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New York City's congestion pricing will begin amid legal challenges

New York City's congestion pricing will begin amid legal challenges

Cars traveling through Manhattan will face new tolls starting just after midnight on January 5, 2025, as New York City implements the nation's first congestion pricing plan. However, the plan continues to face legal challenges, particularly from the state of New Jersey, which argues that the program could lead to environmental damage and economic consequences beyond the river. Key details on congestion pricing Under the congestion pricing system, drivers entering Manhattan below 60th Street will pay: Peak times (weekdays 5am-9pm, weekends 9am-9pm): $9 Off-peak hours: $2.25 (a 75% discount) The Metropolitan Transportation Authority (MTA) expects a 10% reduction in cars…
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John Thune prepares to lead Senate majority amid political challenges

John Thune prepares to lead Senate majority amid political challenges

John Thune's political career has been defined by resilience, strategic thinking, and the ability to tackle complex challenges. After ousting Sen. Tom Daschle, the influential Democratic majority leader, in 2004, Thune quickly faced one of his toughest battles: preventing the closure of Ellsworth Air Force Base, a key economic pillar in his home state of South Dakota . Successfully fending off that threat not only ensured his political future, but also taught him lessons that would shape his rise to the Senate. Now, as Thune takes over as Senate majority leader, he faces another formidable test. Leading a chamber of…
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America's oldest racetrack closes as horse racing sees a modern resurgence

America's oldest racetrack closes as horse racing sees a modern resurgence

After more than 170 years of operation, Freehold Raceway, America's oldest racetrack, has held its last race. The New Jersey track, owned by Penn Entertainment, officially closed its doors on the last weekend of 2024, ending an era marked by declining attendance, shrinking revenues and failed attempts to obtain a license to the casino. “Unfortunately, track operations cannot continue under current conditions, and we see no plausible way forward,” Howard Bruno, the track's general manager, said in a statement announcing the closure. While Freehold's closure reflects the challenges facing horse racing in the United States, industry insiders remain optimistic about…
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Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

President-elect Donald Trump ramped up his rhetoric on trade on Friday, warning the European Union that it must significantly reduce its trade deficit with the United States by buying more American oil and gas or face tariffs. “I told the European Union that it must make up for its huge deficit with the United States by buying our oil and gas on a large scale. Otherwise, it will just be tariffs,” Trump posted on his Truth Social platform shortly after 1 pm ET. The trade deficit between the United States and the EU in goods and services amounted to 131.3…
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Biden will visit the Vatican and Italy on his final international trip as president

Biden will visit the Vatican and Italy on his final international trip as president

US President Joe Biden will visit the Vatican next month, marking what is likely to be his last international trip as president before his term ends. The White House announced that Biden will travel to Rome from January 9 to 12, where he will meet with Pope Francis, Italian President Sergio Mattarella and Italian Prime Minister Giorgia Meloni. “President Biden will have an audience with the Pope on January 10 to discuss global efforts to promote peace,” the White House said in a statement. Biden will also meet with Italian leaders to highlight the strong relationship between the United States…
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Biden sets ambitious emissions reduction target while Trump promises to reverse climate progress

Biden sets ambitious emissions reduction target while Trump promises to reverse climate progress

President Joe Biden announced a bold plan to reduce U.S. greenhouse gas emissions by more than 60% by 2035, reaffirming his administration's commitment to fighting global warming. This move comes as President-elect Donald Trump prepares to take office next month, vowing to dismantle much of Biden's climate agenda in favor of policies that promote fossil fuel production. Biden's updated goal, which exceeds his previous commitments, aims to keep the United States on track to achieve net-zero carbon emissions in all sectors of the economy by 2050. The formal commitment, known as a Nationally Determined Contribution (NDC), it will be submitted…
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Human rights defenders honored for decades of advocacy in Bolivia and Colombia

Human rights defenders honored for decades of advocacy in Bolivia and Colombia

For decades, María Amparo Carvajal in Bolivia and Juana Ruiz in Colombia have dedicated their lives to defending human rights and supporting survivors of violence and oppression. Their tireless efforts were recognized this week when the US State Department awarded them the prestigious Human Rights Defender Award. Carvajal, originally from Spain, has been a central figure in Bolivia's human rights movement since 1971, the year Hugo Banzer took power in a coup. Banzer's regime, which lasted until 1978, was characterized by widespread human rights violations, motivating Carvajal to take action. In 1976 he founded the Permanent Assembly for Human Rights…
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Trump plans to ring the opening bell on the NYSE as markets react to his election victory

Trump plans to ring the opening bell on the NYSE as markets react to his election victory

President-elect Donald Trump prepares to ring the opening bell of the New York Stock Exchange (NYSE), marking the ceremonial start of the trading day. This symbolic event comes at a crucial time as markets weigh the implications of his 2024 election victory, according to people familiar with the matter. The event is expected to be a significant moment for Trump, a native New Yorker who spent much of his life in Manhattan before moving to Florida. His return to the city for this occasion underlines his connection to the financial world and his enduring association with Wall Street. Historically, the…
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Elon Musk's growing influence in Trump's political orbit sparks debate over GOP strategy

Elon Musk's growing influence in Trump's political orbit sparks debate over GOP strategy

Just a week after Donald Trump secured victory in the US presidential election, Elon Musk hinted at his increasingly important role in shaping the political landscape. The billionaire businessman made headlines by suggesting that his political involvement would serve as “a significant obstacle in the primaries,” signaling his willingness to challenge Republican lawmakers who deviate from Trump's agenda. Musk's intentions became clearer shortly thereafter, when he took to X (formerly known as Twitter), the social media platform he owns, to respond to a suggestion that he might financially support challengers to Republican members of the Congress who opposed Trump's policies.…
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TikTok pushes Supreme Court to review potential US ban on national security grounds

TikTok pushes Supreme Court to review potential US ban on national security grounds

TikTok has formally asked the US Supreme Court to review a federal appeals court decision that upheld legislation potentially banning the app in the US. The controversial law, backed by President Joe Biden's administration, requires the popular social media platform to sever ties with its China-based parent company, ByteDance, or face a nationwide ban. The legal documents, filed Monday, come on the heels of a ruling by a three-judge panel of the same appeals court. Last week the committee sided with the government, saying the law requiring TikTok to divest from ByteDance is constitutional. According to the document, if the…
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