-origin-rocket-launch-attempt/index.html

Sunday, January 12, 2025

The US is upset China wants to be self-reliant in producing chips

https://www.scmp.com/opinion/china-opinion/article/3294439/us-upset-china-wants-be-self-reliant-producing-chips

Mark Cuban Just Proposed a 20-Minute Daily Habit to 'Destabilize' Elon Musk, Mark Zuckerberg, and President Trump

https://www.inc.com/bill-murphy-jr/mark-cuban-just-suggested-a-20-minute-daily-habit-to-destabilize-elon-musk-mark-zuckerberg-and-president-trump/91104367

Could a TikTok sale happen? Project Liberty makes offer as ban looms

https://www.usatoday.com/story/tech/2025/01/11/tiktok-ban-sell-project-liberty/77602746007/

Oil companies place no bids in Alaska wildlife refuge drilling auction

https://www.fastcompany.com/91257138/alaska-wildlife-refuge-drilling-auction-oil-companies-no-bids

Saturday, January 11, 2025

Martin Lewis says everyone needs to get one document sorted in 2025 - and it's not a will

https://www.mirror.co.uk/money/martin-lewis-says-everyone-needs-34456208

December jobs report has Wall Street starting to talk about rate hikes in 2025

https://finance.yahoo.com/news/december-jobs-report-has-wall-street-starting-to-talk-about-rate-hikes-in-2025-185530446.html

Bird Flu: 1st presumptive case of H5N1 identified in San Francisco juvenile, Department of Public Health says

https://abc7news.com/post/bird-flu-1st-presumptive-case-h5n1-identified-san-francisco-juvenile-department-public-health-says/15788088/

Friday, January 10, 2025

US Economy Adds 256,000 Payrolls In December, Tight Labor Market Tops Forecasts: Dollar, Treasury Yields Spike

https://www.benzinga.com/economics/macro-economic-events/25/01/42912480/us-economy-adds-256000-payrolls-in-december-as-tight-labor-market-tops-forecasts-dollar-treasury-yields-spike

Global money market funds draw huge inflows on caution over potential tariffs

https://www.reuters.com/markets/global-markets-flows-graphic-2025-01-10/

Steel firm sale to Japan a threat to US national security, really?

https://www.scmp.com/opinion/article/3294250/steel-firm-sale-japan-threat-us-national-security-really

Rupert Murdoch’s Fox Corp. must face 2020 election defamation lawsuit, appeals court rules

https://www.cnn.com/2025/01/09/media/fox-corp-smartmatic-election-lawsuit-murdoch/index.html

The 10-year Treasury yield is making the market nervous

https://finance.yahoo.com/news/the-10-year-treasury-yield-is-making-the-market-nervous-morning-brief-110025630.html

Within a Month, 6 Largest US Banks Leave UN Net-Zero Banking Alliance

https://www.dailysignal.com/2025/01/10/within-a-month-6-largest-us-banks-leave-un-net-zero-banking-alliance/

Thursday, January 9, 2025

Economic Outlook: Markets Flash Fed Warning Sign, Bond Yields Surge

https://www.inc.com/phil-rosen/economic-outlook-trump-powell-fed-bond-yields-treasury-investors-markets/91105151

China plans to build ‘Three Gorges dam in space’ to harness solar power

https://www.scmp.com/news/china/science/article/3294091/china-plans-build-three-gorges-dam-space-harness-solar-power

H&R Block Faces Hefty $7 Million Fine: What It Means for Taxpayers

https://www.kiplinger.com/taxes/ftc-orders-h-and-r-block-to-revamp-practices-and-pay-millions

Justice Department accuses 6 major landlords of keeping rents high

https://www.npr.org/2025/01/09/nx-s1-5253778/justice-department-landlords-rents

Mohamed El-Erian Warns US Treasury Yields Poised To Hover Near 5% Through 2025, Maps Out Survival Strategy

https://www.benzinga.com/markets/bonds/25/01/42890926/mohamed-el-erian-predicts-us-treasury-yields-will-stay-elevated-through-2025-as-inflation-concerns-and-market-dynamics-persist

