Author: Press Room

This week’s holiday-shortened economic calendar is extremely light as 2024 comes to a close.Late last week, and just after midnight on Friday, the big drama was resolved after Congress managed to pass a three-month continuing resolution to fund the government after acrimonious negotiations that threatened a shutdown. So with that big overhang removed, market participants will have only a handful of data releases to digest that will largely serve to sharpen forecasters’ estimates of current-quarter real GDP growth. Monday kicks off with December consumer confidence which unexpectedly came at 104.7, or below the lowest estimate (median est was 113.5 vs.…

Over the weekend, 60 Minutes did a story about gun control in Mexico, pointing out that the country has only one gun store and that it’s located on a military base. Twitter/X users were quick to point out that Mexico is basically run by violent, murderous drug cartels which are armed to the teeth. 60 Minutes went out of their way to push a narrative about illegal guns in Mexico coming from the U.S., as if the violence south of the border is somehow America’s fault. Have they heard of a program called Fast and Furious that happened under Obama?…

This photo taken on June 15, 2023 shows laboratory technicians conducting artificial intelligence … [+] (AI)-based cervical cancer screening at a test facility in Wuhan, in China’s central Hubei province. (Photo by AFP) / China OUT (Photo by STR/AFP via Getty Images)AFP via Getty Images China has set a bold objective to become the global leader in AI by 2030. By 2030, AI could potentially add $600 billion to China’s economy annually. The country hosted over 4,500 AI companies in 2024, representing 15% of the global total. China is also leading the Nature Index 2024 of scientific contributions worldwide; and…

Far-left President of Colombia Gustavo Petro warned President-elect Donald Trump on Sunday that he will side with neighboring Panama “until the last consequences” should the United States take control of the Panama Canal. Petro, a former member of the Marxist M19 guerilla terrorist organization and the first leftist president in Colombia’s history, is known for issuing wild, often outrageous rants through his personal Twitter account. The Colombian president took to social media on Sunday afternoon to criticize Trump amid the ongoing debate regarding the Panama Canal after the U.S. President-elect expressed that the United States should take back control of…

President-elect Donald Trump told attendees at the Turning Point USA conference in Phoenix, Arizona, on Sunday that entrepreneur Elon Musk is not taking over the presidency, as Democrats have alleged. Democrats referred to “President Musk” after the SpaceX, Tesla, and X (formerly Twitter) titan helped stop a massive spending bill in Congress last week by opposing it publicly. Democrats have tried to create a rift between Trump and Musk: After Trump described the new “Department of Government Efficiency, headed by Elon Musk,” he added: And no, he’s not taking the presidency. I like having smart people. You know, they’re on…

The alleged perpetrator of the deadly car-ramming attack on a Christmas market last week in Germany had been contacted by police just weeks before the incident, authorities said on Monday, as the number of people injured climbed to 235.The attack in the central city of Magdeburg on Friday evening, which killed five people including a 9-year-old boy, is believed to have been carried out by a Saudi national identified only as Taleb A according to German privacy laws.The suspect has been living in Germany since 2006 and was granted political refugee status in 2016. He was most recently working as…

Dec. 23—INDIANAPOLIS — Lt. Gov. Suzanne Crouch and the Indiana Office of Community and Rural Affairs recently announced Dearborn County and Wabash County as the 2024 Stellar Pathways designated communities.The Stellar Pathways program is a multi-year, multi-million-dollar initiative led by OCRA. The program works with communities in a self-determined region on a shared vision for community and economic development. Stellar Pathways aims to promote local and regional partnerships and assists in implementing sustainable solutions to challenges Indiana’s rural communities face.”The Stellar Pathways program is yet another way OCRA and the State of Indiana shows their dedication to rural development,” said…

Machines will become more intelligent than people by 2030 with a 100% probability, according to the tech mogul   Artificial intelligence could become smarter than any single human by the end of next year, according to tech billionaire Elon Musk. The Tesla and SpaceX CEO made the prediction shortly after his AI company, xAI, officially launched its first image generation model, Aurora, earlier this month.Aurora, an updated version of the first image generation model that xAI introduced in October, allows users to create photorealistic visuals.Compared to other AI models, Aurora has fewer restrictions and can accurately generate images at almost…

Authored by Nikolaus Hoffman via BitcoinMagazine.com,According to Whale Alert, the average profit per BTC is at an all-time high of $67,088, at the time of writing.“The Potential Profit per Token graph shows the potential profit that holders could make per token if they sold at a specific time,” Whale Alert’s website explains.Whale Alert has further calculations on this metric that can be found here.To put this in perspective, this is more than the average American salary in 2024, which is $62,027. Imagine watching your savings grow and outperform your own yearly salary just for owning one bitcoin.Every day, you trade hours of…

Payton McNabb had dreams of playing sports at the collegiate level, but one volleyball match against a male claiming to be female ended that dream forever and left her with lifelong injuries. Her mother, Pamela McNabb, wrote an opinion piece for Fox News on Friday about the fateful day, Sept. 1, 2022, her daughter’s high school volleyball team faced a rival team with a transgender player. “My daughter, Payton, was struck in the head and neck by a spike from a transgender-identifying male on the opposing team, causing her to lose consciousness and lay in a fencing position on the…