
Congress Lets Obamacare Subsidies Die, Premiums Poised to Surge
Congress adjourned without extending Obamacare subsidies, setting up double-digit premium spikes for 13 million Americans next year.
AI-curated insights and real-time breaking news in the world of finance.
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Congress adjourned without extending Obamacare subsidies, setting up double-digit premium spikes for 13 million Americans next year.

European banks are on track to eliminate 200,000 jobs by 2030 as artificial-intelligence systems take over tasks from compliance to customer service.
Trump’s plan to gut the Consumer Financial Protection Bureau is triggering compliance chaos for small banks that relied on uniform federal rules.

Oil has closed out its worst annual rout since Covid as record supply collides with tepid demand, slashing 27 % off Brent and reshaping global balances.

Millions of Americans like Amanda Reyes woke up to insurance hikes after pandemic-era healthcare subsidies expired overnight, reviving fears of medical debt and untreated illness.

Financial sectors show unexpected stability amidst global market shifts.

Crypto users are now required to share their account details with tax officials, sparking debate over privacy and security.
SpaceX, OpenAI and Anthropic are all targeting 2026 for blockbuster IPOs that could redefine tech investing—and volatility.

China's investment in Latin America is changing the region's economic landscape, posing challenges for the United States.

Trump administration delays tariff hike on furniture and kitchen cabinets for a year, providing temporary relief to businesses and consumers.

People are reevaluating their spending habits, declaring several former essentials as no longer necessary, sparking a debate about the true meaning of 'essential' in modern times.

Global equities just closed out a rare trifecta—three straight years of double-digit gains—despite inflation shocks, wars and supply-chain chaos.