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Supreme Court Upholds Law That Bans TikTok If Its Chinese Parent Company Does Not Divest
The White House says it will be on the Trump administration to implement the law that requires the app to be sold or banned.
Markets Tend to Overreact to Misleading News
The job numbers are notoriously premature and subject to massive revisions later on. Be patient since we believe a phenomenal earnings season is about to begin.
IRS Unveils Stricter Rules for 2025 Tax Season to Combat Fraudulent Claims, Scams
The IRS has rolled out stricter regulations for the 2025 tax season to crack down on scams and fraudulent claims.
California Governor Announces Tax Deadline Extension, Additional Funding for Los Angeles Wildfires
Taxpayers in Los Angeles County will receive an automatic three-month extension for tax filing deadlines.
Major Banks, Lenders Provide Disaster Relief for Los Angeles Wildfire Victims
Financial institutions are offering disaster relief and forbearance programs to help victims of the California wildfires.
There’s a ‘Flight to Quality’ as 2025 Opens
Rising bond yields delayed the Santa Claus Rally, which may turn into a powerful “January Effect,” if we see long-term bond rates meander lower.
Meta Scraps DEI Amid Broader Corporate Retreat From Diversity Policies
Meta is overhauling its DEI initiatives, ending diversity-focused hiring and supplier programs, citing shifting legal and policy landscapes.
US Payrolls Surge 256,000 in December, Unemployment Dips to 4.1 Percent
The U.S. labor market ends 2024 on a high note.
Supreme Court to Hear Arguments on TikTok Ban
TikTok Inc. and President-elect Donald Trump are asking the nation’s highest court to prevent the law from taking effect.
US Job Cuts Hit 15-Year High in 2024, Excluding Pandemic
A wave of layoffs swept across industries in 2024, with job cuts hitting a 15-year high, excluding pandemic year 2020.
California Governor Announces First High-Speed Rail Track to Be Laid in Next Couple of Years
Passengers could begin riding the high-speed trains by as early as 2030, officials estimated.
Meta Ends Fact-Checking Program in US, Introduces X-Style Community Notes
CEO Mark Zuckerberg said that Meta will be working with President-elect Donald Trump.
California Egg Prices Rise by 70 Percent in 1 Month
A combination of bird flu, state regulations, and fluctuations in demand have sent egg prices skyrocketing.
Meta Appoints UFC CEO Dana White and 2 Others to Its Board of Directors
Meta has expanded its board and it’s array of expertise, adding the UFC’s Dana White, Ferrari’s John Elkann, and tech strategist Charlie Songhurst.
New York Judge Denies Trump’s Bid to Delay Sentencing
Justice Juan Merchan had already rejected Trump’s request to dismiss the case.
Costco Recalls Over-the-Counter Flu Medication Over Possible Contamination
Kirkland Signature’s Severe Cold and Flu Plus Congestion medication is under recall ‘out of an abundance of caution,’ Costco stated.
Apple Agrees to Pay $95 Million to Settle Siri Privacy Lawsuit
People sued Apple over what they said was Siri’s unauthorized recording and disclosure of their conversations.
New California Insurance Rule Forces Carriers to Boost Coverage in Fire Risk Areas
State residents ‘deserve a reliable insurance market that doesn’t retreat’ from vulnerable communities, said insurance chief Ricardo Lara.
