Congress facing crucial deadlines - Midday - ...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  Show more

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

Crews battling those deadly wildfires in Southern California are facing new dangers this week as winds exacerbate the situation. Meanwhile, the incoming Trump administration is pointing fingers at California Democrats, citing a "serious lack of competent governance." And some of ...  Show more

The EU is preparing for president-elect Donald Trump to roll back his predecessor’s executive orders, bond markets have entered a new era of antagonism with governments, and insurers are bracing for losses of as much as $20bn from wildfires in Los Angeles. Plus, Elon Musk has ...

Congress is up against the clock to keep the government funded past Saturday or risk a shutdown – we’ll break down the options House Speaker Kevin McCarthy laid out to Republicans. An IRS contractor accused of stealing former President Donald Trump’s tax returns has been charged. ...  Show more

A new wildfire north of Los Angeles has exploded to 9,400 acres, forcing evacuations. The global business elite at the World Economic Forum in Davos brace for Trump’s video address and recalibrate in the face of his DEI rollbacks. Trump steps up his immigration crackdown, warning ...  Show more