6 million: Fire officials in Southern California said over 6 million people are still in danger from four major fires burning in the hills around Los Angeles, with hot, dry winds expected to worsen conditions over the weekend. Herculean efforts from fire crews have contained large sections of the Palisades and Eaton fires, but they are racing against time to save as many lives and houses as possible in America’s second-largest metropolis.
5: Meta, the company behind Facebook and Instagram, says it will lay off 5% of staff this year, amounting to about 3,600 jobs. The announcement comes amid major policy changes at the social media giant, including the end of content moderation for the US and the replacement of its public policy chief with a prominent Republican.
2.9: US inflation rose from 2.7% in November to 2.9% in December, the third straight month of accelerating price hikes while rates remain well above their target levels. That said, underlying pressures of inflation appear to be easing, and analysts still believe the Federal Reserve will be able to proceed with planned interest rate cuts in 2025 – though how the Trump administration’s planned tariffs will skew plans is yet to be seen.
