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Inflation report shows upsurge days before Trump takes office
Javier Ghersi/Getty Images(WASHINGTON) -- Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office. The readi...
Jan 15, 2025
Los Angeles fire losses could reach $30 billion for insurers
Benjamin Fanjoy/Bloomberg via Getty Images(LOS ANGELES) -- Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs estimated in a report released this week.After acc...
Jan 14, 2025
Will TikTok users be able to access the app after a potential ban? Experts explain
Michael M. Santiago/Getty Images(NEW YORK) -- TikTok mounted a last-ditch effort at the Supreme Court on Friday meant to stop a ban of the app set to take effect within days -- but the platform's arguments may have landed with a thud.A majority of the ...
Jan 11, 2025
Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows
Alexandr Kolesnikov/Getty Images(NEW YORK) -- Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tue...
Jan 07, 2025