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Wednesday, January 24, 2024

Thursday's News Links

[Yahoo/Bloomberg] Nasdaq Up as Tech Earnings Sifted: Markets Wrap

[Yahoo/Bloomberg] Oil Rises to 8-Week High on US Stockpile Drop and China Stimulus

[CNBC] The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected

[Reuters] US fourth quarter economic growth handily beats expectations

[Yahoo Finance] US applications for jobless benefits rise, but layoffs remain at historically low levels

[Yahoo/Bloomberg] Fed Raises Rate on Emergency Loan Program to Stop Arbitrage

[Reuters] Record-high US stocks grow more expensive versus global peers

[Yahoo/Fortune] The era of free money is over, and unicorns are paying the price

[Yahoo Finance] ECB leaves interest rates unchanged at 4%

[Yahoo/Bloomberg] LGFV in China’s Shandong Province Extends Debt Payment Deadline

[Yahoo/Bloomberg] Tokyo Apartment Prices Reach Record for Third Straight Year

[Yahoo/Bloomberg] Norges Bank Says High Interest Rates Needed for Some Time

[Reuters] Taiwan president-elect says he hopes for continued firm US support

[Reuters] US Navy sends first warship through Taiwan Strait post-election

[Reuters] Ukrainian drones hit Rosneft refinery in Russia - source

[AP] Russia’s top diplomat accuses US, South Korea and Japan of preparing for war with North Korea

[Bloomberg] Why Did Car Insurance Get So Expensive?

[WSJ] The Fed Risks Getting Caught Up in Politics, Whatever It Does

[WSJ] U.S. Economy Grew 3.1% Over the Last Year

[WSJ] Insurers Rake In Profits as Customers Pay Soaring Premiums

[WSJ] Desperate Chinese Investors Are Pouring Into the U.S., Japan

[FT] ECB holds interest rates steady at 4 per cent

[FT] Chinese retail investors hit by big losses in ‘snowball’ derivatives