Sean Baker’s ‘Anora’ Takes Top DGA & PGA Awards Prizes On Same Night – How This Could Predict Oscars – Deadline
Sean Baker’s ‘Anora’ Takes Top DGA & PGA Awards Prizes On Same Night – How This Could Predict Oscars – Deadline
Sean Baker’s ‘Anora’ Takes Top DGA & PGA Awards Prizes On Same Night – How This Could Predict Oscars Deadline‘Anora’ Lands Top Prize at PGA Awards (Full Winners List) VarietyDGA Awards: Sean Baker Wins Top Film Prize For ‘Anora’; RaMell Ross Takes First-Time Feature Prize; ‘Porcelain War’, ‘Shōgun’, ‘Hacks’ Among Winners — Full List Deadline
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New Zealander Geary claims hard-fought Vic Open win
New Zealander Geary claims hard-fought Vic Open win
Josh Geary has won the men’s Vic Open by four shots – and was one of three New Zealanders in the top five.
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Wintry mix of sleet, rain, ice storms hit local counties Saturday
Wintry mix of sleet, rain, ice storms hit local counties Saturday
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Rain and a winter mix are moving through the area this evening and a few thunderstorms are possible.
Freezing rain will bring icy conditions for areas under the alerts however higher impact locations will be for those north of Pittsburgh and east in the higher elevations. Light ice accumulation is possible around the city mostly on elevated surfaces. Areas around RT 422 will likely see freezing rain for a couple of hours this evening producing icy conditions and hazardous travel. Snow and a wintry mix up along I-80 and north, expect slick and icy travel as well tonight. Those areas will have the higher travel impacts north of Pittsburgh where up to a tenth of an inch of ice is possible.
The highest icy impacts will be east in the ridges and mountains where up to a quarter inch of ice is possible. Rain around the city and south will be steadiest early this evening, thunder and small hail can’t be ruled out in isolated spots. The bulk of this system will exit by 10 p.m. on Saturday evening.
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Judd Apatow Taunts Trump and Musk During DGA Awards Monologue: “Let’s All Go Super Double Woke” – Deadline
Judd Apatow Taunts Trump and Musk During DGA Awards Monologue: “Let’s All Go Super Double Woke” – Deadline
Judd Apatow Taunts Trump and Musk During DGA Awards Monologue: “Let’s All Go Super Double Woke” DeadlineView Full Coverage on Google News
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Rick Ardon and Susannah Carr: Send in your memories of the iconic news duo to 7NEWS
Rick Ardon and Susannah Carr: Send in your memories of the iconic news duo to 7NEWS
West Australians are being asked to send in their memories of legendary news duo Susannah Carr and Rick Ardon, as they celebrate a record-breaking 40 years of reading the Seven bulletin together.
Ardon and Carr, who did their first broadcast together on January 24, 1985, are the Guinness World Record holders for longest serving news anchor duo, an achievement ratified in 2022.
To mark the 40-year anniversary, viewers can submit stories and memories of Carr and Ardon at 7news.com.au, some of which would be shared on TV or in print
Seven West Media chairman Kerry Stokes AC lead tributes for the duo as they marked their milestone moment.
Their historic achievement is unmatched anywhere in the world and not only speaks to their unwavering dedication to journalism but also the deep connection they have forged with the WA community.
“Since their first bulletin together in 1985, Rick and Susannah have become household names, proving themselves as the trusted source of news for generations of Western Australians,” Mr Stokes said.
“Over the decades their incredible partnership has earnt the trust and loyalty of their viewers, ensuring 7NEWS has remained Perth’s number one nightly bulletin.”
Seven West Media WA chief executive Maryna Fewster thanked the pair for their dedication, professionalism and passion
“Rick and Susannah have been a constant source of trust and reliability in the Seven newsroom and in the homes of people across this State,” Ms Fewster said.
“This is an incredible milestone and through decades of so much change, they have remained the familiar faces and voices that our viewers have relied on every night.
“Thank you for your exceptional commitment, and for making history with us for 40 incredible years.”
