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US employers slowed down hiring in December, wrapping up the year with moderated yet healthy job growth. Economists expect this trend to carry on into 2025. The Federal Reserve may slow interest rate cuts as the economy remains durable. The unemployment rate is predicted to hold steady, with slight cooling in hourly earnings growth.
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The fate of TikTok will be decided by the Supreme Court, which will hear arguments on Jan. 10 over a law requiring TikTok to break ties with its Chinese-based parent company, ByteDance, or face a U.S. ban.
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News and Media
President Joe Biden on Sunday plans to sign into law a measure that boosts Social Security payments for current and former public employees, affecting nearly 3 million people who receive pensions from their time as teachers, firefighters, police officers and in other public service jobs.
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News and Media
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