Adams Unveils a Rosy Election Year Budget, Citing Lower Migrant Costs

Many Americans Doubt Trump’s Ability to Lower Prices in His First Year

A new poll shows only 20 percent of respondents have high confidence in the president-elect’s prospects for reducing the costs of groceries, housing, or health care in 2025.

Inc. - 18h

The Cost of Surviving a Wildfire

Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.

The New York Times - 21h

Treasury yields mostly lower; Morgan Stanley recommends 5-year note based on this contrarian call

U.S. Treasury bond yields were mostly pointing to a fourth day of declines, with disappointing U.K. economic data helping to extend this week’s decline.

MarketWatch - 2h

Eric Adams Heads to Mar-a-Lago to Meet With Trump

The New York mayor, who is under federal indictment, has spoken warmly about President-elect Donald J. Trump in recent weeks and has said he is open to receiving a pardon from him.

The New York Times - 3h

Hastings Masters guards chess tradition and unveils a new 16-year-old star

China’s Xue Haowen began the event without any Fide titles and ended it as a grandmaster, unbeaten on 7/9 and breaking Judit Polgar’s record as the youngest winner. Hastings is the grandfather of ...

The Guardian - 5h

Eric Adams to meet with Trump ahead of his inauguration

New York City Mayor Eric Adams (D) is set to meet with President-elect Trump in Florida on Friday just days ahead of Trump's inauguration next week, according to Adams’s aide. “Tomorrow, Mayor ...

The Hill - 9h

Adams Unveils a Rosy Election-Year Budget, Citing Lower Migrant Costs

The $114.5 billion spending plan anticipated $2 billion less in asylum seeker costs, but also called for an additional $550 million for nonmigrant shelters.

The New York Times - 16h

Just 2 in 10 confident Trump can lower costs in first year: Survey

Only approximately 2 in 10 Americans say they are confident that President-elect Trump can lower costs in his first year in office, according to a new survey from The Associated Press-NORC Center ...

The Hill - 20h

Democrats grill Trump budget pick

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...

The Hill - 1d

U.S. budget deficit swells to record $711 billion in first quarter of fiscal year

The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...

MarketWatch - 2d

Germany's AfD embraces mass deportation of migrants as German election nears

During a party conference Alice Weidel publicly endorsed the mass "return" or deportation of people with a migrant background.

BBC News - 4d

Memories of rosy Christmas fade as UK retailers brace for tough 2025

Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise

Financial Times - 6d

UK government borrowing costs rise towards 16-year high

Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rules

Financial Times - 6d

Constellation Brands’ stock slides as CEO cites ‘uncertainty’ about consumer spending

The parent of the Modelo and Corona beer brands lowered its 2025 outlook, despite third-quarter profit growth.

MarketWatch - Jan. 10

The Costs of the Los Angeles Fires

Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.

The New York Times - Jan. 10

Italy’s luxury wineries rely on illegal migrant workers

Barolo, Barbaresco and other high-end wines made in Langhe region grapple with dependence on undocumented labourers

Financial Times - Jan. 10

Watch live: Senate Democrats unveil priorities for next two years

Senate Minority Leader Chuck Schumer (D-N.Y.) and other top Democrats will hold a press conference Tuesday afternoon to outline top priorities for the next two years. Vice President Harris gaveled ...

The Hill - Jan. 9

Pound falls to lowest in over a year after UK borrowing costs rise

Economists have warned the rise could mean further tax hikes or spending cuts by the government.

BBC News - 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

Lebanon elects army chief as president following two-year deadlock

Lawmakers end stalemate in a sign of Hizbollah’s diminished influence after war with Israel

Financial Times - Jan. 9

UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

Financial Times - Jan. 8

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...

The Guardian - Jan. 8

UK school budgets eroded by spiralling special needs costs, report shows

SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFS

Financial Times - Jan. 8

4 years after Jan. 6 insurrection, Kamala Harris certifies Trump's election win

Lawmakers met on Monday for a joint session of Congress to certify President-elect Donald Trump's 2024 victory.

ABC News - Jan. 7

Canada's Justin Trudeau cites 'internal battles' as he ends nine-year run

In power since 2015, Trudeau said he would resign after a new leader of his Liberal Party is chosen.

BBC News - Jan. 6

Trump cites tariffs in call to merge Canada, US

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump proposes 'merged' US, Canada President-elect Trump on Monday raised the ...

The Hill - Jan. 6

Newsom proposes 'balanced' budget with no deficits

California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...

The Hill - Jan. 6

Harris aims to 'destigmatize' election certification process four years after Jan. 6th attack

Vice President Kamala Harris presides over the election certification after losing to President-elect Trump in November. NBC News Correspondents Garrett Haake, Ryan Reilly and Gary Grumbach discuss ...

NBC News - Jan. 6

Congress certifies Trump's 2024 election win four years after he inspired a riot

Congress certified President-elect Donald Trump’s 2024 election victory, exactly four years after he stirred up a mob that attacked the Capitol on Jan. 6, 2021.

NBC News - Jan. 6

Security precautions in place for election certification, 4 years after Jan. 6 insurrection

Four years after Trump supporters stormed the Capitol to try to stop the certification of Joe Biden's 2020 election win, Congress is certifying Donald Trump's 2024 election victory. CBS News ...

CBS News - Jan. 6

Harris to certify Trump's US election win, four years after Capitol riot

Monday's session in Congress comes on the anniversary of violence by Trump supporters on 6 January 2021.

BBC News - Jan. 6

What to know about the certification of Trump's election win 4 years after Capitol insurrection

Congress is set to certify President-elect Donald Trump's election victory Monday, four years after Trump supporters stormed the Capitol to disrupt the certification of Joe Biden's election win. ...

CBS News - Jan. 6

Congress to certify Trump's election win, 4 years after Jan. 6 Capitol insurrection

Vice President Kamala Harris will preside over the joint session of Congress Monday to tally all electoral votes and certify President-elect Donald Trump's election win. The certification comes ...

CBS News - Jan. 6

UK businesses plan price increases as Budget drives up costs

Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce

Financial Times - Jan. 5

Mayor Adams’s Inner Circle Has Changed. Two New Year’s Photos Show How.

A lot has happened since Eric Adams was sworn into office in Times Square in 2022 flanked by allies who would join his administration.

The New York Times - Jan. 4

5 ways seniors can lower their long-term care insurance costs in 2025

With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.

CBS News - Jan. 3

U.S. Weighs Ban on Chinese Drones, Citing National Security Concerns

The Commerce Department requested that private companies comment on the implications of the rule by March. The final decision will fall to the Trump administration.

The New York Times - Jan. 2