Day: January 10, 2025

Macy’s is proceeding with dozens of planned store cuts across the United States, including in the New York City area, as its strategic focus zeroes in on sustainable, profitable growth. The following tri-state stores are among at least 66 “underproductive” locations expected to close in the first quarter of 2025. They initially were supposed to be shuttered in 2024: See…

By Jacob Gronholt-Pedersen and Stine Jacobsen COPENHAGEN (Reuters) – Denmark’s government has proposed purchasing two new Arctic inspection vessels and increasing dog sled patrols to boost its military presence in Greenland, as U.S. President-elect Donald Trump sets his sights on the island, local media reported. The government has also proposed upgrading the airport in Kangerlussuaq, a former

By Lucia Mutikani WASHINGTON (Reuters) -U.S. job growth unexpectedly accelerated in December while the unemployment rate fell to 4.1% as the labor market ended the year on a solid footing, reinforcing views that the Federal Reserve would keep interest rates unchanged this month. The Labor Department’s closely watched employment report on Friday also showed a decline last month in the number of

The Supreme Court hears TikTok’s case to toss out a ban just nine days before it will take effect. The Biden administration defends the measure on national security grounds.

Arguments are expected to start at 10am ET after app’s Chinese-based parent company ByteDance asked justices to review case

Disappointment with Joe Biden’s presidency is especially high among Black and Hispanic Americans, according to AP-NORC polling.