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Porsche is recalling 173,538 vehicles in the U.S. as the rearview camera image may not display when the vehicle is placed in reverse, the U.S. National Highway Traffic Safety Administration said on Wednesday. This is one of the largest single safety recalls issued by Porsche Cars North America in recent years, following a 2022 recall pertaining to missing headlight adjustment screw covers that affected 222,858 vehicles. The current recall affects certain 2019-2025 Cayenne, Cayenne E-Hybrid, 2020-2025 911, Taycan, 2024-2025 Panamera, and 2025 Panamera E-Hybrid models. The regulator flagged that the vehicles fail to comply with the Federal Motor Vehicle Safety S…

A dismal year for the U.S. dollar is ending with signs of stabilization, but many investors believe the currency’s decline will resume next year as global growth picks up and the Fed eases further. The U.S. dollar slumped more than 9% this year, against a basket of currencies, its worst showing in eight years, driven by expectations of Federal Reserve rate cuts, shrinking interest rate differentials with other major currencies, and as concerns about U.S. fiscal deficits and political uncertainty swirled. Investors broadly expect the dollar to weaken further as other major central banks stand pat or tighten policy and as a new Fed Chair takes charge—a change that i…

Below, Ben Swire shares five key insights from his new book, Safe Danger: An Unexpected Method for Sparking Connection, Finding Purpose, and Inspiring Innovation. Ben is a former Design Lead at the innovation firm IDEO and co-founder of Make Believe Works, a team-building company that uses creative activities to accelerate connection, deepen trust, and fuel collaboration. His methods have helped organizations, from Fortune 500 companies to public school districts, build healthy, productive workplace cultures. What’s the big idea? Most of us think of risks as a threat to our safety. But what if they’re the best way to create the kind of safety that matters most—…

The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. The average long-term mortgage rate dipped to 6.15% from 6.18% last week, mortgage buyer Freddie Mac said Wednesday. That’s the lowest average long-term rate since October 3, 2024, when it dipped to 6.12% before shooting back up. One year ago, the rate averaged 6.91%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, fell this week to 5.44% from 5.50% the previous week. A year ago, it averaged 6.13%, Freddie Mac said. Mortgage rates are influenced by several factors, from t…

U.S. stocks are slipping in afternoon trading Wednesday as Wall Street closes out a banner year for markets driven by both optimism and uncertainty. The S&P 500 was down 0.2%. The Dow Jones Industrial Average fell 100 points, or 0.2%, as of 1:47 p.m. Eastern time. The Nasdaq composite fell 0.1%. The stock indexes are coming off a three-day losing streak. Trading is expected to be light ahead of the New Year’s Day holiday, when markets will be closed. With just one trading day left before the year ends, most big investors have closed out their positions for the year and trading volume has been very thin. Even after their mini post-Christmas pullback, the in…

Americans filed the fewest new jobless claims in a month last week, and while the number of unemployed workers collecting relief payments has eased from recent highs, there is little indication of a break from the weak hiring environment that settled in over the course of President Donald The President‘s first year back at the White House. Initial claims for state unemployment benefits for the week ended December 27 dropped unexpectedly by 16,000 to a seasonally adjusted 199,000, the lowest since the end of November, Labor Department data showed on Wednesday. Economists polled by Reuters had forecast claims would rise to 220,000. The report was published a day early b…

Flu season is here and it’s shaping up to be a bad one. Cases of the flu are rising sharply across the country – and that’s when looking at data collected right before the holiday. In the U.S., the CDC estimates 7.5 million flu cases so far this season, with 81,000 hospitalizations and more than 3,000 deaths. So far this season eight children have died from flu-related causes according to the CDC, with five of those deaths reported this week. According to CDC data for the week ending on December 20, 32 states reported high or very high levels of illness with flu symptoms, up from 17 states reporting that level of flu activity the week prior. New York, New Jers…

It’s the sort of thing you might not notice until it really matters, but the U.S. Postal Service recently changed how it defines the “postmark” on a piece of mail—warning that the postmark date is not a reliable indicator of when you actually mailed something. If you’re the sort of person who waits until the last minute to send time-sensitive mail, that means you’ll need to stand in line at your local post office and request a manual postmark when dropping off your mail. While the way mail is postmarked hasn’t undergone some major shift recently, the postal service set out earlier this year to clarify earlier what a postmark means and how the process works. B…

Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects, according to surveys released Wednesday. The official purchasing managers index for manufacturing, a monthly survey of companies, rose to 50.1 this month, the National Bureau of Statistics reported. That was just above the 50 cut off for expansion versus contraction on a scale up to 100. Another, private sector, survey also was at 50.1 for December. The better-than-expected readings partly reflect easing pressure due to an extended truce in trade tensions with the U.S. They also suggest manufacturers ramped up pr…

Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the The President administration pressures them for cuts, according to data provided exclusively by healthcare research firm 3 Axis Advisors. The number of price increases for 2026 is up from the same point last year, when drugmakers unveiled plans for raises on more than 250 drugs. The median of this year’s price hikes is around 4% — in line with 2025. The increases do not reflect any rebates to pharmacy benefit managers and other discounts. DRUGMAKERS ALSO CUT SOME PRICES Drugmakers a…

Zohran Mamdani was a trailblazing candidate whom many in his city of 8 million — some with hope, some with trepidation — expect to be a disruptive New York mayor. The democratic socialist’s plans for his first day in office on Thursday nod to his politics and priorities, without straying far from his predecessors with a sober official midnight oath-taking followed by a more celebratory ceremony in the afternoon. New York law spells out that four-year mayoral terms start on the January 1 after elections. To avoid any ambiguity about who’s in charge of America’s most populous city, it has become a tradition to hold a small midnight swearing-in. Mamdani has chose…

Auckland rang in 2026 with a downtown fireworks display launched from New Zealand’s tallest structure, Sky Tower, making it the first major city to greet the new year at a celebration dampened by rain. South Pacific countries are the first to bid farewell to 2025. Clocks strike midnight in Auckland, a population of 1.7 million, 18 hours before the famous ball drops in New York’s Times Square. The five-minute display involved 3,500 fireworks launched from various floors of the 240-meter (787-foot) Sky Tower. Smaller community events were canceled across New Zealand’s North Island on Wednesday due to forecasts of rain and possible thunderstorms. Australia plans defian…

Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. CEOs deal with many challenges, but apparently their overall health and fitness isn’t among them. Some 93% of CEOs surveyed by corporate wellness platform Wellhub rate their overall well-being as excellent or good. In contrast, the same study, released earlier this year, finds that only…

The year 2025 was one in which political and government design broke through to the mainstream. That’s thanks in large part to the new U.S. president, who fancies himself something of a designer-in-chief. “I consider myself an important designer,” President Donald The President said an October White House dinner to raise money for his planned ballroom. Of outside designers, he said, “boy, the things they can recommend are horrible.” That doesn’t mean political design in 2025 was all The President. Though his administration and allies used design to help push his agenda, protesters, politicians, and other political actors also developed a new visual language this y…

There are two sorts of people in this world: Those who think it sounds like fun to brave the elements for hours on end to watch the ball drop at midnight in Times Square on New Year’s Eve, and then there’s the rest of us. It’s become a time-honored tradition for millions of people to crowd into a few blocks of New York to celebrate a new year, and some new features await revelers this year. A larger ball will be dropped in the annual countdown to midnight, weighing in at 12,000-plus pounds and adorned with 5,200 crystals and LED lights. And there’s some special red, white, and blue confetti among the nearly three tons to celebrate the country’s 250th anniversary. …

In cities across North America, the best and most exciting public spaces can increasingly be found near the water. Park spaces on and along seashores and riverfronts are in a kind of renaissance right now, with large and small cities alike opening major waterfront parks over the past few years. 2025 was especially active. Cities brought big, ambitious park designs to the water’s edge, adding valuable recreation space, ecological services, and engines for urban regeneration. Here are four of the best waterfront parks that opened in 2025. Seattle’s Waterfront Park More than 15 years in the works, Seattle’s new park is a true reconnection of the city wit…

This article is republished with permission from Wonder Tools, a newsletter that helps you discover the most useful sites and apps. NotebookLM is the most useful free AI tool of 2025. It has twin superpowers. You can use it to find, analyze, and search through a collection of documents, notes, links, or files. You can then use NotebookLM to visualize your material as a slide deck, infographic, report— even an audio or video summary.Subscribe How to set up a notebook Pick a purpose. Start a new notebook for a work project or a learning goal. Examples: I created a notebook to organize materials for the new online bilingual MA program we’re developing at the CUNY…

