China Weighs Sale of TikTok US to Musk as a Possible Option

Published on January 14, 2025

Chinese officials are evaluating a potential option that involves Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

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U.S. Workforce Recovery Analysis: December 2024

January 14, 2025
Our monthly workforce recovery analysis has been updated to include the latest employment report for December. The unemployment rate ticked down to 4.1%. Additionally, the number of new non-farm jobs (a relatively volatile number subject to extensive revisions) came in at 256,000.

Wall Street Set for Higher Open on Tariff Report

January 14, 2025
Wall Street was set for a higher open on Tuesday, though a renewed rise in Treasury yields damped the sentiment boost offered earlier by the prospect of gradually imposed US trade tariffs.