China to Pump Billions into Ailing Housing Market
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Shutdown deal cost IRS $20 billion to probe for tax cheats, maybe for good
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.MarketWatch - 1h -
What is neijuan, and why is China worried about it?
The buzzword – which went viral after a student was filmed working on his laptop while riding his bicycle – reflects a mix of competitiveness and hopelessness amid China’s slowing economy. On the ...The Guardian - 1h -
Is the stock market open on Christmas Eve? Does the post office deliver mail?
It’s the height of the holiday season, so expect schedule changes.MarketWatch - 1h -
House ethics report finds Matt Gaetz paid for sex with minor, used drugs
Just before leaving Washington, D.C., for the holidays, the House Ethics Committee released a long-awaited and damning report on the conduct of former Florida Congressman Matt Gaetz. Scott ...CBS News - 3h -
Breaking down the House Ethics report on Matt Gaetz
On Monday, the House Ethics Committee released its report on former Rep. Matt Gaetz, a Florida Republican. Congressional investigators say they found substantial evidence President-elect Donald ...CBS News - 4h -
FirstFT: The worsening tit-for-tat trade war between the US and China
Also in today’s newsletter, Honda and Nissan agree to merger talks and Bangladesh asks India to return exiled former prime ministerFinancial Times - 5h -
Stock market will find it hard to rally unless the dollar and bonds calm down
Stocks rose to kick off a holiday-shortened week on Monday, but the bond market and the U.S. dollar will likely need to cooperate for the equities rally to resume in smooth fashion.MarketWatch - 6h -
Mega Millions jackpot nears $1 billion for Christmas Eve lottery drawing
A Mega Millions player may win a big jackpot on Christmas Eve. The lottery prize for the December drawing is at an estimated $970 million.CBS News - 6h -
Matt Gaetz, former Trump AG pick, had sex with underage girl while in Congress, House Ethics report says
Matt Gaetz resigned from Congress after President-elect Donald Trump picked him to be attorney general, putting the fate of the House Ethics report in question.CNBC - 7h -
House Ethics Panel Report Accuses Gaetz of ‘Regularly’ Paying for Sex and Using Drugs
The Florida Republican resigned from the House and withdrew as Donald J. Trump’s attorney general pick in the weeks before the report’s release.The New York Times - 9h -
Silicon Valley's White House influence grows as Trump taps tech execs for key roles
Trump nominated top tech leaders for key spots in his administration, including executives who've held roles at Andreessen Horowitz and PayPal.CNBC - 9h -
The Fed’s Stuck in a Wrestling Match With Financial Markets
Investors and the central bank can’t get on same page about where interest rates are headed.Inc. - 9h -
Even as Magdeburg mourns, the AfD is trying to cynically exploit the Christmas market attack | Thomas Vorreyer
For years I’ve watched the far-right party mobilise in my home town. Friday’s terrible events could galvanise it further. On Saturday afternoon in Magdeburg a man stood outside Johanniskirche (St ...The Guardian - 12h -
Christmas Market Attack Suspect Left a Decadelong Trail of Red Flags
The suspect in the attack in Germany had history of threats and harassment though no record of violence and an ideology that didn’t fit familiar patterns.The Wall Street Journal - 12h -
House passes government spending package after Trump, Musk fueled chaos
Politico - 3d -
House Republicans float a debt limit, spending pact deal — with themselves
Politico - 3d -
House GOP picks new funding plan that will need wide Democratic support
Politico - 3d -
Johnson lays out two spending paths in House GOP meeting
Politico - 3d -
Senators continue to wait for House lawmakers to ‘sort it themselves’ on spending
Politico - 3d -
House Ethics report finds 'substantial evidence' Gaetz violated statutory rape law
A House Ethics Committee report found "substantial evidence" that former Rep. Matt Gaetz had sex with a 17-year-old in 2017 in violation of Florida's statutory rape law.ABC News - 5h -
German Christmas market attack offers far-right fertile ground despite suspect's support
There is deep sadness in the city - and also anger directed at the government and migrants.BBC News - 5h -
German police contacted suspect weeks before Christmas market attack
Yahoo News - 6h -
Texas, Florida, Arizona and Idaho likely to gain House seats after 2030 census
Texas, Florida, Arizona and Idaho are likely to gain House seats after the 2030 census, according to consulting firm Election Data Services. A gain of two congressional seats would be seen in Texas ...The Hill - 8h -
House Ethics report says Matt Gaetz paid women for sex and used illegal drugs
The final report of the House Ethics Committee said that there was evidence former Florida Rep. Matt Gaetz had paid women for sex, including a then-17-year-old girl at a party in 2017. NBC News’ ...NBC News - 8h -
Key takeaways from House ethics report on Matt Gaetz misconduct
The House Ethics Committee released a report detailing former Florida Rep. Matt Gaetz's apparent misconduct. CBS News' Michael Kaplan breaks down the report's key takeaways, which include ...CBS News - 9h -
Germany's far-right AfD holds march after Christmas market attack
Yahoo News - 9h -
House Democrat criticizes Biden's death row commutations
Rep. Mike Quigley (D-Ill.) criticized President Biden’s decision on Monday to commute the sentences of 37 people on federal death row, saying courts must have “autonomy.” “I have real concerns ...The Hill - 9h -
Did Elon Musk kill a bill blocking investments in China to help Tesla?
Democrats have accused the Tesla CEO of influencing the government-funding bill to his own benefit.MarketWatch - 10h -
Legal analysis of House ethics report on Matt Gaetz
The House Ethics Committee on Monday released its report on former Rep. Matt Gaetz. Among the findings is evidence that Gaetz had used illegal drugs and paid for sex with a 17-year-old. Gaetz has ...CBS News - 10h -
House Ethics report says Matt Gaetz may have violated state laws on prostitution, statutory rape
The House Ethics Committee released the report summarizing the investigation into former Rep. Matt Gaetz, who vacated his seat in November.NBC News - 10h -
Nordstrom to go private in $6.25 billion deal with Nordstrom family
Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal.CBS News - 10h -
US targets China with probe into semiconductor industry
The White House on Monday launched a new probe into China's semiconductor industry as the Biden administration continues to take more aggressive action against Chinese technology out of national ...The Hill - 10h -
Stock market ‘Santa Claus rally’ might get a late start this year
The Santa Claus Rally could get off to a late start this year. But better late than never.MarketWatch - 10h -
Eli Lilly looks to extend its winning streak over the broader market to 6 years
The drugmaker's ability to further expand available supply of its obesity and weight loss drugs is crucial.CNBC - 10h -
Australia to extradite former Marine pilot who worked in China
Australia has agreed to extradite a former Marine pilot whom the U.S. has accused of training Chinese pilots more than a decade ago. Australian Attorney General Mark Dreyfus confirmed in a ...The Hill - 11h -
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El ...NBC News - 11h -
Consumer confidence dented by stock-market worries and threat of Trump tariffs
The consumer-confidence index fell to a three-month low in December.MarketWatch - 11h -
READ: House Ethics report on Gaetz allegations
The House Ethics Committee on Monday released its report on former Rep. Matt Gaetz (R-Fla.), who has faced allegations of sexual misconduct and illicit drug use, among other violations. Gaetz, who ...The Hill - 11h -
Billions in EU aid disbursed to Germany, others
Yahoo News - 11h -
House ethics report finds Matt Gaetz paid for sex with 17-year-old girl, used illegal drugs
The House Ethics Committee report on Matt Gaetz says it found evidence the former congressman paid for sex with a 17-year-old girl and used illegal drugs, according to a final draft of the ...CBS News - 11h