Economy

The year keeps getting better, with the news that 15,000 people (who hate us) lost their media and entertainment jobs in 2024.

Elon Musk’s Tesla is issuing a massive recall of nearly 700,000 vehicles in the United States due to a malfunction in the tire pressure monitoring system (TPMS) that could fail to warn drivers of low tire pressure, increasing the risk of accidents.

Former Secretary of State Hillary Clinton claimed that Republicans were “taking orders from the world’s richest man,” Elon Musk, regarding a failed continuing resolution (CR).

Speaker Mike Johnson (R-LA) delivered an early Christmas present to Democrats Friday night by extending spending levels overwhelmingly opposed by Republicans earlier this year.

Party City is reportedly closing all of its locations nationwide after being in business for almost 40 years, according to a report from CNN.

The Big Lots retailer is preparing to shut down all its stores after filing for bankruptcy and closing over 400 stores this year.

Amazon has launched its long-awaited drone delivery service in Arizona, taking a significant step towards fulfilling founder Jeff Bezos’ decade-old vision of autonomous drones delivering packages to customers’ doorsteps in under 30 minutes. The service launches just as millions of Americans have their eyes turned to the skies in search of mystery drones buzzing major cities.

Google CEO Sundar Pichai recently revealed that the tech giant has cut management roles by 10 percent as part of its ongoing efforts to streamline operations and boost efficiency. The news comes after the tech giant spent the last year pushing the boundaries of woke capitalism.

Silicon Valley continues to curry favor with President-elect Donald Trump, offering compliments, Mar-a-Lago visits, and million-dollar checks.

A slightly better than expected report on inflation.

House Republicans are going back to the drawing board after a deal negotiated Thursday failed decidedly just hours later.

The U.S. economy will barely notice if the federal government needs to shut down because funding authorization runs out at 12:01 a.m. on Saturday, December 21.

Canada Post announced on Wednesday that children will not receive letters from Santa Claus this year as a result of a month-long union strike that disrupted the postal office’s operations and its decades-long Santa letter program.

A Pennsylvania veteran said he was “in shock” and “grateful” after winning a brand new roof from a local company that decided to give back to those who have given up so much for this country.

Florida’s GOP Governor Ron DeSantis is blasting the establishment media for claiming that recent migrant crackdowns would hurt the economy.

President-elect Donald Trump stepped in to provide a path to potentially avoid a government shutdown, just 24 hours after a deal negotiated by Speaker Mike Johnson (R-LA) collapsed.

Tens of millions of native-born Americans are out of the labor market as foreign-born workers account for all net job growth over the last year, new analysis details.

NASA astronauts Butch Wilmore and Suni Williams, who have been stranded on the International Space Station (ISS) since June 5, 2024, will have to wait a little longer to return to Earth due to a delay in SpaceX’s Crew-10 mission.

Leading economic indicators increased in November, something they havent done since February 2022.

Teamsters union members went on strike at seven Amazon facilities in four states Thursday morning, demanding better wages and benefits amidst the company’s soaring profits. The strike was timed for the height of the Christmas rush, as consumers around the country turn to the e-commerce giant to secure last minute gifts — which now may not arrive on time.

At least one GOP Senator is working with pro-migration Democrats to draft a border bill for 2025, a report in Axios.com. detailed Thursday.

Vice President-elect JD Vance revealed that he and House Speaker Mike Johnson (R-LA) had a “productive conversation” regarding a recently unveiled government funding bill, according to a report.

Federal Reserve officials this week came as close as they are probably ever going to get to admitting that the aggressive interest rate reduction they enacted weeks before the 2024 election was a mistake.

Canada is tightening its immigration rules to reduce cheating and illegal entries only days after Donald Trump criticized PM Justin Trudeau.

Securing the United States-Mexico border will protect the nation’s labor market and increase wages for Americans, Tom Homan says. 

Concerns over more inflation and higher rates triggered a sharp sell-off on Wall Street.

CEOs of Americas biggest companies are making the pilgrimage to Mar-a-Lago to “bend the knee” and “pay tribute” to President-Elect Donald Trump, the Financial Times reported Wednesday.  

The Federal Reserve announced the third consecutive cut in its interest rate benchmark on Wednesday, a move widely anticipated by investors and financial markets.

Nima Momeni, a tech consultant, was convicted on Tuesday of second-degree murder in the death of Bob Lee, the wealthy founder of Cash App, following a high-profile trial in San Francisco.

Chicagoans were removed from a recent city meeting after voicing disagreement with the Democrat mayor’s proposed budget that would give more funds to migrants.

The lame-duck continuing resolution unveiled just three days before a potential government shutdown strips a provision included in spending bills since 2009 to block automatic raises for Congress, effectively giving senators and House members a raise.

The Chinese Communist Party journal Qiushi on Sunday revealed previously unpublished remarks made by dictator Xi Jinping in November on the subject of his endless “corruption” purges.