American Exploration & Production Council advocates for specific policies to unleash American energy in the United States, including promoting U.S. energy exports and enhancing energy reliability with advanced natural gas storage. President Trump expected to enact major reforms to increase American energy independence.
Panama's control of the Panama Canal should not be returned to the U.S. despite President Trump's claims. Panamanians are running the waterway, not China. The canal is a crucial part of Panama's national identity and economy.
Thousands of eBay sellers are listing phones with TikTok installed to capitalize on the app's disappearance from US app stores following a ban that was later delayed by an executive order. The future of TikTok in the US remains uncertain as ByteDance explores potential deals to keep the app available.
Nancy Pelosi's husband traded $38 million worth of stock prior to Trump's inauguration, including Apple and Nvidia stock. He also invested in a healthcare company using AI technology. Pelosi's net worth is estimated to be over $240 million due to her husband's investments. The family's stock trades have raised conflict of interest questions.
President Trump calls for interest rate cuts to follow declining oil prices in alignment with Federal Reserve's projections. His remarks suggest a conditional approach, linking monetary policy to energy markets.
Rising credit card balances and a record number of people making only minimum payments signal growing financial strain for consumers. In the third quarter of 2024, 10.75% of active credit card accounts paid only the minimum balance, the highest rate in 12 years, reflecting increasing reliance on credit cards amid higher costs for merchandise and inflation. Revolving credit card balances hit $645 billion, representing 71% of total card balances, with delinquencies also rising. Higher Fed rates have made it more expensive for consumers to carry balances, tightening credit access as banks adopt stricter lending standards.
CNN CEO Mark Thompson warns network's future at risk if it doesn't adapt to changing trends in journalism, leading to job cuts and schedule shakeup affecting top broadcaster Jim Acosta. Plans to focus on digital services and new streaming platform to raise $1 billion in digital revenue by 2030.
The Protecting America Initiative launched a major ad buy warning about China's influence on U.S. agriculture. The ad calls for Republicans to support President Trump in combating Chinese control of the agricultural industry.
The movement to eliminate China's free trade perks in the U.S. is gaining momentum under Republican leadership, with legislation aimed at ending China's most favored nation status through the repeal of Permanent Normal Trade Relations. This would result in tariffs on Chinese goods and address concerns about outsourcing and national security.
President Trump's designation of Mexican drug cartels as foreign terror groups could have a major impact on the U.S. economy, as American companies with ties to Mexico may face penalties and sanctions. The move could lead to complications in trade relationships between the two countries.
Nepal will increase the permit fees for climbing Mount Everest by more than 35%, generating additional revenue for the cash-strapped nation. The fee hike applies to the popular climbing seasons and is expected to fund environmental protection and safety measures on the mountain.
A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing due to U.S.-China tensions and impacts of Covid-19. The survey by AmCham China revealed that 30% of respondents considered or started diversification in 2024, surpassing previous years.
Elon Musk criticized President Trump's AI Stargate Project, claiming that billionaire investors involved don't actually have the money. OpenAI announced a $500 billion investment over four years in building new AI infrastructure in the US. Musk is involved in a lawsuit against OpenAI for converting into a for-profit company.
CNN is reportedly set to lay off 'hundreds' of employees as part of restructuring efforts due to drop in revenue, while top names are unaffected. The network is facing financial challenges and declining reputation, with predictions of bankruptcy without cable TV fees. Critics argue CNN relies on affirmative action to stay afloat.
Amazon is having a winter sale event with discounts on various products including vacuum cleaners, mattresses, apparel, and more. Prime members can enjoy fast, free delivery and exclusive deals. Other items on sale include electric toothbrushes, exercise equipment, earbuds, duvet covers, cordless vacuums, heated vests, winter boots, air purifiers, and memory foam mattresses.
Russia's gas cutoff to Europe after the invasion of Ukraine has led to a crisis in Transnistria, Moldova, causing severe energy-related problems and tensions between countries in the region.
