U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts

European imports of liquefied natural gas from Russia at ‘record levels’

Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...

The Guardian - 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

Asia's central banks face a formidable challenge: An ascendant U.S. dollar

A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.

CNBC - Jan. 9

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 - 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

UK recruiters report fresh slowdown in hiring as planned tax rises bite

Survey results will heighten investor concerns over stagflation threat in economy

Financial Times - Jan. 9

Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle

With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.

MarketWatch - 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

Fed Minutes May Show Why More Rate Cuts Will Face Hurdles

After a quarter-point cut in December, Chairman Jerome Powell said policymakers may be more cautious, since the incoming administration will create more uncertainty.

Inc. - Jan. 8

Why investors clinging to cash could lose money in U.S. debt-ceiling fight

Investors clutching cash might soon bear the brunt of a U.S. debt-ceiling fight, which could boil over in the next few weeks without a resolution.

MarketWatch - 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

Winter storm dumps record-setting snow in parts of the U.S., impacting thousands of flights

Airports from the Midwest to the East Coast were impacted Monday as record snow fell in parts of the U.S. More than 9,500 flights were delayed nationwide. CBS News senior transportation ...

CBS News - Jan. 7

Trump to meet with Senate Republicans on Wednesday

President-elect Trump will be on Capitol Hill on Wednesday at the invitation of Senate Republican leadership, according to three sources familiar with the invitation. GOP leaders haven’t released ...

The Hill - Jan. 6

U.S. records its first human bird flu death

The U.S. has recorded its first human death from bird flu, in a patient hospitalized in Louisiana. The case was considered the country’s first severe human H5N1 infection.

NBC News - Jan. 6

U.S. records first death from bird flu amid growing concerns

A Louisiana patient hospitalized in critical condition with severe bird flu has died, the state health department said Monday, marking the first U.S. death due to the virus. The patient was older ...

The Hill - Jan. 6

$119 billion of U.S. government debt to be issued this week, raising questions about demand

A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...

MarketWatch - Jan. 6

GOP memo: Congress likely can't slash certain infrastructure law programs for tax cuts

Politico - Jan. 6

What proof must credit card debt collectors provide for a debt?

Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.

CBS News - Jan. 6

U.S. Steel and Nippon Steel file multiple lawsuits after Biden blocks planned merger

Steel companies are suing the government and a rival over their botched deal.

MarketWatch - 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 2025

Financial Times - Jan. 6

UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds

Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.

CNBC - Jan. 6

Several commodities face headwinds in 2025 — but this metal's record rally is set to continue

Crude oil prices last year were dragged down by weak Chinese demand and a supply glut — market watchers expect prices to remain pressured in 2025.

CNBC - Jan. 6

Trump's Greenland and Panama Canal ambitions face Republican skepticism

Republican lawmakers are scratching their heads over President-elect Trump’s ambitions to take over Greenland and the Panama Canal, grand plans the incoming commander in chief put back on the table ...

The Hill - Jan. 5

Cash incentives for GPs under Labour’s radical plan to cut NHS waiting lists

Doctors will be given £20 each time they consult with a specialist to see if there is an alternative to hospital visits. GPs will be offered financial incentives to discuss with specialists whether ...

The Guardian - Jan. 5

ATF head warns that the Trump administration's funding cut plans could risk lives

Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...

CBS News - Jan. 4

U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel

The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.

The Wall Street Journal - Jan. 4

Schiff's swearing-in sets record in U.S. Senate

Sen. Adam Schiff's (D-Calif.) swearing-in for a full six-year term in the upper chamber this week set a U.S. record, as the 119th Congress convened for the first time Friday. The Democrat from ...

The Hill - Jan. 4

Guantánamo Convict Sues to Stop U.S. Plan to Send Him to Prison in Iraq

A court filing said the prisoner was at risk for abuse and might not be able to get adequate health care if transferred.

The New York Times - Jan. 4

U.S. Steel faces murky future after proposed Nippon Steel takeover

The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.

CBS News - Jan. 3

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 - Jan. 3

While Biden administration withdrew student loan forgiveness plans, there is still debt relief available

After the Biden administration withdrew its sweeping student loan forgiveness plans, borrowers should look into the existing debt cancellation programs.

CNBC - Jan. 3

Biden Plans to Block U.S. Steel Sale to Nippon Steel After Long Fight

The embattled $14.9 billion bid will likely be scrapped if the President declines to approve Nippon Steel’s merger plan, administration officials said.

Inc. - Jan. 3

Debt consolidation loan vs. debt consolidation program: Which will be better in 2025?

Both options can help you pay off your credit card debt faster, but one may be a better choice than the other now.

CBS News - Jan. 3

Chinese stock market slump deepens with bond yields hitting record lows as PBOC reportedly signals rate cuts

Economic data on tap appeared thin on Friday, while investors in Asia continue to assess China's monetary easing policy, political chaos in South Korea.

CNBC - Jan. 3

Biden Plans to Block Takeover Bid of U.S. Steel by Japan’s Nippon

The president’s announcement of the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year, is expected as soon as Friday.

The New York Times - Jan. 3