Reflecting on her journey so far, Carr said it had been an honour to have been part of people’s lives for four decades,
“I’m reminded everyday by people I meet in the community,” she said.
“From celebrating major milestones to delivering heartbreaking news, I’ve had the privilege of sharing these moments with our viewers. I’m excited to continue bringing the stories that matter to WA.”
Ardon said it was the pair’s accuracy which had driven their credible reputation.
“I’m so very proud of the work Susannah and I have done over the years to bring trusted and accurate news to the people of Western Australia,” he said.
“We’ve witnessed so many significant moments in history together and there’s plenty more to come.”
7NEWS Perth director Ray Kuka said the pair’s success came after decades of support from the Western *********** community.
“When big stories break, WA turns to Rick and Sue to tell the story,” he said.
“We’ve seen it during every major news event over four decades now. They have made history while telling the stories creating history.
“Their influence extends beyond the screen as Rick and Sue provide incredible leadership and mentorship to the wider 7NEWS team.”
The West ***********’s Ben Harvey sat down for an extended interview with the pair, with a half-hour TV special scheduled to air on Seven at 7pm on February 26.
Visit to share your memories and celebrate Rick and Sue’s historic milestone.
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Trump says he has spoken to Putin about ending war in Ukraine, the New York Post reports
Trump says he has spoken to Putin about ending war in Ukraine, the New York Post reports
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(Reuters) – U.S. President Donald Trump said that he has talked to Russian President Vladimir Putin on the phone to discuss an end to the war in Ukraine, the New York Post reported late on Saturday.
In an interview aboard Air Force One on Friday Trump said that he had “better not say,” when asked how many times the two leaders have spoken.
“He (Putin) wants to see people stop dying,” Trump told the New York Post.
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Neither the Kremlin nor the White House immediately responded to Reuters’ request for comment outside business hours.
In late January, Kremlin spokesperson Dmitry Peskov said that Putin is ready to hold a phone call with Trump and Moscow is waiting for word from Washington that it is ready too.
On Friday, Trump said he would probably meet Ukrainian President Volodymyr Zelenskiy next week to discuss the end of the war.
The war, which began with Russia’s full-scale invasion of Ukraine, will mark its third anniversary on February 24. Thousands of people, the vast majority of them Ukrainian, have been killed during the conflict.
Trump told the New York Post that he has “always had a good relationship with Putin” and that he has a concrete plan to end the war. But he did not disclose further details.
“I hope it’s fast,” Trump said. “Every day people are dying. This war is so bad in Ukraine. I want to end this damn thing.”
(Writing by Lidia Kelly in Melbourne; Additional reporting by Nilutpal Timsina in Bengaluru; Editing by Saad Sayeed)
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'Trump is greatest friend Israel has ever had,' Netanyahu says in exclusive interview – The Jerusalem Post
'Trump is greatest friend Israel has ever had,' Netanyahu says in exclusive interview – The Jerusalem Post
‘Trump is greatest friend Israel has ever had,’ Netanyahu says in exclusive interview The Jerusalem PostNetanyahu praises Trump’s as Israel’s ‘greatest friend’ to ever be president The HillNetanyahu told U.S. officials war could end if ****** leaders go into exile: sources AxiosBenjamin Netanyahu praises Trump’s Middle East shift, says President is country’s ‘greatest friend’ Fox NewsNetanyahu Will Return to Israel a New Man on the Wings of Trump’s Verbiage Haaretz
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The ultimate Thai Island travel hack
The ultimate Thai Island travel hack
Ian Neubauer reveals a secret
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Among the Best FMCG Stocks to Buy According to Hedge Funds
Among the Best FMCG Stocks to Buy According to Hedge Funds
We recently published a list of 12 Best FMCG Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Altria Group, Inc. (NYSE:MO) stands against other best FMCG stocks to buy according to hedge funds.
Consumer staples refer to essential daily-use products such as packaged food, toothpaste, and dish detergent. These products often run out quickly off the supermarket shelves and are considered “defensive” because consumers continue to purchase these necessities even during economic downturns. Moreover, consumer staple companies are mostly mature dividend payers.
