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A new COVID subvariant called “Nimbus” is driving a surge across California, with doctors warning of painful symptoms and weakened vaccine policies. A federal judge in Los Angeles is considering whether to take control of the city’s homelessness programs, citing mismanagement and missing data. Palisades and Altadena fire victims are suing State Farm, claiming they were grossly underinsured after devastating losses. Elon Musk’s Neuralink makes headlines for helping a monkey “see” an artificial image—pushing the limits of brain-computer tech.
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In his first major speech as Fed Chair, Kevin Warsh told the Fed's annual Jackson Hole conference that inflation — currently at 3.7%, above the Fed's 2% target — remains a top concern, and warned the central bank will act if prices don't ease. Warsh didn’t offer “forward guidance” on interest rates…
A new Marsh survey finds employers expect health benefit costs to rise about 8% next year — the biggest increase in more than two decades. Employers are already eyeing ways to shift more costs onto workers. That's on top of a separate Aon report showing employees paid nearly 10% more in out-of-pock…
Gloria Steinem, the author and activist who helped revolutionize the feminist movement, died Wednesday at her home in New York City. She was 92. For more than half a century, Steinem fought for abortion rights, equal pay, and same-sex marriage, calling herself an "entrepreneur of social chang…
A new one-dollar coin featuring President Trump's portrait is making headlines after the U.S. Mint put sleeves up for sale this week to celebrate the country's 250th birthday. The "heads" side shows Trump's portrait with "liberty" above it and the years 1776–2026, while the reverse features the Sea…
The U.S. Open is a big money maker for New York City. A consulting group working with the USTA says the tournament brings in about $1.2 billion a year, fueled largely by tourism, with over a million visitors attending last year alone. Restaurants, hotels, and bars all get a major boost, and busines…
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