Latest in A delay in GOP’s tax plans could push up costs by hundreds of billions
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Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - 12h -
China’s solar sector could be on course for a glow-up
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottomFinancial Times - 17h -
Senate GOP fears landmines in House could derail Trump's tax agenda
Senate Republicans fear that President-elect Trump’s tax agenda could be derailed in the House by several potential landmines, including calls by some GOP lawmakers to raise corporate taxes and to ...The Hill - 22h -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - 23h -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - 1d -
English counties weigh election delay to pursue devolution plan
13 councils are considering postponing local polls in May, officials sayFinancial Times - 1d -
Half of English county councils could ask to delay elections
The councils want to delay votes to explore new plans to redesign local government in England.BBC News - 1d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 2d -
Trump meets with GOP senators on Capitol Hill to push legislative agenda
President-elect Donald Trump met with Republican senators Wednesday night on Capitol Hill to discuss his "big beautiful bill" and all the pieces of his agenda it could hold. CBS News' Caitlin ...CBS News - 2d -
Tax refund delays still plague millions of Americans, report says
Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.CBS News - 2d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 2d -
Delays fuel GOP blame game over Trump nominees
Trump wanted a flurry of confirmations on Day One. It’s not likely to happen.Politico - 2d -
Gingrich urges Trump, GOP to pass tax cuts in 'one big, beautiful bill'
Former Speaker Newt Gingrich (R-Ga.) encouraged President-elect Trump and Republicans to pass tax cuts as part of a single wide-ranging reconciliation bill, arguing that the GOP’s narrow House ...The Hill - 2d -
New Orleans attacker tried to use high explosive that could have killed hundreds
The bombs Shamsud-Din Jabbar built with the explosive known as RDX would have had devastating effects were it not for an amateurish blunder.NBC News - 2d -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - 2d -
UK delays gene editing plans in push for Brexit reset
Brussels warns that current British plans not compatible with agreement to cut border checksFinancial Times - 2d -
Tax bracket changes could mean your paycheck is slightly bigger in 2025 — here's what to know
Your paycheck could be slightly bigger in 2025 due to IRS inflation adjustments to the federal income tax brackets. Here's what to know.CNBC - 3d -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - 3d -
Indiana serial killer's victims could be identified amid new push
Investigators estimated at least 25 people were buried at Harold Baumeister's estate, based on evidence that included 10,000 bones and bone fragments.CBS News - 3d -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - 3d -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - 4d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - 4d -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - 4d -
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Trump’s tariff plans could devolve into hostile trading blocs, this expert says
President-elect Donald Trump may try to use tariffs to increase U.S. power in the global economy, but they likely will backfire and damage the U.S. economy, said Maurice Obstfeld, the former chief ...MarketWatch - 4d -
UK businesses plan price increases as Budget drives up costs
Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of CommerceFinancial Times - 5d -
Amazon’s satellite project pushes ahead with UK broadband plans
Filings show Kuiper initiative held meetings with MoD as tech group bids to rival StarlinkFinancial Times - 5d -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - 6d -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - 6d -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - 6d -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - 6d -
"Breaking Bad" house up for sale. Here's how much it costs.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.CBS News - 6d -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - Jan. 4 -
JetBlue Fined for Flight Delays. Passengers Could See a Payout
JetBlue is the first airline to be fined for such an offense.Inc. - Jan. 3 -
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 - Jan. 2 -
New Jersey Asks Judge to Delay Congestion Pricing Plan
The state had sued to stop New York’s plan to charge motorists entering Manhattan’s busiest roadways. Late Tuesday night, lawyers requested a temporary restraining order.The New York Times - Jan. 1 -
How tariffs could affect health care costs
{beacon} Health Care Health Care The Big Story How tariffs could affect health care costs President-elect Trump’s proposed tariffs on imports could drastically affect the cost of prescription ...The Hill - Dec. 31