Headline News

NATIONAL HEADLINE NEWS FOR TUESDAY, DECEMBER 24TH 2024Inflation Issues Persist Despite a Boost in Consumer Spending as the Holiday Season Begins.

Retail sales increased across the United States by almost 4.8%. Strong consumer spending from online shopping helped fuel this increase and the high demand for entertainment and travel. However, economists maintain that rising price levels, in conjunction with stagnant wage growth, will hinder any potential growth in the next five years or so.

Mortgage Markets Remain Steady As All Eyes Are Directed Towards the Federal Reserve

30-year fixed-rate mortgages have maintained a national average of 6.75%, marking a period of stabilization for a rampant market with fluctuating rates. The Federal Reserve is expected to conduct a meeting at the start of next month, wherein they will decide whether there is a scope for further rate increases, which may act as a barrier in combating inflation. Furthermore, experts anticipate this meeting with caution, as signs indicate economic growth is beginning to stagnate.

Continued Shortages Within Inventory Persist in the Housing Market.

The US housing market is still suffering from an extreme deficit in the number of active listings, which have dropped by roughly 23% compared to December 2023. The resulting combination of increased interest rates and a shortage of homes has made it difficult for homeowners to afford to sell their homes. Once again, this has dire consequences on first-time buyers, as relatively economical homes aren’t abundant in high-demand areas.

US Senate passed 1.2 Trillion Funding Package Bill for Infrastructure.

In a decisive bi-cameral vote, the Senate approved the one-point-two trillion-dollar funding bill covering new highways, IT, and climate. The construction industry stands to gain tremendously from it, leading to multitudes of job creation. However, there are concerns that the bill may not lead to a green future.

US Department of Justice Cracks Down on Big Tech: New and Tough Privacy Laws Come Into Effect

As Meta and Google colluded over Meta’s Giphy acquisitions, the US Department of Justice issued new privacy laws for big tech companies, requiring them to be more open about their data use and more respectful to consumers. Consumer advocates have well received the move. Still, it has raised fears among business leaders around the possible chilling effect it could cause on innovations.

Winter Storms Force 2000 Plus Flight Cancellations Over Christmas Weekend Travel Plans Afterphotos Shot Sorter Job View Photo

A winter storm that impacted America’s Midwest and Northeast regions has made travel before Christmas difficult. More than two thousand flights have been disrupted around the Michigan, Illinois, and New York regions, and treacherous snow is predicted for Christmas day.

The Stocks Reflect a Gain Following the +/- Year-End Rush.

After the approval of the infrastructure bill and the increased holiday retail sales, investors’ positive mood was reflected as both the Dow Jones Industrial Average and the S&P 500 showed growth. Afterward, the tech-heavy Nasdaq took a harsh tumble during the week but was later able to recover due to the much-anticipated reports regarding the fourth quarter earnings.

As Cases of Problems Arise, the Hospitals Are Bound to Face Issues.

The healthcare system is facing a severe crisis due to increased cases of influenza and respiratory syncytial virus (RSV). All hospitals are under substantial pressure with the pediatric wards, particularly under duress regarding the capacity issue. The CDC has warned people to consider taking extra measures and getting vaccinated due to family gatherings.

The USA and China Relations Are Kick Starting as Planned.

President Biden and Xi Jinping are expected to host a virtual meeting this week to discuss trade relations, Taiwan, and other topics related to global security. Analysts see the virtual meeting as a much-needed reduction of tension between the USA and China, fighting a soft war on multiple fronts.

Sports

NFL Playoff Picture Takes Shape:

The NFL regular season ends and the teams compete for the remaining playoff spots. The Philadelphia Eagles and Kansas City Chiefs have secured their divisions, while everyone else fights for the wildcards. Everyone is set for the high-profile matches as we enter the holiday weekend.

Entertainment

“Avatar 3” Breaks All Previous Box Office Records James Cameron’s “Avatar 3” has grossed $1 billion in just two weeks, making it the highest-grossing film of 2024. Critics love the film for its incomparable graphics and environmental storyline, making it one of the cultural marvel films of the time.

Holiday Spirit Sees Unprecedented Level of Charity Donations

Charitable organizations have reportedly received donations totaling $6 billion this holiday season, thanks to the globalization of humanitarian issues and tax incentives for donors. Corporations and individual philanthropists have donated to various social causes, from disaster recovery to education.

As these events unfold, more follow-up reporting and analysis will be published.

As of December 23, 2024, here are the latest stories making headlines around the globe:

Labor Strikes and Worker Actions

Starbucks Workers Strike:

Employees at Starbucks across major US cities such as Chicago, Seattle, and Los Angeles have gone on strike as part of a campaign organized by Starbucks Workers United (SBWU). SBWU demands that Starbucks make sufficient progress towards wage and working conditions before Christmas Eve by December 24. Starbucks also appeals to its customers not to purchase from their stores during this time as they claim that they represent a horde of over 525 unionized stores in 45 different states.

Public Health Concerns

Avian Influenza Outbreak:

This specific subtype of bird flu, known as H5N1, has recently designed ruffling feathers, causing a stir through spreading from poultry to cattle and infecting raw or uncooked milk. California authorities and many other states have announced states of emergency to expedite their responses toward mitigating this disease. Vaccines and tests accompany the flu, but they are nowhere to be seen as the nation is still grappling with the COVID-19 pandemic. Therefore, it is essential to abide by established guidelines the managers and supervisors set.

Economic and Financial Updates

Stock Market Movements:

Only U.S. stock index futures experienced slight inflation following the passage of a bill to control the government’s budget, indicating that a shutdown has not occurred. Meanwhile, investors await any further news or developments following the Federal Reserve’s recent announcement regarding the cut in interest rate, which markets have predicted will drop by around two 25-basis points through 2025.

It is worth mentioning that several companies, such as Qualcomm and Apple, have reported an increase in their premarket share due to good news.

