Latest in A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
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Biden Administration Ignites Firestorm With Rules Governing A.I.’s Global Spread
The tech industry is fighting new regulations, expected soon, that aim to keep the cutting-edge technology in the United States and allied countries.The New York Times - Jan. 9 -
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UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can’t afford a Bloomberg subscription.
A top U.K. government official told Parliament he can’t afford a subscription to Bloomberg News.MarketWatch - Jan. 9 -
Lebanon elects Joseph Aoun as president after two-year vacancy
Army commander’s election increases confidence that ceasefire with Israel will hold. Lebanon’s parliament has elected the army commander Joseph Aoun as the country’s new president, ending a more ...The Guardian - Jan. 9 -
Climber's remains identified 6 decades after he fell from glacier
The German man has been identified after his bones, including part of a leg, were discovered in western Austria.CBS News - Jan. 9 -
Lebanon finally set to pick a president after two years of trying
Lebanon’s parliament was set Thursday to make yet another effort to elect a president, filling a vacuum that’s lasted for more than two years.NBC News - Jan. 9 -
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New Caledonia Congress elects pro-France president after political crisis
New leader Alcide Ponga says people want a ‘signal of hope’ after turmoil in the French Pacific territory . Weeks after its first ever pro-independence government collapsed, New Caledonia has named ...The Guardian - Jan. 9 -
World Anti-Doping Agency faces crisis after US government withholds funding
US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...The Guardian - Jan. 8 -
UCLA coach Mick Cronin rips Bruins players as 'soft' and 'delusional' after second half collapse vs. Michigan
Cronin didn't hold back after UCLA fell apart in the second half against MichiganCBS Sports - Jan. 8 -
Biden administration eases sanctions on transitional Syrian government after Assad ouster
The Biden administration has eased sanctions blocking transactions with the transitional Syrian government following the ousting of longtime dictator Bashar Assad. The move marks a gesture of ...The Hill - Jan. 7 -
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Hermit guardian of Budelli dies after three decades on paradise island
Mauro Morandi stumbled upon island off Sardinia in 1989 after catamaran broke down. Mauro Morandi, an Italian man nicknamed “Robinson Crusoe” by the media after living alone on a paradise island ...The Guardian - Jan. 7 -
U.S. transfers 11 Guantanamo detainees to Yemen after more than two decades without charge
The Pentagon said Monday it had transferred 11 Yemeni men to Oman this week after holding them for more than two decades without charge at the U.S. naval base in Guantanamo Bay, Cuba.NBC News - Jan. 7 -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
AC Milan win Supercoppa Italiana vs. Inter after a crazy second-half comeback and Christian Pulisic goal
The Rossoneri scored three goals in the second half and won the Supercoppa ItalianaCBS Sports - Jan. 6 -
Chrysler sales have shrunk 80% in two decades. Here's how executives plan to bring the brand back
Once a relatively diversified brand, Chrysler now has only two models, both of them different versions of the same minivan.CNBC - Jan. 6 -
These government workers will benefit after Biden signs new Social Security law
President Joe Biden signed a bill on Sunday that will repeal two laws previously preventing many public employees from receiving Social Security benefits.MarketWatch - Jan. 6 -
Austria's far-right gets chance to lead a government for first time since World War Two
Austrian President Alexander Van der Bellen has asked the leader of the country's far-right Freedom Party (FPÖ) to form a new ruling coalition in what could yield the first far-right-led government ...NBC News - Jan. 6 -
Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6 -
Commanders pull Jayden Daniels in second half vs. Cowboys with NFC playoff seeding still on the line
Washington trailed 9-3 ahead of their first drive of the second half, so they are saving Daniels for the playoffsCBS Sports - Jan. 5 -
Austrian chancellor says he will resign after talks on forming a new government fail
Austrian Chancellor Karl Nehammer says he will resign in the coming days after talks on forming a new government failed a second timeABC News - Jan. 4 -
Austrian Chancellor says he will resign after new government talks fail
Austrian Chancellor Karl Nehammer said Saturday he will resign in the coming days.CBS News - Jan. 4 -
New Orleans attacker fell into extremism after marital and financial woes
Shamsud-Din Jabbar once worked at a major accountancy, but a chaotic family life undermined his stability. Shamsud-Din Jabbar’s descent into religious extremism unfolded over years – but his deadly ...The Guardian - Jan. 4 -
‘It’s buzzing here’: Detroit’s revival takes shape after decades of decay
The tech scene is booming in the US’s largest Black-majority city, with foreign investment and a recent population boost. When the Book Cadillac hotel opened in Detroit a century ago this month, ...The Guardian - Jan. 4 -
Where the next financial crisis could emerge
As the IMF has warned, the rise and rise of private credit brings systemic risksFinancial Times - Jan. 4 -
Trump: Democrats 'giddy' about half-staff flag for inauguration after Carter death
President-elect Trump on Friday blasted Democrats as “giddy” that, at the time of his inauguration later this month, flags are set to be at half-staff to continue honoring the death of former ...The Hill - Jan. 3 -
U.S. Steel stock tumbles to almost half of what Nippon Steel offered after Biden rejection
Investors were betting on a grim future for U.S. Steel after President Joe Biden used his legal authority to block the acquisition by Nippon Steel of Japan on Friday.MarketWatch - 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 -
Two dead after plane hits factory roof near LA
Police say that 18 people were also injured during the incident in Fullerton, California.BBC News - Jan. 3 -
Decades after their deaths, an ex-Florida deputy admitted killing his wife and a store clerk
In August 1979, a Florida sheriff’s deputy told authorities that his wife fatally shot herself at their home south of Tampa.NBC News - Jan. 3 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'
Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...The Hill - Jan. 2 -
5 things we know and still don't know about COVID, 5 years after it appeared
Five years after the virus that causes COVID emerged in China it still holds some mysteriesABC News - Jan. 2 -
A year of two halves: how global financial markets fared in 2024
Good for equities, good for the US, and good for crypto but the year spawned mixed blessings for the UK, China and Europe. Global stock markets climbed in 2024, helped by falling inflation and the ...The Guardian - Jan. 1 -
German government condemns New Year's Eve violence after hundreds of arrests
The German government has condemned incidents on New Year’s Eve in which police officers and firefighters were attacked and injured, mostly with fireworksABC News - Jan. 1 -
Half of Puerto Rico starts the new year in the dark after massive power outage
Puerto Rico suffered the latest in a string of widespread power outages Tuesday that at one point had nearly 1.3 million businesses or homes — most of the island — in the dark.NBC News - Jan. 1
