Big Fed Rate Cut Was Justified But It May Have Acted Politically Trump Economic Adviser Says
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WATCH: Kilauea volcano erupts on Hawaii’s Big Island
Scientists are monitoring air quality after Hawaii's Kilauea volcano erupted early Monday, sending plumes of smoke and lava into the sky.ABC News - 49m -
Israel confirms it killed Hamas political chief Ismail Haniyeh in Iran in July
Defence minister Israel Katz threatens Houthi rebels in Yemen, saying the military will ‘decapitate their leadership – just as we did with Haniyeh’. Israel’s defence minister has confirmed that the ...The Guardian - 2h -
New report says Matt Gaetz may have violated laws on prostitution, statutory rape
The House Ethics Committee’s final report on its investigation into former Rep. Matt Gaetz, R-Fla., revealed he engaged in conduct that violates House Rules and some that are potentially criminal ...NBC News - 3h -
Here's what to know about the Corporate Transparency Act ruling
The Corporate Transparency Act, or CTA, requires businesses to register with FINCEN, or face fines. Here's what to know.CBS News - 3h -
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatilityFinancial Times - 5h -
Here Comes Santa Claus’s Approval Rating
Despite some debates in the news, Americans’ views on Santa haven’t really changed, polls show. Most parents still say he’ll visit on Christmas Eve.The New York Times - 5h -
Trump ally Gaetz paid for sex and drugs while in office, ethics report says
An investigation details allegations of drug use and payments for sex - which the former US congressman denies.BBC News - 5h -
5 storylines that defined 2024: from the Politics Desk
With Donald Trump returning to the White House, Joe Biden exiting and a new Congress starting next month, here’s a rundown of the top political storylines that shaped 2024.NBC News - 5h -
Immigrants prepare action plans after Trump says he will allow ICE to act in schools, churches and hospitals
Immigrant's rights advocates are helping vulnerable families prepare plans of action in case an undocumented relative is suddenly detained or deported.NBC News - 5h -
The Social Security Fairness Act is incredibly irresponsible
Instead of being fair, this legislation will lead to harsher and faster automatic benefit cuts for most of us.MarketWatch - 6h -
Aaron Rodgers says he's willing to take pay cut, mentor Jets rookie QB in 2025 if veteran returns to New York
The 41-year-old Rodgers, however, still hasn't decided if he will play in 2025 or notCBS Sports - 6h -
Matt Gaetz, former Trump AG pick, had sex with underage girl while in Congress, House Ethics report says
Matt Gaetz resigned from Congress after President-elect Donald Trump picked him to be attorney general, putting the fate of the House Ethics report in question.CNBC - 7h -
Trump Says it Could be Worth Keeping TikTok in U.S. for a Little While
The President-elect said the attention he’s gotten on the social platform prompted him to think it should keep operating, despite a law requiring its sale by Jan. 19.Inc. - 7h -
Amazon and Starbucks Workers are on Strike. Trump Might Have Something to do With It
The President-elect was no fan of unions during his first term, though observers suggest he may be more accommodating on labor issues when he returns to office.Inc. - 8h -
Kilauea Volcano Erupts on Hawaii’s Big Island
Scientists said that the main hazard from the eruption on Monday was increased levels of volcanic gas.The New York Times - 9h -
The Fed’s Stuck in a Wrestling Match With Financial Markets
Investors and the central bank can’t get on same page about where interest rates are headed.Inc. - 9h -
House Ethics report says Matt Gaetz may have violated state laws on prostitution, statutory rape
The House Ethics Committee released the report summarizing the investigation into former Rep. Matt Gaetz, who vacated his seat in November.NBC News - 10h -
This Was the Year Elon Musk Took Over Politics
The American public elected Donald Trump to run the federal government. His erratic patron seems to think the job is also his.Wired - 11h -
A Pro-Trump Group’s Risky Bet on Infrequent Voters Seems to Have Paid Off
Turning Point Action devoted much of its attention to less reliable voters. New data in Arizona showing a sizable Republican edge among them suggests that the strategy succeeded.The New York Times - 11h -
Greenland's leader says "we are not for sale" after Trump suggests U.S. takeover
President-elect Donald Trump also seemed to suggest the Panama Canal should belong to the United States.CBS News - 12h -
