Firefighters Race To Contain Los Angeles Wildfires With Menacing Winds Forecast To Return

LOS ANGELES (AP) — Firefighters are preparing for a return of dangerous winds that could again stoke the wildfires that have destroyed thousands of homes and killed at least 24 people in the Los Angeles area. Crews made some progress battling the flames this weekend. The relative calm Sunday allowed some people to return to…MORE

Surging Job Market Could Prove Costly For Households, Businesses As Odds Of Quick Rate Cuts Fade

WASHINGTON (AP) — U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates. The Labor Department reported Friday that job growth was up last month from 212,000 in November. The unemployment rate dropped to 4.1% from 4.2% in November. (Copyright…MORE

Walgreens Tops Wall Street’s Expectations As Drugstore Chain Continues Turnaround Plan

Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain’s plan to revive its struggling business. Company shares soared Friday after leaders told analysts they have made progress improving one of the biggest concerns facing the industry, shrinking prescription reimbursement, and said their U.S. store-closing plan was…MORE