California is requiring that all new cars must be zero-emission vehicles by 2035. Before leaving office, President Joe Biden set a national goal to have half of the new cars and trucks sold nationwide by 2030 have zero emissions.
The number of Americans filing for unemployment benefits rose slightly last week, yet labor market conditions remain stable. The Federal Reserve is expected to maintain interest rates due to minimal stress in job markets.
On day one, I will launch the largest deportation program in American history to get the criminals out,” Trump says
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.
Shortages in labor and materials will add to strain in rebuilding communities affected by wildfires in Los Angeles.
The wildfires sweeping through Los Angeles County communities have destroyed at least 10,000 homes so far and more are in the path of still-uncontrolled flames. Obviously the loss of so many
For CD rates to stay the same in 2025, the current economic conditions would have to remain steady in terms of a variety of factors, including "steady inflation rate, balanced economic growth, stable employment levels, the Fed remaining neutral on its monetary policy, and no surprises in the economy," says Chitrathorn.
Neither the state nor local government seems to have learned much from the perils of pricing the less privileged out of Los Angeles's safe zone.
Central bankers agree that climate change poses a threat to the financial system. An insurance crisis is exactly the kind of problem that could spread.
With the fires in Los Angeles still burning, the cost of their destruction, beyond the lives lost, remains unknown, but is certain to total in the tens of billions of dollars.
Jobless claims applications ticked up modestly last week, but the total number of Americans collecting unemployment benefits rose to their highest level in more than three years.