Latest in Modi government rolls out tax cuts in effort to stimulate growth
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Two Watchdogs Were Rebuffed From Joining Trump’s Cost-Cutting Effort
“We have no room in our administration for Democrats,” a transition spokeswoman replied after good-government activists tried to join the president-elect’s new efficiency department.The New York Times - Jan. 16 -
Trump’s Treasury pick warns unwinding tax cuts would spark ‘economic calamity’
Scott Bessent also tells US senators in heated confirmation hearing that he backs tougher sanctions on Russian oilFinancial Times - Jan. 16 -
Trump Treasury Pick Scott Bessent Defends Plans to Cut Taxes and Raise Tariffs
Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.The New York Times - Jan. 16 -
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump's signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.CNBC - Jan. 16 -
Washington Post rolls out new mission statement, keeping 'Democracy Dies in Darkness' slogan
The Washington Post is rolling out a new mission statement ahead of President-elect Trump's second term in the White House. The Post unveiled "Riveting Storytelling for All of America," as its new ...The Hill - Jan. 16 -
California wildfires: easing of extreme winds expected to strengthen efforts to put out blazes
National Weather Service says ‘wind siege has finally ended’ and forecasts higher humidity but warns high winds could return next week. The extreme winds behind the disastrous fires in Los ...The Guardian - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023Financial Times - Jan. 16 -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - Jan. 15 -
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 - Jan. 14 -
Minnesota state House Democrats walk out in effort to block GOP speaker vote
Minnesota’s Democratic state representatives walked out Tuesday, failing to show up for the first day of the legislative session to deny the state House a quorum amid a fight over how to manage a ...NBC News - Jan. 14 -
India's Modi marks the opening of a strategic tunnel in disputed Kashmir
India’s prime minister marked the opening of a tunnel in the northeast of disputed Kashmir that will grant all-year accessibility to a town that is isolated by heavy snow each winterABC News - Jan. 13 -
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Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.The New York Times - Jan. 12 -
Is a brain-stimulation headset the answer to depression?
The makers of a device that delivers small electrical impulses to the brain are hailing the technology as a groundbreaking mental health treatment, but others are sceptical. “Flow helps the vast ...The Guardian - Jan. 11 -
Black boxes on crashed South Korean plane cut out before impact, inquiry finds
Recording of flight data ceased four minutes before Jeju Air crash that killed 179 people, says transport ministry. Flight data and cockpit voice recorders on the Jeju Air plane that crashed in ...The Guardian - Jan. 11 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Labour intensifies push for growth to avoid ‘disastrous’ tax rises
Punishing week on bond markets ends with UK government borrowing costs significantly higherFinancial Times - Jan. 10 -
Jolted Australia are on the tear again – England have their work cut out
Healy’s side have reacted strongly again to World Cup pain and the tourists need to keep the series live until the Test. If you’re playing against the Australian women’s cricket team, there are ...The Guardian - Jan. 10 -
Musk and Ramaswamy sending agents across US government to seek cuts
So-called department of government efficiency charged by Trump to help effect radical government shake-up. Elon Musk and Vivek Ramaswamy have already dispatched emissaries across the US ...The Guardian - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
IGM Biosciences to cut 73% of workforce as latest pivot fails to pan out, sending stock down 69%
IGM Biosciences is again cutting staff as it scraps an autoimmune-drug trial after failing to achieve the desired results.MarketWatch - Jan. 10 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
Tax lessons for governments from Henry George
The 19th-century political economist understood that the whole of society should benefit from outsized profitsFinancial Times - Jan. 9 -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - Jan. 9 -
Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.
President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.The New York Times - Jan. 9 -
Biden administration jettisons effort to protect old-growth forests
The Biden administration is dropping its efforts to issue a policy to protect old-growth forests — though the president previously touted protecting such forests as an important component of his ...The Hill - Jan. 8 -
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 - Jan. 8 -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - Jan. 8 -
U.S. to roll out 'Cyber Trust Mark' label on secure devices starting this year
The U.S. will begin rolling out a program to label certain internet-connected products as meeting a basic cybersecurity standard.NBC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
McDonald's rolls back diversity goals
Fast food giant McDonald’s has become the latest company to roll back diversity, equity and inclusion (DEI) commitments following the Supreme Court’s 2023 decision ending affirmative action in ...The Hill - Jan. 6 -
United Airlines rolling out Elon Musk's Starlink Wi-Fi this spring
United Airlines plans to launch its first commercial flight with Starlink Wi-Fi this spring after accelerating its timeline for the new internet service, the company announced Sunday. The carrier ...The Hill - Jan. 6 -
LG rolls out new AI services to help consumers with daily tasks
LG kicked off the AI bandwagon today with a new set of AI services to help consumers in their daily tasks at home, in the car and in the office.VentureBeat - 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 -
Talks on forming a new 3-party government in Austria collapse as the smallest prospective partner walks out
Talks on forming a new 3-party government in Austria collapse as the smallest prospective partner walks outABC News - 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
