Market

A Georgia bill that ties property assessments to the rate of inflation is facing pushback from local government entities opting out of the measure. Approved by 63% of voters in November 2024, the bill aims to cap property tax increases, but some officials argue the restrictions could hinder their ability to fund essential services.

CNN, a division of Warner Bros. Discovery, plans to lay off hundreds of employees this week as part of a strategy to refocus its business around a global digital audience, according to a CNBC report on Wednesday.

The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.

The U.S. Securities and Exchange Commission (SEC) announced Tuesday the formation of a task force to create a regulatory framework for cryptocurrency.

President Donald Trump signed a series of executive orders on Inauguration Day targeting the Biden administration’s electric vehicle (EV) initiatives.

A Florida jury found CNN guilty of defaming a U.S. Navy veteran who helped evacuate people from Afghanistan following the 2021 withdrawal.

On January 16, 2025, U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas, ruled that Idaho, Missouri, and Kansas can continue their lawsuit against the U.S. Food and Drug Administration (FDA) seeking to restrict the availability of the abortion pill mifepristone.

Incoming officials in President-elect Donald Trump’s administration are reportedly crafting a sanctions strategy aimed at expediting a resolution to the Russia-Ukraine conflict. According to Bloomberg, the plan includes options to pressure Moscow while managing global oil market stability amid existing sanctions on major producers like Russia, Iran, and Venezuela.

A recent report from the U.S. Government Accountability Office (GAO) highlights key vulnerabilities in the infant formula supply chain and suggests reforms to prevent future shortages. This comes after a 2022 formula crisis left families across the nation struggling to access an essential source of infant nutrition.

A recent report from the National Sports Shooting Foundation (NSSF) indicates that civilian firearm ownership in the United States has reached unprecedented levels, with over 490 million firearms in civilian possession as of 2022. Specifically, the report estimates that 491.3 million firearms were owned by civilians between 1990 and 2022, demonstrating the enduring prominence of firearms in American culture.