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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 - 3h -
Exodus by Wall Street Banks From Climate Group Worries Advocates
The end of the year saw five of the six largest U.S. banks leave the Net-Zero Banking Alliance, as conservative pressures discouraged their climate change policies.Inc. - 1d -
West Bank Settlers Hope Trump Will Back Annexation Dreams
Settler leaders say they are confident that a Palestinian state is off the table, but their expectations are tempered by their experience of Donald Trump’s first term.The New York Times - 1d -
Bangladesh requests Siddiq’s bank account details as part of corruption probe
UK City minister under scrutiny for links to ousted regime of her aunt Sheikh HasinaFinancial Times - 9h -
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Bank of America’s stock could go up 20% in 2025, says this analyst
UBS’s Erika Najarian upgrades Bank of America to buy from neutralMarketWatch - 11h -
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 - 13h -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - 17h -
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 - 19h -
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Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - 1d -
Why bank stocks care that Michael Barr is stepping down as top Fed banking cop
As vice chair of supervision, Barr was leading the effort to raise capital requirements for banks.MarketWatch - 1d -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - 1d -
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 - 1d -
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 - 1d -
Three Israelis killed in West Bank shooting, army pursuing suspects
JERUSALEM — Three Israelis were killed on Monday and several injured in a shooting attack on a car and bus near the town of Kedumim in the Israeli-occupied West Bank, Israel’s national ambulance ...NBC News - 1d -
Israeli officials say 3 killed in attack on vehicles in occupied West Bank
Far-right Israeli official calls for destruction of Palestinian town in occupied West Bank after 3 killed, 7 wounded in shooting attack.CBS News - 1d -
Three killed in Palestinian shooting attack on bus in West Bank
Two women and a man are killed after gunmen open fire in al-Funduq, Israel's military and paramedics say.BBC News - 1d -
Shooting attack on a bus carrying Israelis in the occupied West Bank kills 3
A shooting attack on a bus carrying Israelis in the occupied West Bank has killed at least three peopleABC News - 1d -
Investment banks prepare for crunch year in 2025
Boutiques counting on M&A rebound to support elevated valuations and star hiresFinancial Times - 1d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 4d -
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 - 4d -
FirstFT: China’s central bank prepares for historic monetary policy shift
Also in today’s newsletter, cold winter snap stokes US heating prices and a shake-up at the top of MetaFinancial Times - 4d -
Help! Ryanair Won’t Send Flight Compensation to a U.S. Bank Account
After being grounded for 12 hours in Berlin, a mother and daughter were owed both compensation and a rebooked flight. All they got were nonsensical responses from customer service.The New York Times - 4d -
Online traders warned to check tax return status
Deadline looms as Airbnb, eBay and other platforms report individuals’ incomeFinancial Times - 4d -
UK heading for tax rises despite return to growth, economists say
The FT’s annual poll forecasts better performance than France and GermanyFinancial Times - 5d -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - 5d -
Why you should open a CD with an online bank this January
Most banks and credit unions offer CDs, but opening one with an online bank could make a lot of sense right now.CBS News - 5d -
Palestinian Authority Bans Al Jazeera in West Bank
The ban comes as the PA battles militants from Hamas and its allies for control over parts of the West Bank, a fight that could shape the struggle for leadership of the Palestinian cause.The Wall Street Journal - 5d -
Palestinian Authority suspends Al Jazeera TV channel in West Bank
The Foreign Press Association has said the move "raises serious questions about press freedom".BBC News - 5d -
The Palestinian Authority Takes on Hamas Militants in West Bank Power Struggle
Weeks of deadly fighting have marked the most serious clashes between Palestinian factions in years.The Wall Street Journal - 5d -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - 5d -
Drone footage shows collapsed Cheshire canal bank triggering flood
The aqueduct collapsed and flooded surrounding field after heavy rainfall.BBC News - 6d -
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 - 6d -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
