• Trump's Likely First Moves on US Energy Policy
  
  President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.
• Global Stocks Tumble on 2025 Rate Cut Doubts
  
  Global stocks fell Monday while the dollar hit 26-month peaks after a U.S. jobs report that prompted investors to question if interest rates will fall at all this year.
• Nvidia: Biden Rule Will Weaken US AI Leadership
  
  Nvidia Monday criticized a new effort by the Biden administration to tighten Washington's grip on artificial intelligence chip flows around the world, saying the regulation would jeopardize current U.S. leadership in AI.
• Biden Admin Proposes New AI Chip Export Rules
  
  The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other...
• At $250B, LA Wildfires Could Be Costliest in US History
  
  The wildfires that erupted this week across Los Angeles County are still raging, but already are projected to be among the costliest natural disasters in U.S. history.
• Bezos' Blue Origin Delays Glenn Rocket Launch
  
  Jeff Bezos's Blue Origin will have to wait a little longer for the long-anticipated maiden orbital flight of its brand-new rocket after a launch attempt dragged on for hours before being canceled due to unspecified technical issues.
• Officials: Beware of Scams When Donating to LA Fire Victims
  
  Scammers are targeting people making donation to help the victims of the Los Angeles wildfires, California Attorney General Rob Bonta warned Saturday.
• Bezos Sees No Threat From Musk-Trump Ties in Space Race
  
  Jeff Bezos told Reuters on Sunday said he does not think SpaceX CEO Elon Musk will use his close ties with President-elect Donald Trump to undercut his space company Blue Origin, adding he feels "very optimistic" about the incoming administration's space agenda.
• Oil Hits Over 3-Month High as US Sanctions Hit Russia Exports
  
  Oil prices hit their highest level in more than three months on Monday's open, extending their rally on expectations that wider U.S. sanctions will affect Russian crude supplies to the world's top and third largest importers China and India.
• Landlords Raising LA Rents as Fires Cut Home Supply
  
  Los Angeles landlords are being accused of raising rents as the supply of homes in the Southern California metropolis drops amid the fires.
• Incoming Economic Chief Makes Case for 20 Percent Tariffs
  
  President-elect Donald Trump's nominee to chair his Council of Economic Advisers, Stephen Miran, has made a case for amped-up tariffs to 20% even on allies, using ally security guarantees as the leverage to submit to them without retaliation.
• Vance: Biden Has 'Left Us an Absolute Dumpster Fire'
  
  The incoming Trump administration has been left with "an absolute dumpster fire" by President Joe Biden's lack of effective governance, according to Vice President-elect JD Vance.
• Vet's CNN Defamation Suit Exposes Damaging Emails
  
  U.S. Navy veteran Zachary Young's CNN defamation trial this week has revealed the news network staffers had cursed him out, alleging he was charging "exorbitant" fees - for his people risking their lives - to help people fleeing Afghanistan.
• Inflation Report Could Rattle Markets
  
  U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump's policy plans.After back-to-back standout years, the stock market has wobbled out of the gate in 2025,...
• Apple Embraces DEI While Meta, Others Abandon
  
  Apple's board of directors has recommended shareholders vote against a proposal to end the company's diversity, equity and inclusion (DEI) programs, going against the grain of decisions by other large US corporates.The National Center for Public Policy Research, a...
• H-1B Challenges Push US Employers to Hire Remotely Abroad
  
  As the debate over the H-1B visa program intensifies, U.S. employers are exploring alternatives to navigate administrative hurdles and secure talent, increasingly hiring remote workers abroad, Newsweek reported.
• IRS Extends Tax Deadline for Residents Affected by LA Wildfire
  
  The IRS announced Friday it extended the tax filing deadline to Oct. 15 for Los Angeles residents affected by the wildfire.
• High Court to Consider Biden Student Loan Appeal
  
  The Supreme Court said Friday it will consider an appeal by the Biden administration defending its plan to ease applications to the Borrower Defense student debt relief program.
• Trump Org Not Banning Private Foreign Deals, in Break With 1st Term
  
  The Trump family business released a voluntary ethics agreement Friday that allows it to strike deals with private foreign companies, a move that could help outside actors try to buy influence with the new administration.
• Russell 2000 in Correction Territory
  
  The economically sensitive Russell 2000 small-cap index closed down more than 10% from its most recent November high Friday, commonly known as correction territory.
• Biden Orders Tougher Cyber Rules After China Hack
  
  President Joe Biden is calling for tighter cybersecurity standards for federal agencies and contractors in a new executive order, pushing reforms designed to address repeated Chinese-linked cyber operations and cybercriminal operations.
• Amazon Halts Some Diversity & Inclusion Programs
  
  Amazon.com, in a December memo to employees seen by Reuters on Friday, said it was "winding down outdated programs and materials" related to representation and inclusion, aiming to complete the process by the end of 2024.
• Wall Street Ends Lower After Blowout Job Data
  
  U.S. stocks sank Friday, with the S&P 500 erasing its 2025 gains, after an upbeat jobs report stoked fresh inflation fears, reinforcing bets that the Federal Reserve will be cautious in cutting interest rates this year.
• IRS 2025 Tax Season Starts Jan. 27
  
  The IRS Friday announced Jan. 27 as the official start date of the 2025 tax season, and expects more than 140 million tax returns to be filed by the April 15 tax deadline.
• Meta Ends Diversity Programs Ahead of Trump Inauguration
  
  Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum Friday.

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