Latest in Modi government rolls out tax cuts in effort to stimulate growth
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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 -
Effort to unionize college athletes hits road block
The legal efforts to unionize college athletes appear to be running out of steam this month as a new Republican-led administration gets set to take over the federal agency in charge of ruling on ...ESPN - 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 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 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 -
Wildfire emergency relief efforts underway
Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...CBS News - Jan. 9 -
The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - Jan. 9 -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - Jan. 9 -
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 -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - 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 -
Meta Rolls Back Hate Speech Rules
Advocates say Meta’s decision to loosen content moderation could lead to serious harms.Inc. - Jan. 8 -
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 -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - Jan. 6 -
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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 -
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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