The Biden administration has banned medical debt from credit reports, removing $49 billion in bills for 15 million Americans despite industry opposition.
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China Turns to Kitchen Appliances, Cars, Electronics for Economic Recovery; But Economists Are Skeptic
China's economy is trying to boost consumer spending through trade-in discounts for appliances and cars, but some economists doubt its long-term effectiveness.
Ad-Supported Streaming Boosts Disney's Global Reach to 157M Users
Disney reports 157 million global monthly active users on its ad-supported streaming services, with ad revenue becoming a key driver for profitability across Disney+, Hulu, and ESPN+.
UK Debt Pressure Rises as Borrowing Costs Soar to 16-Year Record Levels
Global bond market pressures, including UK bonds and US inflation concerns, cause stock declines and weakened the pound as investors await the US payroll report.
Taylor Swift Leads UK Music Sales as the Market Reached a Record High of $2.976 Billion in 2024
UK music revenue surged to $2.9B (£2.4B) in 2024, marking a strong recovery driven by streaming and vinyl growth, but inflation-adjusted figures remain lower than 2001.
Latest News
Meta's new board appointments, including UFC's Dana White, signal efforts to rebuild ties with Trump and strengthen its presence in tech and politics ahead of the upcoming inaugural.
Starting this week, travelers from the US and over 35 nations must pay a $12.50 entry fee and apply for the UK's new Electronic Travel Authorization (ETA).
Oil prices remain high, supported by colder weather and geopolitical factors, with Brent at $76.73 and WTI at $74.19, as demand rises and sanctions tighten supply.
The International Longshoremen's Association is threatening a strike on January 15 over automation and pay disparity, seeking fair compensation despite a proposed wage hike.
Nippon Steel and US Steel are suing the Biden administration after the merger between the two companies was blocked over national security concerns, despite promises of U.S. investments.
Biden's ban on offshore drilling protects 625 million acres of US waters, prioritizing climate goals, but may face legal challenges from future administrations.
US Surgeon General's advisory links alcohol to cancer, requiring warning labels on alcoholic beverages, which has caused stock declines for major alcohol companies.
Delta Air Lines led North America in punctuality for 2024 with 83.46% on-time arrivals, marking its fourth consecutive year of operational excellence.
Businessman Faces Charges for Soliciting Investments From Florida Residents to Fund Lavish Lifestyle
Paul Wright faces fraud and perjury allegations in Florida, accused of misusing over $10M in client funds, including private jet rentals and buying a house.
