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Abraham Accords allies may help US shift drug sourcing from China, report says17:38 A new report warns of the dangers of relying on China for key parts of essential medicines and calls for the creation of an FDA Abraham Accords office. Major weight loss, pain relief seen with Eli Lilly's next-gen drug in late-stage trial17:38 Eli Lilly s experimental drug, retatrutide, showed strong results in a late-stage trial, helping patients lose nearly 29% of their body weight while reducing osteoarthritis pain. Disney announces major OpenAI deal, includes $1B equity investment, use of characters on Sora video platform17:38 Disney licensed 200 iconic characters from Marvel, Pixar and Star Wars to OpenAI for its Sora video program in a groundbreaking three-year partnership. Lutnick says Trump wants 'the top of the top' with new Gold Card visa program now accepting applications16:34 Trump Gold Card visa applications are now open, with a $15,000 processing fee and $1 million investment required for an expedited U.S. citizenship pathway. Fed delivers third straight rate cut but dot plot projects just one cut in 202614:58 Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their dot plot projections suggest only one interest rate cut expected in 2026. Bipartisan bill would force government agencies to label AI content8:32 The bipartisan House bill would require agencies to label AI-generated content posted on official channels, in an effort to bring new transparency to federal AI use. Cracker Barrel diners are sounding the alarm – here’s what reportedly has them furious3:41 Cracker Barrel customers slam restaurant chain for poor food quality as company works to regain customer confidence in the wake of its failed rebrand. McDonald's pulls 'creepy' AI-generated Christmas ad after viewer backlash2:37 McDonald s confirmed to Fox News Digital that it removed its artificial intelligence-generated Christmas advertisement from YouTube after viewer backlash. Coca-Cola announces major leadership change as Henrique Braun is named next CEO2:06 Coca-Cola names Henrique Braun as new CEO effective March 2026, replacing James Quincey who will transition to executive chairman after nine years. LARRY KUDLOW: Mr. Trump is a better forecaster than all of the Fed’s economists put together0:31 The Fed did what everybody expected them to do, by cutting their target rate by a quarter of a point Powell declines to weigh in on potential successors as Trump eyes next Fed chair23:59 Jerome Powell refused to comment on President Donald Trump s search for his Federal Reserve replacement, saying the process doesn t affect his current chair role. Eggs recalled over risk of salmonella contamination: report23:27 California s Vega Farms is reportedly recalling eggs in Sacramento and Davis, California areas due to the risk of salmonella contamination. Powell refuses to weigh in on Supreme Court case threatening Trump's tariff policies22:55 Federal Reserve Chair Jerome Powell refused to comment on the Supreme Court case that could impact President Trump s trade agenda, citing ongoing court proceedings. Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation20:16 The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target. Why cheaper beef prices are still a long way off20:16 Beef prices may drop but consumers face "slow and painful" wait for relief, warns a Wells Fargo economist. Cattle shortages continue to keep costs high. |
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