Latest in Kamala Harris backs smaller rise in capital gains taxes than proposed by Biden
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Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 9h -
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Is the recent uptick in inflation cresting? Wholesale prices posts smaller-than expected increase.
Wholesale prices in the U.S. rose modestly in December in a reprieve from a string of elevated inflation in the final months of 2024 that have likely put off any further reductions soon in interest ...MarketWatch - 17h -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - 1d -
Biden administration proposes new restrictions on AI chip exports
The proposal is raising concerns with the chip industry, with artificial intelligence leader Nvidia calling it "misguided."CBS News - 1d -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - 2d -
Kamala Harris Shares a Trump-less Photo of Presidents at Jimmy Carter’s Funeral
Pictures shared on social media by the vice president and by the Carter Center prominently showed other past presidents in attendance.The New York Times - 3d -
European football: Harry Kane back with penalty winner for Bayern Munich
His 15th league goal of season keeps Bayern clear at top In Serie A, Atalanta miss chance to go level with Napoli Harry Kane netted a penalty to give Bayern Munich a 1-0 victory at Borussia ...The Guardian - 3d -
Supreme Court takes up Biden's proposal to expand relief for borrowers defrauded by schools
The Supreme Court decided Friday to take up the Biden administration’s appeal defending its proposal to ease applications for the Borrower Defense student debt relief program. In a brief order, ...The Hill - 4d -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - 4d -
Biden extends temporary protections for more than 800,000 immigrants
US president moves to shield roughly 230,000 Salvadorans and 600,000 Venezuelans against Trump administration. The Biden administration on Friday extended temporary humanitarian protections for ...The Guardian - 4d -
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policiesFinancial Times - 5d -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - 5d -
Does the IRS ever forgive back taxes?
The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.CBS News - 5d -
The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'
Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.BBC News - 6d -
UK recruiters report fresh slowdown in hiring as planned tax rises bite
Survey results will heighten investor concerns over stagflation threat in economyFinancial Times - 6d -
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation
Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.MarketWatch - 6d -
Jimmy Carter lies in state at U.S. Capitol after eulogies by Kamala Harris and GOP leaders
Former President Jimmy Carter arrived at the U.S. Capitol to lie in state after a memorial service attended by his family, Vice President Kamala Harris, members of Congress and other officials.NBC News - Jan. 7 -
Jimmy Carter lies in state at US Capitol, with Kamala Harris holding eulogy – US politics live
Former US president’s funeral to be held on Thursday; vice-president also expected to lay wreath at ceremony. Continuing his expansionist streak , Donald Trump said the Gulf of Mexico should ...The Guardian - Jan. 7 -
‘He left the world better than he found it’: Harris honors Carter with eulogy
Vice President Kamala Harris delivered a eulogy honoring former President Jimmy Carter and his accomplishments during his memorial at the U.S. Capitol.NBC News - Jan. 7 -
Kamala Harris says Jimmy Carter's "works will echo for generations to come"
Vice President Kamala Harris delivered a eulogy for former President Jimmy Carter at the U.S. Capitol on Tuesday. She discussed his legacy as president and his extraordinary work redefining what it ...CBS News - Jan. 7 -
Georgia GOP boots former lieutenant governor who backed Harris
The Georgia Republican Party has booted longtime President-elect Trump critic former Lt. Gov. Geoff Duncan (R), who backed Vice President Harris’s 2024 bid for the White House. A resolution from ...The Hill - Jan. 7 -
What comes next for Kamala Harris?
Nii-Quartelai Quartey, author of "Kamala, The Motherland, And Me," joined CBS News to discuss what Kamala Harris will do now as she leaves the vice presidency.CBS News - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
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 -
President Joe Biden signs RFK Stadium bill into law, paving way for Commanders' return to nation's capital
The franchise could soon be returning to familiar groundsCBS Sports - Jan. 6 -
Kamala Harris says ‘America’s democracy stood’, after certifying Trump’s election victory – US politics live
Vice-president speaks to reporters after joint session to certify results exactly four years after Trump’s supporters stormed Capitol. Congress certifies Trump’s election win amid unprecedented ...The Guardian - Jan. 6 -
Four years after mob violence, Kamala Harris hands power – peacefully – to Trump
The outgoing vice-president presided over a January 6 without rancour as she formally certified the vote she lost. She had warned America that he is a fascist and now, in front of political ...The Guardian - Jan. 6 -
Watch: Kamala Harris certifies President Donald Trump's re-election
Harris, who Trump defeated in the 2024 election, presided over the event as required by the US Constitution.BBC News - Jan. 6 -
Biden's decision to block the US Steel sale would have made Harry Truman proud
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the broad and often vague umbrella of national security.The Hill - Jan. 6 -
German inflation rises more than expected to 2.9% in December
German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said Monday.CNBC - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
After bruising election loss, what next for Kamala Harris?
The outgoing vice-president is weighing her options, which could include another White House run, or a bid to be California's governor.BBC News - Jan. 5 -
German leader is more worried about Musk's backing of a far-right party than his insults
German Chancellor Olaf Scholz says he's staying “cool” against critical personal comments made by Elon Musk but finds it worrying that Musk makes the effort to get involved in Germany's general ...ABC News - Jan. 4 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - Jan. 3 -
Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000
Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market.CNBC - Jan. 2 -
New Yankees 1B Paul Goldschmidt looking to bounce back from down 2024 season: 'I’m better than this'
Paul Goldschmidt was introduced as the newest member of the Yankees on Thursday, saying he's hopeful he'll bounce back from his down season in 2024.Yahoo Sports - Jan. 2 -
UK house prices rise more than expected in December
Month-on-month increase of 0.7% takes average house price close to record highFinancial Times - Jan. 2