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The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve
The president-elect wants lower interest rates but Jerome Powell sees them staying high.Inc. - Jan. 8 -
Trump’s push for SALT tax reform threatened by hardline GOP budget hawks
The path of least resistance could be $5 trillion in new government debt.MarketWatch - Jan. 8 -
U.S. asks court to stop plea agreements in alleged 9/11 architect's case
The Justice Dept filed a motion to stop plea deals from moving forward in the war court in Guantanamo Bay, days before Khalid Sheikh Mohammed was set to plead guilty.CBS News - Jan. 7 -
Sons of "El Chapo" are negotiating plea deals with U.S. prosecutors
Ovidio Guzmán López and Joaquin Guzmán López didn't appear at the hearing in Chicago on Tuesday where prosecutors said they needed more time.CBS News - Jan. 7 -
Trump allies' lawyer under consideration for top federal prosecutor in D.C.
John Irving, a former federal prosecutor who now represents several Trump-world figures, is under consideration to be named the U.S. attorney in Washington, D.C.CBS News - Jan. 7 -
Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy
The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...The Hill - Jan. 7 -
New federal rule will remove medical debt from credit reports
A new rule on medical debt could affect millions of Americans' credit scores.ABC News - Jan. 7 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7 -
Biden announces more federal resources for New Orleans after deadly attack
As President Biden met with families of victims of the New Orleans pickup truck attack, the White House announced more federal resources to protect the city as it looks forward to the Super Bowl ...NBC News - Jan. 6 -
Dalot: Utd motivated by Amorim's leadership plea
Diogo Dalot said Man United's players were motivated to draw with Liverpool after criticism from Ruben Amorim that he does not have enough leaders.ESPN - Jan. 6 -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - Jan. 6 -
Firms to raise prices due to tax and wage increases
Consumers could face higher costs in the coming months amid falling confidence among UK businesses.BBC News - Jan. 6 -
Trump backs massive single bill for taxes, border and energy
Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.Politico - Jan. 5 -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Steep costs of Irish reunification deter Dublin despite tax windfall
Ending division between north and south could lead to €20bn bill every year for two decadesFinancial Times - Jan. 5 -
Why is George Santos asking for a sentencing delay in federal fraud case?
George Santos is currently scheduled to be sentenced next month on Long Island after pleading guilty to federal fraud, campaign finance and embezzlement charges.ABC News - Jan. 3 -
House Republicans Pledge Drilling and Make It Easier to Shed Federal Land
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”The New York Times - Jan. 3 -
Federal court decision won't change California net neutrality law
The 6th Circuit Court of Appeals blasted the FCC's attempts to regulate broadband internet, but state laws in California and New York remain intact.Los Angeles Times - Jan. 3 -
DraftKings tests a subscription service as it looks to offset high New York taxes
DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.CNBC - Jan. 3 -
Nuclear-Energy Stocks Gain After Easing of Hydrogen Tax-Credit Rules
The final rule for clean-hydrogen production would allow some nuclear power plants that are at risk of retirement to produce the gas.The Wall Street Journal - Jan. 3 -
Federal agencies warn of copycat attacks after Bourbon Street rampage
Federal agencies including the FBI warned of the potential for copycat vehicle ramming attacks after the deadly rampage on Bourbon Street in New Orleans.CBS News - Jan. 3 -
Net neutrality rules about internet speeds blocked by federal appeals court
A federal appeals court has ruled that the FCC overstepped its authority by reinstating "net neutrality" rules governing internet service providers.CBS News - Jan. 3 -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - Jan. 3 -
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 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Federal Court Strikes a Final Blow to FCC's Net-Neutrality Rules
Appeals-court decision ends effort to regulate internet providers like utilities, citing Supreme Court decision restraining federal agencies’ powers.The Wall Street Journal - Jan. 2 -
FCC’s Net Neutrality Rules Struck Down by Federal Appeals Court
After nearly two decades of fighting, the battle over regulations that treat broadband providers as utilities came to an end on Thursday.The New York Times - Jan. 2 -
Federal appeals court strikes down Biden net neutrality rules
A federal appeals court ruled this week the Federal Communications Commission (FCC) lacked the authority to restore certain net neutrality rules last year, handing a blow to FCC Democrats and Biden ...The Hill - Jan. 2 -
Federal Judge Keeps Poland Spring’s Water Origin Lawsuit on Docket
A class action suit filed in 2017 that claims ‘not one drop’ of the popular bottled water brand comes from a natural spring will proceed, though some claims were dismissed.Inc. - Jan. 2 -
Federal Agents Search Home of Former NYPD Chief Jeffrey Maddrey
Jeffrey Maddrey, who had been chief of department, resigned on Dec. 20 after a lieutenant accused him of coercing her into sex.The New York Times - Jan. 2 -
Evidence Against Drinking Has Grown. Will Federal Advice Change?
Officials in other countries are warning about the health hazards of alcohol in any amount. Americans are still told that moderate drinking is safe. What gives?The New York Times - Jan. 2 -
Federal authorities on heightened terror alert despite no known threat
The FBI confirmed that an ISIS flag was on the vehicle used in the deadly New Orleans truck ramming attack that killed at least 15 people and injured dozens of others. It comes as the FBI says the ...NBC 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 -
Biden briefed on New Orleans attack, spoke to mayor about federal support
NBC News' Gabe Gutierrez reports that President Biden has been briefed after a car drove into a crowd in New Orleans and has spoken to the mayor of the city to offer support as the investigation ...NBC News - Jan. 1