On December 10, 2024, Ben Shuleva, Fidelity Sector Portfolio Manager shared his outlook for the sector in a report published on Fidelity Investments. The consumer staples sector had a positive year but lagged behind the broader market due to investors favoring higher-growth stocks. The high interest rates and concerns about GLP-1 weight-loss drugs affecting food consumption also impacted performance negatively. However, despite these challenges, the sector still posted strong absolute gains. Compared to the S&P 500 index the consumer staple sector gained 16.7% on a year-to-date basis as of December 9, whereas the S&P 500 index gained 26.9% during the same time.
READ ALSO: 12 Undervalued Cyclical Stocks to Buy Right Now and 10 High Growth Financial Stocks To Invest In.
Ben Shuleva from Fidelity Investments anticipates a return to normalcy for the consumer staples sector in 2025. He suggests this based on a broadly stable economic environment with healthy employment and steady real wage growth. In addition, the Fed is expected to begin cutting interest rates, which could boost dividend-paying stocks. Lastly, consumer spending has remained strong and is expected to remain resilient in 2025, thereby indicating positive sales growth for the sector. Shuleva anticipates that these factors will lead the sector to outperform the broader market in 2025. However, there could be a few uncertainties that could hamper the growth trajectory. The new presidential administration may introduce changes in tariff policies, which could affect certain consumer staples products. Although most consumer staples are manufactured domestically, so the direct impact of tariffs might be limited. Moreover, a strengthening US dollar can negatively affect consumer staples companies with international operations by reducing their foreign earnings when converted back into dollars. Shuleva emphasizes focusing on core fundamentals when investing in consumer staple companies, such as those operating in favorable market structures and maintaining strong underlying growth profiles.
Story Continues
To complete the list of the 12 best FMCG stocks to buy according to hedge funds, we used the Consumer Staples Select Sector SPDR Fund and Vanguard Consumer Staples ETF. We selected pure-play Fast-Moving Consumer Goods-producing companies from the holdings of these two ETFs and ranked them in ascending order of the number of hedge funds that held stakes in them at the close of the third quarter. The number of hedge funds was sourced from Insider Monkey’s third-quarter 2024 database.
Why do we care about what hedge funds do? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
Is Altria Group, Inc. (MO) the Best FMCG Stock To Buy According to Hedge Funds?
A close-up of an assembly line with a blend of tobacco products.
Number of Hedge Fund Holders: 32
Altria Group, Inc. (NYSE:MO) is a tobacco company based in Virginia. The company produces a range of products related to tobacco and nicotine. It runs famous ********** brands including Marlboro and Parliament, and has also started producing smoke-free alternatives to align with the dropping smoking rates around the world. During the fiscal fourth quarter of 2024, the company announced that its US smoke-free volumes have increased by 2.6% from its 2022 base volume of 800 units. Management aims to grow the volumes by at least 35% by 2028.
On January 31, Matthew Smith an analyst at Matthew Smith reiterated a Buy rating on the stock, while maintaining the price target of $60. Altria Group, Inc. (NYSE:MO) surpassed analysts’ expectations with its recent fiscal fourth quarter results for 2024. The company delivered revenue of $5.11 billion up 1.63% year-over-year, beating expectations by $59.6 million. Management attributed this growth to a strong performance from its leading brands and also noted margin expansions within its core tobacco business. Altria Group, Inc. (NYSE:MO) is one of the best FMCG stocks to buy according to hedge funds.
Ashva Capital stated the following regarding Altria Group, Inc. (NYSE:MO) in its Q3 2024 investor letter:
“At Ashva Capital, our focus on intrinsic value–rather than market sentiment or temporary price metrics– sets our portfolio apart from peers. For example, we hold Altria Group, Inc. (NYSE:MO), which has demonstrated resilience and strong performance within our portfolio, particularly following a robust Q3 earnings report. Altria’s results highlighted increased demand for smokeless products, underscoring both the adaptability of its business model and its long-term growth potential—a key factor in our investment decision.
Overall, MO ranks 12th on our list of best FMCG stocks to buy according to hedge funds. While we acknowledge the potential of MO to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than MO but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap
Disclosure: None. This article is originally published at Insider Monkey.
