US fourth-quarter growth revised up; weekly jobless claims fall

WASHINGTON (Reuters) – The U.S. economy grew faster than previously estimated in the fourth quarter, lifted by strong consumer spending and business investment in nonresidential structures like factories. Gross domestic product increased at a 3.4% annualized rate last quarter, revised up from the previously reported 3.2% pace, the Commerce Department’s Bureau of Economic Analysis said … Read more

Passengers can sort United Airlines flights for planes that accommodate their wheelchair

United Airlines is officially rolling out new accessibility features Thursday that it says will make flying easier for wheelchair users. The updates, which the airline previously announced, include the ability to find flights that are the best equipped to handle their mobility equipment by inputting the dimensions of their wheelchair in a filter on the … Read more

Macron and Lula launch defense submarine in Brazil

Semafor Signals Supported by Insights from Le Monde and Politico The News The presidents of France and Brazil launched a submarine made in the South American nation using French technology, as the two nations strengthen their defense ties. Emmanuel Macron is the first French president to visit Brazil in 11 years after ties between Paris … Read more

New Jersey Democrat targets Sen. Menendez’s access to classified information — and Trump’s

WASHINGTON — Now charged with 18 federal counts, embattled Sen. Bob Menendez, D-N.J., faces a mounting pressure campaign from his colleagues in Congress. Rep. Mikie Sherrill, D-N.J., will announce legislation Friday that would prohibit people charged with certain crimes from receiving classified information, implicitly targeting Menendez, who was charged with bribery, conspiring with foreign governments … Read more

Cathie Wood Thinks Nvidia Could End Up Like Cisco After the Dot-Com Crash. Here’s the “Magnificent Seven” Stock That I’m More Worried About.

One of the most outspoken investors on Wall Street is Cathie Wood, the founder of ARK Invest. Wood is best known for making big bets in emerging areas of technology and healthcare. In a shareholder letter published earlier this month, she suggested that Nvidia (NASDAQ: NVDA) could end up like Cisco in the aftermath of … Read more