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Judge Nixes Trump Bid to Purge DEI Terms From Head Start Applications
A federal judge has temporarily blocked the Trump administration’s efforts to remake Head Start.

By The Financial District
5 hours ago1 min read


Judge Stops Trump from Blocking Child Care Money for Five States
A federal judge has ruled that President Donald Trump’s administration cannot block federal funding for child care subsidies and other programs supporting low-income families with children from flowing to five Democratic-led states.

By The Financial District
1 day ago1 min read


U.S. Has “Legal Obligation” to Fund UN Agencies Despite Trump Withdrawal
The United States has a “legal obligation” to continue paying its dues to United Nations agencies despite President Donald Trump’s decision to withdraw support from dozens of initiatives.

By The Financial District
1 day ago1 min read


Health Subsidies Expire; Millions of Americans Face Higher Premiums
Enhanced tax credits that helped reduce the cost of health insurance for the vast majority of Affordable Care Act enrollees expired overnight, cementing higher health-care costs for millions of Americans at the start of the new year.

By The Financial District
Jan 82 min read


As U.S. Debt Soars to $38 Trillion, Hedge Funds Jump Into the Bond Market
The composition of US debt holders has shifted significantly over the past decade, with ownership moving away from foreign governments and toward profit-driven private investors.

By The Financial District
Jan 61 min read


Bulgaria Becomes the 21st Country to Join the Euro
On New Year’s Day, Bulgaria became the 21st country to join the euro currency union, further deepening its integration into the European Union.

By The Financial District
Jan 51 min read


Morgan Stanley Seen as Front-Runner for SpaceX IPO
Morgan Stanley is emerging as a leading contender for a key role in SpaceX’s blockbuster initial public offering, as the bank’s close ties to CEO Elon Musk give it an edge in the decision.

By The Financial District
Jan 11 min read


PNB Digital Dubbed Best in the Country
Listed Philippine National Bank’s mobile banking app, PNB Digital, was recognized internationally after winning Best Mobile Banking Experience in the Philippines at the International Business Magazine Awards 2025.

By The Financial District
Dec 30, 20251 min read


California Drops Lawsuit Seeking to Reinstate Funding for State’s Bullet Train
California this week dropped a lawsuit against the Trump administration over the federal government’s withdrawal of $4 billion in funding for the state’s long-delayed high-speed rail project.

By The Financial District
Dec 29, 20251 min read


SoftBank Races to Fulfill $22.5-B Commitment to OpenAI
SoftBank Group is racing to close a $22.5 billion funding commitment to OpenAI by year’s end through an array of cash-raising measures.

By The Financial District
Dec 28, 20252 min read


Capital One Tops List of Best US Banks for Sixth Consecutive Year
There are more than 4,000 commercial banks in the United States, and with online banking, customers now have access to more financial products and services than ever before.

By The Financial District
Dec 27, 20251 min read


Chubb–AIG Combination Doesn’t Guarantee Better Earnings
Some investors are weighing the possibility of a combination between insurers Chubb and American International Group.

By The Financial District
Dec 23, 20252 min read


Insurance Will Spike for the Poor, Who Will Subsidize Tax Cuts for Billionaires
Top health care executive John Driscoll calls the looming expiration of enhanced Affordable Care Act (ACA) subsidies “a tragedy in the making.”

By The Financial District
Dec 23, 20252 min read


Number of U.S. Workers Receiving Bonuses Is Declining
Many employees are thinking about raises and bonuses this time of year, but they may be disappointed.

By The Financial District
Dec 23, 20251 min read


Top 100 U.S. Charities Still See 4.4% Hike in Donations
There’s no denying it has been a difficult period for some of the nation’s top charities.

By The Financial District
Dec 22, 20252 min read


JPMorgan’s Dimon Signals Support for Kevin Warsh as Fed Chief
JPMorgan CEO Jamie Dimon signaled support for former Federal Reserve Governor Kevin Warsh as the next chair of the U.S. central bank.

By The Financial District
Dec 19, 20251 min read


China Executes Banker Over £116-Million Bribery Case
China has executed a former senior banker for accepting £116 million in bribes, marking the latest high-profile case in President Xi Jinping’s anti-corruption campaign.

By The Financial District
Dec 15, 20251 min read


PNB Returns to Bond Market with ₱15.7-B Dual-Tranche ASEAN Sustainability Offering
PNB Returns to Bond Market with ₱15.7-B Dual-Tranche ASEAN Sustainability Offering
Philippine National Bank (PNB) raised ₱15.7 billion through a dual-tranche three-year and five-year ASEAN Sustainability Bond issuance.

By The Financial District
Dec 14, 20251 min read


American Bitcoin Sinks 50% in Minutes as Crypto Sell-Off Deepens
American Bitcoin’s ABTC stock lost more than half its market value in just 30 minutes at one point last week.

By The Financial District
Dec 12, 20251 min read


White House to Withhold SNAP Food Aid From Dem-led States
The Trump administration said that it will move to withhold SNAP food aid from recipients in most Democratic-controlled states starting next week unless those states provide information on aid recipients.

By The Financial District
Dec 12, 20251 min read


Michael, Susan Dell to Donate $6.25-B for "Trump Accounts"
Billionaires Michael and Susan Dell have pledged $6.25 billion to provide 25 million American children aged 10 and under an incentive to claim the new investment accounts created as part of President Donald Trump’s tax and spending legislation.

By The Financial District
Dec 12, 20251 min read


BlackRock Bitcoin ETF Sheds $2.7-B in Record Outflows
BlackRock Inc.’s iShares Bitcoin Trust has posted its longest streak of weekly withdrawals since its January 2024 debut.

By The Financial District
Dec 12, 20251 min read


GOP Scuttles Trump Plan to Extend Obamacare Subsidies
President Donald Trump appeared ready to propose a policy framework to address health care costs that included extending subsidies under the Affordable Care Act set to expire at the end of December.

By The Financial District
Nov 28, 20251 min read


White House Okays Fast Debt Relief
The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could unlock long-awaited student loan relief for millions of borrowers.

By The Financial District
Nov 28, 20251 min read
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