Chinese electric vehicle maker BYD under investigation for using irregular visas to ship workers to Brazil, where they were kept in slavery-like conditions. BYD denies wrongdoing and claims the story is an attempt by foreign forces to smear Chinese companies.
Leon Black, a Wall Street billionaire with ties to Jeffrey Epstein, is in talks to become an 'anchor investor' in a bid to take over The Telegraph. The sale of The Telegraph has faced challenges and scrutiny due to various financial and legal issues.
Meta CEO Mark Zuckerberg has shifted his company's policies to align with conservative pressures, including ending professional fact-checking and showing support for Donald Trump. This move has been criticized as a significant political realignment within the company.
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President-elect Donald Trump filed an emergency petition to the Supreme Court to block his sentencing in a business records case where he was found guilty of falsifying records. New York judge set sentencing for January 10, but Trump's legal team argues for a stay based on claims of Presidential immunity. New York's response is due Thursday.
Chef Andrew Gruel discusses the declining healthiness of food over time and supports RFK Jr.'s effort to overhaul the food industry. Cracker Barrel introduces new menu items including Nashville hot chicken tenders and a new chicken sandwich.
Private sector hiring cooled more than expected in December with 122,000 jobs added, wage growth slowed to 4.6% from a year earlier, and ADP's report indicates a moderation in wage growth supporting the view that pay increases are not driving inflation upward.
Congressional Democrats significantly increased their wealth in 2024 through stock trading, outperforming the S&P 500 and their Republican colleagues. There is widespread support among Americans to ban members of Congress from trading stocks.
The World Economic Forum survey shows that 41% of employers plan to downsize their workforce due to AI automation. However, 77% also intend to reskill and upskill existing workers to better work with AI. The report highlights the impact of generative AI on reshaping industries and tasks, with increasing demand for AI skills.
Federal Reserve officials express concern about inflation and the impact of President-elect Donald Trump's policies, signaling a slower approach to interest rate cuts. The meeting minutes highlighted uncertainty around changes in immigration, trade policy, and deregulation. The Fed reduced its outlook for expected rate cuts in 2025, citing recent stronger-than-expected inflation readings and potential policy changes under the new administration.
Meta CEO Mark Zuckerberg announces end to Facebook's work with third-party fact-checkers and easing of content restrictions, leading to potential legal challenges and ongoing scrutiny from both Congress and the public.
Amazon's winter furniture sale offers major discounts on a variety of furniture items including dressers, bedframes, mattresses, couches, and more. The sale lasts until January 17, providing an opportunity to give your home a facelift for the new year.
Dan Crenshaw from Texas is ranked among the best at trading stocks in Congress, consistently beating the S&P 500 and experiencing significant portfolio growth. There are questions about the ethics of congressional members trading stocks while in office.
Meta CEO Mark Zuckerberg announced plans to relocate content moderation teams from California to Texas to address concerns about bias and promote free expression. The company will implement a crowdsourced fact-checking system and remove restrictions on sensitive topics like immigration and gender.
The 20-year Treasury bond yield has surpassed 5% due to concerns about inflation and wider deficits under President-elect Donald Trump's policies. This rise in yields is driven by sticky inflation, robust growth, and uncertainty about Trump's agenda, forcing bond investors to consider a return to 5% benchmark yield. Traders are increasingly betting on higher yields, with the possibility of reaching 5% becoming more likely.
DAMAC Properties owner to invest $20 billion in U.S. data centers, House GOP leader introduces bill to expand concealed carry permissions, backed by President-elect Trump, and various pro-gun groups support the bill.
Girl Scouts of the USA announced that two cookie varieties, Girl Scout S'mores and Toast-Yay!, will be retired after the 2025 cookie season. The organization's annual cookie season has begun with a lineup of popular cookie flavors.
President-elect Trump threatens to impose economic pressure against Canada following Canadian Prime Minister Justin Trudeau's announcement of stepping down. The trade relationship between the U.S. and Canada is crucial, with $700 billion worth of goods exchanged in the first 11 months of the previous year. Various products, including crude oil and auto parts, move across the border. While there are trade frictions, economists emphasize the overall lucrative trading partnership.
