A significant power outage struck Nantucket during its annual Christmas Stroll, leaving more than 1, 400 businesses in the dark for about 27 hours. The island's Chamber of Commerce estimated that affected businesses lost around $1. 5 million. Shops struggled with credit card payments and were forced
You might think Hollywood is all glamour, but there's a lot that happens behind the scenes. Recently, a new group called the California Production Coalition has formed to keep things in California. Why? Because other states and countries are offering crazy good tax breaks to lure in TV and film prod
The Federal Reserve wrapped up its rate cuts for 2024 with a final adjustment at its meeting on Wednesday. Interestingly, they scaled back their expectations for rate reductions in 2025 by two, as inflation remains persistent and the economy stays robust. Just a couple of years ago, the situation w
In Frankfort, Kentucky Governor Andy Beshear, known for his statewide victories in a conservative state, urged Democrats to shift their focus from political squabbles to everyday issues that matter to people. Beshear believes Democrats should prioritize creating good-paying jobs, improving healthcar
When kids get really sick and need to stay in the Pediatric Intensive Care Unit (PICU), it's worse if they catch infections or other complications at the hospital. These hospital-acquired complications (HACs) can make them stay longer and need more help breathing, which isn't good for their health o
Do you know that when Treasury yields go up, prices go down? Today, the 10-year Treasury note was barely changing, sitting around 4. 39%. Meanwhile, the 2-year Treasury note wasn't moving much either, hanging around 4. 21%. This happened right before the Federal Reserve makes its decision about inte
Canada’s government is facing a tough time. Prime Minister Justin Trudeau, who has been in power for nearly a decade, is dealing with a lot of problems. One big issue is that his Finance Minister, Chrystia Freeland, just quit. She said she didn't agree with how Trudeau was handling the economy, espe
The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers
Imagine a software company that makes life easier for landowners and developers. That's Mesa Land Services, and they're branching out to Mount Pleasant. With a $1. 3 million investment, they're ready to create 24 new jobs. Their specialty? Software that speeds up and simplifies the utility easement
British Columbia's Finance Minister Brenda Bailey recently announced a significant increase in the province's deficit. It has jumped by $429 million, hitting a record high of $9. 4 billion. This rise is mainly due to weak exports and higher expenses at home. Despite this, Bailey insists that the gov
