Bitcoin, the leading cryptocurrency, took a nosedive below $92, 000. This slide happens just days before Donald Trump's upcoming presidency. The coin had surged to a record high of over $106, 000 last month, buoyed by hopes of the Fed's final 2024 interest rate cut and Trump's influence on markets.
After the destructive fires that hit Los Angeles, Governor Gavin Newsom is planning a massive rebuilding project, calling it a "Marshall Plan" for the region. This plan aims to reimagine the city with input from various leaders, including those from the city, civic groups, businesses, nonprofits, an
President Biden recently said no to a new law that would add more federal judges. This law, called the Judicial Understaffing Delays Getting Emergencies Solved (JUDGES) Act, aimed to solve a problem that's been around for decades: not enough judges handling too many cases. The bill would have added
An Ohio Congressman, Warren Davidson, suggests halting disaster relief for California until the state changes its forest management practices. He argues this during a discussion about federal aid needed to prevent a government shutdown. In 2025, a relief act allocated $110 billion for hurricane-hit
US stocks took a nosedive on Friday after a surprisingly strong jobs report for December. The Dow plummeted by 697 points, closing at 41, 938, while the S&P 500 and Nasdaq indices fell by 1. 5% and 1. 6%, respectively. All three indices ended the week in the red. The economy added 256, 000 jobs las
This week, global bond markets have been in a tailspin. The cause? A wave of new government debt hitting the market. Investors are fretting about just how much money governments are borrowing. For instance, the U. S. alone raised $119 billion by selling bonds that mature in three, ten, and thirty ye
In the United States, people without proper documentation who are dealing with blood cancers often struggle to get a potentially life-saving stem cell transplant. Instead, they're often stuck with less effective treatments that have a higher chance of being fatal. This situation is largely overlooke
Elon Musk, the world's richest person, has adjusted his goal for cutting the federal budget. Initially, he aimed for a massive $2 trillion reduction, but now he thinks achieving half of that, $1 trillion, would be a significant win. Musk, who is part of the Department of Government Efficiency (DOGE)
While Los Angeles is burning due to wildfires fueled by dry weather and wind, President-elect Donald Trump isn't showing sympathy. Instead, he's taking aim at Governor Gavin Newsom on his Truth Social platform, reigniting an old feud about California's water policies. Trump criticized Newsom for sup
You know those massive language models everyone’s talking about? They’re getting bigger, and so is the demand for high-quality data. Researchers are combining these models with a technique called federated learning to tackle data scarcity. Think of it like this: instead of sending all your data to o
