CNN 5 Things

Ski Resort Fire, Healthcare Subsidies Run Out, Mountain Lion Attack and more

Jan 2, 2026
A tragic fire at a Swiss ski resort bar has claimed many lives and injured many more. Millions of Americans are affected as Obamacare's enhanced premium subsidies come to an end. New York City welcomes its new mayor, Zohran Mamdani, with promises of innovative policies. Meanwhile, the Trump administration is cutting FEMA disaster response staff, raising concerns about future readiness. In a disturbing incident, a hiker in Colorado has died following a suspected mountain lion attack, leading to the euthanization of two lions.
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ANECDOTE

Deadly Ski-Resort Blaze

  • A New Year’s fire at Le Constellation Bar in Crans-Montana killed at least 40 people and wounded over 100.
  • Witnesses described people screaming, smashing windows, and bodies covered with jackets on the ground.
INSIGHT

Obamacare Subsidies Have Lapsed

  • Enhanced Obamacare subsidies ended at the close of 2025, likely raising costs or pushing people uninsured.
  • The lapse already reduced new enrollments and increased terminations, per state exchange leaders.
INSIGHT

New York's Progressive Mayor Takes Office

  • Zohran Mamdani was sworn in as New York City's mayor, promising to tackle affordability with tax increases on the wealthy and corporations.
  • He is the city's first Muslim and South Asian mayor and the youngest in over a century.
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