All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
Rep. Judy Chu (D-CA) is leading a campaign urging the Biden administration to shut down the privately run Adelanto Detention Center, an Immigration and Customs Enforcement (ICE) facility located near Los Angeles. Chu, joined by fellow Democrats, made her plea during a press event outside the U.S. Capitol on Wednesday, citing years of alleged misconduct and abuse at the facility.
Although President-elect Donald Trump has yet to take office, the promise of stricter border enforcement is already deterring many would-be illegal immigrants from attempting to enter the United States. According to reports, a growing number of migrants stranded in Mexico are seeking to return to their home countries, disillusioned by the risks and dwindling opportunities to cross the border under Trump’s upcoming administration.
Hamas issued a stark warning against further Israeli rescue operations, threatening to "neutralize" its hostages if such actions occur. The threat came in an internal statement dated November 22, obtained by Reuters, and disseminated by the Izz el-Deen al-Qassam Brigades, Hamas' military wing.
Belgian authorities have launched a fraud investigation into former European Union Justice Commissioner Didier Reynders, just days after his term ended. The probe, announced Wednesday, centers on potential money laundering activities, according to the Brussels prosecutor general’s office.
Authorities are investigating a series of unexplained drone sightings near President-elect Donald Trump’s Bedminster golf course in Somerset County, New Jersey. The Federal Aviation Administration (FAA) has responded by restricting drone flights over the Trump National Golf Club and nearby Picatinny Arsenal Military Base.
President-elect Donald Trump reportedly joked to Canadian Prime Minister Justin Trudeau about annexing Canada as the 51st U.S. state if trade tariffs prove too challenging. The comments were made during a dinner at Mar-a-Lago last Friday, according to multiple reports.
President-elect Donald Trump has reaffirmed his opposition to the proposed $14.9 billion acquisition of U.S. Steel by Japanese company Nippon Steel. Trump pledged to block the deal, continuing the stance taken by the Biden administration earlier this year. He proposed stronger tariffs and tax incentives to reinvigorate the iconic steel company and prevent it from relocating its operations out of Pittsburgh.