BUCHAREST, Romania (AP) — A court in Romania has sentenced American rapper Wiz Khalifa to nine months in jail on drug possession charges. The ruling on Thursday came more than a year after he took part in a music festival in the Eastern European country. Khalifa was stopped by Romanian police in July 2024 after…… MORE
US Says Price Increases Eased Last Month but Data May Be Distorted and Americans Aren’t Feeling It
WASHINGTON (AP) — U.S. inflation slowed unexpectedly last month according to data that was delayed and likely distorted by the government shutdown. The Labor Department reported Thursday that its consumer price index rose 2.7% in November from a year earlier. Yet, year-over-year inflation remains well above the Federal Reserve’s 2% target, and Americans are complaining…… MORE
Trump Signs Executive Order That Could Reclassify Marijuana as a Less Dangerous Drug
WASHINGTON (AP) — President Donald Trump has signed an executive order that could reclassify marijuana as a less dangerous drug. This move could ease regulations and expand medical research by shifting marijuana from a Schedule I drug, like heroin, to a Schedule III substance, similar to ketamine. This change won’t legalize recreational use nationwide but…… MORE
TikTok Signs Deal to Sell US Unit to American Investors, Including Oracle, Silver Lake
SAN FRANCISCO (AP) — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in the United States. The deal is expected to close on Jan. 22, according to an internal memo seen by The…… MORE
Wall Street Rises After an Encouraging Inflation Update, as Micron Helps AI Stocks Stop Their Slide
NEW YORK (AP) — U.S. stocks rose following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron Technology also helped AI stocks halt their sharp slides on Thursday, at least for now. The S&P 500 gained 0.8% to break a four-day…… MORE