Global economy faces 'its biggest test' since WWII
CNN
The global economy is being brought to the edge of a precipice by crisis upon crisis.
As the first World Economic Forum to be held in person since 2020 opened in Davos, Switzerland on Monday, the International Monetary Fund said the economy faces "perhaps its biggest test since the Second World War."
"We face a potential confluence of calamities," IMF Managing Director Kristalina Georgieva said in a statement.
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to protect it with a garden hose — because their insurance company no longer would.
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
Cindy Kramer, 38, works well over 60 hours a week juggling four different jobs in Staten Island, New York, to support her child and make ends meet. Two of those jobs are bartending.
OpenAI co-founder Sam Altman denied allegations made by his sister in a lawsuit filed Monday, which claimed he sexually abused her for almost a decade.
The United States Maritime Alliance said on Wednesday it reached a tentative agreement on a new six-year master contract with the International Longshoremen’s Association.
Meta’s surprise decision to scrap its fact-checking partnerships – blindsiding journalists involved in the program and putting some out of work – is part of a much bigger shift in media and politics.
The former chief executive of MoviePass’ parent company has pleaded guilty to charges of security fraud and conspiracy and could face up to 25 years in prison.
The US will honor the late former President Jimmy Carter, who died at age 100 on December 29. President Joe Biden declared January 9 as a day of mourning in an executive order – the same day as his official state funeral at the Washington National Cathedral.
President-elect Donald Trump’s team was given the questions asked by Fox News anchors at an Iowa town hall last January in advance by someone inside the network, according to a forthcoming book, in what would be a serious breach of journalism ethics.
Four years ago, Meta CEO Mark Zuckerberg banned Donald Trump from Facebook and Instagram, saying the risks of allowing him on the platforms were “simply too great” after Trump repeatedly used the sites to broadcast election lies and cheer on the January 6 mob.
Just two days after Election Day, Maggie Mosher, a retired history teacher based in San Jose, California, began setting up raised beds to build a winter garden in her backyard. Never before had Mosher contemplated growing food in the winter as well as the peak growing months of the spring and summer.