Congressional leaders revealed a stopgap funding bill on Tuesday to keep the government operational until March 14, setting off a race to pass the legislation by the end of the week.
Congress is preparing to vote on legislation that would restrict U.S. investments in China as part of a broader government funding bill, lawmakers announced Tuesday.
A few years ago, the Buffalo Bills threatened to leave New York State unless a new stadium deal was secured. This kind of relocation bluff is common in the NFL, with only the Green Bay Packers standing out as a team with a municipally owned facility and a market too small to seriously consider relocation. Despite the ever-present threat of the Bills moving to a more lucrative market, Democrat Governor Kathy Hochul ultimately signed a deal providing $600 million in state funding for a new $2.1 billion stadium for the Bills, with Erie County contributing an additional $250 million. This was after team owner Terry Pegula threatened to move the franchise to Austin, Texas, where he would privately finance a stadium.
California lost 156,300 jobs in the first half of 2024, according to the latest federal quarterly payroll data, contradicting Governor Gavin Newsom’s optimistic claims about job growth in the state. While Newsom’s office had highlighted preliminary job survey data, which often overestimates employment numbers, the finalized payroll data shows a starkly different picture. In January, California’s payroll data counted 18,037,900 jobs, but by June, that number had dropped to 17,881,600, reflecting a significant job loss.
Incoming trade advisor Peter Navarro has reassured Americans that the tariffs planned for President-Elect Donald Trump's next term will not lead to inflationary pressures. Speaking with CNBC, Navarro pointed to the significant tariffs imposed on Chinese imports during Trump’s previous term, such as steel, aluminum, dishwashers, and solar panels. Despite fears that these tariffs would drive up prices, Navarro emphasized that they had no discernible impact on inflation. He also dismissed past warnings about inflation, recalling how critics had predicted economic chaos during Trump’s first term, only to see those fears prove unfounded.
Columbia College Chicago will eliminate 11 degree programs and lay off up to 25 full-time faculty members starting in the 2025-26 school year, as part of a strategy to address ongoing financial difficulties.
President-elect Donald Trump is set to meet with TikTok CEO Shou Zi Chew on Monday at Mar-a-Lago, his resort in Florida, as the popular social media app faces a looming U.S. ban.
Canadian Deputy Prime Minister Chrystia Freeland has stepped down, citing a clash with Prime Minister Justin Trudeau over how to handle President-elect Donald Trump’s proposed 25% tariffs on Canadian imports.
President Joe Biden moved to establish the Frances Perkins National Monument in Newcastle, Maine, to "honor the historic contributions of America’s first woman Cabinet Secretary and the longest-serving Secretary of Labor," a White House fact sheet says.
