Latest in China Hacked Treasury Dept. in ‘Major’ Breach, U.S. Says
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Major winter storms to wallop two-thirds of U.S., could bring heavy snow and hazardous ice
Most of the eastern two-thirds of the U.S. is expected to bear the brunt of winter storms this weekend through to early next week.NBC News - 3d -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - 3d -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - 3d -
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 - 3d -
U.S. braces for frigid temperatures, snow
Pittsburgh is already seeing snow and freezing temperatures as most of the U.S. prepares for a blast of cold air that promises extreme weather conditions for many Americans. CBS News Philadelphia's ...CBS News - 3d -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - 3d -
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 - 3d -
GOP majority begins 119th Congress with lengthy list of priorities
With newfound control of both chambers of Congress, Republican leaders are touting a list of priorities that they aim to quickly address, like immigration and taxes.CBS News - 3d -
Federal courts won't ask DOJ to probe possible Clarence Thomas ethics breaches
The federal courts will not refer allegations that Supreme Court Justice Clarence Thomas may have violated ethics laws to the Justice Department, the judiciary's policymaking body says.CBS News - 3d -
China Adds to Sanctions of U.S. Defense Contractors Over Taiwan Arms Sales
Beijing sent a fresh warning to President-elect Donald Trump of the tools it can use to protect national interests.The Wall Street Journal - 3d -
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 - 3d -
Driver in Las Vegas Cybertruck explosion identified as U.S. Army soldier, officials say
Authorities say the body found inside the Cybertruck that exploded in Las Vegas was burned beyond recognition the coroner made a positive identification, and the military ID and passport recovered ...CBS News - 3d -
10-year Treasury yield ends not far from 7-month high as new trading year begins
Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.MarketWatch - 4d -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 4d -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - 4d -
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. - 4d -
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 - 4d -
Power is restored to nearly all of Puerto Rico after a major blackout
BAYAMÓN, Puerto Rico — Power was restored to nearly all electrical customers across Puerto Rico on Wednesday after a sweeping blackout plunged the U.S. territory into darkness on New Year’s Eve.NBC News - 4d -
Lenny Randle, ‘Most Interesting’ Major Leaguer, Is Dead at 75
His career was defined by bizarre episodes — blowing a rolling ball foul, knocking down a pitcher and being at bat when the lights went out in New York City.The New York Times - 4d -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - 4d -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - 4d -
‘I was very lucky’: activist and blogger Lu Yuyu on escaping China
Released from prison in 2020 after being jailed for ‘picking quarrels and provoking trouble’, he became increasingly desperate to leave – before seizing his opportunity. As he trekked up the lush ...The Guardian - 4d -
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 - 4d -
Power is restored to nearly all of Puerto Rico after a major blackout
Electric power has been restored to nearly all affected customers across Puerto Rico after a sweeping blackout plunged the U.S. territory into darkness on New Year’s EveABC News - 5d -
The Guardian view on Russia and China: an old friendship poses new threats | Editorial
Over the holidays, this column is looking ahead at the urgent issues of 2025. Today, the expansion of the partnership between Beijing and Moscow. It is almost three years since Xi Jinping and ...The Guardian - 5d -
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - 5d -
Xander Schauffele says U.S. Ryder Cup pay is going to charity and 'we're going to take crap'
The PGA of America voted last month to give the 12 players and captain Keegan Bradley $300,000 to donate to a charity of their choice and a $200,000 stipend.Yahoo Sports - 5d -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - 5d -
Taiwan president welcomes exchanges with China as Xi says no one can stop 'reunification'
Taiwan President Lai Ching-te said he welcomed exchanges with China, but wondered whether there was goodwill from Beijing given what he said was their blocking of simple things like tourism.NBC News - 5d -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - 5d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - 5d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - 5d -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - 5d -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - 5d -
Lenny Randle, major leaguer repeatedly in the spotlight for 12 seasons, dies at 75
Lenny Randle, a big league player for 12 seasons who spoke five languages, performed stand-up comedy, was dubbed “The Most Interesting Man in Baseball” and was suspended for punching his Texas ...Yahoo Sports - 5d -
China's Xi Jinping Nods to 'External Uncertainties' in New Year's Speech
Weeks before Trump takes office, the Chinese leader is seeking to shore up confidence that China’s economy can withstand threats.The Wall Street Journal - 6d