Changes in Payments by Social Security

Because of the Christmas holiday season, millions of US citizens will receive their Social Security checks one day sooner, in this case, on Monday. Suffolk County generally pays its checks on the fourth Wednesday of the month; this time, the checks will be paid on December 24. Also, there is SSI, and its January payment will be made on December 31 since it’s supposed to be paid on New Year’s Day. Because of this annual adjustment, due to rising costs, the maximum monthly SSI will go up in 2025 from $943 to $967 in 2025.

Retail and Consumer News

Shopping During the Holiday Season:

December 23 is a holiday, so a number of consumers will go shopping, and most shops, like Walmart and Target, are expected to have their doors open from 7 am to midnight. Target business hours on December 23 are from 7 am to 12 midnight, and on December 24, are from 12 noon to 8 pm. For their part, Walmart hours on December 23 are 6 am to 11 pm, and on December 24, they are 6 am to 8 pm. Both stores will be shut down during the Christmas holidays on the 25th.

Sports Highlights

NFL Victory:

The Washington Commanders finally won their game against the Philadelphia Eagles, bringing their record to 10-5, the best they have achieved since 1991.

In his rookie season, quarterback Jayden Daniels earned historical fame by passing for five touchdowns while rushing for more than 65 yards in a single match. The impact of the victory boosts the playoff chances for the Commanders as they prepare to go head-to-head with the Atlanta Falcons.

College Football Playoffs:

The first round of the College Football Playoffs 2024 was kicked off with the top seeds putting in great performances, headlined by …Ohio State and Notre Dame. These relationships further raise debates on the need to keep a 12-team playoff format, given the range of capabilities on display.

Political Developments

Government Shutdown Averted:

President Biden signed a bipartisan funding bill over the weekend, thus preventing a government shutdown and ensuring that operations are not halted until March 14. Such an action reassures people during the holiday period and also prevents the likelihood of disruptions to federal services.

House Ethics Report on Matt Gaetz:

House Ethics Report of Former Congressman Matt Gaetz released its investigation reports on their findings. The public has received reports from the House Ethics Committee, which received compelling evidence that the former Congressman had sex with an underage sex worker, 17, and was using drugs while he was in office. Such findings seriously impact future relations for Gaetz and are sure to raise issues concerning the ethics of public servants, too.

Such activities mark a vibrant period for different sectors in America as we draw toward the end of the year.

U.S. Headline News Summary Between December 16th-22nd 2024 Weekend Wrap Up. This is a detailed overview of the US headlines news of December 16 to December 22 for the year 2024:

February 16, 2024

Abundant Life Christian School Shooting:

• An unfortunate event occurred on February 16, 2024, at Abundant Life Christian School in Madison.
• A school teacher and a student were brutally murdered, along with multiple others getting injured during the life firing.
• It was brought to notice that the shooter was a 15-year-old student who killed herself after the incident.
• It is being investigated if she has any connections with a man living in California who was detained for planning another mass shooting.

February 17, 2024

Investigation Further:

• The Wisconsin shooting was reported to the authorities on February 14, 2024.
• They are investigating the shooter’s personal life, including their social media accounts, to look for any information that could provide insights into her motives for the attack.
• The malefactors of the country paid condolences to the deceased.
• The families of the deceased were offered counseling services to help with the process.

Donald Trump Remarks On Transition

• Donald Trump, who was elected president, held a press conference.
• He shared with the nation his administration’s plans, which included focusing on the general welfare of the people, reforming education, and increasing the budgets for public safety.
• The potential distribution of pardons and the current administration status regarding the polio vaccine were also re-touched.

February 18, 2024

Alerts Concerning Harsh Weather Conditions:

• The National Weather Service issued warnings for Extreme Winter conditions across the northern areas of the United States, including North Dakota, Minnesota, and Wisconsin, between February 16, 2024, and February 22, 2024.
• Light rainfall and thunderstorms predicting torrential rainfall across the southern parts were also expected.

Legislative Measures Against Gun Violence:

• On December 19, 2024, in the wake of tragic incidents, the government commenced deliberations seeking to implement measures aimed at regulating the sale of firearms and tightening the background checks to prevent the sale of guns to minors.

Logistical Challenges:

• The adverse weather conditions brought thunderstorms alongside severe winter weather, resulting in massive road hazards.
• The severe winter hampered travel further, leading to widespread flight cancellations.
• Southern states were also warned about an incoming storm, with snow warnings.

Economic Outlook:

• Economic worries commenced when the approaching holiday season led to slight increases in unemployment claims being reported.

Gun Violence:

• On December 20, 2024, community members, alongside officials, participated in a vigil in Madison to honor the victims of the school shooting.
• They provided their perspectives regarding the tragedy, gun violence, and contemporary gun laws.

Shopping Trends:

• Fractured retail activity was noted due to the volatility within the economy.
• While spending during the holidays shot up, sectors exhibiting strong sales could not compete with the stragglers.

Travel Chaos:

• The storm’s movement out of the Midwest left many issues, including travel disruptions and power outages.
• Southern states suffered due to severe thunderstorms, which led to damaging flood waters, resulting in localized flooding.

Political Dynamics:

• The Trump Administration finalized cabinet appointments, with additional discussions around significant positions in education, public safety, and several other sectors.

December 22, 2023

Present Recovery Actions:

• The communities affected by the winter storm have started recovering.
• Their aim was to clear the roads and get the power back on.
• Emergency services evaluated the damage to any infrastructure.

National Insights:

• Once more, various media outlets were writing about significant developments of the year,
• This refers to the end of 2024, which does not seem to have ended gun violence, climate change, or political unrest.

This summary outlines the relevant news and developments related to the US events from December 16 to December 22, 2024, emphasizing the school shooting and its consequences, extreme weather events, and political changes within the country.

https://www.youtube.com/watch?v=JQlziWgJ6aI&ab_channel=EVAArtesManuais

Crucial developments are changing the country as a whole in the US as of 18th December 2024.

