🗞️State Of Emergency In California

December 18th, 2024

Good Evening 🇺🇸,

What happened today,

  • California Governor, Gavin Newsom, has declared a State of Emergency in response to bird flu outbreak

  • President-elect Donald Trump opposes a government spending bill backed by Republican House Speaker Mike Johnson, Trump joined in with Elon Musk today in taking a stand against the stopgap funding bill and pushing the government closer to a shutdown

  • The Senate has voted to pass an $895 billion Defense Authorization bill, the bill has already passed the House and will be sent to President Biden to sign it into law

  • The U.S. Supreme Court has agreed to hear arguments on Jan. 10th over whether the law to force a sale of TikTok from its parent company or face a countrywide ban is constitutional

  • Trump selects former NFL player, Herschel Walker, to be ambassador to the Bahamas

  • The Federal Reserve has cut interest rates by 25 basis points (.25%), Fed Chairman Jerome Powell announced today

  • There are around 11 million Americans 65 or older who are working today, accounting for 7% of all wages and salaries paid by U.S. employers, In 1987 they made up 2%

  • Top Japanese carmakers Nissan and Honda are exploring a merger

  • Stock market gets crushed today, DOW down 2.58% / S&P down 2.95%

Bonus: A look at happiness in America by state in 2024

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Quote of the day: “Don’t let yesterday take up too much of today.” —Will Rogers

Have a great night!

P.S. Email us at [email protected] for more info on any news points in the letter or feel free to give any feedback you have!