The Consumer Financial Protection Bureau is removing medical debt from credit reports, sparking a conversation with economist Benedic Ippolito from the American Enterprise Institute on NPR's Steve Inskeep show.
President Joe Biden blocked a $15 billion deal between U.S. Steel and Nippon Steel, citing national security concerns, leading to lawsuits from both companies. U.S. Steel CEO appealed to President-elect Donald Trump to reconsider the decision.
The U.S. services sector showed strong growth in December, indicating potential acceleration in the economy due to anticipated pro-growth policies under the incoming Trump administration. Business confidence is high, with optimism about tax cuts, deregulation, and favorable investment climate. The services sector outperformed manufacturing, which continues to struggle despite government subsidies.
John Deere plans to introduce a range of self-driving farm and work vehicles, including tractors, dump trucks, and a robotic lawnmower. The company aims for a fully-autonomous corn and soybean farming system by 2030.
Donald Trump Jr. flew to Greenland to explore the idea of the U.S. buying it, estimating the cost to be around $300 billion. Greenland's strategic value includes mineral wealth, control of Arctic trade routes, and a military outpost.
Mark Zuckerberg wore a rare Swiss watch worth about $900,000 in a video explaining Meta Platforms Inc.'s decision to end third-party fact-checking. The watch is a Greubel Forsey 'Hand Made 1,' a limited and expensive model, showcasing Zuckerberg's interest in mechanical Swiss watches.
President-elect Donald Trump speaks to the press from Mar-a-Lago after his election victory is officially certified by Congress, addressing legal battles and announcing a $20 billion investment in new data centers by DAMAC Properties.
Chick-fil-A changed their waffle fries recipe to include pea starch, sparking mixed reactions among customers. Some find the new fries crispier but bland, while others prefer the old recipe.
Sebastian Siemiatkowski, CEO of Klarna, expresses concerns about AI potentially replacing his job. Klarna has stopped hiring humans, favoring AI instead. The company aims to incentivize remaining employees amidst challenges posed by AI and fintech evolution.
U.S. employers posted 8.1 million job openings in November, the highest level in six months. The increase is attributed to more pro-growth economic policies expected under the incoming Trump administration.
Zillow predicts Buffalo to be the hottest housing market in 2025 with home prices forecasted to grow 3%. Other hot markets include Indianapolis, Providence, Hartford, and Philadelphia. Elevated mortgage rates are making it difficult for homebuyers in major American cities. Zillow also predicts falling home prices in cities like New Orleans, San Francisco, San Jose, and Austin.
Amazon is running its yearly winter sale, offering up to 40% off on electronics, including laptops, Amazon devices, headphones, and more. Prime membership guarantees fast delivery and exclusive deals.
President-elect Trump announces $20 billion investment in new data centers across the country and plans to expedite approvals for companies investing $1 billion or more in the U.S.
Jerry Jones, owner of the Dallas Cowboys, has no plans to give up his role as general manager despite criticism. The team has not seen much success since the 1990s and faces crucial personnel decisions in the offseason.
The roots of Russia's invasion of Ukraine go back decades and run deep, resulting in a significant shift in the world order. The war has led to an increase in women working underground in coal mines in Ukraine, with many male miners joining the military or being conscripted. Despite initial resistance, women are now a vital part of keeping Ukraine's heavy industries running amidst the conflict.
Kai Braden worked as a shirtless greeter for Abercrombie & Fitch in the mid-2000s, where he experienced exploitative and discriminatory practices. His advocacy has helped secure protections for fashion workers in New York starting in 2025.
Uber and Lyft are preparing to deploy robotaxis with new app features in select U.S. cities, marking a huge shift for urban transportation. Autonomous vehicles have the potential to reduce accidents, lower costs, increase profits, and lower emissions. Challenges include earning public trust, tackling vandalism, complex traffic situations, adverse weather, and regulatory hurdles.
