Mild and Breezy: Updated 7-day forecast
Friday will remain mild with partial sunshine and it will be breezy in the afternoon.
Make Yahoo Your Homepage
Discover something new every day from News, Sports, Finance, Entertainment and more!
Friday will remain mild with partial sunshine and it will be breezy in the afternoon.
Blue Monday marks the third Monday of January every year
Blue Monday marks the third Monday of January every year
Jurgen Klopp’s patched up Liverpool side were incoherent while Ole Gunnar Solskjaer’s team lacked snap in the final third
Kevin Na overcame a three-stroke deficit with six holes to play with three straight birdies and another on the 18th hole to win the Sony Open in Honolulu on Sunday. Na carded a 5-under-par 65 on Sunday to finish at 21-under 259 at Waialae Country Club. The 37-year-old Na recorded his fifth PGA Tour victory by edging Chris Kirk and Chile's Joaquin Niemann, who tied for second one shot back.
Following the events at the US Capitol, there are concerns about the activity of militia groups.
It is still not clear whether Trump will pardon himself or his children
Latest developments from Westminster ahead of Commons vote
Italy's borrowing costs crept back up on Monday as Prime Minister Giuseppe Conte faced two days of parliamentary votes that will decide if his fragile coalition can cling to power or has lost its majority. Political turmoil in Italy, one of the euro zone's biggest and most indebted economies, is once again weighing on sentiment. Hefty stimulus from the European Central Bank and an expectation that a snap election is unlikely for now have limited the selloff in Italian bonds.
New Yorkers flocked to the Brooklyn Army Terminal on January 14 after a WhatsApp message claiming the facility had extra COVID-19 vaccines went viral.This footage, shot by Stephen Lurie, shows people lined up for blocks. Others waited in cars.The WhatsApp message said over 410 doses of the vaccine needed to be given out within four hours and promised the terminal would take any “walk ins” aged 18 and over.New York City mayoral press secretary Bill Neidhardt swiftly took to Twitter to debunk the message, writing there was “NOT available vaccine for people without appointments.”“This was misinformation and the notification did not come from the NYC gov,” Neidhardt wrote. “We are sending people to Brooklyn Army Terminal to ask people in line to return home if they don’t have appointments.” Credit: Stephen Lurie via Storyful
Follow the latest updates here
To divorce Reds’ attacking issues from loss of key defenders would be to misunderstand their methods
We round up some essentials for tackling the ‘most depressing day of the year’ while working from home
Exclusive: ‘My daughter was in tears begging to be let on the plane’
We round up some essentials for tackling the ‘most depressing day of the year’ while working from home
Valmet will supply a new OptiConcept M container board making line with extensive packages of automation and services to Shanying Paper, Guangdong at its Zhaoqing mill in China. The new board making line (PM 53) will produce test liner grades and continue the expanding of Shanying Paper's business in Guangdong area. The start-up of PM 53 is scheduled for the first quarter of 2022.
Hollywood couple had their first child together in 2015
Follow for all the latest coming from the Biden camp and beyond ahead of his swearing in as president
(Bloomberg) -- China’s economy exceeded its pre-pandemic growth rates in the fourth quarter as its export-led recovery quickened, enabling it to expand faster than expected over the whole year even as major peers contracted.Gross domestic product climbed 6.5% in the final quarter from a year earlier, propelling growth to 2.3% for the full year, the statistics bureau said Monday. Economists surveyed by Bloomberg had predicted 6.2% expansion for the quarter and 2.1% for the whole of 2020.“China has more than returned to trend growth,” said Raymond Yeung, chief economist for Greater China at Australia and New Zealand Banking Group. The strong rebound means authorities can “prioritize structural reforms rather than economic reflation” in 2021, he said.The V-shaped recovery was based on successful control of Covid cases and fiscal and monetary stimulus that boosted investment in real estate and infrastructure. Growth was further spurred by overseas demand for medical equipment and work-from-home devices, with exports expanding 3.6% in 2020 compared to the previous year.Still, the investment and export-driven recovery exacerbated existing imbalances in the economy as domestic consumption lagged.“There’s a huge discrepancy between production and consumption,” said Bo Zhuang, chief China economist at TS Lombard. “I am not very optimistic about domestic demand, as wage growth is not back to pre-pandemic levels.”The Chinext Index of small caps closed 1.9% higher, while the yield on the most actively traded contract of 10-year government bonds rose 3 basis points as of 4:12 p.m. in Shanghai to 3.17%, set for the highest in two weeks. The onshore yuan weakened 0.07% to 6.4864 per dollar as the greenback rebounded.Emerging from the pandemic larger than when it started is a capstone to a dramatic year for the world’s second-largest economy, which began 2020 with a historic first-quarter slump when the coronavirus lockdowns brought most activity to a halt.What Bloomberg Economics Says...“The Chinese economy accelerated to a strong finish to 2020, though challenges at the start of 2021 could put a damper on growth.”Data for December suggests that the gap between demand and supply is opening up again, and this may reflect the impact on consumption from recent viral outbreaks.\-- Chang Shu, chief Asia economistFor the full note, click here.Even though China’s annual growth was the slowest in four decades, a global contraction in output means China increased its share of the world economy at the fastest pace on record, according to World Bank estimates. Based on projections from the International Monetary Fund, China will now overtake the U.S. by 2028, two years earlier than previously predicted, according to Nomura Holdings Inc.Economists expect China’s GDP will expand 8.2% this year, continuing to outpace global peers even as they begin to recover due to a roll-out of vaccines.Growth this year will depend on whether China can prevent a large-scale resurgence of virus infections, and on whether it can pass the baton of spending from local governments and large state companies to consumers and private businesses. The government has recently imposed travel restrictions on several northern cities due to small-scale virus outbreaks, including locking down the capital of Hebei province, a city of 11 million people near Beijing.Consumption LagsConsumption spending per capita fell 4% in 2020 from a year earlier after adjusting for inflation, while investment in fixed assets such as real estate and infrastructure grew 2.9%, according to the statistics bureau. Industrial production surged, with China producing more than 1 billion tons of crude steel in 2020, an annual record.“There is relatively large room” for China to raise the contribution rate of final consumption to economic growth, the head of the statistics bureau Ning Jizhe said after the data was released at a press conference in Beijing. For 2021, “it is necessary to improve the consumption ability of residents, improve consumption policy and environment, and cultivate more consumption growth drivers.”China’s increasingly tense relationship with the U.S. could also weigh on the outlook. In his final weeks in office, President Donald Trump has tightened restrictions on Chinese businesses to curb the nation’s dominance in high-tech industries, roiling financial markets. It’s still unclear if the incoming administration under Joe Biden will maintain those measures.The fiscal and monetary stimulus to support the economy through the pandemic has been accompanied by a surge in debt which authorities are now seeking to curb as the recovery takes hold. At a December meeting to lay out economic goals for 2021, the ruling Communist Party signaled that stimulus would be gradually withdrawn, although it would avoid any “sharp turns” in policy.“Beijing is withdrawing stimulus, which will weaken investment in the coming months,” said Houze Song, a researcher on China’s economy at the Paulson Institute.(Updates markets in seventh paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
'We live in a world where people we elect don't want to feed hungry children,' said the comedian
They confirmed that they welcomed a baby boy in secret back in July