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US   MARKETS  
How much will a $50,000 home equity loan cost monthly after the December Fed rate cut?
- The Federal funds rate is now at its lowest level since 2022.  That was the big financial news on Wednesday afternoon after the Federal Reserve issued another interest rate cut , this time in the amount of 25 basis points. The cut was the third such one in the last four months, dropping the federal funds rate to a range of 3.50% to 3.75%. Now at its lowest level since November 2022, the cut could open up new, ...

Source: cbsnews.com
US   BUSINESS  
Gartner urges businesses to 'block all AI browsers' - what's behind the dire warning
- Analysts suggest that agentic browsers create an unacceptable risk for CISOs today, with data exposure now a top security concern - but far from the only one. Follow ZDNET:  Add us as a preferred source  on Google. ZDNET's key takeaways Businesses should steer clear of agentic browsers for now, analysts from research firm Gartner have warned.  Agentic browsers, otherwise known as AI browsers, are ...

Source: zdnet.com
US   POLITICS  
The Unlikely State Where Democrats Could Turn U.S. Politics on Its Head
- No, Democrats Shouldn't Give Up On Texas After a string of disappointments, the party is tempted to give up on ever turning the state blue. History shows that that's a mistake. to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. In 2018 U.S. Rep. Beto O'Rourke broke state fundraising records and sparked national attention with his campaign for a Texas Senate seat. ...

Source: slate.com
US   POLITICS  
U.S. seizes sanctioned oil tanker off Venezuela
- The United States has seized a crude oil tanker accused of transporting sanctioned oil from Venezuela and Iran, according to Attorney General Pamela Bondi. The vessel was taken in a coordinated operation involving multiple federal agencies. The seizure occurred on Wednesday off the coast of Venezuela, where personnel from the FBI, Homeland Security Investigations, and the U.S. Coast Guard, with support from the ...

Source: bnonews.com
US   POLITICS  
Justice Department can unseal records from Epstein's 2019 sex trafficking case, judge says
- NEW YORK (AP) — Secret grand jury transcripts from Jeffrey Epstein's 2019 sex trafficking case can be made public, a judge ruled on Wednesday, joining two other judges in granting the Justice Department's requests to unseal material from investigations into the late financier's sexual abuse. U.S. District Judge Richard M. Berman reversed his earlier decision to keep the material under wraps , citing a new law ...

Source: apnews.com
US   POLITICS  
Trump's speech on combating inflation turns to grievances about immigrants
- MOUNT POCONO, Pa. — On the road in Pennsylvania on Tuesday, President Donald Trump tried to emphasize his focus on combating inflation, yet the issue that has damaged his popularity couldn't quite command his full attention. The president told the crowd gathered at a casino and resort in Mount Pocono that inflation was no longer a problem and that Democrats had used the term "affordability" as a "hoax" to ...

Source: npr.org
US  
Trump administration moves to end the SAVE plan for millions of student borrowers
- The Trump administration has reached an agreement that could end President Biden's signature student loan repayment plan, a move that may force millions of borrowers back into repayment. The Education Department on Tuesday announced a proposed settlement with the state of Missouri that it said would terminate the Saving on a Valuable Education, or SAVE, plan, an income-driven repayment plan that tabulates loan ...

Source: cbsnews.com
US   POLITICS  
Obamacare subsidies not extended in GOP bill leaving 24M Americans with dire choices
- Stay up to date with notifications from The Independent Notifications can be managed in browser preferences. Swipe for next article This comes as the Senate tees up a vote on its plan for its own health care bill House Speaker Mike Johnson said that the House of Representatives will not vote to extend the enhanced tax credits for Obamacare, leaving more than 22 million at risk of losing their health insurance. ...

Source: independent.co.uk
US   POLITICS  
Exclusive-US threatens new ICC sanctions unless court pledges not to prosecute Trump
- By Humeyra Pamuk WASHINGTON, Dec 10 (Reuters) - President Donald Trump's administration wants the International Criminal Court to amend its founding document to ensure it does not investigate the Republican president and his top officials, a Trump administration official said, threatening new U.S. sanctions on the court if it did not. If the court does not act on this U.S. demand and two ​others - dropping ...

Source: aol.com
US   POLITICS  
Miami election was a 'shot in the arm' for Dems but careful calling it a comeback
- Opinion articles provide independent perspectives on key community issues, separate from our newsroom reporting. Miami election was a 'shot in the arm' for Dems but careful calling it a comeback | Opinion By the Miami Herald Editorial Board The analysis and punditry of the results of Miami's Tuesday night election started even before Eileen Higgins, a Democrat, won the mayoral race. There's no doubt this was a good ...

