Month: December 2025
Ukraine peace deal is really close, U.S. envoy Kellogg says
Ukrainian President Volodymyr Zelenskyy meets with US President Donald Trump’s Special Representative for Ukraine, General Keith Kellogg, in Washington D.C. on August 18, 2025. Ukrainian Presidency | Anadolu | Getty Images U.S. President Donald Trump’s outgoing Ukraine envoy said a deal to end the Ukraine war was “really close” and now depended on resolving two […]
Read More
Global week ahead: Fed’s December decision to inform world’s central banks
A construction workers paints an eagle on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System, on Sept. 16, 2025 in Washington, DC. Kevin Dietsch | Getty Images A Christmas cut? Fast forward a few weeks, and a Christmas cut is very much […]
Read More
Senior US diplomat calls EU policies bad for trans-Atlantic partnership
Elon Musk is the owner of social media platform X. Aytug Can Sencar | Anadolu | Getty Images A $140 million fine on tech tycoon Elon Musk’s social media platform underscores how Europeans undermine U.S. policies even while demanding that the United States provide military protection, one of the top American diplomats wrote on Saturday. […]
Read More
Musk denies $800 billion SpaceX valuation reports
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate. “SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year […]
Read More
Trump administration waives $11 million fine for Southwest Airlines’ 2022 holiday meltdown
A Southwest plane and baggage carts at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Monday, Dec. 27, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Trump administration said it will forgive the last $11 million of a civil fine against Southwest Airlines that stems from the carrier’s 2022 holiday meltdown that […]
Read More
India warns IndiGo of regulatory action and takes action to cap airfare surge
India’s aviation watchdog on Saturday warned airline IndiGo of regulatory action after it canceled thousands of flights over the last week, stranding passengers and forcing government action to limit a surge in airfares caused by the crisis. The country’s biggest airline, IndiGo canceled the flights because of a shortage of pilots after it failed to plan […]
Read More
‘Terrifying’: Why U.S. senator in top intel post wants more spying on Chinese companies
Go back a decade and most Americans had never heard of Huawei. Today, the Chinese telecom giant is a symbol of how quickly China can dominate a strategic technology sector and in the process create new national security and market threats for U.S. government and industry. Democratic Senator Mark Warner of Virginia, the top Democrat […]
Read More
Week in review: Stocks rise, Meta gets real on metaverse, and Salesforce bounces
Stocks eked out gains Friday and closed the week higher after the Federal Reserve’s favorite inflation gauge added to the case for an interest rate cut next week. For the week, the S & P 500 rose 0.3%, while the Nasdaq added nearly 1%. Both indexes logged back-to-back weekly gains. The Dow gained roughly 0.5%. […]
Read More
Biggest mistakes crypto investors make with estate planning
Roughly 1 in 7 people are leaving unclaimed property on the table, according to the National Association of Unclaimed Property Administrators. While the recent heavy selling in bitcoin and ether is rightly getting all the short-term attention, this estate planning issue is a longer-term one that’s likely to be exacerbated as crypto adoption and ownership […]
Read More
From the California gold rush to Sydney Sweeney: How denim became the most enduring garment in American fashion
Jodie Foster, Billie Perkins, and Robert De Niro perform a scene in Taxi Driver directed by Martin Scorsese in 1976 in New York, New York. Michael Ochs Archives | Moviepix | Getty Images In the dwindling days of the California gold rush, the wife of a local miner faced a problem. Her husband’s denim work […]
Read More