Latest in U.S. Faces Record Debt Levels as Republicans Plan Tax Cuts
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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 -
Gingrich slams 'suicidal strategy' of rebel Republicans in Speaker vote
Former House Speaker Newt Gingrich (R-Ga.) criticized Republicans who refused to back House Speaker Mike Johnson's (R-La.) attempt to clinch the gavel again in the lower chamber. “Let’s be clear, ...The Hill - 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 -
Jeh Johnson concerned terror threat at 'heightened level'
Former Homeland Security Secretary Jeh Johnson says the nation's terror threat is at a “heightened level” following the vehicle attack in New Orleans on New Year’s Day that killed more than a dozen ...The Hill - Jan. 3 -
Johnson's future as speaker in question despite efforts to sway undecided Republicans
House Speaker Mike Johnson met with Republican holdouts to his bid to retain the gavel in the new Congress one day before the House convenes for the election.ABC News - Jan. 3 -
Why some Republicans remain skeptical of House Speaker Mike Johnson
Some Republicans remain hesitant as they prepare to vote for House speaker. This comes as Louisiana Rep. Mike Johnson seeks to retain the gavel. CBS News' Taurean Small reports.CBS News - Jan. 3 -
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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 -
Speaker Mike Johnson re-elected to lead Republican-controlled House
The 119th Congress begins with Republican majorities in both chambers and a vote to re-elect Mike Johnson as House speaker.NBC News - Jan. 3 -
Johnson job performance slips among Republicans: survey
Speaker Mike Johnson’s (R-La.) job performance is slipping among Republicans, according to a new survey. An Economist/YouGov poll conducted between Dec. 21 and Dec. 24 and released on Thursday ...The Hill - Jan. 3 -
Loneliness linked to ill health through effect on protein levels, research suggests
Study finds higher levels of certain proteins in people who reported social isolation or loneliness. Loneliness has long been associated with ill health but researchers say they have fresh insights ...The Guardian - Jan. 3 -
New Republican Congress to begin laying the groundwork for Trump's return
Congress starts a new session Friday with Republicans taking the majority in the House and Senate, electing a speaker and preparing for a second Trump administration.NBC 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 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
Johnson says House Republicans will investigate Jan. 6 committee
House Speaker Mike Johnson (R-La.) said Thursday that House Republicans will investigate the disbanded House select committee that investigated the Jan. 6, 2021 attack on the U.S. Capitol. Johnson ...The Hill - Jan. 3 -
Republican on GOP's Johnson holdouts: 'We find it very irritating'
Rep. Don Bacon (R-Neb.) on Thursday expressed his frustration with those who haven't backed House Speaker Mike Johnson (R-La.) in staying in his role yet. In an interview on NewsNation’s “The Hill” ...The Hill - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
3 big reasons to pursue credit card debt forgiveness this January
Debt forgiveness can be a smart way to move forward from your high-rate card debt — especially right now.CBS News - Jan. 2 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Meta global affairs chief Clegg to be replaced by Republican Kaplan
Move comes just ahead of Donald Trump’s return to the White HouseFinancial Times - Jan. 2 -
Does the United States need a debt limit?
The federal debt limit has no practical value. This suggests that ending it would be a good idea. Yet the laws of unintended consequences suggest that there are unforeseen effects that may be worse ...The Hill - Jan. 2 -
What will happen to home equity levels in 2025?
Home equity levels will likely continue to rise in 2025, but at a slower pace than we've previously seen.CBS News - Jan. 2 -
Jobless claims fall to lowest level in 8 months to end 2024
The number of people filing new applications for unemployment insurance fell to the lowest level since last April as the job market showed signs of strength within a broader cooling off in ...The Hill - Jan. 2 -
Trans rights to be marquee fight for House Republicans
How the GOP is responding to Rep.-elect Sarah McBride, the first openly transgender House member, is a preview of what’s to come.Politico - Jan. 2 -
US unemployment claims fall to the lowest level since March
The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job securityABC News - Jan. 2 -
Early cancer diagnosis in England at record level, NHS figures show
Awareness campaigns and new screening approaches are having an impact, says NHS England.BBC News - Jan. 2 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
Republican-run states see opportunity to push extreme policies under Trump
Emboldened red states could advocate for rightwing reforms from steep tax cuts to slashes to education. Republican state lawmakers and conservative leaders around the United States see Donald ...The Guardian - Jan. 1 -
With Russia gaining ground and U.S. support uncertain, Ukraine faces a precarious year ahead
This year is shaping up to be a nail-biter for Ukraine.NBC News - Jan. 1 -
The battered bond market starts 2025 facing some difficult issues about debt
Investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due.CNBC - Jan. 1 -
Unlawful border crossings hit lowest level of Biden admin in November
U.S. Customs and Border Patrol (CBP) announced a new low for border level crossings during the month of November ahead of President Biden’s exit from the White House. Statistics released by the ...The Hill - Dec. 31 -
Republicans raising questions about Johnson's reelection as House speaker
Republican Rep. Chip Roy said Tuesday that he doesn’t think House Speaker Mike Johnson has the necessary votes to remain speaker in Friday's leadership election.ABC News - Dec. 31
