Latest in US budget deficit to hit $1.9 trillion in 2025: CBO
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China Has a $1 Trillion Head Start in Any Tariff Fight
As Donald Trump prepares for his second term, China’s dominance of global manufacturing is greater than ever.The Wall Street Journal - 1d -
Music streams hit nearly 5 trillion in 2024, with women pop performers leading in US
Did you stream more music in 2024ABC News - 2d -
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected Friday that the federal budget deficit would hit $1.9 trillion in fiscal 2025. The nonpartisan budget scorekeeper estimated that federal spending ...The Hill - 7h -
‘The dreaded B-word’: how to start budgeting
Money is emotional – but avoiding a budget is often more of a headache than making one. For some, making a personal budget sounds about as appealing as licking a subway floor.. “They think of it as ...The Guardian - 1d -
3 smart ways to use your home equity in 2025
Borrowing from your home equity could save you money this year. Here's how.CBS News - 1d -
Democrats grill Trump budget pick
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump’s pick for budget chief faces fire in hearing Democrats grilled Russell ...The Hill - 2d -
5 Budgeting Apps to Help You Save Money
Looking to start a personal budget or save come cash? Here are a few smartphone apps that can help you penny-pinch your way to financial peace of mind.Wired - 2d -
U.S. budget deficit swells to record $711 billion in first quarter of fiscal year
The U.S. federal budget deficit widened to a record $711 billion in the first three months of the fiscal year, up from $510 billion in the same period last year, an increase of 39%, the Treasury ...MarketWatch - 3d -
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A Spymaster Sheikh Controls a $1.5 Trillion Fortune. He Wants to Use It to Dominate AI
Tahnoun bin Zayed al Nahyan—the UAE’s chess-obsessed, jiujitsu-loving intelligence chief—controls vast sums of sovereign wealth. America’s AI giants are scrambling for a piece of it.Wired - 3d -
China’s $1 Trillion Trade Surplus: What to Know as Trump Takes Office
Only a third of China’s trade surplus was with the United States, and only a third of the U.S. deficit was with China. That makes for tricky math for the president-elect.The New York Times - 3d -
China’s Trade Surplus Reaches a Record of Nearly $1 Trillion
China’s vast exports in 2024 exceeded its imports on a scale seldom seen anywhere except during or immediately after the two world wars.The New York Times - 4d -
Crude hits 6-month high as new US sanctions trigger global supply fears
Brent crude tops $81 a barrel after Washington targets Russian oil revenuesFinancial Times - 4d -
2 ways to use your home equity in 2025 (and 2 to avoid)
Home equity loans and HELOCs can be valuable financial tools in 2025 if used for these specific reasons.CBS News - Jan. 10 -
US hits Venezuela with new sanctions after Maduro's 'illegitimate' inauguration
The Biden administration announced a slew of new sanctions against allies of Venezuelan President Nicolás Maduro in opposition to his claim of election victory, calling his Friday inauguration ...The Hill - Jan. 10 -
Why Elon Musk had to drop his ‘DOGE’ pledge to cut $2 trillion from the federal budget
We told you he would months ago, when he made the promise.MarketWatch - Jan. 10 -
World’s richest use up their fair share of 2025 carbon budget in 10 days
Emissions caused by wealthiest 1% so far this year would take someone from poorest 50% three years to create. The world’s richest 1% have already used up their fair share of the global carbon ...The Guardian - Jan. 10 -
Diffbot’s AI model doesn’t guess — it knows, thanks to a trillion-fact knowledge graph
Diffbot challenges AI giants with a breakthrough open-source language model that outperforms ChatGPT and Google Gemini by prioritizing real-time fact retrieval over large-scale parameters, marking ...VentureBeat - Jan. 9 -
A $28 Trillion Corner of Wall Street Is Flashing a Warning About the U.S. Economy
Bond yields have surged since the Fed began cutting interest rates.Inc. - Jan. 9 -
Winter storm to hit US south again, carrying in snow and freezing weather
