Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout
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US faces Liz Truss-style market shock as debt soars, warns watchdog
Fiscal burden on ‘unprecedented’ path, says independent Congressional Budget Office headFinancial Times - Business - United Kingdom -
Yellen Warns China Against Flood of Cheap Green Energy Exports
The Treasury secretary, who plans to make her second trip to China soon, argued that the country’s excess industrial production warped supply chains.The New York Times - Business - China -
Janet Yellen warns China against clean energy dumping
US Treasury secretary tells Beijing its trade practices will distort markets and harm workersFinancial Times - Business - China -
Yellen warns China's surplus of solar panels, EVs could be dumped on global markets
Janet Yellen said she will confront her Chinese counterparts about their solar, EV trade practices in an upcoming visit to China.CNBC - Business - China -
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products.NBC News - Top stories - China -
Millions of older adults with student debt are at risk of losing some Social Security benefits, lawmakers warn
Millions of older adults behind on their student loans could soon receive a smaller Social Security benefit.CNBC - Business -
FirstFT: Larry Fink warns of looming ‘retirement crisis’
Also in today’s newsletter, latest on Baltimore bridge collapse, and Donald Trump’s inner circleFinancial Times - World -
Budget watchdog warns US could suffer market shock over national debt
Congressional Budget Office (CBO) Director Phillip Swagel warned the United States could suffer a similar market shock as seen in the United Kingdom during former Prime Minister Liz Truss’s brief stint leading Britain, citing the nation's ...The Hill - Politics -
Funeral inquiry firm faces wind up order over debt
Legacy Independent Funeral Directors "owes thousands of pounds" in unpaid burial and cremation fees.BBC News - Top stories -
China faces a ‘lost decade’ if it fails to tackle its debts, says Ray Dalio
Billionaire investor Ray Dalio sees China heading for a ’100-year big storm.’MarketWatch - Business - China -
My mother-in-law will leave her house to her five grandchildren rather than her two sons. But her elder son won’t move out of her home. Is this a bad sign?
“There is concern that he will not sell her home but will decide to live in it himself.”MarketWatch - Business -
Boeing boss to leave as firm faces safety crisis
Dave Calhoun will leave the planemaker at end of this year amid a deepening crisis over its safety record.BBC News - Top stories -
Bridge collapse fallout
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Baltimore bridge collapse roils east coast ports The collapse of the Francis Scott Key bridge in Baltimore has halted vessel ...The Hill - Politics -
Where Euro 2024 qualification went wrong for Wales
BBC Sport Wales takes a closer look at the pivotal moments that ultimately cost Wales a place at Euro 2024.BBC News - Top stories -
Instagram moves to limit political content
Instagram has moved to limit political content, with users now having to go into their settings on the app to turn the limiting feature off. Users of the popular social media platform now have to go into their settings under “[c]ontent ...The Hill - Politics -
Church limited Clapham attacker's attendance
Abdul Shokoor Ezedi's won asylum in 2020 but new documents detail a sexual assault conviction in 2018.BBC News - Top stories -
Economic fallout from Key Bridge collapse
In addition to the human toll, the collapse of the Francis Scott Key Bridge will also send ripples throughout the economy far beyond Baltimore. The crumpled bridge is now blocking a key waterway for shipping routes. Ramy Inocencio has more.CBS News - Top stories -
The Fallout From the Credit Card Swipe Fee Fight
A proposed settlement between Visa and Mastercard and merchants on swipe fees promises savings, but it may also alter the economics of premium credit cards.The New York Times - Business -
How to consolidate credit card debt
Debt consolidation can help you pay off your credit cards faster. Learn more about consolidating your debt here.CBS News - Top stories -
‘I get into trouble’: Gillian Anderson on being brave, her resting face and much anticipated book of sexual fantasies
Her uncanny portrayals of famous women have brought her legions of fans. Now, as she prepares to play Emily Maitlis in the pivotal Prince Andrew interview, the actor talks to Eva Wiseman about acting, soft drinks and ‘side hustles’. “I have a ...The Guardian - World -
How Greene’s bid to topple Johnson could blow up the House — or in her own face
One House Republican summed up the fear: Her move could “deliver aid to Ukraine” by giving Johnson no choice but to seek common cause with Democrats.Politico - Politics -
