Jean Smart says the Oscars and award ceremonies shouldn’t be broadcast this year after LA’s fires. Some think that’s the wrong move.
Jean Smart won an award at the Golden Globes last week. Jean Smart called on TV networks to not broadcast this year’s award ceremonies amid the Los Angeles wildfires, but some journalists believe this move would hurt those who work behind the scenes on the show. The awards season has already been altered this week…
The US economy ended 2024 with a bang, adding more jobs than expected in December while unemployment ticked down
The US labor market ended 2024 on a high note, adding 256,000 jobs in December, above the forecast of 164,000. Unemployment unexpectedly dropped from 4.2% in November to 4.1% in December. The consensus expectation was that the rate would hold steady. Labor force participation remained at 62.5% in December. The employment-population ratio increased from 59.8%…
Airlines warned to avoid western Russian airspace over the risk of being shot down
The wreckage of Azerbaijan Airlines Flight 8243. The European Aviation Safety Agency has warned airlines against flying over western Russia due to the risk of being shot down. It comes after Azerbaijan Airlines Flight 8243 was severely damaged while coming to land at Grozny, the capital of Russia’s Chechnya, on Christmas Day. Of the 67…
Is LAX closed due to Los Angeles fires? Here’s what you need to know.
The view from a flight passing over the Palisades fire on Tuesday. The wildfires devastating Los Angeles and the strong winds intensifying them are disrupting air travel in and around the city. Los Angeles International Airport, or LAX, remained open as of 5 a.m. PT Friday, but 30 flights have been canceled. The airport is…
4 reasons we’re paying off our mortgage early, even though the interest rate is under 2%
The author, Holly Johnson (second from left), and her family. When my husband and I decided to trade up to a larger home in August 2020, we owned our current home free and clear. We opted to put down 20% of the purchase price on the new home and take out a mortgage for the…
What the recent tantrum in bonds says about investors’ changing view of Trump
Wall Street embraced Donald Trump’s election win in November, catapulting the stock market to record highs on the prospect of a business-friendly agenda and strong economic growth. But fast-forward just a couple of months, and reality is starting to set in among investors that Trump’s policy proposals of universal tariffs, lower taxes, and mass deportations…
Two Sigma’s two billionaire founders are going to arbitration, but there’s already a clear winner: the firm’s investors.
Co-Founders David Siegel and John Overdeck. Two Sigma’s billionaire founders are not done fighting, but luckily for investors, they’re no longer at risk of being collateral damage. The cofounders, John Overdeck and David Siegel, are heading to arbitration over their long-standing feud about how to manage the $60 billion asset manager that they started in…
Man sues co-living company Common after being housed with an accused serial killer
Co-living company Common is accused of negligence in a new lawsuit. Common, once North America’s largest co-living operator, has been accused of housing a recent college grad with a “dangerous” roommate who was later charged in the serial killings of four people— and ignoring the grad’s repeated pleas for help as he feared for his…
Morgan Stanley promotes 173 employees to managing director, up 12% as dealmaking rebounds
Ted Pick Morgan Stanley promoted 173 people to the rank of managing director on Wednesday, a 12% jump from this time last year as demand for mergers and capital raising rebounds across Wall Street. The promotions come as Ted Pick finishes his first full year as CEO with 25% of last year’s global M&A business,…