Cities cancel flights and school in anticipation as Dallas, Texas, is expected to get a year’s worth of snow. Parts of Texas and the US south are getting hit with yet another winter storm.. The ...The Guardian - Jan. 9 -
Elon Musk says DOGE probably won't find $2 trillion in federal budget cuts
Tech billionaire Elon Musk said Wednesday that his budget-cutting effort on behalf of President-elect Donald Trump would most likely not find $2 trillion in savings, backtracking on a goal he set ...NBC News - Jan. 9 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024.NBC News - Jan. 8 -
Used vehicle prices expected to continue to stabilize in 2025 after pandemic volatility
Cox Automotive expects wholesale prices on its Manheim Used Vehicle Value Index will end this year 1.4% higher than in December 2024.CNBC - Jan. 8 -
Here's How Many Units The Switch 2 Could Sell In 2025 In The US
The Switch 2 , or whatever Nintendo calls its next console, is expected to be announced soon and released later this year. But how many units will the system sell? According to Circana analyst ...GameSpot - Jan. 8 -
Trump confronts high trade deficits again as he weighs tariffs. But there’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.MarketWatch - Jan. 7 -
The Last Of Us Season 2 Gets An April 2025 Release Window In New Trailer
It won't be long before The Last of Us Season 2 arrives, as HBO Max has released a new teaser trailer confirming an April 2025 release window. Set in a post-apocalyptic world after the collapse ...GameSpot - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
US corporate bankruptcies hit 14-year high as interest rates take toll
Consumer companies such as Party City hit by persistent inflation and weak spendingFinancial Times - Jan. 7 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
US winter storm leaves four dead as millions hit by snow, ice and bitter cold
Hundreds of thousands left without power and flights canceled as state of emergencies declared in several states. Millions of Americans were hit by a major winter storm on Monday that brought heavy ...The Guardian - Jan. 6 -
Inside the 2025 NFL hiring cycle: Top candidates, interview timeline, rule changes and more as teams hit reset
Everything to know as the hiring cycle kicks into high gearCBS Sports - Jan. 6 -
Why context-aware AI agents will give us superpowers in 2025
In 2025, augmented mentality will emerge from the convergence of AI agents, conversational computing and augmented reality.VentureBeat - Jan. 5 -
Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running
The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...The Hill - Jan. 4 -
Investors can use these new services to branch out for good or bad in 2025
Also: Hindenburg’s report on Carvana, the Moneyist’s most popular articles, and stocks that appear to be better bargains even after beating the S&P 500 in 2024.MarketWatch - Jan. 4 -
5 Employment Law Changes Set to Hit the Workplace in 2025
New legislation and ongoing legal battles mean employers have a lot to keep on top of this year, from pay transparency to workplace safety issues.Inc. - Jan. 3 -
How Business Owners Can Energize Their Teams and Hit Big Goals in 2025
Ditch predictable plans and inspire your team with bold moves and honest conversations.Inc. - Jan. 3 -
Nvidia’s Market Value Got a $2 Trillion Boost in the AI rally of 2024
The AI chipmaker recorded the largest market cap increase of any publicly listed company in 2024, nearly tripling in value to $3.28 trillion by the end of the year.Inc. - Jan. 2 -
$1.9 million reward offered after "brazen" heist of jewelry
Some of the property reportedly belongs to art collector Shafira Huang, said to be a multi-millionaire Instagram influencer.CBS News - Jan. 1 -
5 things that will shape US politics in 2025
The fallout of last month’s high-stakes election and recent battles within Congress are offering early clues of what will set the tone for politics in 2025. Democrats are looking to regroup from a ...The Hill - Jan. 1 -
Forrester on cybersecurity budgeting: 2025 will be the year of CISO fiscal accountability
With 90% of cybersecurity and risk leaders predicting they'll see budget increases in 2025, many are facing a new era of accountability.VentureBeat - Dec. 30