After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.
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Treasury: COVID Stimulus May Have Contributed to Inflation
U.S. Treasury Secretary Janet Yellen said spending could have have contributed “a little bit” to rising inflation.Inc. - 9h -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 14h -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - 13h -
Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact
At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...MarketWatch - 21h -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - 1d -
Four San Diego fraternity members charged after setting member on fire
Men charged with felonies after skit leads to third-degree burns over 16% percent of pledge’s body, prosecutors say. Four fraternity members at San Diego State University are facing felony charges ...The Guardian - 1d -
Fires Break Out Across Southern California Amid Fierce Winds
The region’s utility company said it was prepared to cut power to more than 400,000 customers to try to prevent more blazes.The New York Times - 1d -
Pelicans' Zion Williamson set for return vs. Timberwolves after two-month injury absence
Williamson has been sidelined since November due to a left hamstring strainCBS Sports - 1d -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - 1d -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - 1d -
CISA says 'no indication' other agencies impacted by Treasury hack
The Cybersecurity and Infrastructure Security Agency (CISA) said Monday that there is “no indication” other federal agencies were impacted by the recent breach at the Treasury Department. The ...The Hill - 2d -
30-year Treasury yield ends at highest since November 2023 after report of Trump tariff plans
Yields on U.S. government debt finished mostly higher on Monday as traders focused on a report about President-elect Donald Trump’s plans for applying tariffs.MarketWatch - 2d -
NFL playoffs are set after Lions clinch NFC North in final game of season
The Detroit Lions beat their division rival the Minnesota Vikings on Sunday night to win the NFC North and clinch the top spot in the conference. Keiana Martin of CBS Sports HQ breaks down Sunday's ...CBS News - 2d -
NFL playoff field set after Lions rout Vikings to earn NFC's top seed; Patriots fire Jerod Mayo
Detroit trounced Minnesota to win the NFC North and claim the postseason byeCBS Sports - 2d -
German electric vehicles sales collapse in 2024 after end of subsidy
Yahoo News - 2d -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - 2d -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - 3d -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - 4d -
Victor Wembanyama after 100 games: Set to turn 21, his numbers are staggering
Victor Wembanyama’s days as a 20-year-old in the NBA are overABC News - 5d -
Trump calls hush money case 'rigged charade' after judge sets sentencing date
President-elect Trump took to Truth Social to share his frustration after a judge set a Jan. 10 sentencing date in his New York hush money case, calling out a gag order which prevents him from ...The Hill - 5d -
Biden finalizes contentious hydrogen guidance
{beacon} Energy & Environment Energy & Environment The Big Story Biden loosens rules for hydrogen credits The Biden administration on Friday finalized fairly strict climate rules for the nascent ...The Hill - 5d -
Judge sets date for Trump hush-money sentencing but rules out prison term
President-elect will be sentenced for his 34 felony convictions on 10 January, Judge Juan Merchan rules. A judge on Friday set Donald Trump’s sentencing in his hush-money case for 10 January – ...The Guardian - 5d -
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data
Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.MarketWatch - 5d -
Murkowski says she supports extending ObamaCare premium subsidies
Sen. Lisa Murkowski (R-Alaska) said she supports extending enhanced subsidies to help people afford premiums on ObamaCare plans ahead of what’s expected to be an intense debate among congressional ...The Hill - 5d -
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 - 5d -
NWSL expanding to Denver after 'record-setting' fee agreed
The National Women's Soccer League knows the location of its 16th team in the competition, according to reports in the United States.The Athletic and Sportico have shared that the league's newest ...Yahoo Sports - 5d -
US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - 5d -
Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly strict climate rules for the nascent hydrogen energy industry — but the rules contain new flexibilities that are expected to make them less ...The Hill - 5d -
Trump announces new treasury and ambassador nominees
President-elect Trump announced several appointments for his Treasury Department and choices for ambassadors for two European countries. In multiple Thursday Truth Social posts, Trump outlined who ...The Hill - 6d -
World Juniors 2025: Semifinals Set After Exciting Quarters With Canada Losing Again
The world juniors semifinals are set to feature the Sweden and Finland rivalry, while the USA will face a Czechia squad that eliminated Canada in the quarterfinal.Yahoo Sports - 6d -
Net neutrality rules defeated
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story FCC's net neutrality rules overturned by court A federal appeals court ruled Thursday the Federal ...The Hill - 6d -
5 big lobbying battles ahead
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story K Street gears up for Trump 2.0 Lobbyists will have their hands full in 2025 with ...The Hill - 6d -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 6d -
GOP lawmakers request Yellen briefing on Chinese hackers' Treasury breach
Republican lawmakers are swiftly urging the Treasury Department to provide answers on a recent cybersecurity attack from China that infiltrated various workstations, as outlined in ...The Hill - 6d -
5 lobbying fights looming in 2025
Lobbyists will have their hands full with several massive legislative battles coming early in a second Trump administration. President-elect Trump is poised to disrupt business as usual in ...The Hill - 6d -
Chinese government hackers targeted US Treasury office that administers sanctions – report
Treasury disclosed hack earlier this week, with Washington Post reporting targets were Office of Foreign Assets Control and Office of Financial Research. Chinese government hackers breached the US ...The Guardian - Jan. 2
More from The New York Times
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With Stakes High, Lebanese Lawmakers to Try Again to Choose a President
Despite pressure by the United States and others to elect a president in order to receive financial support, a consensus candidate has yet to emerge who can clearly end Lebanon’s political gridlock.The New York Times - 16h -
Russian Strike Kills 13 in Southeastern Ukraine
The attack, which also wounded dozens of people, came hours after Ukraine’s military attacked an oil depot deep inside Russia.The New York Times - 12h -
France Far-Right Party Embraces Jean-Marie Le Pen as a Visionary
For years, the far-right National Rally tried to distance itself from Mr. Le Pen’s racist and antisemitic remarks. But after his death Tuesday, it hailed him as a visionary.The New York Times - 13h -
In Tibet, Earthquake Survivors Face Freezing Weather Conditions
Rescuers rushed to distribute blankets and tents to those displaced by the magnitude-7.1 quake that struck Tibetan villages near Nepal, toppling over 3,000 homes.The New York Times - 1d -
Israeli Strike in West Bank Kills 3, Including Children
Violence has escalated in the occupied territory over the last year and a half, as Israel conducts raids targeting armed fighters with Hamas and Palestinian Islamic Jihad.The New York Times - 10h
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California fires live: five people killed and landmarks threatened as wildfires rage across Los Angeles
Now 130,000 people under evacuation orders as communities affected from the Pacific Coast to inland Pasadena. Full report: overwhelmed firefighters struggle to contain blazes Visual explainer: ...The Guardian - 10m -
Mozambique opposition leader returns after post-election violence
Venâncio Mondlane went into self-imposed exile after disputed elections in October, saying he feared being assassinated. Mozambique’s opposition leader, Venâncio Mondlane, has returned to the ...The Guardian - 20m -
Chadian government plays down gunshots in capital
Yahoo News - 28m -
Pound falls to 14-month low as bond sell-off piles pressure on Rachel Reeves
UK borrowing costs rise again, with analyst warning ‘things are also getting rather ugly’. Business live – latest updates The pound has fallen to a 14-month low against the US dollar as the ...The Guardian - 35m -
Mozambique tense as opposition leader returns from exile
Yahoo News - 41m
