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Today: December 18, 2025
Today: December 18, 2025

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World shares are mixed after AI worries drag Wall Street tech stocks lower

World shares were mixed on Thursday after declines for AI stocks dragged the U.S. market to its worst day in nearly a month. Traders were waiting for an update later in the day on U.S. inflation, and on a decision Friday by Japan’s central bank on interest rates. The Bank of Japan is expected to raise its key rate by 0.25 percentage point to tamp down price pressures, despite a contraction in the July-September quarter. Germany's DAX edged 0.2% higher to 24,007.33, while the CAC 40 in Paris gained 0.4% to 8,114.30. Britain's FTSE 100 was up 0.3% to 9,800.00.
World shares are mixed after AI worries drag Wall Street tech stocks lower
Economy

FACT FOCUS: Trump's glowing account of progress is at odds with his government's own stats

President Donald Trump's glowing account of progress under his watch Wednesday was out of tune with the experience of price-squeezed Americans and the story told by some of his government's own statistics. In a speech from the White House, Trump assailed the record of his Democratic predecessor and boasted expansively about his record so far. Not all of those boasts were credible. Among them: On inflation TRUMP: He blamed Democrats for handing him an “inflation disaster,” “the worst in the history of our country,” and said that
FACT FOCUS: Trump's glowing account of progress is at odds with his government's own stats
Economy|Political|World

Venezuela’s Maduro says Trump’s comments on land and oil reveal his true motives

Venezuelan President Nicolás Maduro said Wednesday that his US counterpart Donald Trump had revealed his true motives toward the South American country with his claim that that it had stolen US “oil, land and other assets.”Maduro said Trump’s claim showed the US was really seeking regime change along with ownership of Venezuela’s territory and resources. Previously, the US has characterized its build-up of naval forces near the country as being aimed at combating drug-trafficking.“It is simply a warmongering and colonialist pretense, and we have said so many times, and now everyone
Venezuela’s Maduro says Trump’s comments on land and oil reveal his true motives

US News

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Political|US|World

Judge blocks ICE policy restricting congressional oversight visits

A federal judge on Wednesday temporarily blocked US Immigration and Customs Enforcement from enforcing new rules limiting congressional oversight visits, finding that Democratic lawmakers are likely to succeed in their claim that the policy violates federal law governing congressional access to detention facilities.Judge Jia M. Cobb granted lawmakers’ request to stay the policy, finding that ICE’s oversight visit rules are “contrary to law and in excess of DHS’s statutory authority.” The rules, Cobb said, unlawfully prevent members of Congress from conducting unannounced oversight vi
Judge blocks ICE policy restricting congressional oversight visits
Crime|Political|US|World

Stumbles in the search for a Brown University shooter led to the wrong man

On Sunday morning, as investigators rushed to prepare a search warrant for a hotel room in Coventry, Rhode Island, FBI Director Kash Patel broke the news on social media celebrating that a person of interest had been detained in the Brown University mass shooting.Around the same time, Providence Mayor Brett Smiley announced the man’s detention from a podium, telling residents they can “breathe a little easier.”It turned out to be the wrong man.Patel’s announcement, made in a post on X, highlighted the role of the FBI in using cellphone tower data to find the alleged person of interest.
Crime|Political|US|World

Sen. Mark Kelly calls Pentagon investigation into his remarks a move to chill military dissent

Democratic Sen. Mark Kelly of Arizona said Tuesday that the Pentagon's escalating investigation into his remarks urging troops to refuse unlawful orders is part of an effort to silence dissent within the military. “This is just about sending a message to retired service members, active duty service members, government employees — do not speak out against this president or there will be consequences,” Kelly told reporters after a classified briefing from Defense Secretary Pete Hegseth, Secretary of State Marco Rubio and others about deadly strikes on alleged drug boats in L
Sen. Mark Kelly calls Pentagon investigation into his remarks a move to chill military dissent
Business|Economy|Finance|Political|Science|Technology|US|World

Senate sends Trump annual defense policy bill without changes to address bipartisan concerns on aircraft safety

The Senate passed the annual defense policy bill, sending it to President Donald Trump’s desk for his signature.Democrats and Republicans in the Senate voted overwhelmingly, 77-20, to approve the National Defense Authorization Act, which authorizes nearly $900 billion in funding for military programs, including a 3.8% pay raise for service members, and sets out the nation’s defense policy agenda.The House of Representatives approved the package last week, and Trump is expected to sign it, having previously urged its passage.Among the massive bill’s more controversial measures is a provis

