News - 2025-01-10

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After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are just beginning.

The fires raging in Southern California threaten to hurt the supply of oil, gas, diesel and natural gas supplies due to fire hazards and loss of power.

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A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.

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Insurance and utility stocks with California exposure took a hit Friday as the Los Angeles fires continued to rage.

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The rising cost of buying or renting home has led more to remain in the family home, a think-tank says.

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(Bloomberg) -- As attention turns to the causes of this week’s devastating Los Angeles wildfires, evidence has emerged that power lines close to where one of the deadly conflagrations started weren’t shut off, despite warnings about high winds.Most Read from BloombergWhat Robotaxis Brought San FranciscoA Blueprint for Better Bike LanesNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bri

It follows criticism of the chancellor's trip which comes at a time of economic unease as UK borrowing costs rise.

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The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.

A rising star among New Age motivational speakers, he was brought down by a disaster during one of his retreats in Arizona, where three people died in a sweat lodge.

It joins Walmart, McDonald's and other companies in a similar move regarding diversity efforts since Trump's re-election.

A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.

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The Internal Revenue Service announced that the 2025 tax filing season will officially begin on Jan. 27, when taxpayers can file returns for the 2024 tax year.

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The chair of a committee of MPs has written to the London Stock Exchange with concerns over the fashion retailer.

Despite a law against price gouging during a state of emergency, some rental listings have shot up above the allowable 10 percent overnight.

Bird flu vaccine: What to know

Jan 10, 2025, 2:48 PM

Medical experts advise that people should get a vaccine for the bird flu when it becomes commercially available. One doctor said the most at-risk patients should be first.

Macy’s on Thursday named 66 stores it plans to shutter this year through its "Bold New Chapter" initiative. The locations are spread across 22 states.

More than two million train tickets will be sold at a discount under a promotion starting next week.

Caution reigns ahead of December's jobs report, which will shape bets on the chances of Fed rate cuts.

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The Biden administration's proposal would put more pressure on companies like Nvidia to crack down on where resellers ultimately send their chips.

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Several experts warned that it will be very hard to pinpoint when the victims of the Southern California wildfires will receive their insurance payouts.

Why Rachel Reeves needs a more detailed growth strategy - and soon.

Jobs growth in the US surged unexpected last month. That's good news for the world's largest economy but could be "punishing" for the UK.

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A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.

The Biden administration is cracking down on the Russian “shadow fleet” and taking steps to curb oil and gas production.

The 401(k) rules allow you to save more if you are close to retirement. Those rules got even better with the start of 2025 if you are aged 60-63. Here's what you need to know..

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December's jobs report will be the final look at the labor market before the Federal Reserve announces its next interest rate decision on Jan. 31.

Constellation Energy’s deal to buy Calpine is being driven by fast-rising demand for electricity in part by the technology industry’s investments in artificial intelligence.

Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.

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Sizzling returns well may continue, but our columnist suggests that it would be wise to prepare for the next storm.

The Labor Department released its jobs report for December which showed the U.S. economy added 256,000 jobs last month, well above economists' expectations.

Experts say the UK has enough gas after Centrica said storage levels are "concerningly low".

Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.

The social media app is likely to disappear from the app stores of Google and Apple right away. But it’s unclear if users will completely lose access.

The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.

Los Angeles is in the midst of battling multiple wildfires. FOX Business takes a look at some of America's most costly wildfires.

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Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.

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(Bloomberg) -- Nvidia Corp. criticized new chip export restrictions that are expected to be announced soon, saying the White House was trying to undercut the incoming Trump administration by imposing last-minute rules. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amste

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025. Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’The go-to

Economists expect the latest jobs report to show the labor market continued to cool in December but not enough to prompt a Federal Reserve interest rate cut in January.

Investors see an opportunity for egg producers like Cal-Maine as supply remains pinched.

The supermarket says the increase will "help manage a particularly tough cost inflation environment".

James Howells, 39, launched a legal case to require Newport city council to allow him to search a landfill site to retrieve a lost hard drive containing his Bitcoin fortune.

R. Nicholas Burns, the top U.S. diplomat in Beijing, says the Biden administration is making a final push to urge China to reconsider its tilt toward Russia, Iran and North Korea.