A detailed summary is given below: Political and Government Measures

Banning of US investments in China

The American Congress is about to vote on the laws prohibiting Americans from investing in Chinese technology, targeting artificial intelligence and microelectronics. This effort is designed to resolve issues regarding national security as it shows measures to concern about the packages to fund the government so that federal activities continue until the middle of March.

Renovation of RFK Stadium

The American Congress has passed a bill that will allow Rexon to redevelop the RFK stadium in the district ardent S Senior Sc and lease it for 99 years. This will allow the Washington commanders to return to their esteemed location rent-free.

Economic Indices Housing Market Update

US single-family home building saw a strong upturn in November after a slump caused by the hurricane. US housing starts were up by 6.4%, reaching 1.011 million units on an annual basis. Recent cuts in interest rates by the US Federal Reserve have seen the average 30-year fixed mortgage rate floating around 7, affecting the housing market as well.

Transportation and Communication

Increase in the Number of Flights Operating from Washington Reagan National Airport

The US Department of Transport has confirmed five extra daily round trips from Washington Reagan National Airport.

Flights to STL, Seattle, San Francisco, Las Vegas, San Diego, and San Antonio will soon be available through United, American, and Delta airlines. These are new developments that will be available in 90 days.

Sports Segment

Significant changes have occurred recently for the Washington Commanders, who have signed Tyree Jackson as a Tight End on their practice squad. Additionally, their week 17 game against the Atlanta Falcons has been moved to SMT for its playoff participation. The team is currently reviewing the legislative news regarding the RFK stadium location.

Safety and Education

A tragic mass shooting incident took place at the Abundant Life Christian School located in Madison, Wisconsin. The Authorities stated that a 17-year-old child was the perpetrator, opening fire and killing two children while injuring five and eventually killing himself, all during a school event. The community is left devastated, and the police are investigating the shooting.

Technology/ Security

Various regions in New Jersey are beginning to voice concerns regarding the unidentified drones hovering over the area.

Federal agencies are investigating these events and the reason for the use of drones and have urged the public to report unusual drone activity.

Transitioning Politics

Donald Trump has been regularly making cabinet announcements and policy appointments, with recent updates about the current presidency and electoral results. Discussions are ongoing about decreasing funds for the implementation of charging stations and defunding electric cars, which suggests a change in energy and environmental strategies as a result of the new president.

This would encompass varied political events within the United States, new policies, economic reports, infrastructural growth, sporting events, and safety from farm technological growth.

Since December 17, 2024, the country has witnessed key developments that have impacted the U.S. Here is an in-depth summary:

Federal Funding and Disaster Aid

Congress is reportedly close to inking a funding deal to keep all federal government services running until March 14. This bipartisan agreement allocates more than $100 billion for emergency relief to aid local and state authorities recover from natural disasters such as hurricanes Milton and Helene. Additionally, $10 billion has been allocated in aid for farmers.

The House is expected to vote on the agreement to avert a partial lockdown on government services and allow the decisions regarding the budget to be made after the new president-elect, Donald Trump, and Congress are in place. This vote is believed to push the trimming deadline to January.

Recent East Coast Mysterious Drone Sightings

The FBI and Department of Homeland Security have stated that many of the reports of unexplained drone activity that have surfaced from several East Coast states are civilian, recreational, or police drones, as well as aircraft.

There is no evidence that these UAVs pose any danger to the general population. Instead, they claim that there is a concern for drone surveillance and, therefore, many suspected incidents of antisocial behavior. Dazzling light meters are currently being conducted.

Tragic School Shooting in Wisconsin

Wisconsin School Shooting Update: The Mother is Presently Charged With Closer for the Investigation.

A male student and a teacher were shot dead by Ms Natalie Rupnow, 15. During the attack, she was armed with a 9mm pistol, which she used to open fire.

The incident took place at Abundant Life Christian School, located in Madison, Wisconsin, and it left six individuals hurt. Rupnow ended up taking her own life later on. Her community is currently grieving, and there have been fierce protests requesting the Wisconsin and American politicians to step up and put stricter regulations around gun ownership.

Environmental Concerns at the Hanford Site

Surrounded by leaking tanks and containing 56 million gallons worth of nuclear waste, it is one of the most heavily taken care of sites ever to exist.

The site underwent serious clean-up procedures to gain the vocal documentation that had been prepared since 1989. To tackle the nuclear waste issue, they turned it into glass only to make the long-term storage sit better in glass for a long time. This might be one of the most expensive projects, with costs potentially reaching the hundred billion dollar range, and might take decades to clean up completely. However, major concerns like groundwater contamination and leaking tanks are still hot topics for debate and discussion.

Economic Developments and Market Movements

• The Federal Reserve expects to go for another rate cut in the final meeting of the year.
• Political instability in Canada and Germany has resulted in turmoil in U.S. Treasury bonds.
• Long-term neutral rates are suggested to remain above 3, with the addition of long-term projections hinting at only two permitted cuts next year.
• Furthermore, Donald Trump’s plans to establish a Bitcoin reserve to eliminate the national debt have raised additional red flags among market analysts.

Sports Highlights

In the NFL, covering defender Marshon Lattimore’s endeavors have paid on the trade for the Washington Team in their showdown against the Eagles. Community efforts and field exploits define rookie quarterback Jayden Daniels, who recently gifted 100 local kids bicycles. With key performances by players Daniels and Terry McLaurin, the team’s performance this season has only ever been matched in terms of initial performance in 1992.

Political Calendar

Important dates in the U.S. political calendar that coincide with the end of the year are December 17, this year, when the electors of the U.S. president and vice president will meet in their respective capitals to cast their votes for the President and Vice President.

As mentioned, the 119th Congress, with the inauguration of the U.S. president and the formal certification of the election results, will begin on January 3, 2025. These events emphasize the context of national U.S. news as of December 17, 2024, including the passage of newly aghast public legislation, public and environmental crises, concerns, economic developments, and sporting and political events.