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Sony’s response to PlayStation Network outage – Polygon
Sony’s response to PlayStation Network outage – Polygon
Sony’s response to PlayStation Network outage PolygonPlayStation Servers Down For 20 Hours—But Some Players Say They’re Back Online ForbesPlayStation Network outage live updates – PSN is back after a massive disruption TechRadarPlayStation’s daylong global outage disrupted the online gaming economy and knocked Sony’s stock Business InsiderSony PlayStation Network Outage Hits Thousands of Online Gamers Bloomberg
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WA election 2025: Liberal double act hits the campaign trail as Mettam and Zempilas share spotlight
WA election 2025: Liberal double act hits the campaign trail as Mettam and Zempilas share spotlight
After a week spent fielding questions about Basil Zempilas, Liberal leader Libby Mettam shared the spotlight with her best known candidate on Sunday.
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Scrapping the licence fee will force the BBC to excel
Scrapping the licence fee will force the BBC to excel
I have always argued that Britain deserves a national public broadcaster fit to showcase to the world the best of Great Britain.
We produce some of the finest talent there is. From the film and television industry, to theatre, sport and news broadcasting – British excellence can and should be broadcast.
Yet it is fair to ask whether the public broadcaster is fit for purpose. Could the concept be improved? Is the funding model sustainable? Does there need to be more scrutiny of impartiality?
One of the most disturbing developments is the increasing politicisation of the BBC. For a football pundit, on a taxpayer-funded salary of £1.3 million, to rant about immigration policy on social media and compare it to “Nazi Germany”, is unacceptable. Not only was such an episode outrageous, but it tested the public’s patience and detracted from all the good work the BBC can do.
Take the sports coverage the BBC airs. This includes all kinds of pursuits from grassroots rugby to indoor bowls.
The boffins at other media networks may think giving airtime to these various sporting codes is commercially unviable, which is entirely their prerogative as the pursuit of profit defines all they do. But a sport can only grow if it can be promoted, and that entails it being seen. A public service broadcaster can meet this need.
The Wimbledon championships, broadcast around the world, epitomise this. The sporting talent, the insightful commentary, the strawberries and cream, and the Wimbledon whites are a fixture of the English summer and are wonderfully showcased by the BBC.
Wimbledon was first televised on the BBC in 1937 and has been so ever since, making the tournament the longest-running partnership between a sporting event and broadcaster.
And what about the joy of listening to the BBC’s Test Match Special? Listeners receive hours of information and entertainment thanks to a charming mix of humour and expert analysis.
The promotion of the British countryside and rural living is also a great BBC endeavour. Programmes like Countryfile, Landward, and Springwatch all celebrate our natural world. Meanwhile, Farming Today remains important for those of us with an interest in agriculture.
All of this is exported around the world. So, too, is the BBC World Service, which provides a trusted news source to places which crave just that.
The BBC is capable of world-class work, but that doesn’t mean a discussion about future funding is not needed.
In a technologically savvy world, where most have a smartphone in their pocket or multiple devices in the one household, the appetite to consume content has increased. New entrants in the market have soaked up this demand in the form of streaming services.
Yet according to the latest Westminster speculation, Culture Secretary Lisa Nandy is now thinking of slapping the licence fee on people who never view live TV and only watch the likes of Netflix or Disney+.
A new report, “Outdated, Outpaced and Out of Touch”, from Defund the BBC, suggests that the Corporation finds itself at a critical juncture, perhaps facing an “adapt or die” moment.
Increasingly the taxpayer questions the value in continually pumping money into a BBC which does not reflect their viewing habits. The TV licence is, for all intents and purposes, another tax many are unenthusiastic about paying.
So how can we guarantee “our” BBC and enhance the product on offer for Britons in a world of endless technological disruption? The BBC has enough talent to be able to compete fairly in today’s streaming world.
Surely the final destination must be a BBC which reflects the expectations of the public in both value and product, and above all, offers British excellence. For only then will it survive for another century and beyond.
