January 29, 2024

Markets Now January 29, 2024

Analysis: The US is pulling ahead in the economic race with China

The US economy is growing faster than Wall Street expected, markets are soaring higher and inflation is nearing the Fed’s target. It appears that a soft landing, where price rises are tamed and the economy manages to avoid recession, is possible.  
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Pro-Trump network OAN execs may have ‘engaged in criminal activities’ while promoting 2020 election lies, Smartmatic alleges

In the wake of the 2020 election, the president of the far-right network One America News sent a potentially explosive email to former Trump campaign lawyer Sidney Powell, with a spreadsheet claiming to contain passwords of employees from the voting technology company Smartmatic, according to court filings.  
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This year’s Super Bowl tickets are the most expensive ever

The ticket prices for this year’s Super Bowl matchup between the Kansas City Chiefs and San Francisco 49ers might even make billionaire Taylor Swift blush.  
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Airlines add Super Bowl flights with a nod to Taylor Swift and Travis Kelce

The Kansas City Chiefs and San Francisco 49ers are playing each other in this year’s Super Bowl, and airlines are excited about the potential match – that is, Taylor Swift and Travis Kelce.  
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Everybody hates locked-up products. This company says it has a solution

People tend to hate going to a store and finding deodorant, toothpaste, shampoo, cosmetics and other everyday products locked up on shelves behind display cases. Now, some stores are testing a new way to let customers open the locked displays.  
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China limits short-selling in latest effort to stem a stock market rout

China’s top securities regulator has limited short-selling, in its latest effort to stem a protracted $6 trillion-dollar stock market rout that began in 2021.  
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Source: CNN Business

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