Core inflation rate slows to 3.2% in December, less than expected
The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.
A Chinese AI company, DeepSeek, sparked a significant decline in Wall Street’s tech sector, with major losses for Nvidia and the Nasdaq composite. DeepSeek’s cost-effective AI model challenges U.S. firms, impacting global markets and leading to investor shift towards bonds. Market volatility may continue as Big Tech earnings are announced this week.
TikTok’s CEO Shou Chew is expected to attend President’s Trump inauguration next week, NBC News reports.
A group of transgender service members and rights groups are filing a lawsuit against President Donald Trump’s restrictions on transgender troops in the military. The lawsuit, filed on behalf of six active duty transgender service members by GLAD Law and the National Center for Lesbian Rights (NCLR), argues that the new executive order violates the equality…
CBS News national reporter Kati Weis was in the French Quarter when a truck slammed into a crowd early Wednesday morning on Bourbon Street, killing at least 10. She described her experience.
Donald Trump announced the interview with Elon Musk on Truth Social last week.