Latest in US Debt Faces Record as Trump and GOP Plan Tax Cuts
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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 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
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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 -
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 -
Trump and GOP allies falsely blame New Orleans attack on immigration failures
President-elect Donald Trump and his allies in Congress have blamed the deadly New Orleans truck attack on President Joe Biden's border policies even though the attacker was a U.S. citizen.NBC 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 -
Trump uses New Orleans attack to push security and border agenda
President-elect blames US military veteran’s alleged terror act on Biden’s immigration policyFinancial 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 -
Why Trump should switch sides on the US Steel-Nippon Steel merger (but probably won’t)
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.The Hill - Jan. 2 -
Merz pushes for EU free trade deal with Trump’s US
German conservative leader predicted to be next chancellor rejects retaliatory tariffsFinancial Times - Jan. 2 -
Progressives face an existential crisis under Trump
Progressives in Washington are facing an existential crisis like never before as they brace for the incoming Trump administration. Not only are they at odds with their own party, with many ...The Hill - Jan. 2 -
US rapper Ice Spice faces fan backlash over ‘disrespectful’ five-minute appearance at Brisbane gig
Fans at the New Year’s Eve Wildlands festival, which cost up to $242 a ticket, were disappointed after the headline act was 25 minutes late for her 30-minute set. Get our breaking news email , ...The Guardian - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
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 -
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 -
Trump Says He Plans to Attend Carter’s Funeral
In wide-ranging remarks at a New Year’s Eve party at Mar-a-Lago, the president-elect also predicted that Mike Johnson would secure enough votes to be re-elected as House speaker.The New York Times - Jan. 1 -
US Capitol attack fugitive seeks asylum in Canada and hopes for Trump pardon
Antony Vo, 32, convicted over January 6 riot, was supposed to begin nine-month prison term but instead fled to Canada. An American man who absconded after being sentenced to prison for his role in ...The Guardian - Jan. 1