Economy

• Friday's jobs report will be delayed because of the partial government shutdown - Following last year's record shutdown, the BLS also was forced to delay a number of its releases.
• China's factory activity grows at fastest pace since October, private survey shows, beating official reading - The RatingDog China General Manufacturing PMI, rose to 50.3 in January from 50.1 the previous month, in line with analysts' expectations in a Reuters poll.
• As American retail store anchors fade, private clubs are taking over more commercial real estate - Affluent consumers are key to retail centers as the K-shaped economy hits lower-end shoppers hard, and that's leading the private club concept to more cities.
• India's finance minister projects modest fiscal consolidation in budget - Nirmala Sitharaman sees small improvements in fiscal deficit and debt-to-GDP ratio
• Everything you need to know about Kevin Warsh, Trump's pick to lead the Federal Reserve - Kevin Warsh, a former Fed governor, has emerged as Donald Trump’s pick to lead the Federal Reserve. Here’s his background, views and why it matters.
• Trump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome Powell - Federal ReserveTrump nominates Kevin Warsh for Federal Reserve chair to succeed Jerome PowellPublished Fri, Jan 30 20266:52 AM ESTJeff Cox@jeff.cox.7528@JeffCox
• Scenic trains, cruises and concerts: China’s new plan to get consumers spending again - China rolled out a new work plan to boost services consumption as stimulus measures to boost households spending on goods have so far done little to lift demand.
• Trump reportedly says 'very dangerous' for UK to do business with China as Starmer looks to mend ties - Starmer is on a 4-day visit to China this week, the first trip by a British leader in eight years, signaling an attempt at resetting the bilateral ties.
• Trump says he will announce a replacement for Powell as Fed chair Friday morning - President Donald Trump said Thursday that he will be naming his pick Friday for the new Federal Reserve chair.
• Small cap stocks overdue for 'outperformance,' says wealth advisor - STORY: "We're overdue for some big, big, big small cap outperformance," said Diton, adding that lower rates are "great" for small cap stocks.Diton also said he prefers the S&P SmallCap 600 to the Russell 2000 Index.