Summary of National U.S. Headline News for December 20 December 20, 2024

Economy and Markets

Stock Market Performance:

• On the eve of Christmas, the economy is feeling a little gray, with stock prices on the S&P 500 lowering by 0.2% and the Dow Jones Industrial increasing by 0.5%.
• Investors are shedding any hope of seeing the stock market go upward due to mixed economic data and inflation, making long-term forecasts look dismal.

Inflation Rates

The Consumer Price Index (CPI) indicated in its latest report that inflation was around 3.8%. While these numbers were slightly higher than expected, this raises questions about the Federal Reserve’s policy going forward.

Housing Market

Mortgage Rates:

• Potential housing buyers were provided respite as the mortgage rates hovered around 6.4%.
• , in the long run, this will further exacerbate the issue of housing affordability.

Foreclosure Rates:

• Recently released reports indicate that the number of foreclosure filings in various states, including New Jersey and Nevada, has spiked, calling for timely state intervention measures to curb the problem of housing affordability.

Politics

2024 Presidential Election:

• Recent polls show a close race in the Democratic contest.
• While Mr. Biden is predicted to lead, Mr. Andrew has also posed a threat as the Democratic candidates put more effort into campaigning on the primaries’ eve.

Legislation Update:

• In Congress, discussions are going around the need for a new infrastructure for rural broadband transportation.
• As a bipartisan bill is being drafted, progress on the bill seems fairly realistic to come within the next few months.

Public Health Issues

October 2022 Update: The COVID-19 pandemic has shown modest rises during this period due to the ongoing hospitalization of people, which has led to a conversation surrounding vaccination campaigns and booster campaigns against variants.

Mental Health

Mental health services have seen growth. It is important to understand the root cause of poor mental health. The federal government is aiding in the improvement of the mental health of veterans and anyone else who lacks access to it.

Environment

Severe Weather:

• Weather agencies have predicted snowfall and harsh weather for parts of the Midwest in the upcoming week.
• A severe weather warning has been issued to highlight the dramatic impacts.

Climate Change:

• The ongoing climate change in America has drastically changed many circumstances.
• The American government is maximizing efforts to rectify the growing climate change through Investments in renewable energy and strategies to reduce carbon emissions.

Social Issues strictly related to Guns and Energy.

Women and Gender Rights:

• The shooting that took place recently shed light on and revived the gun control debates.
• This event alone had a touch on gun safety advocates who lobbied the government to implement regulations around guns before the new year set in.

Education Policy

• Student debt and increased education qualifications are still the center of attention around educational reforms.
• That attention will amplify as we approach the latter part of 2025.

Technology and Innovation

Cybersecurity Concerns:

• Due to the increase in threats caused by the war, the government is making efforts to ensure security through cyber attacks and is channeling more funds into those initiatives.

Political Changes and Economy

As of December 20, 2024, the country is certainly experiencing many social issues, such as political activity and economic problems simultaneously. The end of the year will clearly show the key points for the year ahead: housing, public health, or legislative priorities.

Tech Industry Developments

Most businesses in the technology sector continue to grow unbothered. However, representatives of the advertising industry have recently seen some of the world’s largest companies, like Netflix, Spotify, and Facebook, announce massive layoffs due to the drop in ad revenues caused by the economy and other factors, worrying about the industry’s future expansion.

https://www.youtube.com/watch?v=xGtUYs5iyfA&ab_channel=CBSNews

This is an overview of the most recent national economic events as of December 16, 2024:

Economy and Inflation

The American economy continues to grow exponentially despite inflation, which is at its highest level since the 1970s, at around 2.8%, crossing the Federal Reserve’s target of around 2%.

Federal Reserve and Interest Rates

The Federal Reserve is expected to respond to the alarm that inflation has allegedly stayed too high, securing a default interest rate cut further to increase the rate to around 4.25-4.5%. In the upcoming years, policymakers are afraid to slow down rate cuts in 2025 to balance out the inflation risks.

Housing Market and Mortgage Rates

While the new forecast of around 6.3% in 2025 still maxes out at the affordable limits due to the ongoing sluggish housing market performance, home prices are projected to increase by 5% this year. Furthermore, the endless mortgage and home prices likely convince homeowners to spend extra income on renovations rather than buying new homes.

**The Stock Market and Treasuries: An Analysis**

U.S. stocks during President Trump’s tenure have risen by around 27%, and this increase can be witnessed along with the significant gains that the U.S. stock market experienced as the receiver of Donald Trump’s economic policies. As far as the bond market goes, it currently has signs of being under stress as the 10-year treasury note increase is above 4.4%. A reason for the increase could be out of concern regarding the rise in inflation promise and an increase in government spending.

Despite the above-mentioned inflationary concerns, the foreign interest in U.S. debt remains upward.

**Business Outlook: An Overview**

Those conducting business face the dual challenge of inflation, which only goes away with a careful approach to policymaking. The slow pace of rate cuts that the Federal Policy is expected to deploy means that interest rates on loans for both businesses and consumers are likely to remain high, which can impact plans for expansion and investment.

Considering everything, while the U.S. economy showcases signs of strength, inflation, housing affordability, and the prevailing market volatility remain concerning aspects to manage, which fall under the purview of policymakers and investors.

This is a brief review of recent national initiatives in different sectors of the economy as of December 16, 2024.

Economy & Inflation Rates

The United States economy is strong. Real GDP growth of 2.7% is expected for 2024, with added consumer expenditures and productivity growth.

Inflation is a problem regardless. It remains at a high annual rate of 2.8%, two percent over what the Federal Reserve stipulates as a limitation.

Federal Reserve and Interest Rates

The Federal Reserve will likely reduce interest rates by quarter points again this week, the third reduction in the current year. The federal fund’s target range is expected to be between 4.25 and 4.5 percent now. As the rate of increases has tapered off, a closer balance of inflation and labor capacity would result in rate cuts in 2025.

Stock Exchange Along With Treasuries

The economy will likely benefit from economic policies under Donald Trump’s second term, which translates into significant gains in stock markets. U.S. equities have risen by a whopping twenty-seven percent this year.

