Financial

New California Law Eliminates Overdraft Fees

Starting January 1, a new California law, Assembly Bill 2017, will eliminate overdraft fees at state-regulated banks.

Republican Strategist Whitley Yates Defends DNA Testing of Illegal Immigrants Against Democratic Criticism

Republican strategist Whitley Yates pushed back against Democratic strategist Theryn Bond’s concerns about privacy violations over proposed DNA testing for illegal immigrants. Bond had argued on NewsNation that DNA testing of migrants was an invasion of privacy, calling it part of a broader effort to mass deport individuals without regard for costs.

Apple Seeks Role in Google Antitrust Case Over $20B Revenue-Sharing Deal

Apple has requested to participate in the next phase of the ongoing antitrust trial against Google, emphasizing that it cannot rely on Google to defend the revenue-sharing agreements that benefit both companies. The iPhone maker argues that these agreements, which make Google the default search engine on Apple's Safari browser, are central to its financial success, contributing up to $20 billion annually. In court documents, Apple stated that it received an estimated $20 billion from this arrangement in 2022 alone.

California Gov. Gavin Newsom Weighs Proposal Aimed at ‘Helping’ Illegals Head of Trump Presidency

California Governor Gavin Newsom is reportedly weighing a proposal aimed at supporting illegal immigrants and their families in anticipation of former President Donald Trump’s potential mass deportation policies should he take office again.

Syrian Christmas Tree Set on Fire Sparks Protests

Protests were held in Damascus after a Christmas tree was set on fire in a Syrian village.

Incoming FCC Chair Pens Letter to Disney CEO

President-elect Donald Trump's incoming chair of the Federal Communications Commission, Brendan Carr, sent a letter to Disney CEO Bob Iger, promising to hold the company accountable for prioritizing its content over others that may be more trusted by the American people.

Disney Exec Explains Cancellation of ‘The Acolyte’ Due to High Costs and Underperformance

A top Walt Disney Company executive has provided insight into the cancellation of the Star Wars spin-off series The Acolyte, citing its underperformance in relation to its high production costs. Alan Bergman, Disney Entertainment co-chairman, discussed the decision in a recent interview with Vulture, explaining that while the company was "happy" with the series' performance, it didn't meet the necessary thresholds to justify a second season.

Chicago’s School Board Faces Backlash Over CEO Firing Decision

Chicago taxpayers could be facing significant costs due to the school board's recent decision to fire Chicago Public Schools (CPS) CEO Pedro Martinez, despite his contract extending through June 2026. Mayor Brandon Johnson’s newly appointed school board voted 6-0 to end Martinez’s tenure, a move that has sparked widespread controversy.

Ukraine Secures $1.1 Billion from IMF for Budget Needs

Ukrainian Prime Minister Denys Shmyhal announced Monday that the country has received $1.1 billion in financial assistance from the International Monetary Fund (IMF).

Trump to Pull U.S. Out of World Health Organization

President-elect Donald Trump will reportedly pull the United States out of the World Health Organization (WHO) on the first day of his administration, the Financial Times reported.

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