ibt-mailJan 9, 2025, 9:49 AM

Thousands Of LA Residents Evacuate From Raging Wildfires

Newsletter Jan 9, 2025 Quick Six Thousands of LA residents evacuate from raging wildfires Evacuated Los Angeles residents stared at the thick cloud of black smoke blotting out the sun, scarcely able to

Newsletter Jan 9, 2025

Quick Six

Thousands of LA residents evacuate from raging wildfires
Evacuated Los Angeles residents stared at the thick cloud of black smoke blotting out the sun, scarcely able to believe the scale of the wildfires, and fearing that their homes could be destroyed next. The residents gathered near the upscale Pacific Palisades where devastating flames first broke out among multi-million dollar mansions on Tuesday. Residents continue to evacuate from the upscale neighborhoods, or return briefly to collect their belongings. Wind gusts spread the flames as police with megaphones orders bystanders to "leave the area now."
GET THE LATEST UPDATES ON LOS ANGELES WILDFIRES

Federal Reserve governor calls for more interest rate cuts
An influential member of the Federal Reserve's board of governors says inflation remains headed in the right direction and interest rate cuts should continue in 2025. Christopher Waller made that point during a speech in France on Wednesday. He said that the US economy is "on a solid footing" with real gross domestic product (GDP) growth above 2% for eight of the last nine quarters. He says it is expected to show grow above 2% in the fourth quarter of 2024 when those figures are released.
WALLER CLAIMS US JOB MARKET HAS SOFTENED IN 2024

US economy added fewer jobs in December: ADP Report
The U.S. economy added fewer jobs in December. The ADP Report showed the economy added 122,000 jobs in December, a slowdown from the previous month. The numbers were lower than expected and showed signs of a slowing US economy. Hiring slowed in several industries, including manufacturing. The number of new jobs shrank for the third consecutive month.
GET THE LATEST DETAILS ON US EMPLOYMENT REPORT

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Markets

DJIA	42,635.20	0.25%
S&P 500	5,918.25	0.16%
Nasdaq Composite	19,478.88	-0.06%
Japan: Nikkei 225	39,799.57	-0.45%
UK: FTSE 100	8,251.03	0.07%
Crude Oil Futures	73.22	-0.14%
Gold Futures	2,677.70	0.20%
Yen	158.28	-0.05%
Euro	1.03	-0.06%
* As of market close

Carter lies in state before national funeral

The body of late US president Jimmy Carter was transferred Tuesday in a grand and solemn military ceremony to the US Capitol, where it will lie in state until a national funeral later this week. Carter, who died on Dec. 29 at the age of 100, served from 1977 to 1981 and was widely praised for his post-presidential humanitarian efforts, for which he was awarded the Nobel Peace Prize in 2002. His body arrived at the snow-covered US Capitol, where it will remain in the Rotunda until Thursday, after a full day of ceremonious travel that began in his native Georgia.

US STOCK MARKETS WILL CLOSE TODAY TO HONOR CARTER

Canada vow to fight US for independence

In light of remarks from President-elect Donald Trump focused on acquiring Canada, Canadians have expressed their willingness to stand up and fight against a US invasion. Trump's public prodding of Canada began in November with threats to implement a 25% tariff on all Canadian products sold in the US, followed by suggestions that Canada could become the 51st state. The idea, initially taken as a joke, has been repeatedly brought up by Trump, leading many to question how seriously to consider the threat to Canadian independence.

SAY HOW ONE CANADIAN OFFICIAL INVITED THE US TO CANADA

Girl Scouts nix two popular cookie brands

After years of delivering pure joy and offering a diverse range of mouthwatering flavors, two flavors of Girl Scout cookies are ready to bid us a tearful goodbye. Yep, it's time to bid adieu to those addictive "S'mores" and "Toast-Yay!" flavors. But don't get too upset just yet, the beloved Thin Mints, Samoas, and Tagalongs will continue to be sold, and we'll always have the memories of the phased-out ones.

FIND OUT WHY THE GIRL SCOUTS CHANGED THEIR FLAVORS

Extra point

What flavor was the first Girl Scout cookie? What year did it debut?

Wednesday's answer: Facebook is the largest social media platform in the world with over 3.049 billion monthly active users (MAUs) globally.

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