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U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

North Korea Supplying Ballistic Missiles to Russia for Use in Ukraine

North Korea has demonstrated the ability to manufacture ballistic missiles and supply them to Russia for use in Ukraine within a matter of months, according to Jonah Leff, head of Conflict Armament Research (CAR).

Sen. John Fetterman Open to Meeting Trump Nominees Before Confirmation Votes

Sen. John Fetterman (D-PA) stated his intention to meet with President-elect Donald Trump’s nominees before deciding on their confirmations, underscoring his duty as a U.S. Senator to approach the process with an open mind.

RFK Jr. Earned Millions in 2023 Despite Presidential Campaign and Vaccine Skepticism

Robert F. Kennedy Jr., President-elect Donald Trump’s nominee for Secretary of Health and Human Services, earned approximately $10.7 million in 2023, with much of his income stemming from his work with various law firms and his leadership of a vaccine-skeptic nonprofit. According to recently amended financial disclosures filed as part of his presidential campaign, Kennedy also holds significant assets, including between $500,001 and $1 million in Bitcoin and commercial real estate in Chicago worth hundreds of thousands of dollars.

New Lithuanian Furniture Plant in Mocksville to Create 250 Jobs

A $70 million furniture manufacturing plant planned by SBA Home, a Lithuanian company that produces furniture for IKEA, will bring 250 new jobs to Mocksville, North Carolina, thanks to significant state and local incentives. The North Carolina Economic Investment Committee approved a $1.4 million job development investment grant, to be distributed over the next 12 years, while Mocksville and Davie County contributed $800,000 in incentives to support the project.

Full Federal Recognition for Lumbee Tribe Moves Forward with House Passage

The push for full federal recognition of the Lumbee Tribe of North Carolina has taken a significant step forward with the U.S. House of Representatives passing the Lumbee Fairness Act. The bill, which aims to provide federal services and benefits to the Lumbee people, passed with a vote of 311-96 on Tuesday. While the bill received broad support, it also saw opposition from Reps. Virginia Foxx (R-N.C.) and Chuck Edwards (R-N.C.). Notably, Reps. Patrick McHenry (R-N.C.) and Wiley Nickel (D-N.C.) did not vote.

Rep. Thomas Massie Breaks with Speaker Mike Johnson Over Controversial Spending Bill

Rep. Thomas Massie (R-KY) has become the first Republican to publicly announce he will not support Speaker Mike Johnson (R-LA) in the upcoming January speakership vote, following backlash over a massive spending bill released Tuesday evening. The bill, a 1,537-page continuing resolution (CR), has sparked outrage among conservative lawmakers, who argue it contradicts the mandate given by voters in the November elections.

Nineteen Suspected Tren de Aragua Gang Members Arrested After Violent Home Invasion in Aurora

Nineteen suspected members of the Venezuelan Tren de Aragua (TDA) gang were arrested this week following a brutal home invasion in Aurora, Colorado.

Biden Administration’s LNG Report Challenges Trump’s Export Plans

The Biden administration’s Energy Department released a report that could complicate President-elect Donald Trump’s plans to promote liquefied natural gas (LNG) exports.

Beethoven, Famous Composers, and sacred Christmas music – American Minute with Bill Federer

Many famous composers wrote classic Christmas music. In 1741, George Frideric Handel wrote his oratorio Messiah. In 1734, Johann Sebastian Bach wrote his Christmas Oratorio. Twenty years after composer Bach died, Ludwig van Beethoven was born in Bonn, Germany, and...

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