The Treasury Department Released 603 Pages of Proposed Rules for the Corporate Alternative Minimum Tax
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Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - 7h -
Chinese TikTok alternative RedNote tops app charts ahead of potential ban
TikTok users are pushing back against the looming TikTok ban Sunday by downloading a Chinese app called RedNote, or Xiaohongshu.NBC News - 15h -
Spain proposes 100% tax on property purchases for non-EU buyers
Prime Minister Pedro Sánchez unveils plan to tackle housing crisisFinancial Times - 1d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 1d -
Bessent to divest from assets on road to leading Treasury
President-elect Trump’s Treasury Secretary pick Scott Bessent has plans to divest from funds and other investments as he prepares to take over as the country’s top economic official. In an ...The Hill - 2d -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - 2d -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - 3d -
Meta and Amazon axe diversity initiatives joining US corporate rollback
The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.BBC News - 4d -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 4d -
Lebanon Turns a Political Page as Hezbollah’s Hold Is Weakened
A stinging defeat in war has left the once untouchable group on its most uncertain footing in years.The New York Times - 4d -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - 5d -
Treasury yields fall in shortened trading session
U.S. Treasury yields fell during a shortened trading session as the bonds market will close early in honor of the late former U.S. President Jimmy Carter.CNBC - 5d -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - 5d -
Demystifying the Department of Government Efficiency
This week we break down the new government committee being led by Elon Musk and Vivek Ramaswamy.Wired - 5d -
Meloni says Italy’s military has ‘no public alternative’ to Musk’s Starlink
Italian premier defends talks with billionaire’s SpaceX company and rejects accusations he poses ‘a danger to democracy’Financial Times - 5d -
Canadiens Players Hit Hardest By Taxes
The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.Yahoo Sports - 5d -
Morning Report — Trump, Senate GOP try to get on the same page
In today’s issue: Republicans’ 2025 legislative playbook is taking shape. President-elect Trump on Wednesday met with Senate Republicans in the Capitol, after he and Melania Trump paid their ...The Hill - 5d -
Canada on Trump's Proposed Union: Thanks, but Let's Just Be Friends
The president-elect’s comments about the U.S. annexing its northern neighbor were rejected by Canadians of all political stripes.The Wall Street Journal - 5d -
American Primeval — Old West saga is a darker alternative to Yellowstone
Brutally violent Netflix series about a mother and son on the run is set in 1850s Utah TerritoryFinancial Times - 5d -
Corporate borrowers kick off 2025 with record-setting $83bn bond bonanza
Issuers pounce on surging investor demand for debt before Donald Trump returns to the White HouseFinancial Times - 5d -
Treasury: Covid Stimulus May Have Contributed to Inflation
Treasury secretary Janet Yellen said spending could have have contributed ‘a little bit’ to rising inflation.Inc. - 6d -
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 - 6d -
Justice department to release part of Trump election interference report, leaving out documents case – US politics live
Department of Justice to release details on Jack Smith’s investigation into attempts to overturn 2020 result but withhold Mar-a-Lago documents portion . Outgoing secretary of state Antony Blinken ...The Guardian - 6d -
White House readies nicotine proposal in administration's final days
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story FDA rule to lower nicotine levels closes in on finish line The Food and Drug Administration is poised to try ...The Hill - Jan. 7 -
Meta proposes new scalable memory layers that improve knowledge, reduce hallucinations
According to Meta, memory layers may be the the answer to LLM hallucinations as they don't require huge compute resources at inference time.VentureBeat - Jan. 7 -
FirstFT: US corporate bankruptcies hit 14-year high
Also in today’s newsletter, Trump reiterates ambition to buy Greenland and Wall Street’s top regulator steps downFinancial Times - Jan. 7 -
Newsom proposes 'balanced' budget with no deficits
California Gov. Gavin Newsom (D) on Monday proposed a $322 billion budget that he said would be "balanced" and without deficits — marking a significant turnaround after two years of shortfalls. ...The Hill - Jan. 6 -
Forklifts Hurt Thousands of Workers Each Year. Factories Are Seeking Alternatives.
Companies say the demand for autonomous versions is growing.The Wall Street Journal - Jan. 5 -
How Elon Musk’s X became the global right’s supercharged front page
Musk has now used X as a platform to make aggressive interventions in US politics – and in those of other countries. As a business proposition, Elon Musk’s ownership of X, formerly known as ...The Guardian - Jan. 4 -
Justice Department resolves investigation of Antioch Police Department over racist texts
The Department of Justice announced on Friday it has resolved a biased policing investigation of California's Antioch Police Department, where racist texts allegedly sent by officers sparked ...NBC News - Jan. 4 -
U.S. Steel faces murky future after proposed Nippon Steel takeover
The Biden administration blocked the purchase of U.S. Steel by Japan's Nippon Steel. Here's what that could mean for the once iconic American company.CBS News - 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 -
America needs a real challenger to corporate greed, not conspiracy-riddled RFK Jr.
We need more policy leaders who are genuinely committed to challenging corporate power without harmful quackery.The Hill - Jan. 3 -
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.The New York Times - Jan. 3 -
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 - Jan. 3 -
There’s a big problem with trying to replace Johnson — no clear alternates
Three potential alternate speaker candidates have come up in conversations among holdouts. But they don’t have the needed votes to become speaker, either.Politico - Jan. 2 -
DOJ Takes the Dizzying Corporate Transparency Act Saga to the Supreme Court
The anti-money laundering law has been volleyed back and forth at the appeals level. Should businesses comply with its reporting requirements anyway?Inc. - Jan. 2 -
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. - Jan. 2 -
Neil Young shuns Glastonbury over 'corporate control'
The rock star says the festival, which is partnered with the BBC, is "now under corporate control".BBC News - Jan. 2
