Emma Stoltzfus
Reuters
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US economy wows with 256,000 jobs added in December, more than expected
The U.S. economy added 256,000 jobs in December, roughly 100,000 jobs more than expected. The unemployment rate ticked down to 4.1% from November’s 4.2%. December’s jobs figure was even higher than November’s 212,000, which experts said was skewed higher by people returning to work from strikes and hurricanes. December’s Labor Department’s report appeared to be… -
California wildfires causing $57 billion in damage as providers canceled insurance
The devastating southern California wildfires could cause between $52 billion and $57 billion in economic losses, according to experts at AccuWeather. But homeowners affected have unique insurance factors in play as they try to put their lives back together. In the months leading up to the disaster, many affected homeowners lost their original insurance coverage.… -
What does Trump want with Greenland when US already has military control?
President-elect Donald Trump is threatening military and economic force against Denmark to gain control of Greenland. The autonomous territory is part of the Denmark kingdom, while the U.S. has maintained a military presence there since World War II. “We need it for national security. That’s for the free world. I’m talking about protecting the free world,”… -
CFPB sues Warren Buffett-backed mortgage lender for ignoring ‘red flags’
The Consumer Financial Protection Bureau filed a lawsuit against a mortgage lender owned by Warren Buffett’s Berkshire Hathaway. The watchdog alleges Vanderbilt Mortgage and Finance steered customers to buy manufactured homes they couldn’t afford. Vanderbilt Mortgage and Finance is a subsidiary of Clayton Homes, the nation’s largest builder of manufactured homes. Clayton Homes is a… -
Controversy follows Meta’s move to roll back some rules on hateful content
Meta is making some sweeping changes to its policy on what Facebook and Instagram users can and cannot post. On Tuesday, Jan. 7, the company not only announced it is doing away with professional fact-checking and replacing it with community notes but it also made updates to its hateful conduct policy, rolling back some content… -
Man accused of Tupac Shakur’s murder seeks to have charges dropped
Nearly three decades after the murder of rapper Tupac Shakur, the man accused of orchestrating the fatal drive-by is fighting to have all charges against him dropped, according to The Associated Press. In Sept. 1996, a gunman opened fire on Shakur as he sat in the passenger seat of a car driven by Death Row… -
Why mortgage rates are going up while the Fed is cutting rates
Prospective home buyers who thought the Federal Reserve’s rate-cutting cycle would relieve high mortgage rates were in for a rude awakening in 2024. Since the date of the Fed’s first cut in September, the rate on a 30-year fixed mortgage has gone up nearly a full percentage point, even though the Fed has cut two… -
Nvidia reveals new AI supercomputer, technology to train robots
The world’s second most valuable company showed off a slew of new products Monday, Jan. 6, at the world’s preeminent technology trade show. Nvidia unveiled artificial intelligence (AI) that trains robots and cars, new ultrapowerful gaming chips and its first-ever desktop computer at CES 2025 in Las Vegas. During the company’s highly anticipated keynote address,… -
Biden administration bans medical debt from credit reports
With less than two weeks left until President Joe Biden leaves office, his administration announced a new rule Tuesday, Jan. 7, that could lift the credit scores of millions of Americans. The finalized rule will not only stop medical debt from being included on credit reports, it will also ban lenders from using certain medical… -
Texas officials on the watch for ‘maneater’ parasite after detection in Mexico
Texas officials are warning hunters and outdoor enthusiasts to be on the lookout for a dangerous parasite. Although U.S. officials successfully wiped out the parasite in 1966, recent detections in cattle across the border in Mexico have animal health experts back on high alert. The New World Screwworm is still prevalent in Cuba, Haiti and… -
Hillary Clinton, George Soros receive Presidential Medal of Freedom
With two weeks left in his administration, President Joe Biden bestowed the highest American civilian honor to some big names in politics, Hollywood and professional sports. He awarded the Presidential Medal of Freedom to a total of 19 people in the east room of the White House on Saturday, Jan. 4. Former Secretary of State… -
Italian PM denies SpaceX talks with Trump as nation nears €1.5 billion deal
Italian Prime Minister Giorgia Meloni denied talking with President-elect Donald Trump about SpaceX supplying the country with Starlink services over the weekend. The denial comes as reports indicate the nation is closing in on a €1.5 billion deal ($1.55 billion) for the private space company to provide secure telecommunications to the Italian government. Meloni made… -
Dockworkers push to ban automation at ports with strike deadline weeks away
U.S. supply chains may face a test to start 2025 as dockworkers and their employers restart contract negotiations. Automation will take center stage as the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) reconvene at the bargaining table. The ILA negotiated a 62% raise over the next six years after a short-lived…
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Mexico preps tent cities for migrants ahead of Trump’s deportation promise
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Federal employees told to report DEI colleagues after Trump’s executive order
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China’s ‘artificial sun’ sets new record in nuclear fusion research
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Tax refunds could go to this state’s residents any time there’s a surplus
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Here are 5 policies Trump touted at the World Economic Forum in Davos
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