Wednesday, January 8, 2025

Port strike averted as workers, operators reach tentative deal

https://www.usatoday.com/story/money/2025/01/08/port-strike-averted-as-workers-reach-tentative-deal/77559207007/

Stocks fall Tuesday as economic news points to fewer rate cuts

https://www.usatoday.com/story/money/markets/2025/01/07/stocks-mostly-lower-tuesday-as-economic-news-strong/77507811007/

Tuesday, January 7, 2025

US job openings rise unexpectedly to 8.1 million in November, a sign the labor market is resilient

https://apnews.com/article/jobs-openings-labor-7170e489215c2f593fbaffcd993d59c2

Talks to avert another potentially crippling port strike set to resume

https://www.cnn.com/2025/01/07/business/port-strike-negotiations/index.html

HMPV Virus Outbreak Surges — U.S. Experts Urge Transparency and Raise Concerns About Latest Health Crisis

https://radaronline.com/p/virologist-raises-alarm-viral-images-show-chinese-hospitals-overwhelmed-hmpv-outbreak/

Monday, January 6, 2025

1st bird flu death in the US reported in Louisiana

https://abcnews.go.com/Health/1st-human-bird-flu-death-us-reported-louisiana/story?id=117394641

HMPV virus - latest: Cases begin rising in India and other parts of world after outbreak in China

https://www.independent.co.uk/news/health/hmpv-virus-china-uk-cases-symptoms-latest-news-b2674517.html

Fed can afford a more cautious approach to rate cuts, Cook says

https://seekingalpha.com/news/4392699-fed-can-afford-a-more-cautious-approach-to-rate-cuts-cook-says

Nippon Steel, US Steel file lawsuit after Biden’s decision to block $15 billion deal

https://apnews.com/article/nippon-us-steel-biden-pennsylvania-eacf51a38e26280080f49fb280cb70a6

Top Federal Reserve bank regulator, under fire from GOP, to step down next month

https://apnews.com/article/banks-federal-reserve-trump-regulation-barr-83ea8abf5ca65449a0eb1d5fe198cfbf

Footage shows chaos inside Chinese hospitals overwhelmed by new HMPV virus

https://www.irishstar.com/news/us-news/china-hmpv-virus-symptoms-signs-34427396

Janet Yellen's Short-Term Debt Strategy Sparks Warnings For Trump Administration: 'Your Costs Explode And Buyers Could Balk,' Says Expert

https://www.benzinga.com/news/25/01/42808340/janet-yellens-short-term-debt-strategy-sparks-warnings-for-trump-administration-your-costs-explode-and-buyers-could-balk-says-expert

Sunday, January 5, 2025

Social Security Fairness Act signed into law by Biden, enhancing retirement benefits for millions

https://www.cbsnews.com/news/social-security-fairness-act-signed-by-president-biden/

Oregon sees second highest number of whooping cough cases in 2024

https://www.statesmanjournal.com/story/news/2024/12/31/oregon-whooping-cough-cases-2024/77333664007/

Higher Social Security payments coming for millions of people from bill Biden is signing

https://apnews.com/article/social-security-retirement-benefits-public-service-workers-5673001497090043e786ade8a8d0fdb4

Saturday, January 4, 2025

Russia vows retaliation after saying it downed eight US-made long-range missiles

https://www.cnn.com/2025/01/04/europe/russia-retaliation-eight-atacms-missiles-intl/index.html

China’s ‘metal storm’ weapon can fire millions of rounds per minute: project scientists

https://www.scmp.com/news/china/science/article/3293109/chinas-metal-storm-weapon-can-fire-millions-rounds-minute-project-scientists

What is HMPV? China steps up emergency measures amid new virus outbreak

https://www.independent.co.uk/asia/china/hmpv-china-human-metapneumovirus-outbreak-symptoms-b2673687.html

Social Security Fairness Act set to get Biden's signature

https://www.cbsnews.com/news/social-security-fairness-act-biden/

China downplays mystery virus and claims safe to travel despite fears

https://www.the-express.com/news/world-news/159406/china-mystery-virus-safe-travel

