Business

Nasdaq Surges Past 20,000, Fueled by AI and Rate Cut Expectations

The Nasdaq Composite Index soared past 20,000 for the first time ever on Wednesday, marking a significant milestone in a year dominated by the...

San Francisco Grocery Store to Close Over Ongoing Safety Issues

Safeway reportedly notified San Francisco Mayor London Breed (D) of its intention to close one of its locations due to theft.

Van Drew Raises Alarm Over Mysterious Drone Sightings Off East Coast

New Jersey Rep. Jeff Van Drew (R-NJ) has sounded the alarm about mysterious drone activity over the Garden State, suggesting that the drones may be originating from an Iranian "mothership" off the U.S. East Coast.

Health Insurance CEOs Featured in New York ‘Wanted’ Posters

"Wanted" posters featuring the images of health insurance CEOs have been placed in Manhattan, New York. The posters say "Deny, Defend, Depose," urging people to "fight back."

Ed Henry’s Legal Team Unveils Texts Disputing Rape Allegations by Jennifer Eckhart

New court filings from conservative commentator and former Fox News host Ed Henry cast significant doubt on rape allegations made by former Fox Business associate producer Jennifer Eckhart. The lawsuit, originally filed in 2020, accused Henry of “handcuffing and raping” Eckhart in 2017. However, newly released evidence indicates their relationship was consensual and involved explicit exchanges initiated by Eckhart.

Inflation Accelerates in November, Rising 2.7% Annually

Inflation rose in November at the fastest pace in four months, marking the second straight month of acceleration. The Department of Labor reported Wednesday that the consumer price index (CPI) increased by 2.7% over the past year, matching economists' forecasts. Core inflation, which excludes food and energy prices, climbed 3.3% year-over-year.

Flu-Like ‘Disease X’ Spreads in Congo

An illness called "Disease X" spreading in the Democratic Republic of Congo has led to 31 deaths. There are more than 400 cases of the illness, according to a statement from the World Health Organization (WHO).

Taylor Lorenz Out at Vox Media After Contract Non-Renewal

Taylor Lorenz, a high-profile technology reporter known for her polarizing presence and strong COVID compliance advocacy, will no longer be working for Vox Media. According to a report from Semafor on Sunday, Vox decided not to renew Lorenz’s contract, which was set to expire at the end of the year.

Small Business Optimism Surges Following Trump’s Election Victory

Small business owners’ optimism has soared to its highest level since June 2021 after President Donald Trump’s White House victory and Republican control of Congress, according to the latest survey from the National Federation of Independent Businesses (NFIB).

Supreme Court Declines to Lift Trump Gag Order

The U.S. Supreme Court declined to lift a gag order against President-elect Donald Trump.

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