World News

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Business|Economy|Political|World

Israeli PM Netanyahu announces $35 billion gas deal with Egypt as US pushes for summit

Israeli Prime Minister Benjamin Netanyahu announced a $35 billion gas deal with Egypt on Wednesday evening as the US pushes for a summit between the leaders of the two countries.In a televised statement, Netanyahu hailed the agreement as “the largest gas deal in Israel’s history.” He said the deal was valued at 112 billion shekels (approx. $34.6 billion).The deal involves American energy company Chevron and will supply gas to Egypt.“This deal greatly strengthens Israel’s status as a regional energy power and contributes to stability in our region. It encourages other companies to inv
Israeli PM Netanyahu announces $35 billion gas deal with Egypt as US pushes for summit
Economy|World

Trump gives a partisan prime-time address insisting the economy is stronger than many voters feel

President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while announcing he is sending a $1,776 bonus check to U.S. troops for Christmas. The remarks came as the nation is preparing to settle down to celebrate the holidays, yet Trump was focused more on divisions within the country than a sense of unity. His speech was a rehash of his recent messaging that has so far been unable to calm public anxiety about the cost of groceries, housing, utilities and
Crime|Political|US|World

US government admits Army and air traffic controller failures in deadly midair collision near DC

The US government now admits failures by the pilots of an Army Black Hawk helicopter and a controller in the Reagan National Airport tower during the January 29 midair collision over the Potomac River that killed 67 people.The new admission is part of court documents filed by the Department of Justice in United States District Court in Washington, DC, on Wednesday in a civil lawsuit brought earlier this year by the family of a passenger killed on American Eagle flight 5342.“The United States admits that it owed a duty of care to Plaintiffs, which it breached,” the new filing says, setting
US government admits Army and air traffic controller failures in deadly midair collision near DC
Business|Crime|Entertainment|World

The Latest: Trump addresses the American public in a live speech from the White House

President Donald Trump delivered a speech live from the White House on Wednesday night where he discussed his achievements and touched on some of his agenda for next year and beyond. The president’s predecessor, whom Trump continues to lambaste regularly, figured prominently at the start of his address. Trump pointed to the immigration situation under former President Joe Biden’s presidency, as well as inflation and culture issues. “This is what the Biden administration allowed to happen to our country,” he said, adding: “When I took office,

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Economy|Political|World

Venezuela’s Maduro says Trump’s comments on land and oil reveal his true motives

Venezuela’s Maduro says Trump’s comments on land and oil reveal his true motives
Business|Economy|Entertainment

Powerball jackpot climbs to $1.5 billion after no Wednesday winner

Powerball jackpot climbs to $1.5 billion after no Wednesday winner

Business|Economy|Finance|Health|Political|Stock Markets|US

House GOP passes narrow health care package, with key Obamacare subsidies set to expire

House GOP passes narrow health care package, with key Obamacare subsidies set to expire

Election|Political|US|World

Sleepy. Divisive. A fan of young Trump: A look at the new plaques on the Presidential Walk of Fame

Sleepy. Divisive. A fan of young Trump: A look at the new plaques on the Presidential Walk of Fame
Economy|Finance|Health|Political

GOP Rep. Mike Lawler: I was "left with no choice" but to join with Democrats on health care

Lawler and three other House Republicans bucked their party to join with Democrats and force a vote on a three-year extension of Obamacare subsidies.

Health|Political

McBride says Republicans are ‘obsessed with trans people’ as bills restricting youth access to gender care come to a vote

McBride says Republicans are ‘obsessed with trans people’ as bills restricting youth access to gender care come to a vote

Arts|Business|Economy|Entertainment

Warner Bros. Discovery advises shareholders to reject Paramount’s offer. But the battle isn’t over

Warner Bros. Discovery advises shareholders to reject Paramount’s offer. But the battle isn’t over
Business|Economy|Education|Entertainment

Last US cents sold at auction for a sum of $16.76 million were worth a pretty penny

Auction bidders spent top dollar for some of the final pennies to be circulated in the U.S. before the government ended the cent’s production

Crime|Political|US

Jack Smith testifies in closed-door hearing that it was his decision to charge Trump, according to testimony obtained by CNN

Jack Smith testifies in closed-door hearing that it was his decision to charge Trump, according to testimony obtained by CNN

Business|Economy|Finance

What to know now about changes to your 2025 taxes

What to know now about changes to your 2025 taxes