Friday, January 3, 2025

Mysterious half tonne metal ring crash lands on Earth as experts sound the alarm over growing 'space junk'

https://www.the-sun.com/tech/13211705/metal-ring-kenya-village-space-debris/

In blow to open internet, Federal Appeals strikes down Biden FCC's net neutrality rules

https://www.rawstory.com/in-blow-to-open-internet-federal-appeals-strikes-down-biden-fcc-s-net-neutrality-rules/

Biden rejects U.S. Steel-Nippon Steel deal

https://www.cbsnews.com/news/biden-us-steel-nippon-deal/

Wednesday, January 1, 2025

How America ended up creating the adversarial Brics of today

https://www.scmp.com/opinion/article/3293041/how-america-ended-creating-adversarial-brics-today

Ukraine halts transit of Russian gas to Europe: NPR

https://www.npr.org/2025/01/01/nx-s1-5244936/ukraine-russia-natural-gas-pipeline

Justice Department asks Supreme Court to reinstate anti-money laundering law

https://thehill.com/regulation/court-battles/5061807-justice-department-asks-supreme-court-to-reinstate-anti-money-laundering-law/
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Jim Polito
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Marian University
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Blog Archive:

  • ▼  2025 (660)
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      • 2 dead, at least 146 infected as Kansas battles sp...
      • Kremlin brushes off Trump tariff threat to BRICS, ...
      • Study of 16 years of U.S.-Canada Free Trade Agreem...
      • Opinion | Trump’s tough trade tactics risk turning...
      • The largest tuberculosis outbreak in US history is...
      • DC insider and former Cabinet member has a special...
      • U.S. Fed holds key lending rate steady
      • Fed pauses interest rate cuts. What happens next m...
      • DeepSeek stuns tech industry with new AI image gen...
      • U.S. consumer confidence falls for second consecut...
      • Indiana elementary school closes due to ‘excessive...
      • Egg prices may increase up to 20% as top farm test...
      • Energy Companies Stocks Plummet as DeepSeek Shows ...
      • One Of America's Coolest Suburbs And A Cyclist's P...
      • I tested ChatGPT vs DeepSeek with 7 prompts — here...
      • American capitalism just got a black eye
      • A shocking Chinese AI advancement called DeepSeek ...
      • Vanguard forecasts steady growth and inflation pro...
      • Big tech stocks in freefall as Chinese AI startup ...
      • DeepSeek: Chinese AI chatbot sparks market turmoil...
      • UK on high alert as 'mystery' virus cases soar ami...
      • EU military chief says it would make sense to put ...
      • Researchers strike the “Achilles Heel” of desalina...
      • Study shows many don't know about the unexpected n...
      • Mega-utility makes unprecedented decision with mas...
      • Kansas Faces Largest Tuberculosis Outbreak in U.S....
      • Map shows best US states to raise family away from...
      • Wall St Week Ahead Fed's rate-cut view set to test...
      • China has invested billions in ports around the wo...
      • Supreme Court allows small business registration r...
      • BofA Analysts: 'Gangbusters' Jobs Report Could Pus...
      • More Americans file for unemployment benefits last...
      • Davos: Salesforce CEO Marc Benioff says today’s CE...
      • US reliance on China’s rare earths, Mach-4 drone t...
      • ‘Income inequality is out of control’ — Scott Gall...
      • Exclusive: China halts Brazilian soy shipments fro...
      • Here’s what will get more expensive from 25% tarif...
      • A sample from a remote Tanzanian region tests posi...
      • Germany met NATO 2% defence spending target in 202...
      • US signs deal to train Taiwanese navy as island mu...
      • Revealed: The blissful southern state where most A...
      • 'Shocking' report reveals how 'people’s private da...
      • Georgia shuts down all poultry operations after bi...
      • More teens are using ChatGPT for schoolwork, study...
      • NATO warplanes scrambled for second time in a week...
      • US Navy's hypersonic rollout: First destroyer fitt...
      • IMF warns Trump economic policy threatens global d...
      • What is the '$1K per month in retirement' rule?
      • Janet Yellen's Computer Hacked By Chinese Hackers,...
      • Why bond markets refuse to hop aboard the Trump train
      • China’s yuan on the rise in oil trade, but petrodo...
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