A Surrogacy Firm Told Parents-to-Be Their Money Was Safe. Suddenly, It Vanished.

The Federal Reserve has cut interest rates for the third consecutive meeting, a decision that has sparked significant internal debate among its officials. This contentious move reflects deep divisions within the central bank regarding the future direction of monetary policy, indicating that further reductions in borrowing costs may be limited in the coming year.

The U.S. government has announced plans to require foreign tourists from visa-waiver countries, including Britain and France, to disclose five years of their social media history. This new regulation aims to enhance security measures and ensure transparency regarding the online activities of visitors.

Midpriced steakhouses and fine-dining establishments, including Halls Chophouse in Charleston, S.C., are grappling with soaring beef prices, which are impacting their operational costs similarly to grocery consumers. Restaurants are in a 'Code Red' mode as they seek solutions to manage these rising expenses without deterring customers.

Australia has implemented a groundbreaking law prohibiting social media access for individuals under the age of 16, a move that has garnered significant global media attention and sparked discussions about its potential effectiveness and implications. The ban, effective December 10, 2025, aims to protect minors from the adverse effects of social media, including cyberbullying and exposure to harmful content.

Wall Street is currently experiencing a complex dynamic as fears of an artificial intelligence (A.I.) bubble resurface, reminiscent of the dot-com boom. Despite some A.I. companies reaching high valuations, investors are hesitant to withdraw from the market, concerned about missing future gains.