Author: Press Room

The U.S. current-account deficit narrowed significantly in the fourth quarter as Americans earned more on their foreign investments than foreigners earned on their U.S. holdings, reversing a trend from the prior quarter. The overall current-account deficit shrank to a seasonally adjusted $190.7 billion in the fourth quarter from a revised $239.1 billion in the third quarter, a decline of $48.4 billion or 20.2 percent, the Commerce Department said Wednesday. The deficit fell to 2.4 percent of current-dollar gross domestic product, down from 3.1 percent in the third quarter. The current account tracks movements of goods and services across borders as…

On Tuesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Sen. John Fetterman (D-PA) stated that tragedies like the killing of Sheridan Gorman “are going to continue to happen.” And criticized Democrats for refusing to back the Laken Riley Act. Fetterman said that “this is a serious, serious failure, and, now I — absolutely, it’s devastating as a father. So, I don’t know why anybody — and that’s — again, I was the lead, as a Democrat, for Laken Riley, because that’s why we have to require — to protect America from the dangerous elements that shouldn’t even be here…

Senate Minority Leader Chuck Schumer said Democrats have submitted their latest proposal for pairing Department of Homeland Security funding with immigration enforcement policy changes. “Democrats sent Republicans our counteroffer on legislation to reopen DHS, pay TSA workers, while at the same time rein in ICE with commonsense guardrails,” Schumer said, adding that the offer “contains some of the very same asks Democrats have been talking about now for months” on changes to immigration enforcement tactics. Schumer met with House Minority Leader Hakeem Jeffries Wednesday to discuss the funding stalemate. Read the full article here

Why Tehran is holding its fire and how its restraint is reshaping the battlefield US aggression against Iran has persisted for over three weeks now. Throughout this time, Tehran has acted largely on its own, without mobilizing allied forces. This raises a crucial question: what’s going on with the so-called Axis of Resistance – the extensive network of Iranian allies that took decades and billions of dollars to establish? Formally, the Axis of Resistance includes groups like Hezbollah in Lebanon, the Houthis (Ansar Allah movement) in Yemen, and various Shiite armed factions in Iraq, such as the Popular Mobilization Forces and…

The advantage of having offices around the world is that this also provides us with boots on the ground for first-hand accounts. We are getting from our Thailand office that there is “no gasoline here. Up North lineups for diesel. I tried to fill up a bike, no gasoline available. I tried several other stations, but all are out.” As I reported, Asia is going to be hard hit with the closure of the Strait of Hormuz. There was no imminent threat from Iran. This has been a 40-year vendetta by Netanyahu. which he did admit in a national TV…

The FCC has prohibited the import of consumer routers manufactured outside the United States, effectively blocking the majority of networking devices from entering the American market. The danger of Chinese hackers to everyday Americans has caused the government to label foreign-made routers an “unacceptable risk” to the security of the nation. The FCC has announced a sweeping ban on foreign-made consumer routers, claiming these devices pose significant national security threats to the United States. The decision follows a similar December action when the FCC banned future drones manufactured in foreign countries from US import unless manufacturers secure special exemptions. By…

Pakistani officials on Wednesday said they delivered a 15-point ceasefire proposal from the United States to Iran. An unnamed senior Iranian official told Reuters the proposal has been received, and either Pakistan or Turkey could host further ceasefire negotiations. The Iranian official who spoke to Reuters on condition of anonymity did not provide any details of the proposal, or clarify whether it was the same as the document Pakistan reportedly delivered. Two Pakistani officials told the Associated Press (AP) they presented Iran with a U.S. proposal that included “sanctions relief, civilian nuclear cooperation, a rollback of Iran’s nuclear program, monitoring…

A Los Angeles jury has found Mark Zuckerberg’s Meta and Google’s YouTube liable in a groundbreaking lawsuit concerning harm to children using their platforms, awarding $3 million in damages to a young woman who claims social media addiction during childhood worsened her mental health. NBC News reports that in a precedent-setting verdict, jurors in the high profile social media addiction trial deliberated for more than 40 hours across nine days before determining that both Meta and YouTube were negligent in the design and operation of their platforms. The jury concluded that each company’s negligence was a substantial factor in causing…

On Tuesday’s broadcast of the Fox News Channel’s “America’s Newsroom,” Sen. John Fetterman (D-PA) responded to a question on whether he’ll vote in favor of a reconciliation bill to end the DHS shutdown by saying that he won’t be part of the mess at airports. Co-host Bill Hemmer asked, “Will you vote with Republicans if a bill comes before the Senate floor on reconciliation, which means a simple majority in the Senate, to get it done?” Fetterman answered, “What I’m saying is that I refuse to always vote to shut our government down. And I would never be a part…

President Donald Trump called on Congress Wednesday to quickly extend a key surveillance program amid a Republican rebellion that is threatening to tank the effort ahead of an April 20 deadline. “When used properly, [the program] is an effective tool to keep Americans safe,” Trump said in a Truth Social post Wednesday. “For these reasons, I have called for a clean 18-month extension.” He emphasized that restrictions included in the last reauthorization of the Section 702 spy program should remain in place. Trump also argued that the ongoing war against Iran should lead Congress to act quickly given the program,…