How Greene’s bid to topple Johnson could blow up the House — or in her own face
One House Republican summed up the fear: Her move could “deliver aid to Ukraine” by giving Johnson no choice but to seek common cause with Democrats.Politico - Politics -
One Purple State Is ‘Testing the Outer Limits of MAGAism’
North Carolina Republicans are “in the running for the most MAGA party in the nation.”The New York Times - Top stories -
Twitch to further limit sexual content, again
Twitch is further limiting sexually suggestive content in yet another change to its rules around the subject.NBC News - Top stories -
The last time a Trump company went public it didn't go well for investors
Donald Trump’s social media company could go public as soon as next week, paving the way for a potentially huge windfall for a former president who raked in tens of millions of dollars the last time one of his companies was listed on a stock ...NBC News - Politics - Donald Trump -
How the Knicks went from laughing stocks to NBA finals contenders (yes, really)
For the first time in decades, one of the NBA’s biggest yet consistently disappointing teams is heading into the playoffs with a legitimate hope of reaching the finalsYahoo Sports - Sports - NBA -
How the Knicks went from laughing stocks to NBA finals contenders (yes, really)
For the first time in decades, one of the NBA’s biggest yet consistently disappointing teams is heading into the playoffs with a legitimate hope of reaching the finals. It’s springtime in New York City: the snow has thawed, the hot dog vendors are ...The Guardian - World - NBA -
Weather tracker: Flood fallout claims at least 20 lives in Brazil
Heavy rainfall brings landslides to country’s south-east. Elsewhere, a wild temperature fluctuation in Iberia. Brazil was hit by devastating floods over the weekend that have so far claimed 20 lives in the resultant landslides and mudslides. There ...The Guardian - World - Brazil -
Royal expert's insights on the fallout from Princess Kate's cancer announcement
CBS News royal contributor Tina Brown joins “CBS Mornings” to talk about Princess Kate's cancer announcement and what it means for the royal family.CBS News - World -
East Coast ports brace for fallout from Baltimore bridge collapse
Eastern seaboard ports are preparing to accept shipments of goods being rerouted from the Port of Baltimore following the collapse of the Francis Scott Key Bridge early Tuesday morning. Port officials and private-sector distributors told The Hill ...The Hill - Politics -
Bridge Collapse Resets U.S. Supply Chains
The shutdown of a major trade corridor through Baltimore has ocean carriers and importers scrambling to contain the business fallout,The Wall Street Journal - World -
China Evergrande Drops Debt Restructuring Applications in U.S.
The developer had sought a New York court’s approval last August to restructure more than $19 billion in offshore debt via Chapter 15 bankruptcy filings.The Wall Street Journal - World - China -
Atos Uncertain Over Its Future as Debts Rise
Atos warned of uncertainty about its ability to continue after its debt grew and its losses widened on an impairment charge.The Wall Street Journal - World -
Atos Uncertain Over Its Future as Debts Rise
Struggling French IT company Atos flagged concerns over its ability to continue after a mounting debt pile and deeper net loss compounded recent failures to shed assets.The Wall Street Journal - Business -
Singapore has lessons for countries worrying about debt
Tight fiscal rules can prevent the kind of investment which has helped the city state to thriveFinancial Times - Business -
Breyer indicates support for age limits for Supreme Court Justices
Former Supreme Court Justice Stephen Breyer said Sunday that he would back age limits for justices, claiming the controversial policy would have helped his own decision-making about his retirement in 2022. “I don't think that's harmful,” he said ...The Hill - Politics -
How the US Fight Against Apple Tests Antitrust Limits
The Justice Department’s lawsuit against the iPhone maker pushes the boundaries of competition rules. Some experts say that may make winning more difficult.The New York Times - Business - Apple -
The Lord of the Rings: Rings of Power Expanded Soundtrack Limited To 1,000 Copies
If you watched The Lord of the Rings: The Rings of Power and particularly enjoyed the music, you might be happy to learn Mondo is creating a special-edition complete soundtrack collection--and it's launching soon.. Created by Mondo in partnership ...GameSpot - Tech -
Limits placed on removal of land from food production in England
Government restrictions come after farmers raise concerns over domestic food securityFinancial Times - World -
Nevada judge blocks state from limiting Medicaid coverage for abortions
A Nevada judge has ordered the state to grant Medicaid coverage for abortions without any restrictionsABC News - Health - Abortion