China’s population has declined for the first time in decades; a former candidate has been arrested in shootings at New Mexico elected officials’ homes; and Elon Musk’s trial over a tweet he posted about Tesla begins today. These stories and more highlight the daily rundown for Tuesday morning, Jan. 17, 2023.  Trial over Musk Tesla…

Attorney General Merrick Garland appointed a special counsel to investigate how classified documents ended up at President Biden’s personal office in Washington D.C., and at his home in Wilmington, Delaware. Garland appointed Robert Hur, who has previously served as the top prosecutor for the state of Maryland. According to the Justice Department, Hur will now…

ESPN sued over its vaccine mandate, Chicago’s mayor’s office under fire; Nebraska senator appointed; and inflation is still going down. These stories and more highlight the midday rundown for Thursday, Jan. 12, 2023. U.S. saw deflation in December In December, the U.S. economy saw deflation for the sixth month in a row. Consumer prices came…

Don’t expect the Federal Reserve to wade into the climate change fray. Fed Chair Jerome Powell made clear Tuesday that the banking system does not have a significant role in the space. “We are not, and will not be, a ‘climate policymaker,’” Powell said. “We should ‘stick to our knitting’ and not wander off to…

China retaliates against travel restrictions; New Jersey’s gun law on hold and the Golden Globes are back. These stories and more highlight your midday rundown for Tuesday, Jan. 10, 2023. New Jersey gun law hits legal roadblock New Jersey’s gun law, signed in December, was immediately met with legal challenges that are now playing out…

The House has passed its first bill under new party rule; 90% of California is under a flood watch; and classified documents have been found in a private office President Joe Biden used following his time as vice president. These stories and more highlight your morning rundown for Tuesday, Jan. 10, 2023. Classified documents in…

The year 2022 has turned out to be one of the best years for job growth in modern U.S. history. December’s jobs report released Friday by the Bureau of Labor Statistics (BLS) showed another month of the economy beating job growth expectations, but did signal a slowdown in that growth. The U.S. economy added 223,000…

A new year means making resolutions that likely won’t stick, along with making fantastic predictions that will likely never come true. The latter is exactly what Denmark-based Saxo Bank does each year. We have the most outrageous predictions for 2023 in this week’s Five For Friday.  #5: Country bans meat production The global agenda to…

Big Tech continues its big jobs shedding in 2023 as two major players announce deep cuts to start the year. Amazon is axing 18,000 corporate employees, nearly double previous estimates, while Salesforce announced a 10% staff reduction impacting 8,000 workers. Both companies cite the current economy and over-hiring the past few years as factors. Amazon’s…

Minutes from the Federal Reserve’s latest meeting show officials worried the market could undermine the Fed’s efforts to bring down prices. Despite rumblings of a Fed pivot, the minutes revealed the committee’s resolve in bringing down inflation, including officials’ consensus on keeping interest rates high through 2023. “Participants noted that, because monetary policy worked importantly…