Breaking News: Politics
- Bessent says U.S. will finish the year with 3% GDP growth, sees 'very strong' holiday season - Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.
- Trump administration waives $11 million fine for Southwest Airlines' 2022 holiday meltdown - The Trump administration said it will forgive the last $11 million of a fine against Southwest Airlines that stems from the carrier's 2022 holiday meltdown.
- 'Terrifying': Why U.S. senator in top intel post wants more spying on Chinese companies - Chinese biotech BGI will pass Huawei in scale and threat, says Sen. Mark Warner. 'It's terrifying,' he said at CNBC event, pushing for more corporate spying.
- The regulatory path ahead for a Netflix and Warner Bros. deal could get dicey - Regulatory questions are already rising about Netflix's deal to combine its business with WBD's streaming service HBO Max and film studio Warner Bros.
- Supreme Court to hear case on Trump birthright citizenship order - The U.S. Constitution's 14th Amendment had been understood to grant citizenship to children born in the country, even if their parents are not citizens.
- RFK Jr.’s vaccine panel weakens recommendation on hepatitis B shot for babies, scrapping universal guidance - Some public health experts expressed concerns the recommendation could lead to an increase in hepatitis B infections in babies.
- Southwest Airlines cuts earnings outlook on government shutdown demand hit - The carrier said it expects 2025 earnings before interest and taxes of about $500 million, down from a previous forecast of $600 million to $800 million.
- Congressional watchdog probes Trump FHFA chief Bill Pulte - Pulte has made allegations of mortgage fraud against New York Attorney General Letitia James, Fed Gov. Lisa Cook, Sen. Adam Schiff, and Rep. Eric Swalwell.
- FBI arrests suspect in Jan. 6 pipe bomb case: MS NOW - The FBI arrested a suspect believed to have placed pipe bombs outside the GOP and Democratic party offices prior to the Jan. 6 Capitol riot, MS NOW reported.
- Europe's plan to use $105 billion of frozen Russian assets tantamount to war, says Russia's Medvedev - It follows fresh proposals by the European Commission to unlock $105 billion to support Ukraine.
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