TODAY’S NEWS FLASH:
Political Landscape
House votes to revive Obamacare funds as senators plot a scaled-back bill
The House voted Thursday to revive expired Obamacare funds for three years, after a group of Republicans rebelled against their party leaders and teamed up with Democrats to force the vote.
5 states sue Trump administration for freezing social services funding
Attorneys general in five Democratic-led states filed a lawsuit Thursday against the Trump administration after it said it would freeze money for several public benefit programs, citing concerns about fraud in the programs designed to help low-income families.
Global Impact
Venezuela begins releasing political detainees to ‘consolidate peace’
Five days after the US seized Nicolás Maduro, Venezuela has announced it is releasing an “important number” of detainees in what the congressional president characterised as a gesture to “consolidate peace”.
Russia attacks Ukraine with new Oreshnik ballistic missile
Russia attacked Ukraine overnight with a new hypersonic ballistic missile, a rare use of the advanced weapon in what appeared to be its latest attempt to send a threatening message to Kyiv and the West.
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Economic Pulse
Slower US job growth expected in December; unemployment rate likely dipped
U.S. job growth likely slowed in December amid business caution about hiring because of import tariffs and rising artificial intelligence investment, though an anticipated easing in the unemployment rate to 4.5% could support expectations the Federal Reserve will leave interest rates unchanged this month.
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Oil Extends Gain as Traders Focus on Iran Risks and Venezuela
Oil extended a gain as the market weighed US President Donald Trump’s threat against Iran, while also focusing on his administration’s moves to exert control over Venezuela’s exports and energy sector.
Quick Takes
Britney Spears Says She Will ‘Never Perform’ in the US Again for ‘Extremely Sensitive Reasons’
Are potatoes good or bad for your blood sugar?
French farmers block Paris streets in protest against free trade deal
Pope Leo XIV summons cardinals for input, framing his papacy as more of a joint effort after the Francis years
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