The Bank of Korea (BOK) in Seoul on Dec. 28, 2024.Kim Jae-Hwan | Lightrocket | Getty ImagesRisks posed by South Korea’s political turmoil to its economy could subside within half a year, but external pressures owed to possible tariffs on the country’s exports to the U.S. are “troublesome,” a key Bank of Korea official said.”We had two presidential impeachments before, and for both cases, the political turmoil or uncertainties have subsided within three to six months,” Soohyung Lee, Monetary Policy Board member at the Bank of Korea said Thursday on CNBC’s “Squawk Box Asia.”It’s possible that the political turmoil may…
Author: usaeverydaylife
German Chancellor Olaf Scholz welcomes French President Emmanuel Macron before a private dinner at the “Kochzimmer” restaurant in Potsdam outside Berlin, Germany, June 6, 2023.Michael Kappeler | Pool | via ReutersIt’s been a topsy-turvy last year for the euro zone with its largest economies, Germany and France, seeing political and economic turbulence that means neither has a budget in place for 2025.Economists say the trajectory for both countries is worrying, warning that the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe, as a whole.”The situation today is different from…
Discover APRs are accurate as of December 12, 2024. If you want to maximize your rewards, a 5% cash-back card can be a smart addition to your wallet as they often have standard interest rates and no annual fee.The Discover it® Cash Back is one of three Discover cards that can be activated to earn 5% cash back on the first $1,500 in purchases in rotating categories each quarter, then 1%. Discover’s 5% cash-back calendar has previously included everything from grocery stores and drug stores to select streaming services (excludes Walmart and Target purchases). The eligible merchants rotate quarterly, and cardholders…
Breaking habits or forming new ones is hard — and starting on January 1 doesn’t change that.To give yourself the best chance at success, pursue one, manageable to-do at a time, says Michael J. López, a consultant, career coach and author of the upcoming book “Change: Six science-backed strategies to transform your brain, body, and behavior.””You can really only change a couple things at a time,” López says. “My recommendation for the people I coach is start with one goal and give yourself a three-month interval before you add anything new to that.”Let’s say you want to learn a new…
Singapore city skyline on September 18, 2016.Rustam Azmi | Getty Images News | Getty ImagesAustralia stocks opened higher with other Asian markets set to resume trading after New Year’s Day holiday.Australia’s S&P/ASX 200 rose 0.17% at open, while Nikkei 225 Chicago futures were trading at 39,605, lower than the index’s last close of 39,894.54Traders in Asia will also look toward Singapore’s fourth-quarter gross domestic product. The GDP is forecast to have expanded 3.3% from a year ago, according to a Reuters poll.Other economic indicators on tap include China’s Caixin manufacturing PMI for December. Economists anticipate manufacturing activity to come in at…
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | Getty ImagesStock futures were slightly higher as trading got underway for 2025, with hopes that the market can regain the momentum that propelled it to log two-straight years of annual gains above 20%.Futures tied to the Dow Jones Industrial Average rose 67 points, or 2%, while S&P 500 futures added 13 points, or 0.2%. Nasdaq-100 futures rose 56 points, or 0.3%.Although stocks fell in weak trading in the final days…
No. 6 seed Penn State became the first team to earn a spot in the College Football Playoff semifinals with a 31-14 win against No. 3 seed Boise State in the Fiesta Bowl on Tuesday night. The Nittany Lions will meet the winner of Wednesday night’s Notre Dame vs. Georgia game on Jan. 9 in the Orange Bowl with a spot in the national championship on the line.In a game filled with miscues on both sides, Penn State got more big plays from its All-American, tight end Tyler Warren, than Boise State got from Heisman Trophy runner-up Ashton Jeanty. Warren…
The New Year often brings with it visions of a clean slate — an energizing opportunity to start living our best lives. Thanks to what behavioral economists call the “fresh start effect,” this time of year leaves many of us feeling extra optimistic about making real, meaningful changes. Come January 1, we imagine we’ll be ready to tackle those to-do lists, hit our goals, and become the ideal selves we’ve always imagined we could be. Hence the resolutions, diets, and exercise plans.And yet, despite our best intentions, many of us struggle to see New Year’s resolutions through. There’s often a gap…
GLENDALE, Ariz. — For about 15 years, the SEC ruled postseason college football, but so far in 2024 postseason games, the Big Ten has owned the SEC. So much so that Michigan managed to beat Alabama in two different bowl games in the same calendar year.The calendar year began with the soon-to-be-national champion Wolverines beating the Tide in the Rose Bowl. It ended with Penn State clobbering Boise State 31-14 in the Fiesta Bowl on Tuesday night to ensure its conference will claim half of next week’s CFP semifinal field. That’s because Wednesday’s Oregon-Ohio State Rose Bowl is an intra-conference…
Trump International Hotel in Las Vegas, NevadaAndrew Harrer | Bloomberg | Getty ImagesA Tesla Cybertruck burst into flames Wednesday morning just outside the entrance of the Trump International Hotel in Las Vegas, killing one person and injuring several others, according to local officials.The Clark County Fire Department confirmed that it had responded to a vehicle fire in the valet area of the Trump International Hotel at approximately 8:40 a.m. local time.In a news conference, Clark County Fire Department Deputy Chief Thomas Touchstone said that as first responders began to extinguish the fire, they “realized at the same time that there…
