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By FATIMA HUSSEIN, Associated PressWASHINGTON (AP) — President Joe Biden on Sunday signed 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.Advocates say the Social Security Fairness Act rights a decades-old disparity, though it will also put strain on Social Security Trust Funds, which face a looming insolvency crisis.The bill rescinds two provisions — the Windfall Elimination Provision and the Government Pension Offset — that limit Social Security benefits for recipients if…
By CHRIS MEGERIAN, Associated PressWASHINGTON (AP) — Vice President Kamala Harris on Monday is set to preside over the certification of her defeat to Donald Trump four years after he tried to stop the very process that will now return him to the White House.In a video message, Harris described her role as a “sacred obligation” to ensure the peaceful transfer of power.“As we have seen, our democracy can be fragile,” she said. “And it is up to each of us to stand up for our most cherished principles.”Harris will be joining a short list of other vice presidents to…
By Michelle F. Davis, Lucas Shaw and Christopher Palmeri | BloombergWalt Disney Co. and streaming provider FuboTV agreed to combine their online live TV businesses, creating the second-biggest digital pay-TV provider.As part of the transaction, Disney will fold its Hulu + Live TV business into Fubo, creating a new venture that will be 70% owned by Disney and the rest by Fubo, Disney said in a statement on Monday, confirming an earlier Bloomberg report. With a combined 6.2 million subscribers in North America, the new venture will trail only YouTube TV.The deal doesn’t include Hulu’s subscription video business, in which…
By WILL WEISSERTPresident Joe Biden is decrying what he calls an “unrelenting effort” to downplay a mob of Donald Trump supporters overrunning the U.S. Capitol in an attempt to block certification of the 2020 election — seeking to contrast that day’s chaos with what he promises will be an orderly transition returning Trump to power for a second term.In an opinion piece published Sunday in The Washington Post, Biden recalled Jan. 6, 2021, writing that “violent insurrectionists attacked the Capitol.”“We should be proud that our democracy withstood this assault,” Biden wrote. “And we should be glad we will not see…
Jalen Neal started his Galaxy journey in the Academy at the U-13 level, eventually climbing to the first team in 2023.Monday, Neal’s time with the club came to an end as the Galaxy traded the 21-year-old defender to CF Montreal for $650,000 in General Allocation Money and a 2025 international roster spot. The Galaxy will receive $450,000 in GAM for 2025 and $200,000 for 2026.The move should give the Galaxy some much-needed salary cap relief ahead of the 2025 season.Neal, a Lakewood native, made his professional debut with Galaxy II at 16 years old in the 2020 season. He signed…
By WYATTE GRANTHAM-PHILIPS, Associated Press Business WriterNEW YORK (AP) — CES, the annual trade show of all things tech, is upon us.The multi-day event, organized by the Consumer Technology Association, kicks off this week in Las Vegas — where swaths of the latest gadgets and advances across industries like personal tech, transportation, health care, sustainability and more are set to be on display. And, like last year, artificial intelligence is everywhere you look.CES 2024 saw more than 138,000 attendees, according to the CTA, and organizers expect to see at least that amount again for this year’s show. Over 4,500 exhibitors,…
By KEVIN FREKINGWASHINGTON (AP) — The fourth anniversary of the Jan. 6 attack on the Capitol has a new focus as lawmakers brace for the prospect that President-elect Donald Trump may soon pardon many of the more than 1,500 people charged with crimes for their actions related to the riot.Trump said he would issue pardons to rioters on “Day 1” of his presidency, which begins Jan. 20. “Most likely, I’ll do it very quickly,” he said recently on NBC’s “Meet the Press.” He added that “those people have suffered long and hard. And there may be some exceptions to it.…
The Romans set January as the first month of the year. Originally, March had been the start of the new year. But the early Roman kings, before the republic, moved it to coincide with Janus, a two-faced god who looked backward with an old face and forward with a young face. Julius Caesar realigned Roman governance around January being the start of a new year of governance. The reality, however, is it is arbitrary and we have all given great psychological importance to it. The pagans of Rome engaged in debauchery and resolutions for the new year — something modernity…
Arrive Temecula, an apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9.The 192-unit complex includes apartments and townhomes ranging in size from 730-1,355 square feet in one, two, and three-bedroom floor plans. The community also offers two-bedroom townhome units. Rent ranges from $2,375 for a one bedroom unit to $3,495 for three bedrooms, according to the property’s website .Arrive Temecula, a 192-unit apartment community managed by Red Tail Residential, is hosting its grand opening Jan. 9. Units offer stainless steel appliances, quartz countertops, central air, a full-size washer/dryer, patios or balconies and attached/detached garages. (Photo…
“Numerology” tries to find reality within various economic and real estate trends measurements.Buzz: Why do real estate people root for falling mortgage rates?Source: My trusty spreadsheet reviewed stats on home loans, home prices, jobs and inflation dating to 1976. By the way, that was the year Jimmy Carter, the former US president who died Dec. 29 at age 100, was elected to the White House.Fuzzy math: Cheaper mortgages may increase affordability but frequently occur when economic troubles are brewing.ToplineLet’s divide 49 years of data into two, using the 30-year fixed mortgage rate tracked by Freddie Mac.The benchmark rate fell in…