Heritage economist EJ Antoni analyzes the December jobs report on ‘Making Cash.’
Shares tumbled after a stronger-than-expected jobs report, elevating new headwinds for the Federal Reserve
-President-elect Trump lashed out at President Biden after an aggressive transfer on power drilling
-Extra Fortune 500 corporations are ditching DEI insurance policies
-California wildfires uncovered large lapses in insurance coverage and preparedness for nationwide disasters
-Inside California’s damaged insurance coverage regulation
-The IRS outlines key dates for the 2025 tax season
STOCKS SINK: U.S. shares ended sharply decrease Friday with the Dow Jones Industrial Common falling near 700 factors…extra on the markets right here. Bitcoin additionally trended sharply decrease…LIVE cryptocurrency costs right here.
Ticker Safety Final Change Change % I:DJI DOW JONES AVERAGES 41938.45 -696.75
-1.63%
SP500 S&P 500 5827.04 -91.21
-1.54%
I:COMP NASDAQ COMPOSITE INDEX 19161.627517 -317.25
-1.63%
Buyers did not just like the stronger-than-expected December jobs report. This is why…proceed studying right here.
VIDEO: Why the roles report is problematic for the Fed.
NOT SO FAST: President-elect Trump is promising to cancel President Biden’s contemporary ban on drilling…proceed studying right here.
VIDEO: Trump talks about American power independence.
DITCHING DEI: Fb guardian Meta is dialing again company insurance policies selling DEI, or variety, equality and inclusion …proceed studying right here. Shortly thereafter, Amazon did one thing related…proceed studying right here.
VIDEO: Huge U.S. corporations are quickly reversing DEI.
CALIFORNIA WILDFIRE CRISIS
CALIFORNIA CRISIS: Hundreds of residents misplaced every part on this week’s wildfires in and across the Palisades, and plenty of are usually not insured. Because it seems, the state could also be guilty for insurers dropping protection…proceed studying right here.
DITCHING CALI: These insurers kissed California goodbye…proceed studying right here.
COSTLIEST CALI FIRE EVER: The California wildfires in January 2025 might go down as the costliest in historical past…proceed studying right here.
INSURANCE STOCKS SINKTicker Safety Final Change Change % ALL THE ALLSTATE CORP. 181.02 -10.79
-5.63%
CB CHUBB LTD. 257.70 -8.95
-3.36%
TRV THE TRAVELERS COS. INC. 232.43 -10.34
-4.26%
AIG AMERICAN INTERNATIONAL GROUP INC. 70.50 -0.92
-1.29%
MCY MERCURY GENERAL CORP. 48.63 -12.07
-19.88%
TAX TIPS: WHAT TO KNOW
TAX SEASON 2025: The IRS introduced key dates for the upcoming tax season…proceed studying right here.
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