Hurricane Milton, with its potential to be a once-in-a-century event, could cause over $50 billion in damage, with worst-case scenarios reaching up to $175 billion, according to top Wall Street analysts. This would add to the devastation already caused by Hurricane Helene, possibly setting new records for destruction. Jefferies equity

Both Democrats and Republicans are opposing an Oregon ballot measure that would raise corporate taxes to fund an annual rebate for state residents. The measure, called Ballot Measure 118 or the Oregon Rebate, proposes a 3% tax on corporations earning over $25 million a year in Oregon. Initially known as

X is introducing a major change to how creators can earn money on the platform. Previously, X shared ad revenue with creators based on the number of verified users who saw ads in replies to their posts. However, the company announced today that going forward, creators will be paid based

US Justice Department told a federal judge it is considering recommending that Google, $GOOGL, be forced to sell off parts of its operations. The U.S. Department of Justice is considering asking a federal judge to require Google to divest parts of its business to break up its monopoly on

The Federal Emergency Management Agency (FEMA) issued a warning Tuesday that misinformation surrounding hurricanes is severely hindering their response efforts and endangering hundreds of thousands of lives as Hurricane Milton heads toward Florida, while recovery from Hurricane Helene continues. Why it matters: With one natural disaster ongoing and another approaching,

For graduates entering the job market this autumn, the outlook is challenging. The tech sector, once a major source of jobs, is experiencing a downturn, while other industries are cutting back on both opportunities and salaries. Job seekers are encouraged to explore a broad range of career paths and gain

Vice President Kamala Harris is proposing a plan to provide federal funding to cover home care costs for older Americans, with the goal of supporting the "sandwich generation"—adults who are simultaneously raising children and caring for aging parents. During an appearance on ABC’s “The View” on

The Wall Street Journal has added yet another piece to the growing collection of articles discussing the struggles of young men in America. I've addressed this topic extensively in the past, so I won't rehash everything here. But at its core, I always come back to

A new survey reveals that 87 percent of Generation Z workers feel they are underpaid, even among those earning six-figure salaries. The survey, conducted by ResumeTemplates com in September 2024, gathered feedback from 1,750 full-time employees aged 17 to 27, all belonging to Gen Z. According to the report,

Thirteen U.S. states, along with the District of Columbia, filed lawsuits against TikTok on Tuesday, accusing the popular social media platform of harming and failing to protect young users. The lawsuits, filed separately in New York, California, D.C., and 11 other states, broaden the legal battle between TikTok,

Billionaire tech executive Elon Musk painted a stark picture of the upcoming presidential election during an appearance with Donald Trump, declaring the Republican nominee as the only candidate capable of "preserving democracy in America." Musk, the CEO of SpaceX and Tesla and owner of X, joined Trump at

Brazil's Supreme Court lifted the ban on social media platform X on Tuesday, allowing it to resume operations after being blocked for over a month due to a dispute over disinformation. Judge Alexandre de Moraes issued the ruling, reinstating the platform after X paid millions in fines for

More details have emerged about the Irvine Police Department's new Tesla Cybertruck, which is believed to be the first use of the electric pickup by a U.S. police force. However, the department's purchase of the high-end vehicle has sparked some criticism. After beating nearby Anaheim

Waffle House shared a map showing which of its restaurants in Florida are closed ahead of Hurricane Milton’s landfall. As of 5 p.m. ET on Tuesday, the National Hurricane Center reported that Milton had intensified back to a Category 5 storm after briefly being downgraded to a Category

The Biden administration is developing plans to bring more decommissioned nuclear power plants back online to meet the rising demand for emissions-free electricity, according to White House climate adviser Ali Zaidi. On Monday, Zaidi confirmed that two such projects are already underway, including the planned recommissioning of Holtec’s Palisades

Baby boomers are the wealthiest generation in history, thanks to affordable housing and strong stock market returns, according to a new report from Allianz. These favorable conditions have led to significant wealth accumulation, making them the richest generation ever. In contrast, millennials have faced a series of economic setbacks, earning

The U.S. is on track to hit a new record for homelessness, with more than half a million people living on the streets this year. According to data compiled by The Wall Street Journal from over 250 homeless organizations, at least 550,000 people are currently homeless, marking a

If you're planning to retire at the typical age of 65, brace yourself—this is something you’ll want to know. A new model, which takes into account factors like health changes, nursing home expenses, and demographic shifts, shows that roughly 45% of Americans retiring at 65 are

South Korea has decided to extend its ban on short selling until March 30 of next year, while also introducing tougher penalties for illegal trading practices. The ban, which was initially implemented in November to combat naked short selling—where shares are sold without being borrowed first—was set to

A new report from the Federal Reserve Bank of New York highlights rising household debt, revealing that credit card balances increased by $27 billion in the second quarter of 2024, a 5.8% rise from the previous year. The report also noted a spike in credit card delinquencies, particularly among

More than 13,000 immigrants convicted of homicide, either in the U.S. or abroad, are living outside of Immigration and Customs Enforcement (ICE) detention, according to data ICE shared with Congress earlier this week. These individuals are part of ICE’s "non-detained" docket, meaning the agency has

Donald Trump is reportedly considering Dan Gallagher, Robinhood’s Chief Legal Officer, as his choice to replace Gary Gensler as head of the Securities and Exchange Commission (SEC) if he returns to the presidency. Gallagher, a former SEC commissioner, has emerged as a leading contender, according to insiders, including former

Milton rapidly intensified in the Gulf of Mexico on Monday, reaching Category 5 status as it approached Florida, threatening a dangerous storm surge in Tampa Bay. This led to evacuation orders and heightened urgency for the ongoing cleanup from Hurricane Helene, which devastated the same coastline less than two weeks

Donald Trump: "We're gonna build a missile defense shield around our country. We need that protection just like Israel has ... we deserve a shield" Apple, General Motors, John Deere, and Facebook share two key traits: they are iconic American companies, and they have faced the ire

Members of Congress have put forward various solutions to address the potential chaos a mass casualty event could cause, ranging from a constitutional amendment allowing lawmakers to appoint their own successors to rule changes aimed at preventing violence from altering the balance of power. However, a POLITICO review found that