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Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - 1d -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - 19h -
Amid political chaos, Bank of Korea says it will boost short-term liquidity and deploy measures to stabilize the FX market
The announcement came shortly after the BOK held an emergency board meeting.CNBC - 2h -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - 3h -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - 1h -
Incoming House majority squeezed by Trump's planned appointments
President-elect Donald Trump's selection of a number of House Republicans to fill top posts in his administration is pulling from an already shallow bench.CBS News - 1d -
House environment panel poised for Democratic leadership shakeup
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Grijalva bows out of race for top Dem spot on House climate panel House Natural Resources ...The Hill - 1d -
House Democrats move to oust aging committee leaders
Candidates for the positions have stressed the need to be able to effectively counter President-elect Donald Trump and Republicans in Congress.CBS News - 15h -
House Democrats fighting for younger members in top posts
Rep. Jamie Raskin of Maryland is challenging Rep. Jerry Nadler of New York to be the top Democrat on the House Judiciary Committee. Is this race the beginning of a new generation of Democratic ...CBS News - 10h -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - 1d -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.MarketWatch - 21h -
Banks hit credit card users with higher rates in response to regulation that may never arrive
CFPB regulation meant to save consumers $10 billion a year has resulted in higher costs for some, as banks react by hiking interest rates and charging new fees.CNBC - 16h -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - 21h -
I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
After feeling disappointed by her dream job, one millennial decided to retire early. She's happy with her choice: "I'm very good at doing nothing and relaxing."CNBC - 19h -
Banks hit credit card users with higher rates in response to regulation that may never arrive
Banks that issue credit cards used by millions of consumers raised interest rates and introduced new fees over the past year in response to an impending regulation that most experts now believe ...NBC News - 17h -
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second timeABC News - 11h -
South Korean lawmakers move to impeach president
Opposition pushes for vote to remove Yoon Suk Yeol after failed attempt to impose martial lawFinancial Times - 3h -
South Korea vows market support in wake of turmoil
Central bank says it is keeping all options open until situation stabilisesFinancial Times - 3h -
READ: House COVID-19 pandemic panel's final report
The House Oversight and Accountability Committee’s COVID-19 panel issued its final report on Monday ahead of a hearing this week. The report yields five points of bipartisan consensus and seven ...The Hill - 1d -
White House defends pardon of Hunter Biden amid backlash
Republicans and some Democrats have accused Joe Biden of damaging trust in the justice department.BBC News - 1d -
House Democrat: We should revisit pardon power in Constitution
Rep. Gerry Connolly (D-Va.) spoke out after President Biden’s pardoning of his son Hunter on Sunday, saying the decision sparks a conversation about revisiting the pardon power in the ...The Hill - 1d -
Jamie Raskin challenges Jerry Nadler for top Democratic spot on House Judiciary panel
Rep. Jamie Raskin, who served as the lead Democratic prosecutor in Donald Trump's second impeachment trial, will challenge Rep. Jerry Nadler for House Judiciary chairman.NBC News - 1d -
House COVID-19 panel releases final report: 3 key takeaways
The House Select Subcommittee on the Coronavirus Pandemic released its final report Monday, laying out numerous conclusions from its review of the federal pandemic response, including what the ...The Hill - 1d -
Ex-House staffer facing charges for unlawful possession of ammunition: Capitol Police
A former House staffer is facing charges for unlawful possession of ammunition after “officers found four ammunition magazines and eleven rounds of ammunition” in his bag at the Cannon House Office ...The Hill - 1d -
The White House Goes on the Defense, and Israel and Hezbollah Trade Fire
Plus, mail trucks get a “goofy” upgrade.The New York Times - 22h -
House Republican: 'Hard decisions' needed on Social Security, Medicaid, Medicare
Rep. Rich McCormick (R-Ga.) said Tuesday that lawmakers will ultimately face tough choices on spending in next year's unified GOP government, suggesting cuts may be coming to social welfare ...The Hill - 16h -
White House reacts to South Korea martial law declaration
A National Security Council spokesperson is expressing serious concerns over South Korea's president declaring martial law. This comes after President Yoon Suk Yeol accused the opposition party ...CBS News - 15h -
House Democrat renews push to release Gaetz report, forcing action this week
House floor consideration of a resolution forcing the House Ethics Committee to release its report on former Rep. Matt Gaetz (R-Fla.) is expected this week, after Rep. Sean Casten (D-Ill.) on ...The Hill - 12h -
California Democrat Flips Seat in the Last House Race to Be Called
Adam Gray, a former state lawmaker, defeated Representative John Duarte, a Republican, in a reversal of their 2022 race.The New York Times - 3h -
Trump's children won't have White House roles in his second term
As President-elect Donald Trump assembles a senior staff and Cabinet for his second administration, there are notable absences: his children.NBC News - 11m -
Trump’s tax plans: Housing credits ‘in play,’ and there’s buzz over a short extension for expiring cuts
One veteran analyst is predicting that housing tax credits will get included in the GOP’s big tax package next year. Separately, some GOP lawmakers reportedly have talked about using the package to ...MarketWatch - 1d