Trump says ownership of Greenland 'is an absolute necessity'
President-elect Donald Trump shared his renewed interest Sunday in the U.S. controlling the autonomous territory of Greenland, which is owned by Denmark.NBC News - 13h -
Surfers Return for Rare Big Wave Contest in Hawaii
The Eddie Aikau Big Wave Invitational was held for just the eleventh time since its founding in 1984. Landon McNamara, a local of Oahu’s North Shore, won this year’s event.The New York Times - 23h -
DHS secretary says a "terrific solution" to immigration was killed by "irresponsible politics"
Homeland Security Secretary Alejandro Mayorkas tells "Face the Nation with Margaret Brennan" that the White House turned to Congress for a solution to the immigration surge, but "looking back now ...CBS News - 1d -
Lara Trump says she's removed her name from contention to be Florida's senator
Lara Trump, President-elect Donald Trump's daughter-in-law, said on Saturday that she decided to remove her name from consideration to be a senator in Florida.NBC News - 2d -
Currency Tailspin Forces Brazil's Leader to Do the Unthinkable: Cut Spending
Brazil’s currency plunged to its lowest level in 30 years after breakneck spending on pensions and social services.The Wall Street Journal - 3d -
PCE Inflation, the Fed’s Preferred Measure, Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.The New York Times - 3d -
Trump says any shutdown ‘is a Biden problem to solve’
The president-elect has insisted that any funding package include an extension, or elimination, of the debt limit.Politico - 3d -
Trump says he gave permission to Elon Musk to trash GOP-proposed spending bill on X
Trump's statement opposing the bill came out several hours after Musk's posts.ABC News - 4d -
Undocumented Chinese men say they're baffled by Trump's reported plans to deport them first
Having fled China because of political persecution or for better economic opportunities, many undocumented Chinese men reject the notion of being a threat to the U.S.NBC News - 4d -
Lamb Weston Replaces CEO, Cuts Outlook
Lamb Weston Holdings said it was replacing its chief executive and slashing guidance again as demand for frozen potato products sputters, sending shares sharply lower.The Wall Street Journal - 4d -
European Indexes Fall on Slower U.S. Rate Cut Projections
Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.The Wall Street Journal - 4d -
Trump says his inaugural will be about unity. It might be a tough sell.
In what would be a political makeover for the ages, Donald Trump says that moments after taking the oath of office next month, he'll cast himself as something notably off-brand: a unifier.NBC News - 5d -
New report says Matt Gaetz may have violated laws on prostitution, statutory rape
The House Ethics Committee’s final report on its investigation into former Rep. Matt Gaetz, R-Fla., revealed he engaged in conduct that violates House Rules and some that are potentially criminal ...NBC News - 3h -
5 storylines that defined 2024: from the Politics Desk
With Donald Trump returning to the White House, Joe Biden exiting and a new Congress starting next month, here’s a rundown of the top political storylines that shaped 2024.NBC News - 5h -
The coming global interest-rate collapse will force Fed to cut four times in 2025
Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.MarketWatch - 9h -
Your financial adviser has a plan for your money. But what if it’s their plan too?
To get you to follow their advice, your adviser says, “I do this for myself.” Is that good enough?MarketWatch - 9h -
BATMMAAN begins: These may be the dominant stocks for next year
A new acronym has been making the rounds since another potential tech kingmaker — Broadcom — began closing in on the $1 trillion market cap club last week.MarketWatch - 10h -
House Ethics report says Matt Gaetz may have violated state laws on prostitution, statutory rape
The House Ethics Committee released the report summarizing the investigation into former Rep. Matt Gaetz, who vacated his seat in November.NBC News - 10h -
Five things you may have missed from NFL Week 16: Running backs go wild, Joe Burrow defies gravity, more
A look at some of the best action and moments from Week 16CBS Sports - 10h -
Trump says he hasn't "ceded the presidency" to Elon Musk
President-elect Donald Trump over the weekend dismissed concerns about Elon Musk's influence after the billionaire helped tank a congressional spending bill last week. Democratic strategist Joel ...CBS News - 10h
