🗞️ TikTok Ban, Trump Sentenced, And More Jobs

January 10th, 2025

Good Evening 🇺🇸,

What happened today,

  • The Supreme Court signaled it is likely to uphold the law that could ban TikTok with most of the justices appearing to take seriously the argument of the national security risk posed by the app whose parent company is based in China

  • Trump’s sentencing for his NY hush money case occurred today, the judge sentenced Trump to an unconditional discharge leaving him a convicted felon but declined to impose him with any jail time, fines, or probation

  • Mark Zuckerberg's Meta, is terminating its major DEI programs, including for hiring, training, and picking suppliers

  • 58% of Americans have their working years cut short and retire before they want to, whether due to personal health, employer discretion, or family-related reasons per Transamerica Center for Retirement Studies

  • Macy’s will be closing 66 more stores across more than 10 different states in 2025

  • Disney, Fox, and Warner Bros. Discovery have called off their plans to launch their sports streaming service Venu

  • The average American spent 2.5 months on their phone in 2024 per PCMag

  • The U.S. economy added 256k jobs in December above expectations of 164k, the unemployment rate had declined to 4.1% down from 4.2%

  • DOW down 1.63% / S&P down 1.54%

  • Venezuela’s Nicolas Maduro has been sworn in for a third presidential term despite more than five months of dispute over last summer’s election in which there is evidence that his opponent actually won

Plus: A look at the most visited Wikipedia articles of 2024

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Quote of the day: "Those who dare to fail miserably can achieve greatly." ― John F. Kennedy

Have a great weekend!

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