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Good morning. You’re reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day. Today’s top stories TikTok and the Department of Justice are headed to the Supreme Court, where justices could decide whether a law banning the app … Read more
By Saqib Iqbal Ahmed NEW YORK (Reuters) -U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect Donald Trump returns to the White House, putting the focus on whether the U.S. economy can continue to outperform. The changing of the … Read more
(Reuters) -Singapore Post has appointed the CFO of its Australia business as group finance chief, the company said on Sunday, a week after dismissing its CFO and two senior executives for mishandling a whistleblower report. Isaac Mah, who joined Singapore Post in 2019, most recently oversaw the sale of the company’s Australia business to private … Read more
By Lewis Krauskopf NEW YORK (Reuters) -Investors are expecting more gains for the U.S. stock market in 2025 after two straight standout years, fueled by a solid economy supporting corporate profits, moderating interest rates and pro-growth policies from incoming president Donald Trump. The benchmark S&P 500 is up roughly 24% year-to-date, even with a recent … Read more
By Rae Wee and Greta Rosen Fondahn SINGAPORE (Reuters) -The dollar defended its recent dominance on Tuesday in a holiday-lined week, as investors considered the prospect of higher-for-longer U.S. interest rates, leaving other major currencies struggling near milestone lows. The U.S. dollar has leaped ahead over the past three months against a basket of currencies, … Read more
The Internal Revenue Service (IRS) headquarters building in Washington. J. David Ake/AP hide caption toggle caption J. David Ake/AP Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail … Read more
Automatic payments certainly simplify your financial life. You can reduce the risk of late payments and fees, and some lenders even give you a discount for enrolling in autopay. However, the convenience of automatic payments does have a downside: You could end up paying for services you no longer use without realizing it. In fact, … Read more