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Biden administration passes the torch to local leaders to keep climate action alive

The Biden administration set ambitious new goals to slash US greenhouse gas emissions under the Paris climate accord, urging states and local governments to stay on course regardless of President-elect Donald Trump’s plans to purposefully ignore climate change. The nearly 200 countries that have joined the Paris agreement face a deadline in February to update their national climate plans. Biden’s …

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Thwarted expectations of more Fed cuts hammered markets

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today A cut now, …

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