'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

Elon Musk, Vivek Ramaswamy call remote work a 'Covid-era privilege.' It's here to stay, economists say

Economists say the work-from-home trend, which was widespread during the pandemic, won't diminish to its pre-Covid level since it's profitable for employers.

CNBC - 12m

One New Year’s Resolution for Every N.B.A. Team

For some franchises, spicing up the trade deadline is the primary objective, a columnist for The Athletic writes.

The New York Times - 1h

Mortgage rates inch up to start the year at a near six-month high. Will the housing market become more affordable in 2025?

The 30-year mortgage rate averaged at 6.91%, Freddie Mac said in its latest weekly survey on Thursday.

MarketWatch - 1h

‘The only thing you need is your own mind’: how to start meditating

Meditation isn’t about perfectionism or blocking thoughts, experts say – the goal is to develop ‘a balanced awareness’. Everyone has to start somewhere. In this new column, experts give advice ...

The Guardian - 1h

Sanders gets Finance perch to push Social Security, Medicare expansion, tax reform

Sen. Bernie Sanders (I-Vt.), who supports expanding Social Security and Medicare and raising taxes on the wealthy, will get a seat on the Senate’s powerful Finance Committee, which has jurisdiction ...

The Hill - 1h

Aaron Rodgers expresses gratitude to Jets, says time with New York has been 'the best two years of my life'

Rodgers, 41, is choosing to focus on the positives with his NFL days dwindling

CBS Sports - 1h

Only UK's fourth warmest year ever – but which weather records were broken in 2024?

Tomasz Schafernaker looks back at this year's UK weather - from record breaking heat to red warnings.

BBC News - 2h

FirstFT: Trump’s protectionist policies will hurt global growth, economists warn

Also in today’s newsletter, ‘terrorism’ in New Orleans and the business trends to watch in 2025

Financial Times - 7h

Get your house in order, Europe — or face 'ongoing decline,' economists warn

Economists say the absence of growth, fiscal imbalances and political intransigence could lead to decline and a loss of standing for Europe as a whole.

CNBC - 12h

During the holidays, reports of domestic violence surge. But what if next year could be different? | Frances Ryan

Labour has promised to halve violence against women. As another year of grim statistics beckons, that’s a speck of hope worth grasping. There is a classic Christmas episode of EastEnders in which ...

The Guardian - 12h

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 policies

Financial Times - 13h

Rebels Easily Toppled Syria’s Army. Their Challenge Now: Rebuilding.

The rebels’ path to victory is littered with evidence of Syria’s defeated military. It also reflects the sizable task of trying to put the country back together.

The New York Times - 21h

Gaza Cease-Fire Deal Likely to Elude Biden

Talks between Hamas and Israel have hit an impasse in recent days, Arab mediators said.

The Wall Street Journal - 1d

Roy hails Musk, Ramaswamy influence on spending as Hill GOP looks toward cuts

Politico - 6d

Politicians Want to Make New York Affordable. They Mean It This Time.

With voters anxious about the cost of living, politicians are eager to show how they are trying to help alleviate the crisis.

The New York Times - 2h

Drunken officer freed suspects to celebrate New Year, Zambian police say

Yahoo News - 3h

Here's what to know about Medicare's new spending cap

This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.

CBS News - 3h

What to expect in 2025 if economist forecasts are as bad as usual

Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.

MarketWatch - 4h

Gold set to rally further this year, say Wall Street banks

Yellow metal expected to continue to benefit from buying by global central banks

Financial Times - 13h

Officials Trying to Determine if New Orleans Suspect Had Ties to Terrorist Groups

U.S. officials have warned that the conflict in Gaza and Lebanon could spill into the United States, most likely in the form of small radicalized groups acting on their own initiative or lone-wolf ...

The New York Times - 18h

'No-one can replace Saka' - but Nwaneri, 17, gives Arsenal hope

With Bukayo Saka out until March, 17-year-old Ethan Nwaneri shows glimpses against Brentford to give Arsenal hope.

BBC News - 20h

FBI says it foiled possible attack against pro-Israel group Aipac

Man accused of traveling to offices in Florida with intention of ‘killing, injuring, harassing and intimidating’. FBI agents say they have foiled a possible attack on a US pro-Israel group ...

The Guardian - 22h

Colts' Anthony Richardson says he 'couldn't even stand up' due to injury, has battled back issues for years

The second-year quarterback sat out Week 17

CBS Sports - 23h

Here are 9 states cutting their individual income taxes on Jan. 1

Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.

CBS News - 1d

U.S. beats Canada, wins group at world juniors

The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.

ESPN - 1d

FBI disrupts alleged plot against pro-Israel U.S. group

Authorities said the Florida man arrested in the alleged plot had three firearms, including an AR-style rifle, with him when law enforcement stopped the vehicle he was in.