Sir John Hayes is MP for South Holland and The Deepings. He is the chairman of the Common Sense Group of Conservative MPs
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Do Gamers Actually Want Longer Games or Just Better Ones?
Do Gamers Actually Want Longer Games or Just Better Ones?
PlayStation Network is now fully back online after a nearly 24-hour outage that disrupted a wide range of services. The issue started on February 8, 2025, at 5:00 AM and significantly impacted the PlayStation ecosystem. Sony has confirmed that all services are restored, and users should no longer face any problems accessing online features.
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NIH cuts put medical research at risk, scientists say, raising concerns at UC and elsewhere – Yahoo
NIH cuts put medical research at risk, scientists say, raising concerns at UC and elsewhere – Yahoo
NIH cuts put medical research at risk, scientists say, raising concerns at UC and elsewhere YahooTrump Administration Cuts Put Medical Progress at Risk, Researchers Say The New York Times
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Saturday Lotto: Ten West Aussies have taken home over $12,000 and two Australians hit the jackpot
Saturday Lotto: Ten West Aussies have taken home over $12,000 and two Australians hit the jackpot
Ten lucky West Aussies were among the 51 people who took home the division two prize in the Saturday Lotto.
They will each pocket $12,313.85 after correctly guessing five winning numbers and one supplementary number.
Only two Australians were lucky enough to correctly guess all six winning numbers, taking out the division one prize of $2,599,857.
An additional 999 Lotto players took out the division three prize, pocketing nearly $1000 each.
LotteryWest will draw the results for Set for Life next, and players could win 20k a month for 20 years.
Coming up on February 15, West Australians will have the chance to enter the Saturday Superdraw.
This is a super-sized Saturday Lotto where players have the chance to win a share in the $20 million division one prize pool.
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Scientists make concerning discovery about health impacts of common pesticide: ‘Every tissue is compromised’
Scientists make concerning discovery about health impacts of common pesticide: ‘Every tissue is compromised’
Pesticides have long been used in farming to protect crops from voracious critters that can decimate yields. However, the harmful chemicals they contain do more than kill the bad bugs.
What’s happening?
According to a study from Queen Mary University of London published in the Science of the Total Environment journal, the neonicotinoid pesticide clothianidin has a devastating impact on bees.
Exposure can lead to issues in the brain, legs, and kidney-like tissues, with varying effects leading to severe consequences. Researchers found that 82% of gene activity changes following exposure were tissue-specific.
“Seeing impacts of pesticide exposure across the body helps to explain the multi-faceted problems that exposed bees have, from impaired movement to reduced learning ability and compromised immunity,” professor Yannick Wurm said.
Study co-author Federico López-Osorio observed that typical risk assessments for pesticides don’t take into account the serious health impacts on crucial pollinators, specifically regarding tissue function.
“We apply pesticides without fully understanding their effects on beneficial insect pollinators,” study lead author Alicja Witwicka said. “Our findings show that every tissue is compromised in ways that undermine its vital role, which is why the effects are so devastating and widespread.”
Watch now: Here’s why your morning cup of coffee might be at riskWhy are bees important?
The Food and Agriculture Organization of the United Nations noted that a third of the world’s food production depends on bees.
In addition to threats from pesticides, bees also have to contend with habitat loss due to urbanization, intensive agricultural activity, air pollutants, and the impacts of a warming climate. The latter two issues are exacerbated by human-caused pollution, which releases particulate matter into the air and traps heat in the atmosphere.
While a lack of pollinators negatively impacts the food supply, bees are also essential for various plants that are vital for medicines and livelihoods. The wider ecosystem is also at risk of collapse without healthy bee populations, which are on the decline.
What can be done to protect bees?
Rethinking pesticide use is a good place to start. Governments and environmental protection organizations have imposed restrictions or bans on certain pesticides, which also harm humans. Meanwhile, scientists are working on less harmful alternatives to use in the agricultural sector and developing “vaccines” against pesticides for bees.
We can also try not to spray pesticides in our gardens. There are plenty of chemical-free ways to keep the bad bugs at bay, including trap crops, companion planting, and sprays containing hot pepper and lemongrass oil.
