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US Federal Reserve cuts interest rates in final decision of the year
just now (659+ words) The central bank cut rates for the third time in 2025 as limited government data clouds economic outlook. By Andy Hirschfeld and Reuters The United States Federal Reserve has cut interest rates by a quarter of a percentage point, marking the last rate cut of the year. On Wednesday, the Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50 " 3.75 percent as US job growth stalls. "Job gains have slowed this year, and the unemployment rate has edged up through September. More recent indicators are consistent with these developments. Inflation has moved up since earlier in the year and remains somewhat elevated," the central bank said in a statement. The cut was widely expected with an 89 percent probability of a rate cut, according to the CME Fed Watch, a tracker which monitors the likelihood of monetary policy decisions. The decision…...
Enough Republicans Have Already Signed The Obamacare Subsidies Discharge Petition To Force A Vote
8+ min ago (125+ words) It did not take long for Republicans to start lining up the House to force a vote to extend the enhanced Obamacare subsidies for two years. Greene does support extending the subsidies, but her post made it very clear that her signature on discharge petitions is also an act of rebellion against Johnson and Trump, because they have strangled the House and prevented legislation from being brought to the floor for votes. For other House Republicans, who aren't leaving Congress after the holidays, this is straight up about extending the subsidies. A line of lawmakers are signing Fitzpatricks discharge right now. Golden. Lawler. Suozzi. Where things start to get interesting is what House Democratic Leader Rep. Hakeem Jeffries said when asked about the petition....
'It's Trump's economy': Jake Tapper gets last word with GOP lawmaker in brutal fact-check
9+ min ago (351+ words) CNN news anchor Jake Tapper and U.S. Rep John Rose (R-Tenn.) (Image: Screengrab via CNN / YouTube) CNN news anchor Jake Tapper took U.S. Rep John Rose (R-Tenn.) to task on claims that the dismal U.S. economy under President Donald Trump is the fault of the last administration " despite Trump's economic policies being in place for nearly a year. "It takes time to turn that ship around," Rose told Tapper, "but we see great progress. " We've got to take the time to stay the course. It took four years to dig this hole. It's going to take some time to dig out." "Shouldn't someone privately sit him down and say, "please don't tell voters that prices are down because that's not what they're experiencing at the grocery store?" Tapper pressed. Rose insisted prices for "some goods" are coming down and "it takes time to…...
Trump personally begged MAGA ally not to primary GOP lawmaker — but failed
15+ min ago (266+ words) President Donald Trump failed to keep a Republican primary clear for one of his MAGA allies in his home state of New York. The president personally called attorney Bruce Blakeman, the county executive for Nassau County, to persuade him not to run in the GOP gubernatorial primary against Rep. Elise Stefanik (R-NY), saying polling indicated she was the favorite to face off against Democratic Gov. Kathy Hochul, but he entered the race anyway, reported New York Magazine. "He's great, and she's great," Trump said after Blakeman announced his candidacy. "They're both great people." However, sources told the magazine that Trump believes Blakeman will lose the primary but doesn't want to publicly come out against him, and New York Republicans say the situation reminds them of the 2022 GOP primary, when Lee Zeldin had to spend much of his campaign money to…...
Trump admin's 'unthinkable' move gets rare 30,000-foot rebuke from air safety official
16+ min ago (239+ words) President Donald Trump's administration received a rare rebuke on Wednesday from an air safety official over a provision tucked away in the annual defense spending bill. Jennifer Homendy, chairwoman of the National Transportation Safety Board, spoke at a press conference on Wednesday about Section 373 of the National Defense Authorization Act, a more than $900 billion spending package that recently passed the House of Representatives. "This is not something normally where we weigh in so strongly on legislation that is moving before the House and Senate, but given that the DCA investigation is really our agency's highest priority right now, we think it's important that we talk about what is happening with NDAA," Homendy said. Homendy said Section 373 would "reverse safety changes" made after the January 2025 crash, where 67 people were killed in a mid-air collision over the Potomac River. It would also…...
