Economic

China’s Massive Lunar New Year Travel Season Begins Amid Economic Uncertainty

China’s 2025 Spring Festival travel rush, the world’s largest annual human migration, began Tuesday, with officials projecting a record 9 billion trips over the 40-day period known as chunyun. Centered on Lunar New Year, which falls on January 29, the season runs through February 12, culminating in the Lantern Festival.

Biden Officials Warn Trump Against Premature Ukraine Cease-Fire

As President-elect Donald Trump prepares to assume office with intentions to end the Russia-Ukraine conflict, Biden administration officials caution against actions that could strengthen Russian President Vladimir Putin.

U.S. Population Growth to Slow by 2033

The Congressional Budget Office (CBO) projects that annual deaths in the U.S. will surpass births by 2033, marking a significant demographic shift.

Kohl’s to Close 27 ‘Underperforming’ Stores Across the United States

Kohl's has announced it will close 27 underperforming stores across the U.S. by April 2025, representing less than 3% of its over 1,150 locations.

Washington State Bill Proposes Unemployment Benefits for Illegal Immigrants Amid Budget Crisis

Washington State Senator Rebecca Saldaña (D-Seattle) has introduced a bill that would allocate state funds to provide unemployment benefits to illegal immigrants, despite the state's $10-17 billion budget deficit. The proposed legislation, SB 5023, aims to create a separate program for workers ineligible for federal unemployment insurance due to their immigration status.

Lawsuits Blame Southern California Edison for Fire

Several lawsuits accuse electric company Southern California Edison (SCE) of causing the major Eaton fire in the Los Angeles area.

Biden Announces Construction of AI Data Centers

President Joe Biden issued an executive order to develop AI data centers on federal sites.

Trump Team Promotes ‘Make America Wealthy Again’ Vision Ahead of Inauguration

With less than a week until Inauguration Day, former President Donald Trump’s team is rallying support for his “Make America Wealthy Again” (MAWA) agenda, a continuation of his America First policies. In a video released to Breitbart News, Trump lays out his promises to reduce costs and reinvigorate the economy by prioritizing energy independence, cutting taxes, and fighting inflation.

NYT Editorial Pushes “Illegal Bad, Legal Good” Migration Strategy

The New York Times editorial board proposed a sweeping plan to resolve America’s immigration challenges, advocating for increased legal migration while sidelining concerns of many Americans. The op-ed, titled “A Big Idea to Solve America’s Immigration Mess,” frames migrants as essential for economic growth while casting native-born Americans as a declining population incapable of meeting labor demands.

Cuban Migrants Apprehended in Makeshift Boat Near Key West

U.S. Border Patrol agents and Coast Guard crews intercepted 24 Cuban migrants near Key West, Florida, last week after their makeshift boat approached U.S. shores. This incident is one of several recent interdictions highlighting the risks of maritime migration in the region.

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