Meanwhile, bee hotels can provide a safe habitat for the pollinators, and native plants can encourage them to visit your yard.
Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.
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Trump says he’s spoken with Putin as Russia’s war in Ukraine approaches third anniversary – CNN
Trump says he’s spoken with Putin as Russia’s war in Ukraine approaches third anniversary – CNN
Trump says he’s spoken with Putin as Russia’s war in Ukraine approaches third anniversary CNNTrump reveals he’s spoken with Putin by phone, says Russian president ‘wants to see people stop dying’ in Ukraine war New York Post Trump plans to meet with Zelenskyy as he looks to end Ukraine war Fox NewsUS Prepared to Ramp Up Sanctions on Putin: Trump’s Ukraine-Russia Envoy NewsweekUS updates: Trump says he’s spoken with Putin about Ukraine DW (English)
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Ecuador president set for poll win on security promises
Ecuador president set for poll win on security promises
Daniel Noboa, who says his security measures and the military have reduced violent deaths, is expected to retain office in Ecuador’s presidential election.
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China to roll back clean power subsidies after *****
China to roll back clean power subsidies after *****
BEIJING (Reuters) – China’s top economic planning agency said on Sunday it was taking steps to scale back subsidies for renewable energy projects after a ***** in solar and wind power installations.
China broke its own records for new solar installations in 2024 with installed capacity up 45% from the previous year. China now has almost 887 GW of installed solar power, more than six times the capacity of the United States, according to data from the International Renewable Energy Agency.
The surge in installations meant China hit its 2030 target six years ahead of schedule, underscoring the speed of its clean energy rollout at a time when President Donald Trump has pulled the United States out of the Paris climate deal for a second time and pledged to make it easier to drill for oil and gas.
China’s National Development and Reform Commission (NDRC) said together with China’s energy administration it had issued “market-oriented” changes to policies intended to encourage clean energy projects.
The NDRC said China’s clean energy capacity of all kinds had reached more than 40% of the economy’s total energy generation capacity, in part because of the support of a system that guaranteed prices for renewable energy sold to the grid.
“The cost of new energy development has dropped significantly compared to earlier stages,” the NDRC said in a statement.
The agency said any new projects completed after June this year would face payments for electricity based on “market-based bidding”.
The NDRC said it expected there would be no impact on the price for residential users and farming and that power prices would be “basically the same” for industrial and commercial operations after the change took effect.
The NDRC said it would work with local governments across China on the implementation of the plan. It did not provide details of the pricing formula it would introduce.
Less generous subsidies for new solar farms could add pressure on China’s solar industry, where overcapacity relative to global demand has sent prices for solar panels plunging and threatened to drive smaller producers into bankruptcy.
(Reporting by Kevin Krolicki and Liangping Gao; Editing by Jacqueline Wong)
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Jimmy Butler shows early chemistry with Stephen Curry in encouraging Warriors debut: 'I get the easy job' – CBS Sports
Jimmy Butler shows early chemistry with Stephen Curry in encouraging Warriors debut: 'I get the easy job' – CBS Sports
Jimmy Butler shows early chemistry with Stephen Curry in encouraging Warriors debut: ‘I get the easy job’ CBS SportsDubs tout Butler’s impact in debut: ‘He’s a force’ ESPNSteph makes timely return to form in Warriors’ win over Bulls Yahoo SportsJimmy Butler Debut Highlights NBA.ComOn Jimmy Butler providing a more balanced attack by keeping opponents off balance Golden State of Mind
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9yo fighting for life after nearly drowning in backyard pool
9yo fighting for life after nearly drowning in backyard pool
A nine-year-old girl is fighting for her life after her unconscious body was pulled out of a backyard swimming pool.
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China’s consumer inflation at 5-month high, producer deflation persists
China’s consumer inflation at 5-month high, producer deflation persists
China’s consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending and weak factory activity.
Deflationary pressures are likely to persist in China this year, analysts say, unless policymakers can rekindle sluggish domestic demand, with tariffs by U.S. President Donald Trump on ******** goods adding pressure on Beijing to spur growth in the world’s second-largest economy.
