Taiwan’s President Warns That China’s Military Aggression Is Growing
President Lai Ching-te is aiming to invest an additional $40 billion in military spending to deter China. Source link
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Bessent Defends Trump’s Use of Tariffs, Says They Are Not Fueling Inflation
The Treasury secretary said that import levies were not fueling inflation. Source link
Shoppers Turn to Discounts and Debt, but Not Just for Holidays
Consumers are focusing on value and financing purchases to complete their shopping lists. Source link
Private Employers Cut Jobs in November, in Latest Sign of a Slowdown
Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown. Source link
Here’s the latest on the 2025 DealBook Summit.
Here’s the latest on the 2025 DealBook Summit. Source link
Ahead of Tariff Ruling, Businesses Race to Secure Refunds
The Supreme Court has not yet ruled on the legality of President Trump’s sweeping tariffs, but some companies aren’t waiting to try to secure a speedy and substantial payout. Source link
Fed Pick Puts Pressure on Bessent to Deliver for Trump
Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates. Source link
What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Scott Bessent, Erika Kirk, Gavin Newsom, Dario Amodei, Mary Barra, Alex Karp, MrBeast, Lai Ching-te, and Larry Fink are among the big names speaking. Source link
Nature Retracts Study Predicting Catastrophic Climate Toll
While growing evidence shows that carbon emissions are harming the economy, the journal Nature found that an outlier paper had deep flaws. Source link
The Hong Kong Fire: A Crisis in the National Security Era
The authorities quickly arrested critics demanding accountability, signaling an expansive use of the security law to silence dissent over nonpolitical tragedies. Source link