Former GOP strategist says Trump’s PA rally shows he’s 'fading' and low-energy
19+ min ago (186+ words) Former GOP strategist Mike Murphy slammed Donald Trump's Pennsylvania rally as "low-energy" and a clear sign the president is "fading." Speaking on his Hacks on Tap podcast, Murphy noted that Trump's meandering remarks and apparent confusion highlighted declining cognitive sharpness, reinforcing concerns about his health. What was meant to showcase economic leadership instead underscored a president struggling to maintain his once-commanding presence, he said.Watch the video below. Your browser does not support the video tag. Former GOP strategist says Trump's PA rally shows he's 'fading' and low-energy Former GOP strategist says Trump's PA rally shows he's 'fading' and low-energy Former GOP strategist Mike Murphy slammed Donald Trump's Pennsylvania rally as "low-energy" and a clear sign the president is "fading." Speaking on his Hacks on Tap podcast, Murphy noted that Trump's meandering remarks and apparent confusion highlighted declining cognitive sharpness,…...
The 10 Best Video Game Worlds of the 21st Century
21+ min ago (325+ words) Sarah Fimm (they/them) is actually nine choirs of biblically accurate angels crammed into one pair of $10 overalls. They have been writing articles for nerds on the internet for less than a year now. They really like anime. Like... REALLY like it. Like you know those annoying little kids that will only eat hotdogs and chicken fingers? They're like that... but with anime. It's starting to get sad. [The Legend of Zelda: Breath of the Wild]Student loans The 24 hour news cycle The real world can be hell to deal with, so why not spend a little time relaxing in another? Granted, we can't all be as lucky as an isekai anime protagonist whisked away into a fantasy kingdom after a meet-cute with an oncoming truck, but video games offer a less fatal alternative! When it comes to beautiful worlds…...
Syrian Jewish group to work on returning seized property
23+ min ago (380+ words) Syrian Jewish group to work on returning seized property Iceland will boycott 2026 Eurovision over Israel's participation US weighs hitting UNRWA with terrorism-related sanctions Lebanon and Israel: Will direct talks change the status quo? Southern uprising: A power shift that could redraw Yemen's map How Netanyahu's pardon request could reshape Israeli politics "Frugal AI: This is how MENA can catch up to global tech race German rearmament's genocidal implications, this time via Israel Why filmmakers won't let Hind Rajab's story be forgotten Driven to Their Knees: How humiliation shapes modern power A Historian in Gaza: Filiu documents life under Israel's siege Syrian authorities on Wednesday granted a licence to a Jewish-Syrian organisation that plans to work to return properties confiscated under previous governments, one of its founders said. Since rebel forces toppled long-time ruler Bashar al-Assad in December last year after…...
Arms Industry Grows 5.9% in 2024, According to New Report
23+ min ago (467+ words) The world's largest arms producers saw their revenues climb 5.9% in 2024, hitting a record high, according to a report by The Stockholm International Peace Research Institute (SIPRI). This increase comes amid ongoing conflicts, political tensions, and humanitarian crises in many parts of the world. According to the report, global demand for weapons continues to [] The world's largest arms producers saw their revenues climb 5.9% in 2024, hitting a record high, according to a report by The Stockholm International Peace Research Institute (SIPRI). This increase comes amid ongoing conflicts, political tensions, and humanitarian crises in many parts of the world. According to the report, global demand for weapons continues to grow as nations seek to strengthen their militaries or respond to perceived threats. Experts and analysts have expressed concern over the sustainability of the growing global arms industry due to geopolitical and supply-chain constraints....
Trump's 'vocabulary has reduced dramatically' as his mind fades away: DC insider
27+ min ago (1097+ words) President Donald Trump's cognitive decline was on full display this week, longtime Beltway reporter John Heilemann told MS NOW's Nicolle Wallace on "Deadline: White House" " and it's obvious when you compare his demeanor to a few years ago."You know, look, they asked him the other day on the airplane, on Air Force One, why he took an MRI, and he said he didn't know," said Heilemann. "If getting the camera-person-TV thing right is acing it, not knowing why you took an MRI is flunking it. I'm not sure what to make of any of those things, but it's totally clear and has been for some time.""This is not the first time I've said this, but if you look over the course of the last 10 years, we've had Donald Trump in our lives, you can measure the decline in…...