NEW YORK: Federal Reserve Chair Jerome Powell said on Wednesday (Dec 18) the US central bank has no desire to be involved in any government effort to stockpile large amounts of bitcoin. “We’re not allowed to own bitcoin,” Powell said at a press conference following the Fed’s latest two-day policy meeting, in which policymakers cut rates as expected while signalling a less certain path for monetary policy in the months ahead. In terms of the legal issues around holding bitcoin, “that’s the kind of thing for Congress to consider, but we are not looking for a law change at the…
Author: Team_NationalNewsBrief
Health officials say the 65-year-old was hospitalised after contact with an infected flock of back-yard birds.A 65-year-old in the southern state of Louisiana has been hospitalised in critical condition as the result of the bird flu, becoming the first severe case reported in the United States. The Centers for Disease Control and Prevention (CDC) announced on Wednesday that the person had been in contact with an infected flock of back-yard birds. There have been no reported cases of person-to-person transmission. “CDC confirms first severe case of H5N1 Bird Flu in the US. While an investigation into the source of the…
Kobe Bufkin will miss the rest of the 2024-25 season, according to the Hawks, who announced on Wednesday in a press release that the second-year guard will undergo surgery to address right shoulder instability.The surgery, which was determined to be the best option for Bufkin after “continued evaluation and additional medical opinions,” will take place on Jan. 7. He’s expected to recover in time for the start of the 2025-26 season.The 15th overall pick in the 2023 draft, Bufkin was limited to 17 NBA appearances in his rookie year, having missed a significant chunk of the 2023-24 campaign due to a…
Federal Reserve officials cut the federal funds rate, or the borrowing rate that banks charge each other, by 25 basis points or 0.25% on Wednesday.The central bank’s rate-setting committee, the Federal Open Market Committee (FOMC), announced Wednesday that the target range for the federal funds rate was now 4.25% to 4.5%.Federal Reserve chair Jerome Powell said at a news conference following the decision that the move to cut rates this month was a “closer call” than previous cuts but ultimately the “right call.” He said the FOMC was balancing between two risks: undermining economic activity in the labor market and…
The sand-grain-sized robots work cooperatively, similar to antsJeong Jae Wie et al. Swarms of tiny robots guided by magnetic fields can coordinate to act like ants, from packing together to form a floating raft to lifting objects hundreds of times their weight. About the size of a grain of sand, the microrobots could someday do jobs larger bots cannot, such as unblocking blood vessels and delivering drugs to specific locations inside the human body. Jeong Jae Wie at Hanyang University in South Korea and his colleagues made the tiny, cube-shaped robots using a mould and epoxy resin embedded with magnetic…
A Michigan man has admitted to planning a mass shooting at a local political party’s headquarters and a nearby bar because he associated both locations with gay people, officials said Tuesday. Mack Davis, 22, pleaded guilty to one count of committing a hate crime by attempting to carry out the mass killings in Owosso, about 25 miles west of Flint. He faces a maximum sentence of life in prison, according to a news release from the Department of Justice. “This kind of vile and heinous hate-fueled violence, intended to target innocent people based on their sexual orientation, runs contrary to our values…
The US Supreme Court has agreed to hear last-ditch legal arguments from TikTok as to why it should not be banned or sold in the US.The US government is taking action against the app because of what it says are its links to the Chinese state – links which TikTok and its parent company ByteDance have denied.The Supreme Court justices did not act on a request by TikTok for an emergency injunction against the law, but will instead allow TikTok and ByteDance to make their case on 10 January – nine days before the ban is due to take effect.Earlier…
Schoolchildren in Poland are preparing for potential invasion with mandates for firearm lessons. Minister of Education and Science Przemyslaw Czarnek signed off on the new requirement and is considering expanding studies to include preparation for rescue operations and cyber attacks. Children in primary schools will learn weapons safety and theoretical principles. Secondary school children, girls and boys, will learn how to properly shoot a firearm. Lessons may begin by using ball guns, air guns, or virtual laser shooting ranges before introducing live ammunition. Poland had similar courses in place for previous generations, and given the nation’s history, it is understandable…
Last week, The Gateway Pundit reported on an excerpt from the lawsuit Daily Wire LLC et al v. United States Department of State et al in which it was stated that the Global Engagement Center’s (GEC) statutory authority would expire this month, on December 23rd, and that it is “Defendants’ understanding that reauthorization is unlikely to occur.” The filing stated that “the Department transmitted a notification to Congress regarding its plan for the forthcoming termination of the GEC and its plan to realign the Center’s staff and funding to other Department offices and bureaus for foreign information manipulation and interference activities…
Within a month of its release, “Squid Game”became Netflix’s most-watched series, breaking records as the first Korean and foreign-language show to earn a Screen Actors Guild (SAG) nomination.Riding the wave of its unprecedented success, Netflix expanded the franchise by launching a reality competition series inspired by the drama, which premiered in November 2023.Now, the “Squid Game” franchise is gearing up for the highly anticipated release of its second season.Article continues below advertisement‘Squid Game’ Season 2 To Be Released On December 26MEGASeason two teasers have confirmed that Gi-hun will re-enter the deadly competition, and the latest trailer hints at his new…