The Washington Post is laying off roughly 4 percent of its workforce due to ongoing financial struggles. The cuts will affect fewer than 100 employees in various business divisions but will not impact the newsroom. The company is making adjustments to adapt to changing business conditions.
McDonald's faces fresh allegations from young workers, including sexual harassment and abuse by managers. Over 700 staff aged 19 or younger are taking legal action, citing discrimination, homophobia, racism, ableism, and harassment. Despite promises to improve, issues persist, with claims of inappropriate behavior and exploitation. McDonald's is under scrutiny for its workplace practices, including incidents of modern slavery. The Equality and Human Rights Commission is taking action against the fast food giant.
Vail resorts facing strike by ski patrollers at Park City Mountain resort in Utah, leading to delays and unsafe conditions for skiers.
The American Economic Association conference focused on artificial intelligence and its impact on jobs, with experts like Stanford economist Erik Brynjolfsson discussing how AI is complementing workers rather than replacing them. Studies suggest that AI is helping workers become more productive and that its effects on inequality are still unknown.
Japan's largest steelmaker, Nippon Steel, is determined to acquire U.S. Steel despite President Joe Biden blocking the $15 billion bid over national security concerns. Nippon Steel and U.S. Steel have sued the Biden administration over the decision, emphasizing that the deal would not compromise American ownership or jobs. The controversy involves national security, trade, and political interests.
The United States Steel Corporation and Nippon Steel filed lawsuits against the Biden administration, United Steelworkers, and Cleveland-Cliffs after the acquisition was blocked. The acquisition was deemed a threat to national security by both President Joe Biden and President-elect Donald Trump.
Dana White, CEO of UFC and ally of Donald Trump, joined Meta's board of directors alongside other notable figures. Mark Zuckerberg praised White's entrepreneurial skills. Zuckerberg has shown interest in MMA and had plans for a fight with Elon Musk. Zuckerberg's meeting with Trump and positive remarks about him have raised eyebrows.
Continuum is a high-end gym in Manhattan catering to 'biohackers' who use scientific methods to enhance their bodies. With a $10,000 monthly fee, the gym offers exclusive services like AI prescription plans, float rooms, vitamin drips, and white-glove service.
The Consumer Electronics Show in Las Vegas features AI-infused home appliances, autonomous vehicles, robots, and gadgets focused on health and wellness. The show also addresses concerns about tariffs and trade frictions under the Trump administration.
A journalist debunked a conspiracy theory claiming Elon Musk uses an alias to praise himself on his own social media platform. The theory was proven false, but the journalist got banned from the platform for 'doxxing.' Musk responded cryptically to the situation, leading to a debate on press freedom and ethical boundaries in journalism.
Article about cozy lounge wear options for winter from Amazon's Winter sale offering various comfortable and stylish sets for ultimate comfort.
Chick-fil-A is bringing back Key Lime Frosted Lemonade and Key Lime Lemonade, along with the Grilled Spicy Deluxe Sandwich for a limited time. The beverages were last available in 2019.
Elon Musk announced algorithm changes on his social media platform X to reduce negativity, sparking concerns about potential censorship of criticism. Critics worry about the subjective nature of determining negativity and potential censorship of FBI criticism.
A bluefin tuna was sold for over $1.3 million at an annual fish auction in Tokyo, with the winning bid going to seafood wholesaler Yamayuki and sushi chain operator Onodera Group. The auction is said to bring good fortune for the upcoming year.
Bluefin tuna sold for $1.3 million at Tokyo's Toyosu fish market auction, second-highest bid since 1999. Trump's win to be certified by Congress on Jan. 6 anniversary. Winter storm disrupts travel and highlights from the Golden Globes.
A journalist debunked the theory that Elon Musk uses an alias to praise himself on his social media platform. After the investigation was published, Musk responded humorously. The journalist's account was suspended for 'doxxing' the real person behind the alias, sparking debate about press freedom and ethical boundaries. Musk faced accusations of using the platform to stifle dissent, despite promoting open dialogue. The real person, Adrian Dittmann, is a German entrepreneur living in Fiji. Musk and Dittmann addressed the conspiracy on X Spaces, with Musk joking about the situation.
