Annabelle Lee

How Global CFOs Are Tackling Risks Around China in the Trump Era Plus, the finance chief of chip giant TSMC talks about capex and the company’s overseas expansion.

Trump's return to the White House has global CFOs reviewing their operations and bracing for trade repercussions. One key flashpoint is China.

Tech’s $15 Trillion Rally Hinges on High-Stakes Earnings Stretch Investors are heading into yet another pivotal Big Tech earnings cycle with the companies’ shares near record highs and valuations stretched. A key distinction this time: The group’s profit growth is ...

Big Tech's profit growth is projected to be the weakest since Q1 2023.

Risk Becomes a Safe Haven in Volatile Debt Market In today’s topsy-turvy credit world, risky bonds are outperforming safe ones in periods of volatility. The reason? An increasing focus on interest income, or carry in industry parlance.

Risky bonds are outperforming safe ones in periods of volatility due to an increasing focus on interest income, or carry in industry parlance.

Trump Says He Would ‘Rather Not’ Have to Impose Tariffs on China President Donald Trump expressed a reluctance to impose tariffs on China during a television interview, suggesting a trade war between the world’s largest economies could be avoided.

Trump expressed a reluctance to impose tariffs on China during a television interview, suggesting a trade war between the world’s largest economies could be avoided

Live: Trump's First Full Day in Office

President Trump is expected to announce a new investment push for AI led by Softbank, OpenAI and Oracle.

Follow our live coverage for the latest news from Trump's first full day in office and the market reaction ⤵️

Labor Union Sues Trump Over ‘DOGE’ Plan A labor union representing federal government employees sued President Trump in a federal court in Washington as soon as he was sworn in, seeking a court order blocking him from launching the…

A labor union representing federal government employees sued President Trump in a federal court in Washington as soon as he was sworn in, seeking a court order blocking him from launching the Department of Government Efficiency

Trump’s Memecoin Creates Billions From Thin Air Before DC Return In tuxedos and floor-length gowns, crypto executives and adherents spilled through the Andrew W. Mellon Auditorium in Washington on Friday, ready to toast the inauguration of Donald J. Trump — a leade...

The market value of a newly-launched Trump memecoin — a virtual token that appears to offer direct financial benefit to the president-elect’s family — surged to about $5.6 billion by Saturday afternoon, drawing immediate rebuke from government watchdogs.

Commerce Nominee Lutnick Is Backer of Outlaws’ Favorite Cryptocurrency Cantor Fitzgerald holds assets for Tether, the stablecoin used by drug traffickers, terrorists and scammers to move money around the world.

Cantor Fitzgerald is the linchpin of the go-to digital currency of the criminal world. Its CEO is poised to become Commerce secretary.

ProPublica Releases New Private School Demographics Lookup Now you can look up detailed demographic information about thousands of private schools across the country and compare them to nearby public schools.

NEW: Now you can look up detailed demographic information about thousands of private schools across the country and compare them to nearby public schools.

By @cerealcommas.bsky.social, @natlash.bsky.social & @schwanksta.com

The man in charge of social media platforms used by billions should show some moral courage, writes @jemima.bsky.social www.ft.com/content/682c...

Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump An interview with the OpenAI co-founder.

In his most wide-ranging interview as chief executive officer, Sam Altman explains his infamous four-day firing, how he actually runs OpenAI, his plans for the Trump-Musk presidency and his relentless pursuit of AI

Los Angeles Wildfires’ Insured Losses Risk Exceeding $10 Billion Wildfires engulfing swaths of Los Angeles are expected to be one of the nation’s costliest natural disasters, with insurers potentially incurring losses of more than $10 billion.

California already faced an insurance crisis before the Los Angeles fire storm began.

Now, a preliminary estimate from Morningstar DBRS points to insured losses from the fires in excess of $8 billion. And some scenarios could cost insurers more than $10 billion

Dozens of lawmakers beat stock market in 2024: Report The stock portfolios of more than two dozen lawmakers once again outperformed the market as bans on congressional stock trading stalled, according to a new report from the trading trackers at Unusu…

The stock portfolios of more than two dozen members of Congress outperformed the market in 2024.

This isn't due to luck or skill. Lawmakers can use privileged information to trade stocks while they’re supposed to be working for you.

Make no mistake, it’s legalized corruption.

China’s Economy Is Burdened by Years of Excess. Here’s How Bad It Really Is. Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.

www.wsj.com/world/china/...

Donald Trump’s vision to reshape the world’s largest economy through protectionist policies that put 'America First' will damage growth, according to Financial Times economists’ polls that contrast with investors’ bullishness over the US president-elect’s plans. www.ft.com/content/d6f5...

The US’s S&P 500 index has risen more than 20% for the second year in a row, marking its best two-year run of performance this century. www.ft.com/content/b413...

Stocks surged more than 24 percent in 2024, even as Americans fretted over the economy. Of course, you’d never know that from the media coverage during the months leading up to the election.

Elon Musk’s Political Influence Wears Down Global Resistance to Starlink The billionaire SpaceX CEO has the US President-elect’s ear. Governments worldwide are waking up to that power.

NEW: Elon Musk's growing US political influence is causing global resistance to his Starlink satellite network to crumble. Read The Big Take here

US Economy Surprised Again in 2024 Despite Fed, Election Drama Over the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different.

Over the last few years, the US economy has consistently defied expectations for a slowdown, and 2024 was no different.

Everything was going so well.

Global corporate borrowing climbs to record $8tn in 2024 Companies take advantage of huge investor demand to pull forward bond issuance originally planned for next year

Global corporate borrowing climbs to record $8tn in 2024

https://www.ft.com/content/3bb5df0d-f5d6-4360-9a6a-d27dabb3e5a2

Alibaba Is Said to Near $4 Billion Deal With Korea’s E-Mart Alibaba Group Holding Ltd. is nearing a deal to merge its South Korean operations with E-Mart Inc.’s e-commerce platform to better compete in the country’s fast-paced online retail sector, according t...

Alibaba is nearing a $4 billion deal to merge its South Korean operations with E-Mart's e-commerce platform

🎄✨ Merry Christmas from the USA! 🎅❤️

In this cozy festival, may every corner be filled with laughter and festive atmosphere. Whether under the bright lights, or sitting around a table with friends and family, sharing delicious food, Christmas always brings endless joy and warmth. 🌟🎁

CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24% | Common Dreams CEOs at top US companies saw their pay skyrocket by 1,085% since 1978, while typical worker pay only increased by 24%

Do you know how much CEO pay has skyrocketed since 1978?

100%? 500%?

Try 1,085%

Meanwhile, the $7.25/hr fed. minimum wage hasn't budged in 15 years and the tipped min. wage has been $2.13/hr since 1991.

This is what I mean when I say the system is rigged.

Catastrophe-Bond Issuance Pushes Overall Market to Almost $50 Billion Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as insurers transferred more risk from costly climate disasters to private investors.

Catastrophe-bond issuance rose to a record this year, increasing the overall market to almost $50 billion, as insurers transferred more risk from costly climate disasters to private investors

Legacy media is telling us that what we see happening isn't really happening.

Breaking news: The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point but signalled a slower pace of easing next year as it seeks to bring inflation fully under control. www.ft.com/content/500f...

Live news: US stocks close lower as investors exercise caution ahead of Fed meeting News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Live news: US stocks close lower as investors exercise caution ahead of Fed meeting

https://www.ft.com/content/e616c3cc-3854-409e-94a3-13c514a3219f