Latest in Trump rolls back effort to lower Medicare, Medicaid drug costs
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Corrective action is needed to preserve Social Security, Medicare and Medicaid
Any lasting fiscal reforms must moderate the growth of the largest mandatory spending programs: Social Security, Medicare and Medicaid.The Hill - Jan. 10 -
Appeals court denies effort to block release of Smith's final report on Trump probes
The Eleventh Circuit Court of Appeals has denied an effort to block the release of special counsel Jack Smith's final report on his two investigations into Donald Trump.ABC News - Jan. 10 -
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.The New York Times - Jan. 10 -
EU fears Trump rolling back Biden-era measures
Bloc concerned about president-elect reversing US sanctions against Russia and other policiesFinancial Times - 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 -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - Jan. 9 -
What to know about Trump's efforts to delay his "hush money" case sentencing
President-elect Donald Trump's legal team is awaiting a potential decision from the Supreme Court to delay his sentencing in the "hush money" case. CBS News legal contributor Caroline Polisi has more.CBS News - Jan. 9 -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - Jan. 9 -
Trump pushes back Ukraine war deadline in sign of support for Kyiv
US president-elect speaks of six months to end conflict, after pledging to solve it in ‘24 hours’ from taking officeFinancial Times - Jan. 9 -
Banks Are Racking Up Wins Even Before Trump Is Back in White House
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.The New York Times - Jan. 9 -
Seth Meyers Slams Trump for Empty Campaign Promises to Lower Inflation
“Come on, man, you talked about this, like, every day on the campaign trail,” Meyers said of the president-elect. “You even brought props.”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 -
Europe pushes back against Trump over Greenland military threat
European leaders expressed their confusion and pushed back Wednesday against President-elect Donald Trump's refusal to rule out using military force to take over Greenland.NBC News - 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 -
AMD is going head-to-head with Nvidia in AI-backed drug discovery with new deal
Chip maker AMD is investing $20 million in AI drug startup Absci, which will use AMD chips and software for drug development.MarketWatch - Jan. 8 -
The loyalty both Biden and Trump demand is costing America dearly
Pardoning those he called “patriots” and “political prisoners” would send a message — that loyalty to Trump comes with benefits.The Hill - Jan. 8 -
'Unprecedented criminal effort': What Trump's lawyers say is in Jack Smith's report
Filings by Donald Trump's lawyers suggest that Jack Smith's final report on his two probes could contain details that are potentially damaging to the president-elect.ABC News - Jan. 8 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Paige Bueckers injury update: UConn star to miss Xavier game with lower-body sprain, but is expected back soon
UConn coach Geno Auriemma expects Bueckers to return next weekCBS Sports - Jan. 7 -
Trudeau hits back at Trump on Canada annexation: 'There isn't a snowball's chance in hell'
Outgoing Canadian Prime Minister Justin Trudeau hit back Tuesday at President-elect Trump over his threats to annex America's northern neighbor. “There isn’t a snowball’s chance in hell that Canada ...The Hill - Jan. 7 -
Inside Trump legal team's effort to block Jack Smith report
Attorneys for President-elect Donald Trump are trying to stop the release of special counsel Jack Smith's report on two dismissed criminal cases against Trump. CBS News political reporter Olivia ...CBS News - Jan. 7 -
Schiff on Trump effort to block special counsel report: 'No shortage of nerve'
Sen. Adam Schiff (D-Calif.) said President-elect Trump has “no shortage of nerve” for asking Attorney General Merrick Garland to block the release of special counsel Jack Smith’s final report on ...The Hill - Jan. 7 -
Judge denies Trump's latest effort to delay "hush money" sentencing
A New York judge has denied President-elect Donald Trump's request to delay sentencing in his criminal "hush money" case. CBS News political reporter and attorney Katrina Kaufman joins "America ...CBS News - Jan. 6 -
McDonald's says it is rolling back some of its diversity practices
McDonald's joins other major corporations in unwinding its diversity, equity and inclusion efforts.CBS News - Jan. 6 -
Trump's continuing effort to downplay Jan. 6 violence as 'day of love'
Monday marks the fourth anniversary of the violent events of Jan. 6, 2021 -- a day President-elect Donald Trump has continually tried to recast as a "day of love."ABC News - Jan. 6 -
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 -
Donald Trump denies he will pare back aggressive tariffs plan
Washington Post report said aides were aiming to target only critical imports but president-elect calls it ‘fake news’. President-elect Donald Trump on Monday denied a newspaper report that said ...The Guardian - Jan. 6 -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - Jan. 6 -
Report of easing tariff plan, which Trump denies, sends dollar lower
Aides to President-elect Donald Trump are weighing more targeted tariffs than was proposed by the campaign, according to a report.MarketWatch - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial 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 -
What’s going to happen with Social Security and Medicare in 2025?
What retirees should know about these important benefits heading into the new year.MarketWatch - Jan. 4 -
China has cost the U.S. millions of jobs. Trump will change that — not necessarily for the better.
Trump needs to make friends in Asia or his China tariffs will hurt Americans.MarketWatch - Jan. 4 -
Cheney hits back at Trump: 'You can't change the truth'
Former Rep. Liz Cheney (R-Wyo.) clapped back a President-elect Trump after he blasted President Biden for awarding her and Rep. Bennie Thompson (D-Miss.) the Presidential Citizens Medal this week. ...The Hill - 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 -
Millions of children lost health insurance in Medicaid shake-up
Children were among the millions of people who lost Medicaid coverage after the government required states to reevaluate every recipient's eligibility. Some have been able to get benefits back, but ...NBC News - Dec. 31