Treasury Secretary Janet Yellen Tackles Disconnect on Biden Polling and Us Economy
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Biden to block all future oil drilling in 625 million acres of US oceans
President Joe Biden's landmark decision falls under the Outer Continental Shelf Lands Act.ABC News - Jan. 6 -
Want to Be More Successful This Year? Science Says Tackle Only 1 Goal at a Time
New year, new you? Absolutely. But research shows that’s much more likely to happen if you make one change at a time.Inc. - Jan. 6 -
China's economy is causing a hangover for spirits giants
Yahoo News - Jan. 6 -
Emeralds for Sale: The Taliban Look Below Ground to Revive the Economy
The Taliban government is counting on Afghanistan’s bountiful gemstone and mineral resources after the loss of billions of dollars in international aid.The New York Times - Jan. 6 -
Biden: Jan. 6 reminds us that democracy 'is never guaranteed'
President Biden said in a Sunday opinion piece for The Washington Post that the Jan. 6, 2021 attack on the U.S. Capitol reminds Americans that democracy “is never guaranteed.” “We should commit to ...The Hill - Jan. 6 -
Burning waste is not the way to move the UK towards a circular economy | Letters
A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design. Half of England’s waste is now being burned, at astronomical expense to local councils (“ ...The Guardian - Jan. 5 -
Biden awards Medal of Honor to 7 US Army veterans
The award is given to those who "distinguish themselves conspicuously by gallantry and intrepidity at the risk of their own lives," according to the White House.ABC News - Jan. 4 -
Biden blocks Japan's Nippon Steel from buying US Steel
Biden decided to scrap the deal despite concerns that it could damage Washington's relations with Tokyo.BBC News - Jan. 4 -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - Jan. 3 -
Biden awards Medal of Honor to 7 US Army soldiers
President Biden on Friday awarded the Medal of Honor to seven U.S. Army soldiers, most of whom received it posthumously for service during the Korean War, in his last ceremony as commander in chief ...The Hill - Jan. 3 -
Biden blocks US Steel sale
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Biden blocks US Steel sale President Biden has announced he will block the sale ...The Hill - Jan. 3 -
U.S. House ushers in a tiny Republican majority to tackle enormous tasks in 2025
A new Congress starts Friday with a long to-do list for Donald Trump’s second term: keeping the government open, raising the debt ceiling, immigration and taxes.NBC News - Jan. 3 -
Biden blocks Nippon Steel’s $15bn takeover of US Steel
Companies threaten legal action in response to outgoing president’s decisionFinancial Times - Jan. 3 -
Labor groups cheer Biden dismissal of US Steel sale as businesses bristle
Labor groups applauded as businesses leveled sharp criticism Friday at the decision by the Biden administration to block the acquisition of steelmaker U.S. Steel by Japanese rival Nippon Steel over ...The Hill - Jan. 3 -
Montenegro to tackle gun control after mass killing left 12 dead
A top-level meeting in Montenegro is looking for ways to curb illegal weapons after a gunman fatally shot 12 people in a second such tragedy in less than three years in the small Balkan countryABC News - Jan. 3 -
Brown hails Biden decision to block Japanese takeover of US Steel
Outgoing Sen. Sherrod Brown (D-Ohio) on Friday hailed President Biden’s decision to block the takeover of U.S. Steel by Japan’s Nippon Steel, a deal that was valued at $14 billion. “The deal was ...The Hill - Jan. 3 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Joe Biden blocks Nippon Steel’s $14.9bn bid to purchase US Steel
President cites national security concerns as he follows through on pledge to keep steelmaker domestically owned. Joe Biden has blocked a $14.9bn bid by Japan’s Nippon Steel for US Steel, ...The Guardian - Jan. 3 -
Biden says he will block US Steel sale to Nippon Steel
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...The Hill - Jan. 3 -
South Korean fire fighters tackle blaze in commercial building in Seongnam
Hundreds of people were rescued or evacuated after a fire broke out at a large commercial building in the South Korean city of Seongnam on Friday, fire officials saidABC News - Jan. 3 -
Streeting denies government is delaying tackling UK social care crisis
Veteran Whitehall troubleshooter Louise Casey to lead review into one of the country’s most intractable political problemsFinancial Times - Jan. 3 -
Can the creative industries add stardust to UK’s stalling economy?
Ministers look to booming sector as wider growth loses momentumFinancial Times - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - Jan. 3 -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - Jan. 3 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - Jan. 2 -
Europe needs to tackle its red tape problem
Complex overlapping rules and burdensome reporting requirements are strangling EU growthFinancial Times - Jan. 2 -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
UK tech secretary backs away from social media ban for under-16s
Peter Kyle had said option was ‘on the table’ after Australia restricted use of sites such as InstagramFinancial Times - Jan. 2 -
Trump’s ‘Maganomics’ will hurt growth, economists tell FT polls
On both sides of Atlantic, most surveyed claim protectionist shift will overshadow benefits of other policiesFinancial Times - Jan. 2 -
Problems with UK economy data could be widespread, warns lawmaker
Meg Hillier highlights damaging consequences of under-investment in key forecasting systemsFinancial Times - Jan. 2 -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2 -
Virginia man had weapons cache, used Biden photo for target practice, prosecutors say
He "expressed support for political assassinations," they said.ABC News - Jan. 1 -
Biden speaks to Puerto Rico Gov, Energy Secretary about power outages
President Biden said he spoke with the governor of Puerto Rico and the energy secretary after a blackout hit nearly all of the island early Tuesday morning. During their talk, Biden offered Puerto ...The Hill - Jan. 1