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The storm follows significant staffing cuts at the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service, whose diminishing workforce experts warn could put lives at risk. Last week, 779 NOAA employees were laid off, leaving people worried about how the nation will respond to extreme weather events.

Academy of Motion Picture Arts and Sciences (AMPAS) enforces a rigid framework that determines which movies make the cut for the coveted nominations. As the 97th Academy Awards approach, the stringent guidelines continue to spark heated debates, especially with the rise of streaming platforms.

In India, the fastest-expanding major economy, economic growth quickened to close out 2024 on a pickup in government spending and strong rural-area consumption. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, markets and geopolitics:

Gold prices are popping. But investors should avoid the temptation to chase a shiny object, investment experts said.

The popular narrative among Federal Reserve policymakers these days is that policy is «well-positioned» to adjust to any upside or downside risks ahead. However, it might be more accurate to say that policy is stuck in position.

A judge has ruled that a Georgia railroad can buy land against the will of property owners to build a track

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With home prices high, American families are grappling with the prospect that homeownership might remain out of reach for them for a long time

Georgia Gov. Brian Kemp is planning to unveil proposals to put limits on lawsuits

Norfolk Southern's solid fourth quarter — combined with the optimism the railroad is hearing from their customers and support they’re getting from Washington D

President Donald Trump's second White House is looking a lot like the inside of Mar-a-Lago, with extremely wealthy Americans taking key roles in his Republican administration

Coke is adding a new flavor to its lineup

Check out what's clicking on FoxBusiness.com.

Mortgage rates have risen in recent months, even as the Federal Reserve has cut interest rates.

Bird flu has been detected in a Georgia commercial poultry flock for the first time since a countrywide outbreak in 2022

Dunkin' stores in Nebraska and New Mexico, and possibly other states, are finding no doughnuts. Stores have placed signs stating the unavailability of doughnuts. The issue has been attributed to a «manufacturing error,» as reported by Independent. Stores in Omaha, Lincoln, and Grand Island displayed signs informing customers of the situation, leaving many puzzled. A manager at an Omaha Dunkin' location confirmed the issue but couldn't elaborate beyond the official statement, citing company orders. She did indicate the problem is widespread. This is not the first time Dunkin' has experienced supply chain disruptions, with a similar doughnut shortage reported in 2021.

Joe Biden spoke on with relatives of three Americans the US government is looking to bring home from Afghanistan but no agreement has been reached on a deal to get them back, family members said. Biden's call with family members of Ryan Corbett, George Glezmann and Mahmood Habibi took place in the waning days of his administration as officials try to negotiate a deal that could bring them home in exchange for Muhammad Rahim, one of the remaining detainees at Guantanamo Bay. Corbett, who had lived in Afghanistan with his family at the time of the 2021 collapse of the US-backed government, was abducted by the Taliban in August 2022 while on a business trip and Glezmann, an airline mechanic from Atlanta, was taken by the Taliban's intelligence services in December 2022 while travelling through the country. Officials believe the Taliban is still holding both men as well as Habibi, an Afghan American businessman who worked as a contractor for a Kabul-based telecommunications company and also went missing in 2022. The FBI has said that Habibi and his driver were taken along with 29 other employees of the company but that all except for Habibi and another person have since been freed.

Arkansas and North Carolina mobilized their National Guards for tasks such as helping stranded motorists, as governors in multiple states declared states of emergency. School was canceled for millions of children from Texas to Georgia and as far east as South Carolina. The storm piled up more than a year's worth of snowfall on some Southern cities. As much as a foot (about 31 centimeters) fell in parts of Arkansas. There were reports of nearly 10 inches (about 25 centimeters) in Little Rock, a city that averages 3.8 inches (9.7 centimeters) a year.

Kamala Harris is competent to run for presidency again in four years, outgoing US President Joe Biden said Friday, noting that the decision on this would finally be on her. «I think that's a decision she might think she's competent to run again in four years. That'll be a decision for her to make,» Biden told reporters at a news conference here. Biden made history in 2020 by appointing Harris as the first ever Indian American, African American and woman as the Vice President of the country. In the summer of 2024, after a disastrous presidential debate with Donald Trump in Atlanta, Biden withdrew from the race and went ahead to endorse Harris for presidency. Harris soon became the Democratic Party's presidential nominee.

Hindalco Industries has raised $750 million (about Rs 6450 crore) by selling five-year bonds through a private placement outside of the US at 6.88%. Novelis intends to use the net proceeds from the offering to repay $738 million (about Rs 6346 crore) of outstanding borrowings under its revolving credit facility and to use any remaining net proceeds to fund cash on its balance sheet for general corporate purposes, the company said. The US headquartered aluminium maker expects to close the bond placement on January 13. The bonds will be guaranteed by Novelis and certain subsidiaries of the company, the Aditya Birla owned company said in a stock market notice.