The bond markets, however, appear to be in distress as inflation appears to be a concern along with the rush for government debts for increased spending, as indicated by the increase in the yield for a 10-year treasury note to over 4.4%

As of December 16, 2024, here is a comprehensive overview of the latest national developments across various sectors:

Economy and Inflation

The U.S. economy is exhibiting robust growth, with real GDP expected to increase by 2.7% in 2024, driven by consumer spending and productivity gains.

However, inflation remains a concern, holding steady at an annual rate of 2.8%, above the Federal Reserve’s target of 2%.

Federal Reserve and Interest Rates

The Federal Reserve is expected to implement a quarter-point interest rate cut this week, marking the third consecutive reduction this year. This adjustment would increase the federal funds rate target to 4.25-4.5%. Policymakers are adopting a more cautious approach, indicating that the rate cuts may slow in 2025 to balance inflation risks and labor market strength.

Stock Market and Treasuries

The stock market has experienced significant gains, with U.S. stocks rising by 27% this year, partly attributed to economic policies under President-elect Donald Trump’s second term.

However, the bond market is showing signs of strain, with the yield on the 10-year Treasury note surpassing 4.4%. This increase reflects investor concerns about potential inflation and the growing supply of government debt to fund spending.

Housing and Mortgage Rates

The housing market is improving, as are mortgage rates and inventory, but the forecasts say otherwise. Due to a drop in mortgage rates, which are expected to touch 6.3% in 2025, home prices are expected to increase by 5 percent.

In addition, the reduction in purchasing new homes will increase home improvement spending.

Unemployment and Labor Market

The labor market remains stable as unemployment remains low and wage levels rise above inflation. The exception to this is contraction in certain industries, such as manufacturing. December saw a continuing decline in U.S. manufacturing as factory output hit 4.5-year lows.

Business Outlook

The businesses are working with a more elaborate dynamic while dealing with inflation and stagnant monetary policy.

Given that the Federal Reserve will not be slashing rates aggressively, the cost of loans to consumers and corporations could be maintained at a high level, affecting their willingness to invest or expand.

Political Developments

President-elect Donald Trump has commenced assembling his administration by making numerous important appointments. Susie Wiles has been selected as White House Chief of Staff, which is remarkable since this is the first time a woman will ever hold this position.

Also, Trump has picked candidates for various cabinet posts as he outlines the policies he wishes to pursue in the next term.

Global Political Climate

The political developments that one has recently witnessed globally present evidence of an exceptionally turbulent and transformational period. By defeating Kamala Harris, Donald Trump’s election as the President of the United States marked the end of an era of benevolent scientific rule. Other examples are the surcease of the German government’s existence over budget disagreements and the South Korean military’s declaration of martial law against a president’s wish only to have Congress reverse the situation.

To summarize, the U.S. economy may appear stable, albeit the processes of inflation, stagnancy in the housing markets, and volatility in the other markets need to be addressed. Policymakers and investors are extensively monitoring all these issues and the peculiar economic situation.

https://www.youtube.com/watch?v=2KSvn46epzU

• This discussion was modified 5 months, 2 weeks ago by  Gustan Cho.

Several important issues are affecting the national outlook of the United States as of December 19, 2024.

The Following is a Detailed Summary:Government and Politics

Potential Government Shutdown:

• The U.S. Congress faces a possible government shutdown after President-elect Donald Trump declined the bipartisan spending bill while requiring that he remove the debt ceiling.
• A partial government shutdown will begin on Saturday if a new agreement is not reached.
• It will interrupt numerous government activities and result in more than 2 million federal employees being unable to receive their pay.
• Social Security payments, for example, are likely to be uninterrupted.

Financial Times Person of the Year

Donald Trump has been conferred the title of the Financial Times Person of the Year 2024 as he made a startling return in the political arena. This regard comes alongside the endorsement of substantial deregulation, tax reductions, and paradigmatic changes toward right-wing policies. Such plans include aggressive measures, including mass deportations, alongside stricter measures attempting to quell liberal institutions, which bear substantial repercussions across domestic and foreign business scenarios.

Public Health

Life Expectancy Increases:

• According to the America’s Centre for Disease Control and Prevention (CDC), the average American lifespan expanded for almost an entire year in 2023, reaching around 78.5 years.
• The advancement has certainly been correlated with decreasing rates of prominent causes of death, including COVID-19, heart disease, and even drug overdoses.
• Nevertheless, the rate of advancement has reduced, which could mean the world is heading back to a less optimal state.

Taking Climate Action

Goals Set By The Biden Administration:

• The Biden team has projected that the United States will decrease greenhouse emissions by 61% and 66%.
• By doing so, its goal is to cut methane emissions by a minimum of 35% by 2035.
• Such action appeals to state and local leaders, especially since they are expected to take a step forward in climate action, regardless of what the Trump presidency would entail for them.

Legal Proceedings and Crime

Murder of United Health Care CEO:

• Luigi Mangione, a known hate-filled individual targeting the Healthcare system, has recently been charged with the murder of a CEO.
• He has been termed as a stalker, claiming it was only political reasons that led him to kill the United Health Care president. He was arrested after a search when the political motivations turned violent, and guns were used.

Washington Stadium Construction

Trump’s embarrassing decision to pull out of constructing a new garden for Washington’s RFt led to further construction delays.

The events have caused speculation in the public space and disinformation, e.g., Elon Musk. If the site is affiliated with the Washington Commanders football team, its fate remains in the air.

Such developments, including political stalemates, health care developments, climate change programs, court cases, and construction works, demonstrate a particular era of vigor in U.S. national life.

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National U.S. Headline News Summary for 19 December 2024 - Search Videos

National U.S. Headline News Summary for 19 December 2024 - Search Videos

Congratulations to former President Donald Trump. On November 5th, 2024, Former President Donald J. Trump and Senator JD Vance won the Republican ticket to the White House. Kamala Harris and her running mate Tim Waltz lost the Democrat ticket to the Presidency after Kamala Harris spent $1 billion dollars and is $20 million in debt. There are still staff members who are due their paychecks and are waiting.

