SAN DIEGO (AP) — The Trump administration has sued California for providing in-state college tuition, scholarships, and subsidized loans to students who aren’t legally in the United States. The lawsuit was filed Thursday in the U.S. District Court for the Eastern District of California. It alleges the practice harms U.S. citizens and encourages illegal immigration.…… MORE
Torrential Rains Return to Southern California, Prompting Flash Flood Warnings Before Moving East
LOS ANGELES (AP) — The third storm in just over a week drenched Southern California and prompted some local flooding but caused no major widespread damage before heading east over the mountains and south toward Mexico’s Baja California Peninsula. Residents on Friday morning were warned of flash flooding and possible mudslides in several parts of…… MORE
FAA Gives $10k Bonuses Only to Controllers and Technicians With Perfect Attendance During Shutdown
The Federal Aviation Administration says only 776 of the nearly 20,000 air traffic controllers and technicians who had to work without pay during the shutdown will receive bonuses. The announcement Thursday means thousands without perfect attendance during the shutdown won’t receive the $10,000 bonuses that President Donald Trump suggested. Many controllers called out of work…… MORE
Bubble Fears Ease but Investors Still Waiting for AI to Live Up to Its Promise
Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia. But that doesn’t mean the specter of an AI bubble won’t return in the months and years ahead as Big Tech gears up to spend trillions of dollars more on a technology…… MORE
More Swings Hit Wall Street, but This Time Stocks Finish Higher
NEW YORK (AP) — More swings hit Wall Street, except it finished higher this time. After bobbing up and down Friday morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite rose 0.9%. It’s a fitting finish…… MORE