The consumer price index rose 0.5% last month from a year earlier, quickening from December’s 0.1% gain, data from the National Bureau of Statistics showed on Sunday, above the 0.4% rise estimate in a Reuters poll of economists.
Core inflation, excluding volatile prices for food and fuel, sped up to 0.6% in January from 0.4% the previous month.
Although consumer prices are expected to rise gradually, producer prices are unlikely to return to positive territory in the short term as overcapacity in industrial goods persists, said Xu Tianchen, senior economist at the Economist Intelligence Unit.
“If measured by the GDP deflator, it will still take a few quarters to get out of deflation, ” Xu said.
The numbers were skewed by seasonal factors, as the Lunar New Year, China’s biggest annual holiday, began in January this year versus February last year. Typically, prices rise as consumers stockpile goods, particularly food for big family gatherings.
Prices of airplane tickets rose 8.9% from a year earlier, tourism inflation was 7.0% and movie and performance ticket prices rose 11.0%.
Consumer spending reports over the holidays were mixed, reflecting worries over wage and job security.
While ******** flocked to movie theatres and spent more on shopping, catering and domestic travel, per capita spending during the holidays grew by only 1.2% from a year earlier, versus a 9.4% rise in 2024, analysts at ANZ estimated.
CPI edged up 0.7% in January from the previous month, below the forecast 0.8% rise and compared with an unchanged outcome in December.
For 2024, CPI rose 0.2%, in line with the previous year’s pace and well below the official target of around 3% for last year, suggesting inflation missed annual targets for the 13th straight year.
China’s provinces have announced 2025 economic growth targets with the average of target prices below 3%, showing that policymakers are anticipating changes and pressures on the price level, said Bruce Pang, adjunct associate professor at CUHK Business School.
China’s manufacturing unexpectedly contracted in January, while services activity weakened, keeping alive calls for more stimulus. Beijing is widely expected to retain its economic growth forecast of around 5% this year, but fresh U.S. tariffs will put stress on exports, one of the few bright spots in the economy last year.
The producer price index declined 2.3% on year in January, matching December’s drop and deeper than the forecast 2.1% fall. Factory-gate prices have remained deflationary for 28 straight months.
The government is not expected to change monetary or fiscal policy before the annual parliament session in March, said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management.
“For policymakers, external uncertainty seems to rank higher than domestic economic challenges at this stage,” Zhang added.
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Games Forgotten to Time – Revisiting the 3D Robot Fighting Game Zero Divide
Games Forgotten to Time – Revisiting the 3D Robot Fighting Game Zero Divide
Ken McKown writes: The From A to Z series lets our editors go back and take a look at games from past generations that are classics, overlooked gems, or just titles they remember fondly. The idea behind this is to pick five games from each letter of the alphabet, once a week to showcase. This delivers 26 weeks and 130 games to talk about. Hopefully it sparks some conversation, and of course plenty of memories.
Our first series will focus on Sony’s first entry into the console business, the PlayStation.
Let’s continue with the letters “X,Y,Z, and #”.
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Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations – Fox News
Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations – Fox News
Russ Vought, tapped as CFPB’s acting director, directs bureau to issue no new rules, stop new investigations Fox NewsOMB head Russell Vought takes over as CFPB as acting head, DOGE team deletes X account CNN
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#Russ #Vought #tapped #CFPB039s #acting #director #directs #bureau #issue #rules #stop #investigations #Fox #News
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Fast-moving winter storm is bringing snow, sleet and ice to Midwest, then the Northeast – CNN
Fast-moving winter storm is bringing snow, sleet and ice to Midwest, then the Northeast – CNN
Fast-moving winter storm is bringing snow, sleet and ice to Midwest, then the Northeast CNNOver 90 million Americans on alert for snow, icy weather ABC NewsWinter storm live tracker: Snowfall maps, current alerts, weather warnings, ice forecasts and more Fox Weather More Snow? Third Winter Storm To Hit Midwest, East The Weather Channel
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#Fastmoving #winter #storm #bringing #snow #sleet #ice #Midwest #Northeast #CNN
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