The Latest: 01/10/2026 03:59pm ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update.

Speaker 2 (00:03):
The latest use this hour in just four minutes. Protests
are underway this weekend across the US following the fatal
shooting of a Minnesota woman by an ICE officer this week.
The protests are also in response to the recent border
patrol shooting at Portland, Oregon, that put two people in
the hospital. Demonstrations are planned in major cities from coast

(00:25):
to coast, as well as outside the White House. Organizers
say Ice Out for Good protests and vigils will take
place in cities around the country both today and tomorrow.
Jury selection in Luigi Mangioni's federal trial will start in September.
Levon Putney has more.

Speaker 3 (00:41):
The judge heard Luigi Mangioni's lawyers argue for two gun
related charges to be dropped, while prosecutors want the charges
to stay and pushing for this to be a death
penalty case, which is not with Mangioni's lawyers or his
supporters outside the courthouse one.

Speaker 2 (00:54):
It is a punishment that should not exist.

Speaker 4 (00:57):
If there is punishment, it's got to allow a chance
for change.

Speaker 2 (01:01):
The judge has set a tentative date of September eighth
to start choosing jurors. Mangioni is accused of assassinating CEO
Brian Thompson in December of twenty twenty four on a
midtown Manhattan street. President Trump is calling for a one
year cap on credit card interest rates. Trump said on
social media Friday that the ten percent cap would go
into effect on January twentieth, to coincide with the one

(01:24):
year anniversary of the Trump administration. The president said he'll
no longer let the American public be ripped off by
credit card companies charging interest rates of twenty to thirty percent.
He didn't explain how the cap would be imposed. Macy's
is closing over a dozen stores across the country. The
department store chain announced Friday it would be closing fourteenth

(01:45):
stores in the US. The twelve states affected by the
closures include California, Georgia, Maryland, Michigan, Minnesota, New Hampshire, New Jersey,
New York, North Carolina, Pennsylvania, Texas, and Washington. The company
plans to eventually close one hundred and fifty department stores
as part of its Bold New Chapter initiative. I'm Lisa Carton.

(02:07):
Consumer sentiment is improving for the second straight month. More
from Lisa Taylor.

Speaker 5 (02:12):
The University of Michigan's early reading for January edged up
to reach its highest level since September. Survey official say
consumer see signs of modest improvement in the economy, although
sentiment remains nearly twenty five percent below last January. High
prices and other pocketbook issues top the list of concerns
for many consumers. Meanwhile, year ahead inflation expectations held steady
at four point two percent.

Speaker 2 (02:33):
Officials in Juno, Alaska, are urging some of their residents
to evacuate ahead of a possible avalanche. Official say heavy
rainfalling on top of record breaking snowfall has significantly increased
the thread of slides across known avalanche paths. Emergency managers
say hundreds of residents are urged to evacuate and prepare
for several days away from home. Multiple small avalanches have

(02:55):
already been reported, prompting shelter openings and extended road closures.
Authorities warn conditions could worsen and are urging residents to
monitor official alerts. The IRS will start accepting tax returns
on January twenty six. Tammy Trejillo reports.

Speaker 1 (03:12):
Federal returns for twenty twenty five will need to be
filed by April fifteenth in order to avoid penalties and interest.
Most taxpayers will also be expected to pay their taxes
that they owe and eight by that date. Those expecting
a refund, though, could see a little more this year.
Tax experts say the IRS did not update with holding
tables from employers last year, which show how much to
take from workers' paychecks. That could mean bigger refunds for

(03:35):
certain people.

Speaker 2 (03:36):
The nominees for this year's iHeartRadio Music Awards are out now.
Michael Kassner has more.

Speaker 4 (03:45):
Taylor Swift leads a field with nine nominations, including for
a Song of the Year, Artists of the Year, and
Best Lyrics. Right behind Swift are Bad Bunny, Sabrina Carpenter
and Alex Warren with eight nominations each.

Speaker 2 (03:57):
The iHeart Music Awards will take place live from the
Dolby Theater in Los Angeles on March twenty six. I'm
Lisa Carton.