Economy

Gov. Gavin Newsom (D) and the Democrat-run government of California caused insurance companies to cancel many of their fire insurance policies — with many residents of Pacific Palisades losing their policies just before the wildfires.

Ann Altman, the sister of OpenAI CEO Sam Altman, has filed a lawsuit alleging he regularly sexually abused her for several years starting in their childhood.

President-elect Donald Trump is promising “very serious tariffs” on Canada, as well as Mexico, as part of a broader economic nationalist agenda to recoup losses from trade deficits. 

The U.S. services sector posted stronger-than-expected growth in December, signaling a potential acceleration in the economy as businesses look ahead to the incoming Trump administration’s pro-growth policies. The Institute for Supply Management’s (ISM) purchasing managers’ index for the services sector

President-elect Donald Trump announced Tuesday that DAMAC Properties, a global real estate development company, will invest at least $20 billion in the United States. 

Job openings came in significantly higher than even the most optimistic forecasts.

John Deere has announced plans to introduce a range of self-driving farm and work vehicles, including tractors, dump trucks, and even a robotic lawnmower. The company plans a fully-autonomous corn and soybean farming system by 2030.

California’s long-delayed high-speed rail project has a new destination: Las Vegas.

Mark Zuckerberg has announced major changes to Meta’s content moderation policies and practices on Facebook and Instagram, citing a desire to embrace free speech and avoid censorship. Zuckerberg’s changes begin with scrapping Facebook’s third-party “fact check” system which is notorious for its leftist bias.

On Monday’s edition of NBC’s “MTP Now,” Rep. Zoe Lofgren (D-CA) stated that “We have prices that are too high for people” and the large spike in prices “has really been very troubling and difficult for a lot of American

The fast food behemoth McDonald’s will reportedly end some of its Diversity, Equity, and Inclusion (DEI) initiatives, citing the Supreme Court recently outlawing affirmative action (racial preferences) in college admissions.

The United States Steel Corporation filed two joint lawsuits with Nippon Steel after President Joe Biden blocked the Japanese corporation from acquiring the iconic American company.

The evidence keeps mounting that the election of Donald Trump to a second presidential term is already causing an economic acceleration.

On Monday’s broadcast of the Fox News Channel’s “Fox & Friends,” incoming White House Press Secretary Karoline Leavitt stated that it’s telling that President Joe Biden waited until two weeks before he left office to announce the drilling restrictions he announced

McDonald’s is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in college admissions.

Chinese state media is celebrating automaker BYD surpassing Elon Musk’s Tesla as the world’s top producer of electric vehicles (EVs), while downplaying reports that BYD has been keeping its Brazilian workforce in conditions “analogous to slavery.”

The Fed’s top banking supervisor is stepping aside to make room for Donald Trump’s agenda.

Apple CEO Tim Cook has made a personal contribution of $1 million to President-elect Donald Trump’s inauguration fund. Cook, who Trump famously nicknamed “Tim Apple,” is the latest in a long line of tech lords bending the knee to Trump in hopes of currying favor with the new administration.

Rep. Shri Thanedar, an India-born Democrat from Michigan, is calling America “racist” as the debate over the importation of foreign workers grows.

Shamsud-Din Jabbar wore Meta smart glasses while carried out his terrorist attack during the early hours of New Year’s Day in New Orleans, killing 14 and wounding 35 others, the FBI says.

President Joe Biden’s long-threatened push to ban new offshore oil and gas drilling in most U.S. coastal waters is going ahead in a move designed to thwart incoming President-elect Donald Trump’s administration promise to expand offshore drilling in the name of ensuring America’s energy self-sufficiency.

In a move to “maximize unregretted user-seconds,” Elon Musk has unveiled plans for an algorithm change on his social media platform X that he claims will curb excessive negativity. Critics contend the algorithm changes will have troubling outcomes like censoring criticism of the FBI.

A California vegan restaurant chain is closing for good on Sunday after furious activists targeted the business for offering customers meat.

President Joe Biden’s outgoing administration has granted California special Environmental Protection Agency (EPA) waivers to impose higher emissions standards for law mowers, leaf blowers, refrigerated trucks, and off-road vehicles.

California ranked last in U-Haul move-ins in 2024, for the fifth straight year, as people continue to leave the high-tax, high-cost-of-living Golden State.

“The H-1B program worsens the very shortages it was supposed to address,” says an article by a member of the New York Times editorial board.

A Seattle small business owner says she has “cried every day” about the closure of her restaurant due to the state’s minimum wage hike.

Teamsters Union President Sean O’Brien says the H-1B visa program “displaces” Americans from their middle-class jobs.

As we head into 2025, here are some simple but effective cybersecurity resolutions you should embrace to avoid suffering the same fate as the many Americans hit by hacking, phishing, and identity theft.

During an interview with C-SPAN on Friday, Rep. Debbie Dingell (D-MI) stated that there are tariffs that need to be put on China and “manufacturing is an industry that is a national economic and national security issue and I will

During an interview with C-SPAN on Friday, Rep. Debbie Dingell (D-MI) stated that people are still worrying about the high prices of groceries, seeing rent increases, and “can’t afford to buy a home.” Dingell stated, “I go to Kroger on

Mark Zuckerberg’s Meta is betting heavily on AI to drive user engagement on its social media platforms in the coming years. The company envisions human users engaging and sharing content with AI just like they do with friends and family on Facebook and Instagram.

Richard A. Easterlin, a trailblazing economist whose insights reshaped our the postwar baby boom, died at his home in Pasadena, California, on December 16.

President Joe Biden has stopped Japan’s Nippon Steel Corporation from buying the United States Steel Corporation — a victory for President-elect Donald Trump who had vowed to take the action himself if President Biden had not.