Here are a few relevant points to consider:

Political Implications of Election Results

Impact on the Republican Party: Trump’s nomination could unify different factions within the GOP or exacerbate divisions, depending on how his campaign is received by various voter demographics.

Democratic Strategy Moving Forward: The outcome of Kamala Harris and Tim Walz may prompt the Democratic Party to reassess its strategies, messaging, and candidate selection for future elections.

Campaign Financing: The mention of significant campaign spending and debt raises questions about campaign finance regulations and money’s political influence.

Staff and Campaign Management: The situation with unpaid staff can affect morale and the overall effectiveness of a campaign. It highlights the importance of financial management in political campaigns.

Voter Sentiment: Understanding voter sentiments and the issues that matter most to them will be crucial for both parties’ preparations for the general election.

https://www.youtube.com/watch?v=9iCphDSLvVQ

It’s over folks. Comcast, the parent of MSNBC is up for sale. Viewership at MSNBC dropped 51% due to anti-Trump and anti-Republican stance. Major layoffs is also expected. On another note, CNN lost 21% of its Viewership

The mainstream media is on life support.

It is reported that Oprah Wilfrey was paid one million dollars by the Kamala Harris campaign. The Democrat Party is deteriorating and deteriorating fast

Many Democrat states are losing citizens changing parties to the Trump Team.

https://www.youtube.com/live/rdyMVnYBw1w?si=ZIiFLCLNsh7HI4DB

Breaking: The World’s 🌎 🗺 🌏 🌐 🌍 MOST UNLIKED & THE WORLD’S BIGGEST LYING HUMAN BEING, KAMALA HARRIS has gone postal folks. The fact-checked incompetent Kamala Harris has exploded 🤯 💥 😳 😂 and 🇺🇸 had her Howard Dean moment and it has been recorded on video. This is breaking NEWS and the American people can now see that it is NOT just President Joe Biden has mental illness and mental stability issue. Please click 🙏 the video link below:

https://rumble.com/v5j7joc-kamala-harris-just-had-her-howard-dean-moment…-shes-done.html

rumble.com

Kamala Harris just had her "Howard Dean" moment... she's done

This was Kamala Harris' "Howard Dean" moment.

“Usually the disinformation we saw was pro-Trump… We’ll investigate, and then it goes just up to another team to take it [the post] down,” admits Matthew Fowler, a Software Engineering Manager at Meta, during an undercover date with an O’Keefe Media Group journalist. Fowler emphasized that Meta’s investigations often rely on mainstream media for verification, stating, “The news is going to do their job, and then based on what the outlets say… you have to trust that.”

Plamen Dzhelepov, a Machine Learning Engineer at Meta, agreed, “Meta has the right to suppress anything,” acknowledging the company’s political bias by noting, “they’re biased if they do that against the Republicans.” Dzhelepov detailed Meta’s censorship capabilities, confirming they target “crazy conspiracy right-wing people,” actively demoting their opinions.

Michael Zoorob, a Data Scientist at Meta, described the fact-checking process, stating, “the fundamental problem is that… the vast majority of what fact-checkers label as false is shared by conservatives,” admitting that any policy demoting content labeled false by fact-checkers disproportionately affects conservatives.

When addressing misinformation, Dzhelepov explained Meta’s approach: “it’s either censored or it says a [community note] thing, where it says, ‘this is disinformation, it’s probably fake’ under the post,” adding that Meta “actually suppresses certain voices.” Zoorob also recalled how Meta had downranked the Hunter Biden laptop story upon the FBI’s warning, stating, “We just downranked it,” making the post less visible in users’ feeds.”

https://youtu.be/raKq0yKadSk?si=g8EjZPP_iY7VeT4d

Most Americans are aware that many people from different walks of life hate former President Donald Trump. I have never witnessed the hatred people can have against one person. I will try to keep the tone of this post as objective and neutral as possible and base the content on FACTS. I want to compare which candidate is the best leader as President to be the Commander in Chief of the United States. Suppose you can focus on facts and comment on which candidate will be the best President in the best interest of America and the people of the United States so we remain the leader of the free world 🌎. In that case, we can Unite our country and get back to being Americans with one goal in mind: What’s best for our livelihood, the livelihood of our children, the livelihood of our grandchildren, and the livelihood of our future generations? The way our country is divided and the hatred that exists is not healthy. It’s more of a crisis and equivalent of stage 4 cancer. More and more Americans are beginning to speak out and not remain silent. Nobody is above the law. Not Trump, Not Biden, Not Kamala Harris. We don’t have to like or love Trump. However, take a step back and compare Joe Biden, Kamala Harris, and Donald Trump. Who is the best man for the job? Who’s the man who can get us out of the rathole we are in? Who is the man who can get rid of the lying, corrupt, and politically infested system that is destroying America 🇺🇸? Let’s get a thread on your thoughts and opinions on making America a country that the entire World would envy. Let’s brainstorm and become a country of the people. A country of honesty, integrity, pride, honor, and the country helping and caring for people. Let’s decimate corruption, fraud, Treason, and criminals who commit crimes against humanity.

https://youtu.be/IxLRdE5kOkU?si=YIHoVsKn9IXECYaU

https://youtu.be/IxLRdE5kOkU?si=YIHoVsKn9IXECYaU

It’s a real shame how people and corporations treat the elderly in 2024. These people have worked their entire lives and supported and raised families. If it weren’t for them, we would have nothing. Yet they are being discarded once they have been sucked dry of all their money, even when having a lifetime contract to live in a senior living facility.

https://youtu.be/8XKlIGGTNWY?si=_1IfrU62Cq0cGO4q

Kamala Harris is the nation’s biggest laughing stock. Kamala Harris is hands down the biggest jackass. Her accent imitation makes her become the dumbest Global idiot, including for the DEMOCRATS. Kamala Harris is such a FAKE. It is also alleged Kamala Harris is a severe alcoholic—more on this rambling idiot Kamala Harris. The incompetent Kamala Harris is a major embarrassment and disgrace. She’s one disgusting, unlikeable, lying, uncreditable, flip-flopping, mentally deranged subhuman blizzard piece of shit.

