Economy

Los Angeles County to Cancel $2 Billion in Medical Debt For Residents

Los Angeles County has announced a program to cancel $2 billion in medical debt for residents.

California Lost 156,300 Jobs in 2024, Contradicting Newsom’s Claims of Economic Growth

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.

Biden Plans to Veto Judicial Appointments Bill Over Timing Concerns

President Joe Biden is preparing to veto a bill that would authorize 63 new permanent district judgeships over the next decade, 22 of which President-elect Donald Trump could fill during his upcoming term.

German Chancellor Loses Confidence Vote

German Chancellor Olaf Scholz lost a vote of confidence in parliament, leading to preparations for an early election in February.

Los Angeles Approves $30 an-Hour Wage for Hotel, Airport Workers

The Los Angeles City Council voted to pass a $30 minimum wage for hotel and airport employees.

SoftBank Investing $100 Billion in U.S.

President-elect Donald Trump and SoftBank CEO Masayoshi Son announced that SoftBank is investing $100 billion in the United States.

Trump transition spokeswoman Karoline Leavitt said voters gave Trump a mandate to deliver on campaign promises, including stopping government attacks on gas-powered cars.

"When he takes office, President Trump will support the auto industry, allowing space for both gas-powered cars and electric vehicles," Leavitt said in a statement.

American Detained in Syria For Seven Months Flown Out of Country By U.S. Military

Travis Timmerman, an American detained in Syria for seven months, has been freed and flown out of the country by U.S. military forces. His release came after rebels overthrew President Bashar al-Assad’s regime and liberated thousands of prisoners, including Timmerman.

Trump to Work Toward Ending Daylight Saving Time

President-elect Donald Trump announced that his administration will work toward eliminating Daylight Saving Time.

Trump’s Return Sparks Hope for Over Half of Voters

A new Fox News Poll shows President-elect Donald Trump’s return to the White House has left more than half of voters feeling optimistic about the future. Among those surveyed, 54% said they felt hopeful, while 50% reported feeling relieved. Nearly half (48%) expressed excitement over the election outcome.

Latest news

- Advertisement -spot_img