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NEW YORK (AP) — For one Wisconsin couple, the loss of government-sponsored health subsidies next year means choosing a lower-quality insurance plan with a higher deductible. For a Michigan family, it means going without insurance altogether.For a single mom in Nevada, the spiking costs mean fewer Christmas gifts this year. She is stretching her budget already while she waits to see if Congress will act.Less than three weeks remain until the expiration of COVID-era enhanced tax credits that have helped millions of Americans pay their monthly fees for Affordable Care Act coverage for the past four years.The Senate on Thursday…
Neal Mohan, the CEO of YouTube speaks during a panel for the Summit for Democracy on March 30, 2023 in Washington, DC.Anna Moneymaker | Getty ImagesYouTube’s CEO Neal Mohan is the latest in a line of tech bosses who have admitted to limiting their children’s social media use, as the harms of being online for young people have become more evident. Mohan, who took the helm of YouTube’s leadership in 2023, was just named Time’s 2025 CEO of the Year. He said in an interview with the magazine that his children’s use of media platforms is controlled and restricted. “We…
Hannah Rothschild during a special recording of “CNBC Meets: Legacies” at a private banking event organized by United Overseas Bank in Singapore on Nov. 19.CNBCDame Hannah Rothschild has long understood that being born into one of Europe’s most storied dynasties confers not only privilege but a deep sense of duty, as she works to guide a centuries-old family network into its next chapter.At the age of nine, the eldest daughter of the late British financier Jacob Rothschild started sitting at the dining table with visiting business figures, listening and absorbing conversations about subjects such as the Japanese economy.The intellectual atmosphere…
SURIN, Thailand (AP) — Fighting continued to rage Saturday morning along the border of Thailand and Cambodia, even after U.S. President Donald Trump, acting as a mediator, declared that he had won agreement from both countries for a ceasefire.Thai officials have said they did not agree to a ceasefire, and Cambodia has not commented on Trump’s claim. Its defense ministry instead said Thai jets carried out airstrikes Saturday morning. Cambodian media reported Trump’s claim without elaborating.The latest large-scale fighting was set off by a skirmish on Dec. 7 that wounded two Thai soldiers and derailed a ceasefire promoted by Trump…
NAIROBI, Kenya (AP) — Eritrea on Friday withdrew from the Intergovernmental Authority on Development, accusing the East African regional bloc of nations of acting against the country’s interests.At the same time, the United Nations expressed concern over renewed tensions between Eritrea and neighboring Ethiopia, which signed a peace agreement 25 years ago.Eritrea’s foreign ministry said in a statement Friday it was withdrawing “from an organization that has forfeited its legal mandate and authority; offering no discernible strategic benefit to all its constituencies and failing to contribute substantively to the stability of the region.”Eritrea quit IGAD in 2003 and rejoined two…
NUSEIRAT, Gaza Strip (AP) — Sitting in her wheelchair, Haneen al-Mabhouh dreams of rebuilding her family, of cradling a new baby. She dreams of walking again. But with her leg gone, her life in Gaza is on hold, she says, as she waits to go abroad for further treatment.An Israeli airstrike in July 2024 smashed her home in central Gaza as she and her family slept. All four of her daughters were killed, including her 5-month-old baby. Her husband was severely burned. Al-Mabhouh’s legs were crushed under the rubble, and doctors had to amputate her right leg above the knee.“For…
BURLINGTON, Wash. (AP) — When Eddie Wicks and his wife went to bed in their house next to the Snoqualmie River on a Washington state farm known for its sunflower mazes and Christmas trees, they weren’t too worried about the flooding heading their way.After 30 years living in the city of Duvall northeast of Seattle, their family had plenty of experience with floods and always made it through largely unscathed. But as they moved their two donkeys to higher ground and their eight goats to their outdoor kitchen, the water began to rise much quicker than anything they’d experienced before.“It…
BALTIMORE (AP) — Kilmar Abrego Garcia, whose mistaken deportation helped galvanize opposition to President Donald Trump’s immigration policies, was released from immigration detention on Thursday, and a judge has temporarily blocked any further efforts to detain him. Abrego Garcia currently can’t be deported to his home country of El Salvador thanks to a 2019 immigration court order that found he had a “well founded fear” of danger there. However, the Trump administration has said he cannot stay in the U.S. Over the past few months, government officials have said they would deport him to Uganda, Eswatini, Ghana and, most recently,…
CNBC’s Jim Cramer on Friday reviewed the stock of luxury home goods retailer RH, saying the company could succeed if the housing market strengthens. “RH is high-risk, high-reward, but it really comes down to how you feel about housing,” Cramer said.The stock has been a “rollercoaster” over the last several years as CEO Gary Friedman attempted to expand the business in the face of an economic downturn and a tough housing market, Cramer said.RH started to decline about a year ago after the Federal Reserve stopped cutting rates and the Trump administration’s tariffs hit countries where RH does most of…
CNBC’s Jim Cramer on Friday told investors what to look out for next week on Wall Street, including new economic data and earnings from FedEx and manufacturer Jabil.He also remarked on this week’s big decline in tech stocks. He said he still believes in the power of artificial intelligence and suggested some of these names might be worth buying once their valuations come down.”We need every piece of data to keep up on what’s really happening as the money rotates from the Magnificent Seven to all these other different other areas, kind of like a fire hose,” he said.Tuesday brings…