January 9, 2025
entertainment

Abolishing the FDIC could backfire on Trump and his allies

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of distrust in government, the FDIC stands apart in the alphabet soup of bank regulators as a rare agency that many Americans trust. It

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entertainment

Kamala Harris laughs at her own ‘the context in which you exist’ word salad: ‘Yeah, I did that’

Vice President Kamala Harris kept laughing during her speech Tuesday at Prince George’s Community College in Maryland. Even Vice President Kamala Harris was laughing at her own word salads during a post-election speech Tuesday. As many of her supporters still reel from her defeat in November, Harris urged an audience of young people to “stay

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Business

Listen up, businesses! Time’s running out to claim your share of a $5.5B settlement

Businesses still have time, but not a lot, to claim their part of a $5.5 billion class-action settlement stemming from Visa and Mastercard’s alleged fee overcharges, attorneys said. The deadline to file a claim is Feb. 4, extended from Aug. 30. Any nonprofit or business is eligible to file a claim if it accepted Visa

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Business

FED SET TO SLOW RATE CUTS

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing costs in September. The central bank’s latest move leaves its benchmark lending rate at a range of 4.25%-4.5%, a two-year low. The decision to cut was not unanimous, is an attempt to ease

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Business

Fed set to cut rates for third and final time this year | CNN Business

• The Federal Reserve cut interest rates by a quarter point Wednesday, but projected just two rate cuts in 2025, down from its original forecast for four. • That sent markets into a tailspin, with the Dow falling more than 1,100 points, or 2%. The S&P 500 was 1.9% lower and the Nasdaq fell 2.5%.

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Politics

The Bucks refusing to pop champagne after winning the NBA Cup is so incredibly corny

This is For The Win’s daily newsletter, The Morning Win. Did a friend recommend or forward this to you? If so, subscribe here. Have feedback? Leave your questions, comments and concerns through this brief reader survey! Now, here’s Mike Sykes. Good morning, winners! Welcome back to the Morning Win. Thanks so much for rocking with us today. We

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Politics

Massie drops colorful analogy opposing foreign aid, mocks Speaker Johnson with AI-generated image

House Speaker Mike Johnson, R-La., joins ‘Fox & Friends’ to discuss the disagreement over the House spending bill, Paris Hilton’s push to pass a bill cracking down on abusive youth facilities, and concerns over mystery drone sightings. Rep. Thomas Massie, R-Ky., has compared America’s practice of doling out aid to foreign countries to a preposterous

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Politics

Fox News AI Newsletter: OpenAI responds to Elon Musk’s lawsuit

Raj Goyle, CEO of intelligence firm Bodhala and former Democratic Kansas state representative, told Fox News Digital it is encouraging to see members of both parties come together to try and determine the source of these drones. – OpenAI hits back at Elon Musk lawsuit, says he suggested for-profit entity – OpenAI CEO Sam Altman

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sport

‘Wrong-headed’: Energy industry leaders blast Biden admin report on natural gas exports

[HEADLINE] Biden’s Potential Lifting of LNG Export Moratorium Raises Concerns About Energy Prices and Carbon Emissions, Industry Officials Push Back [EXECUTIVE SUMMARY] – The Biden administration released a draft report warning of potential negative impacts on Americans if the president’s moratorium on liquefied natural gas (LNG) exports is lifted. – The report suggests that increased

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sport

Cannons abandoned by doomed Spanish expedition are thought to be oldest firearms found in US | CNN

[HEADLINE] Archaeologists Discover Oldest Firearms in Continental United States, Revealing Native American Uprising against Spanish Expedition [EXECUTIVE SUMMARY] – Archaeologists in Arizona have uncovered the oldest firearms ever found in the continental United States: two cannons left behind by a Spanish expedition attacked by Native Americans. – These 42-inch-long bronze cannons, known as wall guns,

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