A California vegan restaurant chain is closing after activists targeted the business for offering meat, along with financial problems. Owner Mollie Engelhart faced backlash from vegans for updating the menu with non-vegan options. The closure was announced on social media with mixed reactions from supporters and critics.
Layoffs are expected to hit The Washington Post, impacting many employees in the business division, further depleting morale at the newspaper.
Robbers targeted 49 NYC stores to steal ATM machines, resulting in a $40,000 cash theft. Police seek public's help in identifying suspects. Increase in shoplifting incidents reported in the city. Singh family store also affected. City leaders face challenge in filling NYPD positions.
New York City has implemented congestion charges in Manhattan to ease traffic and raise money for public transportation, despite opposition from President-elect Donald Trump and neighboring New Jersey. The scheme charges motorists up to $9 during peak times and aims to reduce the number of cars and trucks on the road.
New York has implemented a $9 congestion fee for drivers entering Manhattan to reduce traffic gridlock, drawing criticism from President-elect Donald Trump. The toll applies to passenger vehicles entering the congestion relief zone during peak hours and varies based on time of day and possession of an E-ZPass.
A former Royal Caribbean employee was sentenced to 30 years in federal prison for placing hidden cameras in passenger bathrooms. Attorney Spencer Aronfeld represents 12 victims and claims there may be nearly 1,000 other victims. Royal Caribbean allegedly failed to notify passengers and Aronfeld is now bringing a civil suit against the cruise line.
First-time buyers in the US face a tough market with high prices and fierce competition, making homeownership increasingly difficult. The American Dream of owning property is challenged by soaring house prices, housing shortages, and tight mortgage credit.
Tesla, the electric car giant, experienced its first ever drop in annual sales as CEO Elon Musk becomes more involved in politics. The company faces challenges from rising Chinese manufacturers and traditional auto giants entering the EV market.
The American potato industry has faced challenges in accessing the Mexican market despite the free trade agreement between the US and Mexico.
President Biden blocked the sale of U.S. Steel to Nippon Steel citing national security concerns. The deal drew opposition from United Steelworkers Union and politicians. Some supported the deal for job preservation while others opposed it due to lack of enforceable promises. The region's mayors mostly supported the deal for potential resources to fix plants and clean up pollution.
President Biden blocks $15 billion takeover of U.S. Steel by Japanese company Nippon Steel, citing national security concerns and importance of domestic steel industry. U.S. Steel and Nippon Steel condemn decision and hint at legal action. Steelworkers union and Pennsylvania Governor support Biden's decision.
A small business owner in Seattle had to close her restaurant due to the new minimum wage hike to over $20 per hour, causing financial strain and emotional distress.
The H-1B program is criticized for displacing American workers with cheaper foreign labor, leading to less diversity in the tech industry, reduced innovation, and rising anger among the American middle class.
Teamsters Union President and Senator Bernie Sanders criticize the H-1B visa program for displacing American workers and benefiting billionaires by exploiting foreign labor. Research shows that the program is often used as a labor savings scheme for Fortune 500 corporations, leading to layoffs of American professionals and lower wages for foreign workers.
A storied Los Angeles vegan restaurant, Sage Regenerative Kitchen, is closing its remaining locations after a shift away from strict veganism to focus on regenerative farming practices, including the addition of animal proteins to the menu, sparking backlash from longtime vegan customers.
The concept of a transatlantic tunnel connecting the U.S. and the U.K. by rail is considered high-risk due to the challenges of underwater construction. While recent vacuum technology breakthroughs make it more feasible, experts are skeptical about the costs and speed of trains. Elon Musk proposed a lower-cost solution, but governments are hesitant to invest in this long-term project.
Coffee prices are expected to soar by the end of 2025 due to various factors such as extreme weather affecting key supply markets, increasing shipping rates, and other supply chain issues. This could lead to a single cup costing between $8-$12, putting pressure on cafe owners and potentially impacting the Australian coffee industry.
