Even After Near-record Returns, CA State Retirement Fund Still $166b Short

A booming stock market propelled California’s main state retirement fund to near-record returns, but the fund is still $166 billion short on its obligations, according to the Reason Foundation. With the taxpayer-funded Legislative Analyst’s Office warning the state should be ready for a possible stock market peak and downturn as weak economic conditions persist, the 12-figure pension shortfall could widen once again – and leave taxpayers with the bill.

Supreme Court Blocks National Guard Deployment To Chicago

The U.S. Supreme Court ruled Tuesday that President Donald Trump can’t use National Guard troops in Chicago to help federal immigration enforcement, in another blow to the president’s push for federalization nationwide.

‘Long Overdue’: Praise For HHS’ Action To Bar Taxpayer-funded Sex-change Procedures

The U.S. Department of Health and Human Services’ action to bar “sex-rejecting” transgender procedures for minors has met with approval from groups that aim to protect children from harmful ideology, with some calling the move “long overdue,” stating that taxpayers should not be forced to pay for procedures that lack proven benefits.

House Passes Bill Criminalizing Gender Transition Procedures for Minors

The U.S. House of Representatives passed legislation late Wednesday night that would criminalize gender transition treatments for minors, marking a significant victory for conservatives who argue the federal government must step in to protect children from irreversible medical procedures.

Inflation Cools More Than Expected, Offering Encouraging Economic Signs

U.S. inflation cooled more than expected in November, delivering encouraging news for American consumers and reinforcing confidence in financial markets. A delayed Labor Department report showed the Consumer Price Index rose 2.7% from a year earlier—down from 3% in September and below economists’ 3.1% forecast—while core inflation, which excludes volatile food and energy prices, also came in lower than anticipated at 2.6%, signaling continued progress in easing price pressures.

Declassified Emails Reveal FBI Doubts Ahead of Mar-a-Lago Raid

Newly declassified FBI emails show that bureau officials believed they lacked sufficient evidence to justify the August 2022 raid on then–former President Donald Trump’s Mar-a-Lago residence, raising new questions about the Justice Department’s role in authorizing the unprecedented search.

Jewish Man Stabbed in Suspected Antisemitic Attack Near Chabad HQ in Brooklyn

A 35-year-old Jewish man was stabbed in the chest Tuesday afternoon near the intersection of Kingston Avenue and Lincoln Place in Brooklyn’s Crown Heights neighborhood, an area with a large Jewish population and home to Chabad-Lubavitch world headquarters. The victim was transported to Kings County Hospital in stable condition, according to the New York City Police Department.

Trump Designates Fentanyl A ‘Weapon Of Mass Destruction’

Following an alarming rise in fentanyl deaths in recent years, President Donald Trump is taking another step in cracking down on the deadly drug seeping its way onto American streets by designating it a weapon of mass destruction.

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