Month: January 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

The White House, now unconcerned about the effect on gas prices and inflation, blacklisted two of Russia’s biggest oil producers and nearly 200 tanker ships.

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

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

Get updates on the sentencing of President-elect Donald Trump in his criminal hush money case in New York.

At least 10 people are dead and many more injured as several fires broke out across Southern California amid historically dry and windy conditions.