Starting 5, Dec. 21: Cavs rain 3s to douse sizzling Bucks, OKC keeps rolling & a 12-game Saturday slate

A strong start to #WorldBasketballDay. 5 STORIES IN TODAY’S EDITION 🏀Dec. 21, 2024 Can’t-Miss Cavs: Cleveland hits 20 treys to slow down the surging Bucks Friday Fire: Embiid returns as the Sixers heat up, and the Thunder keep rumbling Star Guard Saturday: One night, three matchups and six electrifying playmakers Big Men Battle: AD &…

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Why Brazil’s currency is plunging

THE BRAZILIAN real holds an ignominious title this year: it is the worst-performing major currency, down by more than 20% to a record low of almost 6.3 to the dollar. The situation has grown even uglier over the past week, with the sell-off accelerating despite several interventions by the central bank. Source link

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The Fed’s go-to inflation gauge ticked up less than expected last month

CNN  —  The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion. Still, cost of living concerns are growing as 2025 approaches and uncertainty widens about potential inflationary global events and domestic policies. The…

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How a schism between Trump and Johnson sent the government hurtling toward a shutdown

CNN  —  President-elect Donald Trump has long supported House Speaker Mike Johnson — hosting him on election night, bringing him to the Army-Navy college football game last weekend and backing him privately despite conservative complaints about the House’s actions. That’s why it stunned many Republicans when Elon Musk — with Trump’s go-ahead — helped tank…

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