>>Ahead Of The Bell
(New York, NY) -- The opening bell rings this morning after stocks closed lower on Thursday. At the closing bell, the Dow Jones Industrial Average fell by 248 points to 44-765. The S&P 500 dropped by 11 points to 60-75. The Nasdaq fell by 34 points to 19-700.
>>Monthly Jobs Report Due
(Undated) -- The always-anticipated monthly jobs report is due out this morning. It could give insight into what the Federal Reserve will do at its next policy meeting next month. Government numbers are expected to show around 214-thousand new jobs created in November. Most analysts see the unemployment rate ticking up just slightly from four-point-one percent to four-point-two. Today's report comes out at 8:30 am Eastern time.
>>Trump Chooses Venture Capitalist David Sacks To Be "A.I. & Crypto Czar"
(Palm Beach, FL) -- President-elect Donald Trump is choosing venture capitalist David Sacks to be the White House "A.I. and Crypto Czar." Trump made the announcement yesterday on Truth Social, writing that Sacks "will focus on making America the clear global leader in both areas." He also wrote that Sacks will "safeguard free speech online, and steer us away from Big Tech bias and censorship." Sacks was highly critical of Trump after the 2021 Capitol riot which he said disqualified him from being a candidate. Earlier this year, Sacks became a Trump supporter, and held a fundraiser for the GOP candidate.
>>Boeing's Plea Deal For Max Jet Crashes Rejected By Judge
(Undated) -- A federal judge has rejected a plea agreement between Boeing and the U.S. government concerning the fatal crashes of two 737 Max jets in 2018 and 2019. The crashes, which occurred in Indonesia and Ethiopia, resulted in the deaths of 346 people. The plea deal, which involved Boeing pleading guilty to conspiracy to defraud the United States, was criticized for its leniency by the victims' families.
>>San Francisco Hotel Workers Strike Affecting Conferences
(San Francisco, CA) -- The ongoing hotel workers strike in San Francisco is starting to impact upcoming conferences. The Association of American Law Schools had planned to hold its conference at the Hilton and Parc 55 in early January, but AALS officials now say they have moved their event. Workers at a half-dozen San Francisco hotels are coming up on three months of walking the picket line. The workers are demanding higher wages, better healthcare and improved staffing at the hotels.
