Inflation continued to head in the wrong direction in December. Consumer prices rose 2.9% on the year, hotter than the 2.7% rise in November. On the month, prices rose 0.4%, the highest monthly rise since February. In November, prices rose 0.3%.  It’s the third month in a row the key inflation gauge rose. It’s now…

The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank misled customers about its high-interest savings accounts. The CFPB says Capital One allegedly cheated customers out of more than $2 billion in interest payments. The lawsuit claims Capital One froze the interest rate on its “360 Savings” accounts, even as rates rose nationally while…

The wildfire death toll is expected to rise as recovery efforts begin in some areas. The National Weather Service issued a warning that the Los Angeles, California, area is “not out of the woods yet,” even though winds were not as strong as expected on Tuesday, Jan. 14. Wind gusts are forecast to pick up Wednesday, with…

The death toll rises slightly as relentless Southern California wildfires continue to burn. And President-elect Donald Trump’s nominee for defense secretary wins over a key senator for his confirmation. These stories and more highlight your Unbiased Updates for Wednesday, Jan. 15, 2025. South Korean president arrested in massive police operation After weeks of avoiding arrest,…

Spend any time on social media and it’s easy to find examples of Ukrainian drones inflicting damage on Russian troops and equipment. Less visible, however, are examples of counter-drone efforts. That’s why Axon Vision and its UAV counter-AI is the weapon of the week. Axon Vision’s co-founder and CTO, Ido Rozenberg, sees the problem facing…

As the New Year begins, many people see it as a chance for a fresh start. However, the challenges that existed in 2024 are likely to persist in 2025, especially in the realm of national defense. Each branch of the U.S. Department of Defense is working to modernize its forces to address these ongoing issues.…

As we kick off the new year, the United States is confronted with a range of complex and serious threats from adversaries aiming to compromise U.S. security across multiple domains. To clarify the challenges ahead, host Ryan Robertson highlights key insights from a Mitchell Institute panel called “The Dangers We Face,” featuring four Air and…

A ceasefire could soon be on the horizon in Gaza. Two officials say Hamas has accepted a draft agreement that would halt its war with Israel. An Israeli official told the Associated Press that the two sides were still finalizing the details. However, the deal could wind down more than 15 months of fighting, which…

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against tech mogul Elon Musk, claiming that Musk failed to disclose his stake in social media giant Twitter in a timely manner in 2022. Musk, the CEO of Tesla and SpaceX, purchased Twitter in October 2022 and later rebranded the platform as X.…

South Korea’s anti-corruption agency says authorities arrested the country’s impeached president, Yoon Suk-Yeol. The arrest wraps up a weekslong showdown that saw the president holed up in his secured residence. The episode also follows a period of instability since Yoon briefly declared martial law in South Korea last month, prompting the country’s parliament to impeach…