News

According to police, 46 minutes after the horrifying act, the suspect in the murder of UnitedHealthcare CEO Brian Thompson on a Manhattan street was spotted close to a bus terminal. According to officials, Thompson was shot from behind outside the Hilton Midtown hotel in New York on Wednesday morning while he was traveling to the investor meeting for UnitedHealth Group. There have been no arrests. The individual of interest may have fled the city, according to the police. Joseph Kenny, the chief of detectives for the New York Police Department, stated on Friday that he believes he acted alone at this stage. According to his roommates, the man who arrived by bus and slept at a hostel wore his mask the entire time, even when eating, just lowering it to bite into his food. This is a timeline ...

Washington According to information obtained exclusively by CNBC, tens of thousands of affluent Americans are not filing their taxes in spite of the Internal Revenue Service's recently redesigned efforts to do so. It's possible that a peculiarity in federal tax law encourages affluent individuals who wish to evade paying taxes to just refrain from filing their forms. The reason for this is because filing false tax returns is a crime, but failing to file a return at all is simply a misdemeanor. Additionally, a person who does not file a return is unlikely to be prosecuted because the IRS and Department of Justice have limited resources to pursue misdemeanor offenses. much billionaires may thus be taking a chance and hoping that there won't be much repercussions for failing to file their t...

For Black women, the jobless rate increased significantly in November. The U.S. Bureau of Labor Statistics said on Friday that the national unemployment rate marginally increased last month, rising from 4.1% in October to 4.2%. However, compared to other groups, some had more notable increases in unemployment. The largest increase was seen by Black women, whose unemployment rate rose from 4.9% to 6%. White women's unemployment rate, on the other hand, increased marginally to 3.4% from 3.3% in October. According to Kevin Rinz, senior scholar and research advisor at the Washington Center for Equitable Growth, the gain for Black women has been more noticeable than for white women. The unemployment rate for Black workers as a group was the highest last month, rising from 5.7% to 6.4%. White me...

The November jobs data was marginally better than anticipated, but not enough to prevent the Federal Reserve from lowering interest rates later this month. As a result, the S&P 500 and Nasdaq Composite climbed to new highs on Friday. At 6,090.27, the broad market S&P 500 increased by 0.25%. The tech-heavy Nasdaq saw increases in Tesla, Meta Platforms, and Amazon, which helped it rise 0.81% to 19,859.77. During the day, both indexes reached fresh all-time highs and ended the session at record highs. The Dow Jones Industrial Average closed at 44,642.52, down 123.19 points, or 0.28%. Additionally, the S&P 500 and Nasdaq had gains of 0.96% and 3.34%, respectively, for their third consecutive week of gains. Over that time, the Dow fell 0.6%. Nonfarm payrolls rose by 227,000 last mon...

According to a police officer on Friday, authorities suspect that the person of interest in the shooting death of UnitedHealthcare CEO Brian Thompson outside a hotel in midtown Manhattan may have fled New York City via a crowded bus terminal. After riding a bike through Central Park, the individual was spotted taking a taxi to 178th Street and Broadway, where he entered the Port Authority Bus Terminal, according to a video canvas, New York Police Department Chief of Detectives Joseph Kenny told CNN. According to Kenny, investigators have not discovered any footage of the man leaving the terminal, and it is still unknown which bus, if any, he may have boarded. "It's a very busy bus terminal," Kenney informed the broadcaster. "We're still working through it, but we want to make sure we have ...

One thing Noah Jackson was certain he wanted in his future workplace was office culture when he started looking for a new software engineering position at the beginning of 2024. Jackson, 27, has worked remotely for nearly all of his professional life since the COVID-19 pandemic. Some tech businesses terminated their leases entirely, but many subsequently welcomed their staff back on a hybrid basis. With the exception of the first nine months of his first full-time job, Jackson worked from home in San Francisco or from his company's office, which was mostly empty. Jackson, a former employee of an enterprise software company, said, "I didn't realize how much work is a part of your life and not just a box to check off" after graduating from school. Completely working remotely makes it seem l...

Washington The public conversation surrounding the Jan. 6 attack on the U.S. Capitol and the cases against Donald Trump supporters who were prosecuted for crimes they committed in support of the former and future president has been skewed, according to a federal judge appointed to the bench by former President Ronald Reagan on Friday. Although the events of January 6 may be a "distant, hazy memory" for many Americans, U.S. District Court Royce Lamberth stated on Friday that many of the victims of the attack will never forget it and that justice, truth, and law and order are fundamental tenets of the legal system. The judges who decided the cases, Lamberth added, "know how perilously close we came to letting the peaceful transfer of power, that great cornerstone of the American republican...

South Korea's SEOUL Although he faces an impeachment vote for bringing the important U.S. ally into chaos with his brief martial law declaration, South Korean President Yoon Suk Yeolap apologized on Saturday but did not announce his resignation. In a nationally televised speech, Yoon claimed that although his actions were motivated by the urgency he felt as president, they nevertheless led the public to feel anxious and inconvenienced. He remarked, "I sincerely apologize to the citizens who were alarmed and I deeply regret this." After speaking for a little more than two minutes, Yoon bowed his head deeply in front of the cameras and said, "I will not avoid the legal and political responsibility regarding this declaration of martial law." In response to certain opposition parliamentarian...

South Korea's SEOUL Although he faces an impeachment vote for bringing the important U.S. ally into chaos with his brief martial law declaration, South Korean President Yoon Suk Yeolap apologized on Saturday for the decision but stated he would not step down. In a nationally televised speech, Yoon claimed that although his actions were motivated by the urgency he felt as president, they nevertheless led the public to feel anxious and inconvenienced. He remarked, "I sincerely apologize to the citizens who were alarmed and I deeply regret this." After speaking for a little more than two minutes, Yoon bowed his head deeply in front of the cameras and said, "I will not avoid the legal and political responsibility regarding this declaration of martial law." In response to certain opposition p...