Ukraine closed off a key pipeline, dealing a blow to Russia's gas exports to Europe and causing price hikes across the Continent. The closure has led to a shift in European gas supplies away from Russia, increasing reliance on LNG from other countries.
US Surgeon General's warning about alcohol as a cause of cancer prompts major beer and spirits companies to focus on non-alcoholic drinks to attract health-conscious consumers, with a growing market for no-alcohol beverages.
Economists predict gold will continue to rise in value due to global instability and changes in trade settlement mechanisms, with some forecasting a price of $10,000 per ounce by 2030. The downward manipulation of gold prices has reportedly ceased, leading to increased confidence in the precious metal as an investment.
Russia launches Christmas Day attacks on Ukrainian energy infrastructure, Honda and Nissan are in merger talks, and Nigeria's president defends economic reforms despite worsening crisis.
Rep. Beth Van Duyne (R-TX) advocates for tax cuts in the first reconciliation package passed by the new Republican Congress to provide businesses with certainty and economic growth. She emphasizes the importance of consistency and the positive impact of previous tax cuts on investment, economic growth, and job creation.
Maye Musk, mother of Elon Musk, is a successful model and dietician who is gaining popularity in China due to her various brand collaborations and social media presence. She is seen as a 'silver influencer' and may potentially be Elon's secret weapon in the country.
Matrimonial detectives in India help families investigate prospective partners as more couples opt for love matches over arranged marriages. Detectives use high-tech spy tools to conduct background checks on potential spouses, ensuring financial and personal details are accurate. The industry is booming due to changing social customs and the need for discreet investigations.
In 2024, Facebook founder Mark Zuckerberg and his company Meta successfully lobbied against the Kids Online Safety Act, preventing Congress from passing legislation to protect kids online. Their efforts, including lobbying, strategic political contributions, and advocacy, helped preserve free speech concerns and maintain their influence. Despite bipartisan support and efforts to compromise, the bill ultimately failed due to opposition from Meta and other tech industry players.
Russian companies are using bitcoin and other digital currencies in international payments to counter Western sanctions, following legislative changes permitting such use. Russia is one of the global leaders in bitcoin mining.
Dave Portnoy, founder of Barstool Sports, donated $60,000 to a struggling pizza shop in Baltimore, Maryland, allowing it to stay open after the business planned to close permanently. Portnoy was impressed with the pizza and decided to help after learning about the challenges faced by the shop.
A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests. They aim to resolve legal violations by subjecting the stress test process to public input. The Fed is looking to make changes to the stress tests to improve transparency and reduce volatility of capital buffer requirements.
Chinese electric carmaker BYD's factory in Brazil was shut down by officials after 163 Chinese nationals were rescued from working in 'conditions analogous to slavery.' The workers were subjected to precarious and degrading conditions, including inadequate lodgings, unsanitary food, and lack of hygiene measures. The investigation also revealed forced labor practices and withholding of wages and passports by the contractor.
Shark Tank star Kevin O'Leary believes President-elect Donald Trump must take on China with tariffs due to China's history of breaking trade rules and causing harm to businesses, calling for imposing tariffs to inflict economic pain on Chinese government.
Brazil shut down a Chinese-run electric vehicle factory due to 'slavery' conditions, raising concerns over China's growing EV dominance.
The FBI warns timeshare owners about a telemarketing scam connected to a Mexican drug cartel. Tech expert Kurt Knutsson offers tips to stay safe. Scammers target property owners, leading to significant financial losses. The cartel uses various tactics, including impersonation and intimidation, to defraud victims. Ways to protect yourself include verifying buyers, researching companies, avoiding upfront fees, using secure communication channels, and reporting suspicious activity to authorities.
Actor Scott Eastwood and entrepreneur Dane Chapin founded Made Here, a company promoting American manufacturers and selling American goods. They aim to bring manufacturing jobs back to the U.S. by partnering exclusively with American suppliers.