Wednesday, January 29, 2025

Thursday's News Links

[Yahoo/Bloomberg] Stocks Climb as Traders Await Apple Results: Markets Wrap

[Yahoo/Bloomberg] Yen Holds Gains After BOJ Himino Reaffirms Rate Path

[AP] U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024

[AP] Fewer Americans apply for jobless benefits last week as labor market shows continued strength

[Yahoo/Bloomberg] Powell Says Fed Doesn’t Need to Be in a Hurry to Lower Rates

[Yahoo/Bloomberg] Trump Says Fed Has Done ‘Terrible Job’ on Banking Regulation

[Yahoo/Bloomberg] White House Considers Dozens of New Ways to Seize Spending Power

[Yahoo/Bloomberg] Microsoft Has Kind Words for DeepSeek AI, Offers It to Customers

[Yahoo/Reuters] ECB cuts interest rates and keeps more easing on table

[Yahoo/Bloomberg] Japan Sees Debt-Service Costs Jumping 25% by 2028 as BOJ Hikes

[Yahoo/Bloomberg] BOJ to Slice Almost $500 Billion Off Balance Sheet With QT Move

[Reuters] Brazil central bank hikes rates by 100 bps, confirms same in March

[Yahoo/Bloomberg] Mexico Economy Shrinks for First Time Since 2021 as Risks Rise

[Reuters] Global CEO departures hit record high in 2024 amid investor pressure

[Bloomberg] ‘Big Short’ Traders Reuniting for Hedge-Fund Week Are Going Long

[Bloomberg] After LA Fires, Climate Experts Say There Is ‘No Safe Place in the US’

[NYT] A.I. Giants Double Down on Spending, Even as DeepSeek Looms

[WSJ] Here’s What Stands in the Way of Trump’s ‘Big, Beautiful’ Tax and Border Bill

[WSJ] Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans

[WSJ] Fed Stands Pat on Rates, Entering New Wait-and-See Phase

[WSJ] Trump Lashes Out at a Favorite Nemesis: The Federal Reserve

[WSJ] Why ‘Distillation’ Has Become the Scariest Word for AI Companies

[FT] Donald Trump lashes out at Federal Reserve after central bank keeps rates steady

[FT] Donald Trump’s foreign aid freeze sparks global funding crisis

[FT] ECB warns of ‘headwinds’ to Eurozone economy as it cuts rate to 2.75%

[FT] Eurozone economy unexpectedly flatlines in fourth quarter

[FT] Blackstone defends $80bn data centre investment as DeepSeek shakes market

[FT] DeepSeek hints that China has mastered the art of ‘kaizen’ — the west should be worried