Forbes Daily

TikTok's Uncertain Future in the U.S.

TikTok's fate in the U.S. hangs in the balance, with the Supreme Court considering a law that could ban the app unless it divests from its Chinese parent company. The court's early signals suggest the law might be upheld, casting a shadow over the app's popular platform.

Los Angeles Battles Wildfires

Multiple wildfires rage on in Los Angeles, causing devastation and claiming lives. High winds pose additional challenges, while political officials maneuver amidst the crisis, with President-elect Trump's potential visit raising debate.

Strong Job Growth in December

U.S. employment soared by an estimated 256,000 in December, far exceeding expectations. This strong labor market report presents opportunities and challenges for policymakers as the country navigates economic growth and prepares for the transition of power.

Billionaires Bunker on Indian Creek Island

Miami-Dade County's Indian Creek Island has become a "billionaire bunker," attracting incredibly wealthy residents with its privacy and security. In December, an empty lot on the island was listed for $200 million, highlighting the island's exclusive and high-priced real estate market.

Tech Trends

Hacker Exposes Location Data

A hacker claims to have stolen sensitive location data from Gravy Analytics, a prominent data broker, raising concerns about privacy violations, particularly for members of the LGBTQ community.

AI Fire Detection Limitations

California's artificial intelligence system for detecting wildfires has proven helpful, but experts acknowledge that it may not be sufficient alone to combat rapidly spreading fires, such as the recent one in Los Angeles.

Big Money Lawsuits

New York and other states are considering sizeable fines against Big Oil companies for environmental remediation, but the industry giants are gearing up for a legal battle to resist these measures.

Trump's Felony Conviction

In an unprecedented twist, President-elect Trump became the first former or sitting president to receive a felony conviction in a hush money case. However, he was spared any penalties through an "unconditional discharge."

Travel and Lifestyle

Marathons Around the World

If running marathons sparks your passion, Forbes Travel Guide invites you to explore breathtaking runs worldwide, offering stunning views and luxurious accommodations for relaxation after the finish line.

Lower Airfares for International Travel

Hopper predicts 2023 will be a favorable time for international vacations, with lower fares for long-haul trips to popular destinations like Asia and Europe.

Taxes and Finance

Tax Season Approaching

Tax season is upon us, with the IRS accepting returns starting January 27. Taxpayers can benefit from free online filing through Direct File in 25 states.

Business and Entrepreneurship

Rebuilding After the Wildfires

Business owners in Los Angeles' Pacific Palisades neighborhood face tough decisions about rebuilding and reopening their shops and restaurants. The Small Business Administration provides loans to aid with recovery efforts, but weighing the risks of borrowing remains challenging.

SBA Lending Options for Rebuilding

The SBA's disaster loan program offers up to $2 million in loans to help businesses recover from physical damage and economic losses, providing a potential lifeline during challenging times.

Employment and Jobs

Hiring Challenges Persist

While many companies are hiring, job seekers may still face obstacles such as "ghost jobs" and lack of communication from hiring managers.