Source: miamiherald.com
US  
Judge blocks Trump administration's deployment of national guard troops in Los Angeles
- Judge ordered the guard, deployed to the city in June, returned to the control of the California governor A US judge on Wednesday morning blocked the deployment by the federal government of national guard troops in Los Angeles and ordered the guard returned to the control of the California governor, a court filing showed. The Trump administration is being challenged in federal court over its authority and rationale ...

Source: theguardian.com
US  
OCC Enables Banks to Act as Crypto Brokers
- Banks can now match crypto buyers and sellers through riskless principal trades The Office of the Comptroller of the Currency (OCC) has confirmed that banks will be allowed to act as intermediaries on crypto transactions. The regulator has issued updated guidance stating that banks can take part in crypto transactions without facing additional regulatory scrutiny. These deals, which are already common in ...

Source: bankingexchange.com
US   POLITICS  
Court blocks Trump's ban on wind power, but other anti-renewable policies remain
- President Donald Trump's crusade against renewables was dealt a blow on Monday when a federal judge vacated a January executive order that halted wind energy development on public lands. In May, 17 states and the District of Columbia filed suit against Trump over the order, which directed federal agencies to "not issue new or renewed approvals, rights of way, permits, leases, or loans for onshore or offshore wind ...

Source: reason.com
US  
Supreme Court struggles over whether Alabama can execute man found to be intellectually disabled
- WASHINGTON (AP) — The Supreme Court on Wednesday struggled over how courts should decide borderline cases of whether convicted murderers are intellectually disabled and should be shielded from execution. There was no clear outcome apparent after the justices heard two hours of arguments in an appeal from Alabama, which wants to put to death a man who lower federal courts found is intellectually disabled. ...

Source: apnews.com
US   BUSINESS  
Instacart responds to report that some customers are charged more than others for same items
- SAN FRANCISCO ( KRON ) – Instacart, the San Francisco-based company that operates its eponymous grocery delivery app, is responding to reports that it charged some customers more than others for the exact same items as part of an artificial intelligence-enabled experiment. The allegations stem from a study conducted by Consumer Reports , an advocacy group known as Groundwork Collaborative, and the non-profit ...

Source: wfla.com
US   POLITICS  
Judge Emil Bove Faces Ethics Complaint After Attending Trump Rally
- A conservative United States federal judge was seen attending a political rally hosted by President Donald Trump this week, prompting a nonprofit watchdog group to file an ethics complaint against him. Judge Emil Bove, who serves on the U.S. Third Circuit Court of Appeals, was nominated by Trump in June, and narrowly approved by a deeply divided Senate in a 50-49 vote the following month . Prior to his nomination, ...

Source: truthout.org
US  
Women at the top are exhausted and burned out, according to a McKinsey and Lean In report
- Women are hitting the top of the corporate ladder only to find something waiting for them: exhaustion. According to a report published Tuesday by McKinsey and LeanIn.org, a nonprofit founded by Sheryl Sandberg, burnout among senior-level women is the highest it has been in the past five years. Around 60% of these women said they have frequently felt burned out at work in the past few months, compared with 50% of ...

Source: businessinsider.com
US   MEDICINE  
FDA investigating possible adult deaths from COVID vaccines
- Getting your Trinity Audio player ready... By Madison Muller and Rachel Cohrs Zhang, Bloomberg News WASHINGTON — The Food and Drug Administration is investigating whether COVID-19 vaccines caused deaths in adults, as part of a safety review that earlier appeared to just be focused on children. The investigation, being conducted across different divisions of the FDA, comes at a time when U.S. Health and Human ...

Source: orlandosentinel.com
US  
Marco Rubio orders US State Department to revert to Times New Roman font, calling Calibri adoption 'wasteful'
- US Secretary of State Marco Rubio has ordered diplomats to revert to using Times New Roman font in official communications, calling his predecessor Antony Blinken's decision to adopt Calibri a "wasteful" diversity move, according to a leaked internal cable. The department switched to Calibri, a modern sans-serif font, in January 2023, saying it was a more accessible font for people with disabilities because it did ...

Source: abc.net.au
US  
Measles Outbreak Nears Grim Milestone as Hundreds Quarantine in South Carolina
- Reading time 4 minutes The South Carolina Department of Public Health reported 27 new cases of measles on Tuesday, all identified since last Friday, bringing the total number of identified cases in the state this year to 114. There are currently at least 254 people in quarantine in South Carolina, though the problem isn't just confined to one state. The latest figures from the CDC, which haven't been updated in ...

Source: gizmodo.com