Latest in U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
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U.S. economy added 227,000 jobs in November
The U.S. economy added 227,000 jobs in the month of November and the unemployment rate sat at 4.2%, according to a Bureau of Labor Statistics report.NBC News - 5d -
The Growing Cost of Making C.E.O.s Safe
The tragic killing of UnitedHealthCare’s Brian Thompson has spurred companies to ratchet up security for their most senior executives.The New York Times - 5d -
U.S. economy poised to dominate for the next 20 years — at the cost of growing inequality, economist says
U.S. economic dominance over other countries is poised to surge in the next 20 years due to its widening lead in technology and science, but at the expense of growing inequality at home.MarketWatch - 5d -
U.S. government to close Dublin women's prison after years of abuse
The federal Bureau of Prisons is permanently closing the notorious "rape club" women's prison in Dublin and will idle six facilities in a sweeping realignment after years of abuse, decay and ...CBS News - 6d -
As Steve Kerr Steps Down, Who Will Lead U.S. Basketball Next?
There are two top candidates to coach the men’s national team, a columnist for The Athletic writes.The New York Times - 6d -
CTE risk identified in another popular sport - and the danger grows with each year of participation
The brain disease is frequently found in former contact sport athletes who’ve experienced multiple head injuriesYahoo Sports - 6d -
Warcraft 2's First Balance Patch In Over 20 Years Nerfs Game's Most Overpowered Ability
Warcraft 2: Tides of Darkness , first released in 1995, just received its first balance update in over two decades, nerfing units like Ogre Mages and buffing Archers and Axe Throwers. Blizzard ...GameSpot - 6d -
No more bye-bye for Chi-Chi's: Restaurant chain reopening after 20-year hiatus
Chi-Chi's is not yet ready to say ta-ta — the chain is poised to reopen some of its restaurants after shutting its doors in the U.S. two decades ago. Michael McDermott, the son of one of Chi-Chi's ...The Hill - 6d -
Jobless claims show extremely low layoffs amid sturdy U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. ...MarketWatch - 6d -
Fed Chair Jerome Powell and Billionaires Jeff Bezos and Ken Griffin Agree: The U.S. Must Grow Its Way Out of Debt
The three heavyweights weighed in on the economy, the debt crisis, and central banking at the 2024 DealBook Summit.Inc. - 6d -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - 6d -
Legendary drug lord released after serving 25 years in U.S. prison
Fabio Ochoa Vásquez and his brothers amassed a fortune when cocaine started flooding the U.S. in the late 1970s and early 1980s.CBS News - 6d -
How 20 big U.S. stocks are expected to rank as ‘cash machines’ in 2025
Among the Magnificent Seven, Alphabet is expected to have the highest free cash flow yield.MarketWatch - Dec. 5 -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Chipotle Mexican Grill Ups Prices as Ingredients Costs Grow
Chipotle cites rising cost of items like beef and avocados for the inflated prices.Inc. - Dec. 4 -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the economy, a new Federal Reserve survey found.MarketWatch - Dec. 4 -
Head of Democratic Caucus says thin House margins make attendance vital next year
The head of the House Democratic Caucus is sending an early message to his troops heading into the 119th Congress: Attendance will be crucial given the razor-tight margins in the lower chamber. ...The Hill - Dec. 4 -
NFC North teams dominating at a rate that hasn't been seen in the NFL in nearly 40 years entering Week 14
The Lions, Vikings and Packers are all Super Bowl contendersCBS Sports - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
Almost 30 Percent of U.S. Drug Stores Closed in a Decade, Study Says
Closures by big chains and independent stores hit poorer neighborhoods hardest, researchers found.Inc. - Dec. 4 -
Dishonored Director Says Next Game Will Make Fans "Feel Very At Home"
Raphael Colantonio founded Arkane Studios in 1999 and spent more than 18 years there, including co-creating and directing the original Dishonored with Harvey Smith. Colantonio also directed 2017's ...GameSpot - Dec. 4 -
Florida woman who led a nearly $200 million Ponzi scheme sentenced to 20 years in prison
Federal prosecutors said Florida resident Johanna Garcia led a Ponzi scheme that raised nearly $200 million and lost investors nearly $90 million.CNBC - Dec. 4 -
BoE governor expects four UK rate cuts next year as inflation eases
Andrew Bailey welcomes better than expected fall in price growth in FT interviewFinancial Times - Dec. 4 -
Music sector workers to lose nearly a quarter of income to AI in next four years, global study finds
AI boom will enrich giant tech companies but creators’ rights and income will be drastically reduced unless policymakers intervene, report warns. Follow our Australia news live blog for latest ...The Guardian - Dec. 4 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
Quebec sees spike in irregular crossings to U.S., public security minister says
Quebec Public Security Minister François Bonnardel said on Tuesday that the number of irregular crossings from Canada to the U.S. has jumped significantly in the last three years.Bonnardel met on ...Yahoo Sports - Dec. 3 -
Ashley Benefield, ex-ballerina convicted of killing husband, is sentenced to 20 years
A former ballerina who was convicted of manslaughter in what she claimed was the self-defense killing of her estranged husband was sentenced Tuesday to 20 years in prison.NBC News - Dec. 3 -
Ex-ballerina convicted of killing husband gets 20 years in "Black Swan" case
The case drew national attention, with some comparing Ashley Benefield to the protagonist of the 2010 film "Black Swan."CBS News - Dec. 3 -
Boeing’s volatile bonds could outshine the defense sector next year
Boeing Co. was named a “best idea” by the U.S. investment-grade team at CreditSights on Tuesday, on expectations the troubled aerospace company can stabilize its ratings and provide a path to ...MarketWatch - Dec. 3 -
Talks on a new NHL CBA are set to start early next year. Here's why there is optimism
Talks on a new collective bargaining agreement between the NHL and NHL Players' Association are set to begin in early 2025ABC News - Dec. 3 -
AT&T sees earnings growth over next 3 years; eyes more than $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber servicesABC News - Dec. 3 -
Chelsea can 'dominate English football' in next decade - Maresca
Chelsea manager Enzo Maresca has no doubts about the quality of his players, but the Italian thinks this season is too early to talk about winning the Premier League title.BBC News - Dec. 3 -
Meta says it has taken down about 20 covert influence operations in 2024
Firm names Russia as top source of such activity but says it is ‘striking’ how little AI was used to try to trick voters. . Meta has intervened to take down about 20 covert influence operations ...The Guardian - Dec. 3 -
Trump Says He Will Block Nippon Steel’s Acquisition of U.S. Steel
The announcement reiterated sentiments the president-elect expressed on the campaign trail, and further imperiled a deal that had already run into widespread political opposition.The New York Times - Dec. 3 -
Trump reportedly jokes Canada could be 51st U.S. state if tariffs wreck economy
Trump outlined his plans to place 25% tariffs on all Canadian goods imported into the U.S., in a meeting with Trudeau at Mar-a-LagoMarketWatch - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3
