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A booming stock market propelled California’s main state retirement fund to near-record returns, but the fund is still $166 billion short on its obligations, according to the Reason Foundation. With the taxpayer-funded Legislative Analyst’s Office warning the state should be ready for a possible stock market peak and downturn as weak economic conditions persist, the 12-figure pension shortfall could widen once again – and leave taxpayers with the bill.
The U.S. economy grew at a robust 4.3% annual rate in the third quarter, marking its fastest expansion in two years, according to new data released Tuesday by the U.S. Commerce Department.
The U.S. Supreme Court ruled Tuesday that President Donald Trump can’t use National Guard troops in Chicago to help federal immigration enforcement, in another blow to the president’s push for federalization nationwide.
Budget watchdogs are sounding the alarm as the U.S. hit an unfortunate fiscal milestone in fiscal year 2025: government spending on debt interest payments alone topped $1 trillion this year.
The U.S. Department of Health and Human Services’ action to bar “sex-rejecting” transgender procedures for minors has met with approval from groups that aim to protect children from harmful ideology, with some calling the move “long overdue,” stating that taxpayers should not be forced to pay for procedures that lack proven benefits.
Secretary of War Pete Hegseth announced plans Tuesday to overhaul the U.S. military’s Chaplain Corps, arguing the institution has drifted from its original mission and lost the “faith and virtue” that defined it when it was established under George Washington more than 250 years ago.
The U.S. House of Representatives passed legislation late Wednesday night that would criminalize gender transition treatments for minors, marking a significant victory for conservatives who argue the federal government must step in to protect children from irreversible medical procedures.
The U.S. House passed the Lower Health Care Premiums for All Americans Act in a party line, 216-211, vote Wednesday, sending the bill to its likely demise in the Senate.
U.S. inflation cooled more than expected in November, delivering encouraging news for American consumers and reinforcing confidence in financial markets. A delayed Labor Department report showed the Consumer Price Index rose 2.7% from a year earlier—down from 3% in September and below economists’ 3.1% forecast—while core inflation, which excludes volatile food and energy prices, also came in lower than anticipated at 2.6%, signaling continued progress in easing price pressures.
A federal appeals court on Wednesday ruled that President Donald Trump may continue deploying National Guard troops in Washington, D.C., at least temporarily, blocking a lower court order that had questioned the legality of the mission.
Newly declassified FBI emails show that bureau officials believed they lacked sufficient evidence to justify the August 2022 raid on then–former President Donald Trump’s Mar-a-Lago residence, raising new questions about the Justice Department’s role in authorizing the unprecedented search.
A 35-year-old Jewish man was stabbed in the chest Tuesday afternoon near the intersection of Kingston Avenue and Lincoln Place in Brooklyn’s Crown Heights neighborhood, an area with a large Jewish population and home to Chabad-Lubavitch world headquarters. The victim was transported to Kings County Hospital in stable condition, according to the New York City Police Department.
Following an alarming rise in fentanyl deaths in recent years, President Donald Trump is taking another step in cracking down on the deadly drug seeping its way onto American streets by designating it a weapon of mass destruction.
American authorities have detained “a person of interest” following a deadly shooting at Brown University in the U.S. state of Rhode Island that officials said killed two students and wounded nine others, prompting a campus lockdown and renewed debate over security at the nation’s universities.
President Donald Trump on Thursday signed a sweeping executive order aimed at preventing states from regulating artificial intelligence, asserting that a fragmented regulatory landscape threatens U.S. innovation and global competitiveness—particularly against China.
The Psalms, hymns, and spiritual songs encapsulate the beauty, wisdom, and eternal truths found in the Bible, creating an immersive experience that resonates with believers and seekers alike.
Copyright The New Jerusalem Media.