Nearly all corporate workers face mental health challenges at work. And in 2025, unprecedented, lightning-fast developments in AI, unending widespread layoffs and broader political turmoil roiled workers’ emotional well-being. Many workers have been left burned out, anxious, and filled with dread. But it’s not all bad—in some corners of the workforce, each seismic disruption this year brought with it discourse around the problem, as well as some leaders and workers staying committed to safeguarding mental health in the face of constant change. Here are five ways workplace trends affected our mental health this year. Layoff dread and fatigue Perhaps the dom…

Every January, millions of people set ambitious New Year’s resolutions. They do this with genuine enthusiasm, hoping to transform their lives. Yet research indicates that by January 8th, just one week into the year, a quarter of these resolutions have already failed. By the end of the year, most individuals return to their familiar patterns, and the promises they made to themselves are often abandoned. My life doesn’t permit me the luxury of being part of that statistic. I operate at the intersection of three distinct and demanding identities: a PhD scholar at Oxford researching outer space financing, the founder of a career advancement platform called Network Capital…

The Walt Disney Company has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated child privacy laws, the Justice Department said on Tuesday. A federal court order in the case involving Disney Worldwide Services Inc and Disney Entertainment Operations LLC also bars Disney from operating on YouTube in a manner that violates the Children’s Online Privacy Protection Act, the department said. The order requires Disney to create a program that will ensure it properly complies with the privacy law on YouTube in the future, it added. The law requires websites, apps, and other online services aimed at children under 13 to…

The U.S. Federal Reserve agreed to cut interest rates at its December meeting only after a deeply nuanced debate about the risks facing the U.S. economy right now, according to minutes of the latest two-day session. Even some of those who supported the rate cut acknowledged “the decision was finely balanced or that they could have supported keeping the target range unchanged,” given the different risks facing the U.S. economy, according to the minutes released on Tuesday. In economic projections released after the December 9-10 meeting, six officials outright opposed a cut and two of that group dissented as voting members of the Federal Open Market Committee. …

The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out and the consumer finance agency would have no money to pay its employees. Judge Amy Berman ruled that the CFPB should continue to get its funds from the Federal Reserve, despite the Fed operating at a loss, and that the White House’s new legal argument about how the CFPB gets its funds is not valid. At the heart of this case is whether Russell Vought, President Donald The President’s budget director and the acting director of the CFPB, can effectively shut down the a…

In a year defined by companies pouring shocking sums of money into AI, one more deal squeaked in just before 2026. Meta just made a play on Manus, the buzzy Singapore-based company with Chinese roots that turned heads earlier this year when it showed its AI agents executing complex tasks, like hunting for real estate and sorting through resumes. The deal is sure to turn heads too. Manus and its parent company Butterfly Effect are now based in Singapore but were founded in China – a country with a fraught relationship to the U.S tech industry – and maintain operations there. Facebook’s parent company will reportedly pay more than $2 billion to acquire the startup,…

In artificial intelligence, 2025 marked a decisive shift. Systems once confined to research labs and prototypes began to appear as everyday tools. At the center of this transition was the rise of AI agents – AI systems that can use other software tools and act on their own. While researchers have studied AI for more than 60 years, and the term “agent” has long been part of the field’s vocabulary, 2025 was the year the concept became concrete for developers and consumers alike. AI agents moved from theory to infrastructure, reshaping how people interact with large language models, the systems that power chatbots like ChatGPT. In 2025, the definition of AI agent…

Packages of grass fed ground beef are being recalled over possible E. coli contamination. The affected packages were distributed in at least six states, according to the U.S. Department of Agriculture (USDA). What ground meat is recalled? The USDA made the announcement in a Dec. 27 recall notice, explaining that the recall includes 2,855 pounds of raw ground beef produced on Dec. 16 from Mountain West Food Group, LLC. The at-risk product is the company’s 16-oz. (1-lb.) vacuum-sealed packages of FORWARD FARMS GRASS-FED GROUND BEEF. The packages have a use or freeze by date of 01/13/26. The product also has the establishment number EST 2083 printed on the side of the…