Biden levies new sanctions against Russian energy sector, but it’s up to Trump whether to keep them
WASHINGTON (AP) — President Joe Biden’s administration announced Friday that it’s expanding sanctions against Russia’s critically important energy sector, unveiling a new effort to inflict pain on Moscow for its nearly 3-year-old war in Ukraine as President-elect
NBC’s Jacob Soboroff finds the burnt-out home where he grew up, as wildfire stories turn personal
NBC News reporter Jacob Soboroff didn’t know what to expect when he turned his SUV onto the Pacific Palisades street where he grew up. What he found on Wednesday were smoldering ruins where his childhood home had
Judge sentences Donald Trump in New York case but declines to impose any punishment
President-elect Donald Trump was formally sentenced Friday in his New York case, but the judge declined to impose any punishment. The outcome cements Trump’s conviction while freeing him to return to the White House unencumbered by the
Biden administration extends temporary status for more than 200,000 from El Salvador for 18 months
MIAMI (AP) — More than 200,000 Salvadorans who have lived more than two decades in the United States can legally remain another 18 months, the Homeland Security Department said Friday in one of the Biden administration’s final
The Latest: The Supreme Court to consider a possible TikTok ban
WASHINGTON (AP) — The law that could ban TikTok is coming before the Supreme Court on Friday morning, with the justices largely holding the app’s fate in their hands. Here is the Latest: —- If TikTok isn’t
Factbox-Insurance industry stares at potential record-breaking losses from Los Angeles wildfires
(Reuters) – Analysts are evaluating the financial impact of the wildfires that have charred hillsides, homes, and streets in Los Angeles County, with initial estimates suggesting total insured losses could reach as high as $20 billion. Attention
Wildfires latest: 10 confirmed dead as firefighters work to contain blazes in Los Angeles area
Firefighters are hoping for a break Friday from the fierce winds that have fueled massive blazes in the Los Angeles area, killing 10 people, obliterating whole neighborhoods and setting the nation’s second-largest city on edge. On Thursday
DOGE sends representatives across US government, Washington Post reports
(Reuters) – U.S. President-elect Donald Trump’s aides with the Department of Government Efficiency (DOGE) have spoken with staffers at more than a dozen federal agencies to begin preliminary interviews, The Washington Post reported on Friday. The agencies
Surprising Dec US payrolls jump supports longer Fed pause
(Reuters) -U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% from November’s 4.2% as the labor market ended 2024 on a solid footing, reinforcing the Federal Reserve’s cautious approach to interest rate
Fed seen cutting policy rate just once in 2025 as job growth surges
(Reuters) – Traders on Friday bet the Federal Reserve will wait until at least June to reduce its policy rate, and end its rate-cutting cycle there after government data showed employers added far more jobs than expected