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Health subsidies expire, launching millions of Americans into 2026 with steep insurance hikes

NEW YORK (AP) - Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight, cementing higher health costs for millions of Americans at the start of ...
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AI spending, strong corporate profits, Fed rate cuts seen as key to 2026 US stock market

By Lewis Krauskopf NEW YORK, Dec 31 (Reuters) - The U.S. stock market is closing the books on a third straight year of double-digit percentage gains. A fourth stellar year in 2026 may be a tall order, requiring strong earnings, ...
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US Coast Guard searches for survivors after strike on suspected drug vessels

By Idrees Ali and Jasper Ward WASHINGTON, Dec 31 (Reuters) - The United States Coast Guard is searching for survivors of a U.S. military strike against a convoy of suspected drug vessels in the Pacific Ocean, U.S. officials said on ...
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Chief Justice says Constitution remains ‘firm and unshaken’ with major Supreme Court rulings ahead

WASHINGTON (AP) - Chief Justice John Roberts said Wednesday that the Constitution remains a sturdy pillar for the country, a message that comes after a tumultuous year in the nation's judicial system with pivotal Supreme Court decisions on the ...
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Kraft Group, Boston/Everett reach agreement for Revs stadium project

The New England Revolution's path towards its own stadium took a major step forward on Wednesday. The Kraft Group announced it has reached agreements with the cities of Boston and Everett, Mass., significant progress towards the transformation of a "long-neglected ...
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China imposes curbs on beef imports to protect domestic industry

By Daphne Zhang, Ella Cao and Liz Lee BEIJING/SAO PAULO, Dec 31 (Reuters) - China will impose an added 55% tariff on beef imports that exceed quota levels from key suppliers including Brazil, Australia and the U.S. in a move ...
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Mamdani’s inauguration: New York, New Year, new mayor

By Maria Tsvetkova NEW YORK, Dec 31 (Reuters) - Zohran Mamdani was sworn in as New York City mayor in the first minutes of the New Year at the historic City Hall subway station, with his wife Rama Duwaji standing ...
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Viral ‘6-7’ tops 2025 list of overused words and phrases

Respondents to an annual Michigan college survey of overused and misused words and phrases say " 6-7 " is "cooked" and should come to a massive full-stop heading into the new year. Those are among the top 10 words on ...
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Zohran Mamdani sworn in as New York City mayor at historic subway station

NEW YORK (AP) - Zohran Mamdani became mayor of New York City just after midnight Thursday, taking the oath of office at an historic, decommissioned subway station in Manhattan. Mamdani, a Democrat, was sworn in as the first Muslim leader ...
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Mamdani’s inauguration: New York, new year, new mayor

By Maria Tsvetkova NEW YORK, Dec 31 (Reuters) - Zohran Mamdani was a trailblazing candidate whom many in his city of 8 million - some with hope, some with trepidation - expect to be a disruptive New York mayor. The ...
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Japan business lobby chiefs urge government to tackle weak yen, media reports

TOKYO, Jan 1 (Reuters) - Two major Japanese business lobbying groups called on the government to address the yen's weakness, which is inflating import costs and weighing on households and businesses, their chiefs told domestic media in separate interviews. Yoshinobu ...
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Trump administration removes three spyware-linked executives from sanctions list

By Raphael Satter WASHINGTON, Dec 30 (Reuters) - President Donald Trump's administration has lifted sanctions on three executives tied to the spy software consortium Intellexa, according to a notice published to the U.S. Treasury's website. The move partially reverses the imposition ...
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