In the fourth quarter of 2024, U.S. gross domestic product grew at a 2.3 percent annual rate, down from the previous quarter but still resilient, ending the year with a 2.5 percent increase. Despite solid consumer spending and low unemployment, challenges lie ahead with uncertainty surrounding President Trump’s new policies on trade and immigration, potentially leading to inflation and slower growth. While the economy faces pockets of weakness such as slowed business investment and a stagnant housing market, it remains strong overall, supported by the Federal Reserve’s decision to hold interest rates steady and the continued momentum from the end of 2024.
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Convicted Pentagon leaker Jack Teixeira pleads guilty to obstruction of justice, calls himself ‘proud patriot'
Jack Teixeira, a Massachusetts Air National Guard member, used his court-martial to portray himself as a patriotic whistleblower exposing alleged lies of the Biden administration regarding the war in Ukraine. He pleaded guilty to obstructing justice and sharing classified documents, claiming he aimed to save lives and challenge what he saw as government misinformation. Teixeira's leaks revealed sensitive information about Russia's actions in Ukraine and other countries, prompting a security overhaul and disciplinary actions within...
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