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TikTok thanks Trump after it begins restoring service to US users

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TikTok said Sunday it's "restoring service" after a ban in the United States initially began to take effect earlier in the day."In agreement with our service providers, TikTok is in the process of restoring service. We thank President Trump for providing the necessary clarity...

Inflation report shows upsurge days before Trump takes office

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(WASHINGTON) -- Consumer prices rose 2.9% in December compared to a year ago, ticking up from the previous month and extending a resurgent bout of inflation just days before President-elect Donald Trump takes office. The reading matched economists' expectations.The fresh data arrives after a...
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New federal rule will remove medical debt from credit reports

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(WASHINGTON) -- In a major change that could affect millions of Americans' credit scores, the Consumer Financial Protection Bureau on Tuesday finalized a rule to remove medical debt from consumer credit reports.The rule would erase an estimated $49 billion in unpaid medical bills from...
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Biden blocks US Steel takeover by Japan-based Nippon

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(WASHINGTON) -- President Joe Biden on Friday announced a decision to block the $14 billion acquisition of U.S. Steel by Japan-based Nippon Steel, saying domestically produced steel is essential to U.S. national security."Without domestic steel production and domestic steel workers, our...

Will 2025 be a better year to buy a house?

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(NEW YORK) -- Homebuyers eager to forget this year's housing market may ring in 2025 with an extra dash of zeal.A rapid rise in home prices has coincided with stubbornly high mortgage rates, shutting out potential buyers with daunting costs.A burst of supply could...
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Bernie Madoffs victims to receive final payout totaling $131 million

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(NEW YORK) -- The fund disbursing money to the victims of Bernie Madoff’s legendary Ponzi scheme began its 10th and final distribution on Monday, putting another $131 million in the pockets of swindled investors.Twenty-three thousand victims worldwide are receiving payments, bringing their...
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