Author: Team_NationalNewsBrief

For a long time, Curtis Yarvin, a 51-year-old computer engineer, has written online about political theory in relative obscurity. His ideas were pretty extreme: that institutions at the heart of American intellectual life, like the mainstream media and academia, have been overrun by progressive groupthink and need to be dissolved. He believes that government bureaucracy should be radically gutted, and perhaps most provocative, he argues that American democracy should be replaced by what he calls a “monarchy” run by what he has called a “C.E.O.” — basically his friendlier term for a dictator. To support his arguments, Yarvin relies on…

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Stay informed with free updatesSimply sign up to the US economy myFT Digest — delivered directly to your inbox.US consumers continued to open their wallets at the start of 2025 after a $1tn spending spree during the holiday season, overcoming pressures from higher borrowing costs and years of elevated inflation. Retailers rang up $994bn during the 2024 holiday season, with sales rising 4 per cent year on year, the National Retail Federation said. The rate of increase surpassed the trade group’s forecast and accelerated from 2023. Also this week, the nation’s largest banks reported higher earnings in the fourth quarter,…

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Jim Acosta / CNN CNN host Jim Acosta may soon be getting a downgrade. Acosta, formerly CNN’s White House Correspondent and a prominent anti-Trump activist, currently hosts CNN Newsroom with Jim Acosta on weekdays at 10 am. Yet according to ex-CNN reporter Oliver Darcy, who now runs a media focused newsletter called Status News, CNN chief Mark Thompson wants to move Acosta’s show to midnight, when most Americans have already gone to bed. His report states: Early Wednesday evening, shortly before I published news of CNN’s looming lineup changes, Jim Acosta received a peculiar telephone call from CNN chief Mark Thompson.…

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Singer Kesha is saying goodbye to the social media platform TikTok by reminding fans of the greatness of her hit song, “TiK ToK.”Kesha’s post comes amid news that the Supreme Court has upheld TikTok’s ban in the United States of America.Several app users have reacted to the news of the app’s ban by saying their goodbyes.Article continues below advertisementKesha Says Goodbye To TikTokOn Thursday, Kesha reacted to the news of the ban of TikTok in America by reminding her fans of one of her famous songs that will live forever.Kesha released the song “TiK ToK” in August 2009, while the…

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“For these TikTok refugees, they want to find an alternative platform that is owned by a Chinese company, (that) is more Chinese than TikTok,” said Meng Ziying, a PhD researcher from Australia’s University of Melbourne. For overseas users, Xiaohongshu is also more accessible, compared to others like Douyin, the Chinese version of TikTok, which requires a Chinese mobile number to register for an account.  Like TikTok, part of Xiaohongshu’s appeal is in its algorithm’s ability to push traffic to a creator’s content regardless of the number of followers.  “The platform is supporting ordinary users to grow their account,” said Meng.…

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Female doctor’s bloodied body was found in a classroom at a state-run college and hospital in Kolkata last August.A police volunteer has been convicted of the rape and murder of a trainee doctor at a hospital in India that led to nationwide protests last year. The Civil and Criminal Court in Sealdah found 33-year-old Sanjay Roy guilty of the rape and murder of the female trainee, whose bloodied body was found in a classroom at the state-run R G Kar Medical College and Hospital in Kolkata last August, with the case exposing the country’s struggle with sexual violence against women.…

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The Dallas Cowboys are searching for a new head coach, and apparently that is something they did not expect to have to do this offseason.Mike McCarthy and the Cowboys parted ways last week after the two sides could not agree on a contract extension. Team owner Jerry Jones said in a statement that his discussions with McCarthy never reached the point of actual contract negotiations.According to Dianna Russini of The Athletic,” that surprised Jones. On the latest episode of her “Scoop City” podcast, which was released on Friday, Russini said Jones fully intended to bring McCarthy back in 2025. “There’s…

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On Sunday evening, the night before Donald Trump’s second inauguration, scores of “luminaries from across the New Right” are expected to gather for a dinner and gala called the Coronation Ball at the Watergate Hotel. The event is being hosted by the young right-wing publishing house Passage Press, known for publishing the “neo-reactionary” writer Curtis Yarvin — one of the earliest of those luminaries, most famous for advocating a monarchy “run like a startup.”Today, this upstart coalition of thinkers may be best described simply as the intellectual wing of Trumpism. “Celebrate the inauguration of Donald J. Trump,” the publishing house…

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Citigroup is cutting certain roles as part of a broader corporate restructuring to eliminate tens of thousands of jobs by 2026.According to a new report from Bloomberg, Citigroup laid off several managing directors in its Wealth at Work unit this week, which offers services to clients at professional services firms.The bank also let go of a team that focuses on obtaining data and analyses for its clients.Related: Citigroup Slashes 20,000 Jobs: Restructuring or Retreat?Citigroup’s layoffs arrive as the bank tries to reduce expenses. Citigroup’s CEO Jane Fraser stated in January 2024 that the bank plans to eliminate 20,000 jobs by…

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A protester holds a pro-TikTok sign in front of the US Supreme Court on 10 January 2025Allison Robbert/The Washington Post/Getty Images The US Supreme Court has upheld a ban on the popular video streaming app TikTok, which is set to take effect on 19 January. The ban will require US firms to block users from accessing or updating TikTok through app stores or internet browsers – unless ByteDance, the app’s Chinese parent company, sells it to a US company by the 19 January deadline. TikTok’s challenge to the law, which the Supreme Court began hearing on 10 January, argued that…

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