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British billionaire cuts off funding to left-wing groups after watchdog exposes $553M operation

Business

British billionaire cuts off funding to left-wing groups after watchdog exposes $553M operation

Christopher Hohn, a British billionaire and hedge fund manager, is cutting off funding to left-wing groups and causes after a report by Americans for Public Trust (APT).APT said in its report that the groups that received funding from the Children's Investment Fund Foundation (CIFF), which lists Hohn as its founder and chair of board, "pushed for nothing less than the complete radicalization of the U.S. political landscape."CIFF, which has a […]

todayOctober 11, 2025 6

Las Vegas tourism drop leaves Nevada workers scrambling for shifts amid declining visitor volume

Business

Las Vegas tourism drop leaves Nevada workers scrambling for shifts amid declining visitor volume

The job market in Las Vegas, the economic engine of Nevada, has remained stagnant as tourism on the strip has dropped off. Nevada’s unemployment rate edged down slightly from 5.4% to 5.3%, but that dip reflects fewer people working or looking for work, according to the Nevada Department of Employment, Training and Rehabilitation’s (DETR) August 2025 economic report. The state’s labor force shrank by about 1,300 people in August, while total employment […]

todayOctober 11, 2025 9

The Weeknd drops $54.9M on waterfront mansion in exclusive Florida enclave, breaking local record

Business

The Weeknd drops $54.9M on waterfront mansion in exclusive Florida enclave, breaking local record

One headline-making real estate deal in the South Florida market is illustrating just how celebrity capital is reshaping the landscape.Pop music icon The Weeknd – whose real name is Abel Tesfaye – is under contract to purchase a $54.9 million waterfront property in the exclusive Coral Gables neighborhood."I think it brings an excitement to the community. It's like, okay, wow, we have somebody that brings us a buzz," Compass agent […]

todayOctober 11, 2025 13

Verizon blames ‘acts of vandalism’ for service disruptions across Greater Los Angeles

Business

Verizon blames ‘acts of vandalism’ for service disruptions across Greater Los Angeles

Verizon said "acts of vandalism" were responsible for widespread service disruptions that affected customers across the Greater Los Angeles area on Friday.Customers across the U.S., particularly along the West Coast, experienced service disruptions Friday morning, with many reporting problems with mobile phone service and 5G home internet, FOX 11 LA reported."Earlier this morning, multiple fiber cuts due to acts of vandalism caused service interruptions for some customers in Greater Los […]

todayOctober 10, 2025 33

Trump announces 100% additional tariff on China beginning in November

Business

Trump announces 100% additional tariff on China beginning in November

President Donald Trump took to Truth Social Friday to announce the U.S. will impose an additional 100% tariff on imports from China beginning in November.The announcement was made hours after a separate post from Trump, in which he warned of possible new tariffs and suggested canceling a meeting with Chinese President Xi Jinping, claiming Beijing was planning sweeping export controls on rare earth minerals."Starting November 1st, 2025 (or sooner, depending […]

todayOctober 10, 2025 12

Long John Silver’s ditches signature seafood logo in major brand redesign

Business

Long John Silver’s ditches signature seafood logo in major brand redesign

Fast-food chain Long John Silver's has unveiled a redesigned logo that replaces its signature fish design with a chicken as part of a larger effort to showcase its versatility and "spark conversation."The refreshed branding, introduced Oct. 3 across digital platforms, also features a new tagline of "CHICKEN + SEAFOOD," according to a news release from the company."Guests have been telling us for years that our chicken is a best-kept secret," […]

todayOctober 10, 2025 13

Over 20 state economies are in or near recession, Moody’s finds

Business

Over 20 state economies are in or near recession, Moody’s finds

The economies of more than 20 states are either in a recession or are on the brink of slipping into one, according to an analysis by Moody's Analytics Chief Economist Mark Zandi.Zandi's analysis found that, as of late August, 21 states and the District of Columbia were either in a recession or at high risk of entering a recession. It also found that 13 states were "treading water" while another 15 […]

todayOctober 10, 2025 9

Traders see a cloudy outlook as government shutdown expected to drag on for weeks

Business

Traders see a cloudy outlook as government shutdown expected to drag on for weeks

Traders on prediction markets are betting the federal government shutdown will stretch beyond three weeks, with lawmakers still deadlocked on a funding plan and the Senate not scheduled to vote again until next Tuesday.Traders on Kalshi give a 56% chance that the government shutdown will last just over 28 days. The trading volume, or the total dollar amount wagered on this market, sits just north of $5.5 million. About 71% of […]

todayOctober 10, 2025 5

Palisades Fire arrest: The financial cost of one of LA’s most devastating blazes

Business

Palisades Fire arrest: The financial cost of one of LA’s most devastating blazes

A man who fled California for Florida has been charged with maliciously starting what eventually became known as the Palisades Fire, one of the most destructive wildfires in Los Angeles history, according to the Department of Justice.Jonathan Rinderknecht, of Melbourne, Florida, was arrested Tuesday and charged with destruction of property by means of fire, according to the Department of Justice. Insured losses from the devastating Palisades Fire alone are projected to […]

todayOctober 10, 2025 27