Federal data could be overestimating the U.S. economy’s job creation by as many as 60,000 jobs a month, U.S. Federal Reserve chair Jerome Powell told reporters after the bank’s Open Market Committee (OMC) shaved a quarter point off the Fed’s interest rates on 10 December.
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DIVIDED FED COMMITTEE CUTS INTEREST RATE BY A QUARTER POINT
As widely expected, the U.S. Federal Reserve’s Open Market Committee cut its key interest rates to their lowest in three years.
GEN Z REVOLUTION: MILLIONS OF AMERICANS MISS STUDENT LOAN PAYMENTS AMID WEAK JOBS MARKET
The U.S. government announced last week that more than 9 million Americans with student loans have missed at least one payment as recent graduates continue to have difficulties landing entry-level jobs.
NO TWEETS FOR YOU: AUSTRALIA BARS SOCIAL MEDIA FOR CHILDREN UNDER 16
Australia became the first democracy in the world to ban social media accounts for children under the age of 16 last week, a measure that has already faced legal challenges from tech companies.
‘UNUSUALLY CONVINCING EVIDENCE’ LINKS FOREVER CHEMICALS WITH INFANT MORTALITY
New research out of the University of Arizona linked so-called “forever chemicals” with an increased risk of infant mortality, raising new concerns for public health, given the wide use of these substances.
STANFORD RESEARCHER TIES COVID-19 JAB TO HEART INFLAMMATION
A newly released study from researchers at Stanford University found mRNA-based COVID-19 vaccines can cause heart inflammation in the form of myocarditis or pericarditis because immune cells can identify the RNA in the jab as a foreign body and trigger the response.
MORE AMERICANS ARE TURNING TO CROWDFUNDING SITES TO PAY FOR EVERYDAY ITEMS
More Americans who are struggling financially have turned to crowdfunding websites like GoFundMe to pay for everyday items as the country continues to see a widening disconnect between Wall Street and Main Street.
GEN Z REVOLUTION: ABOUT TWO-THIRDS OF AMERICANS SAY COLLEGE ISN’T WORTH IT
A newly released poll found that nearly two-thirds of Americans agree that a four-year college education is not worth the price or pain.
TRUMP ADMINISTRATION WANTS SOCIAL MEDIA HISTORY BEFORE ALLOWING VISITORS INTO COUNTRY
The Trump administration announced last week that it filed a notice that it will soon require any tourist to share their social media posts from the past five years, including visitors from South Korea, Japan, Australia, and the UK to ensure that the visitors do not harbor any “hostile attitudes toward its citizens, culture, government, institutions, or founding principles.”
HEGSETH ONCE AGREED WITH THE SO-CALLED ‘SEDITIOUS SIX’ THAT TROOPS MUST IGNORE ILLEGAL ORDERS
On more than one occasion, Pete Hegseth, the clown playing the head of the U.S. Department of War, came out in favor of troops ignoring illegal orders handed down by then-candidate Donald Trump, CNN reported last week.









