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U.S. Transportation Secretary Sean Duffy speaks during a press conference to discuss the impact of the government shutdown on air safety workers and travel at Philadelphia International Airport in Philadelphia, Pennsylvania, U.S., October 24, 2025. Rachel Wisniewski | ReutersThe Trump administration said Wednesday that it has pulled nearly 10,000 commercial truck drivers off U.S. roadways for failing to speak English sufficiently.The boast comes as trucking companies have raised alarms about drivers being targeted by President Donald Trump’s immigration agenda.”We’ve now knocked 9,500 truck drivers out of service for failing to speak our national language — ENGLISH!” Transportation Secretary Sean Duffy…

The Federal Reserve logo is visible on the William McChesney Martin Jr. Building on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty ImagesThe Federal Reserve still sees just one rate cut in 2026, unchanged from its last forecast about three months ago.The central bank’s so-called dot plot, which anonymously shows 19 individual members’ expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026, a quarter point lower than the current range between 3.5%-3.75%. The forecast is the same from its projection from last quarter.The Fed on Wednesday cut its key…

TOKYO – As Japan staggers out of 2025, its financial markets make for quite a tantalizing split screen. On one screen, the Nikkei 225 Stock Average is ending the year at all-time highs on optimism that the government can avoid recession. On the other screen, the “bond vigilantes” are pushing 10-year yields to the highest levels since 2007 amid fears about what those efforts might cost. The price in question comes in two parts. The first is the ¥17.7 trillion ($114 billion) stimulus package Prime Minister Sanae Takaichi is currently unleashing. This fresh spending burst has bond traders in a…

NEW YORK (AP) — Federal prison officials say the former CEO of Abercrombie & Fitch is fit to stand trial on federal sex trafficking charges after he was hospitalized with Alzheimer’s disease, Lewy body dementia and a traumatic brain injury.Michael Jeffries had been ordered to be hospitalized in May. But in a letter filed in federal court in New York on Wednesday, Blake Lott, the acting warden at the Federal Medical Center in Butner, North Carolina said the 81-year-old is “now competent to stand trial.”Lott didn’t provide further details in the letter but said the center has provided a report…

As President Donald Trump announced a $12 billion farm aid package this week to help U.S. farmers hurt by tariffs, he placed responsibility for the U.S. agricultural trade deficit on former President Joe Biden.But in casting blame elsewhere, he is ignoring other factors, including his own role. Currently, farmers — especially those that produce soybeans and sorghum — have had a hard time selling their crops while getting hit by increasing costs after Trump raised tariffs on China earlier this year as part of a broader trade war that has contributed to the deficit.Experts say that it is a massive…

A  Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday, but signaled a tougher road ahead for further reductions.Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%.However, the move carried caution flags about where policy is headed from here and featured “no” votes from three members, which hasn’t happened since September 2019.The 9-3 vote again featured hawkish and dovish dissents – Governor Stephen Miran favored a steeper half-point reduction while regional Presidents…

President Donald Trump speaks during a roundtable discussion in the Roosevelt Room of the White House, Dec. 10, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesU.S. forces on Wednesday seized an oil tanker off the coast of Venezuela, President Donald Trump said. “We’ve just seized a tanker on the coast of Venezuela — a large tanker, very large, the largest one ever seized actually,” Trump said during a meeting in the Roosevelt Room at the White House. The president declined to provide information on who owned the tanker or its destination when asked by a reporter. “It was seized for a…

Getting trapped in quicksand is a corny peril of old movies and TV shows, but it really did happen to one unfortunate hiker in Utah’s Arches National Park. The park famous for dozens of natural, sandstone arches gets over 1 million visitors a year, and accidents ranging from falls to heat stroke are common.Quicksand? Not really — but it has happened at least a couple of times now.“The wet sand just kind of flows back in. It’s kind of a never-ending battle,” said John Marshall, who helped a woman stuck in quicksand over a decade ago and coordinated the latest…

KUWAIT: Public and private schools in Kuwait will be closed on Thursday, December 11, 2025 as a protective measure due to rain, the Ministry of Education said on Wednesday. Acting Director of the Meteorological Department Dharar Al-Ali on Wednesday forecast scattered thunderstorms of varying intensity across Kuwait, accompanied by winds exceeding 45 kilometers per hour. He noted that weather conditions are expected to improve gradually from Thursday evening. Al-Ali explained that weather maps, pressure distributions and numerical models indicate that Kuwait has been affected since early Wednesday by an extension of a surface low-pressure system carrying warm and humid air, combined with…

When Avery Amstutz saw her neighbor selling a 1973 Airstream trailer on Facebook in November 2023, she knew she’d spotted her next business opportunity. She just wasn’t sure what kind of business it would be.The Memphis, Tennessee-based serial entrepreneur bought the 50-year-old trailer using $6,000 from the profits of her other business ventures, she says. At the time, she was a destination wedding photographer who owned a photography studio available for rent, and the owner of a mobile cocktail trailer that could be hired for private parties.In July 2024, after a five-figure trailer renovation, Amstutz added a new venture to…