JANUARY 6, 2024
A person rides a carriage as snow falls in Central Park, in New York, on Jan. 6, 2024. - Andrew Kelly/Reuters
The year's first significant winter storm in the eastern U.S. is expected to bring heavy snow to more than a dozen states this weekend.
Winter storm warnings are in effect for 13 states, from North Carolina to Maine.
Overall,...
JANUARY 5, 2024
Lawrence Summers.
Former Treasury Secretary Lawrence Summers called on US business leaders to set aside their concerns over the excesses of the Biden administration’s progressive policies and to recognize the historic dangers of another presidential term for Donald Trump.
“This is probably the most consequential presidential election since the Second World War,” Summers said on Bloomberg Television’s Wall Street...
JANUARY 4, 2024
The heart of the Republican effort to potentially (or probably: inevitably) impeach President Biden are business agreements involving his son Hunter Biden. Even before Republicans took control of the House a year ago, party leaders, such as then-incoming House Oversight Chairman James Comer (R-Ky.), announced their intention to explore how money from foreign actors might have made...
Business
An upmarket California restaurant took thousands of dollars in tips from staff to fund business expenses, a federal lawsuit claims
JANUARY 4, 2023
Mikael Vaisanen/Getty Images
A California restaurant "misappropriated" thousands of dollars in tips to fund business expenses, the DOL claims.
The restaurant deposited tips into its business account and gave a portion to staff each week, the DOL claims.
The DOL accused it of violating the Fair Labor Standards Act. It's seeking $500,000 for staff.
A French restaurant...
JANUARY 3, 2024
A major winter storm packing travel-snarling snow and dangerous ice is on track to arrive in the Northeast this weekend, a storm that AccuWeather meteorologists say will deliver the first big snowfall along the Interstate 95 corridor in nearly two years.
The cross-country storm will first push across the Southwest into Thursday before swinging eastward, where it will...
Business
‘The new American dream is to leave’: Most in the US don’t believe hard work will get you ahead. Here’s what some are striving for instead
JANUARY 3, 2023
The American dream has morphed into a pipe dream for many people living in the U.S.
At the heart of the national ethos is the belief that anyone can rise from rags to riches through hard work and perseverance. In the past, that was symbolized by owning a large house with a white-picket fence, driving a nice car...
JANUARY 2, 2024
Tumbling technology stocks cast a pall over a trading day in which the Dow Jones Industrial Average ended at a new all-time high, showing how much sway a few giant technology firms have over the broader market.
The tech-heavy Nasdaq Composite Index declined 1.6%, dragged down by the same big names, including Apple and Nvidia, that propelled it...
Business
I Want to Give Money to My Daughter and Son-in-Law. How Much Can I Give Without Triggering Taxes?
JANUARY 2, 2024
A woman and her husband celebrate after receiving a large financial gift from her parents.
Perhaps your daughter recently got married and you want to help her and her husband start their new life. Or maybe they suddenly find themselves in need of financial assistance and turn to you for help.
Fortunately, the IRS allows you to give...
JANUARY 2, 2023
Earthquake felt in D.C. suburbs, startling residents.
A small earthquake occurred near Rockville, Md., early Tuesday, and within an hour, hundreds of people in Maryland’s suburbs, the District and Northern Virginia reported hearing or feeling it, according to the U.S. Geological Survey.
The 2.3-magnitude quake, according to initial estimates, occurred a few minutes before 1 a.m. at a depth...
Community
I stopped running for a month and tried daily walks instead. Here are five things I learned
JANUARY 2, 2023
I’m a running nut. If I can get anywhere by running I'll do it.
If I’ve got chores to do I'll run to the shops. If my son is playing sport eight miles away I'll run there and back. If I'm on a city break I'll book a running sightseeing tour. I even run home after a night...