https://youtu.be/dvjWFuRvZRU?si=GnRDtHAKzkxXhcu1

California homeless problems is getting out of control that it’s attracting global attention. California Politicians have long ignored the serious homeless problems. Many outsiders consider California’s homeless crisis as inhumane and borderline criminal on Politicians especially the Governor of California. Central and Southern California have mild weather where homelessness is a year around crisis. California homeless people have no access to shelter, water, fresh clothing, healthcare, and poor sanitation. Homelessness takes 25 years from a person’s life. Governor Gavin Newsom visited homeless areas in San Francisco and said that the area looks like a third would country. Why is Gavin Newsom all of a sudden showing concern after decades of homelessness throughout the state of California? You got it. The 2024 Election and making California loo better.

https://youtu.be/nSuAoGAX7_E?si=8xu4PoqjrGIeJY48

It’s about time to expose human traffickers and pedophiles at all levels. The mainstream media, politicians, Hollywood Elites, far left liberals, and Globalists cannot cover it up anymore. Pedophilia is becoming an epidemic on a global scale and if the good guys continue to be quiet and not speak up, they are no different than the evil worshippers of Satan. Hollywood Superstar Mel Gibson is speaking out about Oprah Winfrey who has a history of harvesting trafficking of children and Pedophilia. Watch this YouTube video clip about Mel Gibson speaking out on Oprah Winfrey. Just unfreaking believable.

https://www.facebook.com/share/v/KQodZAkzHQcVpMis/?mibextid=NqTh7c

facebook.com

HOLLYWOOD IS DONE!! OPRAH IS PISSED!! Mel Gibson Exposes Oprah's SECRETS That Nobody Knew About | HOLLYWOOD IS DONE!! OPRAH IS PISSED!! Mel Gibson Exposes Oprah's SECRETS That Nobody Knew About | By Grav3yardgirl fansFacebook

HOLLYWOOD IS DONE!! OPRAH IS PISSED!! Mel Gibson Exposes Oprah's SECRETS That Nobody Knew About

It is no rocket science Kamala Harris has no respect. Listen to Kamala Harris babble

https://www.facebook.com/share/ZGqK6LWckR9hBRzf/?mibextid=21zICX&startTimeMs=18490

facebook.com

TᕼE ᖴlVE 2/9/24 ᖴᑌᒪᒪ HD | TᕼE ᖴlVE 2/9/24 ᖴᑌᒪᒪ HD | By Melanie Harmon | Facebook

TᕼE ᖴlVE 2/9/24 ᖴᑌᒪᒪ HD

Doctor Carol Lieberman reports Jill Biden to the state mental health authorities for Elderly Abuse. Dr. Lieberman reported Jill Biden for abusing her senile husband Joe Biden to state mental health authorities. She said it is obvious Joe Biden is suffering from dementia and is in no shape or form to work let alone run for reelection. More to come.

https://youtu.be/t59NKXcemEQ?si=t86iIOgrlT1DZwtL

The verdict is in on former President Donald Trump’s trial in New York. Former President Donald Trump has been found guilty on all 34 charges in his hush money case. Never before in history has a former president of the United States been tried after they left office of the Presidency. This trial of former President Donald Trump was politically motivated with many things wrong with even going to trial. No doubt the trial was politically motivated due to the fear and panic of former President Donald Trump running for office of the Presidency of the United States in November 2024. The charges against President Donald Trump are related to falsifying business records to conceal a $130,000 payment made to adult film star Stormy Daniels. This payment was part of an effort to prevent Daniels from going public with her claims about a 2006 encounter with Trump. This historic conviction marks Trump as the first former U.S. president to be convicted of felony crimes. The jury deliberated for 9.5 hours before reaching their verdict, which involved examining numerous invoices, vouchers, and checks connected to the reimbursement payments made to Trump’s former lawyer, Michael Cohen, who initially covered the payment to Daniels. The sentencing for Trump is scheduled for July 11, just before the Republican National Convention where he is expected to be nominated as the 2024 presidential candidate.

https://www.youtube.com/watch?v=NM1v-Tyvvso&list=RDNSNM1v-Tyvvso&start_radio=1

AI is here to stay, but the real concern should be Quantum Computers, China is developing a new computer that may be 1000s of times faster than what we are using know. When developed they can hack into ALL accounts and render the economy of the USA helpless.

The ascent and descent of Montgomery Ward plus Sears, Roebuck & Co. are among the most interesting tales in American retail history. The rise and fall of these two businesses are given as follows:

Montgomery Ward:

Origins: Aaron Montgomery Ward founded it in 1872. He also invented the mail-order catalog business concept.

It grew rapidly during the late 19th and early 20th centuries, in the 1920s, retail stores.

Demise: In the mid-20th century, it struggled to compete against Sears. It should have adjusted to new retail landscapes. It suffered multiple bankruptcies followed by restructurings. Ultimately, it closed down operations in 2001.

Sears, Roebuck and Company:

Founding years: Richard Warren Sears and Alvah Curtis Roebuck started it in 1892. By the mid-20th century, it became America’s largest retailer. I ventured into insurance, real estate, financial services, etc.

Kenmore and Craftsman were some of the popular brands they introduced.

Fall: Competition from discount retailers like Walmart became too intense during the 1980s and 1990s. E-commerce, together with shifting consumer preferences, posed major challenges for them. Merged with Kmart in 2005 but still faced decline until recently when filing for bankruptcy protection. Since then, most stores have been closed except for a few remaining ones. Key factors contributing to their downfall include adapting to new retail trends and increasing rivalry from cheap vendors and online sellers. Leadership incompetence coupled with wrong strategic choices made over time. There is too much of a burden associated with upkeep costs for many physical outlets. These examples show how difficult it can be for companies within the retail sector to respond flexibly enough to changes in markets or customer demands.

https://youtu.be/J5Rh0qlcp4g?si=R96dxakCwuzvF6SU

• This discussion was modified 10 months, 3 weeks ago by  Gustan Cho.

