Donald Trump was sworn in as the 47th president of the...
Donald Trump was sworn in as the 47th president of the US yesterday, and he didn’t take long after removing the “-elect” from his title to unleash a number of actions intended to reshape the country’s economy while under his watch. President Trump on Monday pardoned members of the mob that attacked the Capitol on Jan. 6, 2021, and signed dozens of executive orders addressing the first priorities of his administration.
Energy/climate: Trump will once again remove the US from the Paris climate agreement as part of a series of actions promoting fossil fuel use and reducing government support of renewable energy. In his first term, Trump withdrew the US from the agreement, which was signed by nearly 200 countries in 2015 to keep warming of the planet under control, before former President Biden reinstated it in 2021. The United States is the only country to have removed itself from the Paris accords.
In Southern California, where progress had been made corralling the devastating...
In Southern California, where progress had been made corralling the devastating wildfires, the National Weather Service warned of dangerous fire conditions through this morning due to a renewed gust of Santa Ana winds and low humidity. Other parts of the country have the opposite problem: An arctic blast is freezing the Central and Eastern US with temperatures in the teens and below, while lake effect snow could dump 1 to 2 feet on parts of western New York state.
Houston, the city that experiences snowfall about once every four years and last saw it in 2021—an inch, to be exact—is expecting as much as six inches today, which would be the most in the area in 65 years.
Houston isn’t the only city bracing for a rare heavy snowfall, because a winter storm is forecast to hit eight states in the South between yesterday and tomorrow. It could be historic: New Orleans, a city that hasn’t had measurable snowfall since 2009, and has never had more than 2.7 inches, is expecting 3–6 inches today. Florida issued its first winter storm watch in 11 years with record snowfall predicted in the state’s panhandle
The Buckeyes held off Notre Dame 34–23 for their seventh college football...
The Buckeyes held off Notre Dame 34–23 for their seventh college football title and their first in 10 years. Come next season, the sport will embark on a new era. The Wild West NIL period of deep-pocketed donors paying players at blue blood programs will be replaced by a more-regulated system. As part of an antitrust lawsuit settlement, schools can share at least $20.5 million with athletes under a pseudo-salary cap—athletes would still be able to land endorsement deals with third parties that would not count against this cap, but the new system could result in lost spots for walk-ons and players on partial scholarships.
Biden preemptively pardons family members, Fauci, and other public...
Biden preemptively pardons family members, Fauci, and other public officials. Hours before leaving the White House, former President Biden issued preemptive pardons for five family members and public servants President Trump has threatened with prosecution, including Dr. Anthony Fauci, retired Gen. Mark Milley, and personnel who worked on the House Jan. 6 Committee. Biden said the actions “should not be mistaken as an acknowledgment that any individual engaged in any wrongdoing.” One of those pardoned, Rep. Bennie G. Thompson (D–MS) said, “We have been pardoned today not for breaking the law but for upholding it.
At 2,900 words, Donald Trump’s inauguration speech yesterday was the longest in modern history.
Over 18,000 Costco employees who are members of the Teamsters union could strike against the retailer if a contract agreement is not inked before the end of the month.
Bitcoin jumped to a new record of $109,350.72—before falling—after Donald and Melania Trump released meme coins.
Good morning. For just the second time since it became...
Good morning. For just the second time since it became a federal holiday in 1983, Martin Luther King Jr. Day coincides with Inauguration Day today. The last time it happened was when Bill Clinton took office in 1997. The next time MLK Day and Inauguration Day are scheduled to fall on the same day will be in 2053.
Markets: That’s a wrap on the stock market under outgoing President Biden. Share prices went up and to the right during his tenure. Since Biden took office four years ago, the S&P 500 climbed more than 55%, the Dow over 39%, and the Nasdaq almost 46%, per Dow Jones Market Data. We won’t see any market reaction to Trump’s inaugural address or first-day actions until tomorrow, because trading is shut down for MLK Day.