Worthwhile video from Santa’s Surfing Worthwhile Watching.

https://rumble.com/v53rz09-6252024-julian-free-fed-reserve-hacked-big-pfizer-lawsuits-greatness-from-g.html

rumble.com

6/25/2024 - Julian Free - Fed Reserve Hacked - Big Pfizer lawsuits! Greatness from God!

ARTICLE LINKS: www.BeachBroadcastNews.com SPONSORS: www.BeachBroadcastNews.com/sponsor DONATIONS FOR FAMILIES IN NEED: www.beachbroadcast.org TRUMP CARDS AND ITEMS https://www.beachbroadcastnews.com/t

There are millions of secret facilities being built in all 50 states. We are talking 11 million plus secret facilities being built in all 50 states. These facilities are detention facilities. So what purpose does these detention facilities to house? Illegal immigrants? That’s a negative. You need to go back to the NAZI Concentration Camps. So who is quarterbacking all this? Is it Joe Biden Administration? Is it the Globalists? Mayorkis keeps on asking for more money to build secret detention facilities to build in all 50 states.

https://youtu.be/kkrQ8ZRsQ8U?si=cxxRRrSQXV9ktz_b

James O’Keefe an undercover journalist and former President of Project Veritas went on a date with a gay senior White House Cyber Security Executive Advisor confirming Dementia Joe Biden does have Dementia and is Senile. Also mentioned is Kamala Harris is not liked and not respected by staff members and senior White House advisors

https://youtu.be/UfAvM7c4Jz0?si=IES5sHCVpkDPrg7O

G-7 is supporting Black Rock buying World’s Infrastructure. The more land and real estate they buy, the more control Blackrock will have. Bill Gates, who is an outspoken supporter of human depopulation has started buying farm land in Arkansas and other states so he can get control of the nation’s food supply thereby controlling population in the United States. This is a disgusting act of malice because I think he’s planning on starving people to death.

https://rumble.com/v51svc4-neo-feudalism-g7-supports-blackrock-buying-up-worlds-infrastructure-to-make.html

rumble.com

Neo-Feudalism: G7 Supports BlackRock Buying up World's Infrastructure, to Make Rich Even Richer

Neo-Feudalism: G7 Supports BlackRock Buying up World's Infrastructure, to Make Rich Even Richer - POLITICIANS HAVE SOLD US OUT - BILLIONAIRES ARE BUYING YOUR FUTURE - 16,254 views • June 15, 2024 Geop

Joe Biden is expected not to run for 2024 Presidential election. So who will face Donald Trump for President in 2024? Kamala Harris? Gavin Newsome? Michelle Obama? Who can destroy the United States.

https://youtu.be/bN6Bq58voW4?si=tTL3P2WadP0Rj7RM

In my opinion, investing in a college education is a total waste of money and time unless you are going to college for a vocational education like plumbing, electrical, mechanic, engineering, computer, technology, or other job training higher education. Of course this doesn’t include going to college to become a doctor, nurse, dentist, teacher, lawyer, architect, mathematician, physicist, or other vocational education. Joining the military is the best education in the world or a junior college to train for a career. Look at this informative video from John Stossel about the College Scam.

https://rumble.com/v4y7h66-the-college-scam.html

rumble.com

The College Scam

Congratulations to the new college grads…. But Economist Bryan Caplan says FEWER people should go to college. Here’s why:

West Virginia Senator Joe Manchin leaves the Democrat Party one day after Donald Trump’s guilty verdict on 34 felony charges. It’s coming faster than expected, folks. Donald Trump’s charges, trial, and guilty verdict is backfiring on the Democrats. I expected Trump guilty verdict backfiring on the Democrats but not this fast. More political chaos is expected in the coming days a weeks. Fatman Alvin Bragg is gleaming with joy saying he did his job. Fatso Alvin Bragg has been vowing to bury Former President Donald Trump.

Senator John Kennedy (R-LA) takes the Senate Floor to address the rampant widespread sexual harassment at the FDIC. FROM racial comments to sexual innuendos, to high ranking FDIC officials visiting brothels, the FDIC is totally out of control. Self enforcement of the agency is not possible because the abusive behavior is from top on down. Recent reports have highlighted serious issues of sexual harassment and misconduct at the Federal Deposit Insurance Corporation (FDIC). An independent review conducted by the law firm Cleary Gottlieb, commissioned by the FDIC’s Special Review Committee, revealed pervasive sexual harassment, discrimination, and bullying within the agency. The investigation, which included accounts from over 500 current and former employees, found that these behaviors were tolerated by senior leaders for years, with complaints often met with retaliation instead of being properly addressed.

The report criticized the FDIC’s “patriarchal, insular, and risk-averse culture,” stating that management’s response to allegations of misconduct was “insufficient and ineffective.” It detailed incidents of senior executives pursuing romantic relationships with subordinates and other inappropriate behaviors. Despite these findings, the report stopped short of recommending the removal of FDIC Chair Martin Gruenberg, although it questioned his ability to lead the necessary cultural transformation.

In response to the findings, Gruenberg expressed his remorse and committed to implementing the report’s recommendations, which include establishing an anonymous hotline for reporting misconduct, developing a more transparent process for handling complaints, and ensuring better support for victims.

The situation has sparked calls from both Republican and Democratic lawmakers for significant changes at the FDIC, with some demanding Gruenberg’s resignation. This controversy not only highlights the immediate need for reform within the FDIC but also raises broader concerns about leadership and accountability in government agencies.

For more detailed information, you can refer to sources like Politico, the FDIC’s official report, and Reuters.

See the video clip of Senator John Kennedy.

https://youtu.be/zf3D3vq7bGQ?si=7OwNHPb7tGF7dYg1

• This discussion was modified 1 year ago by  Gustan Cho.