Fed Cuts Rates, First Female Chief of Staff, and Yellowstone Returns

The Federal Reserve cut interest rates by 0.25 percentage points Thursday to a range of 4.5 to 4.75 percent, marking its second consecutive cut after a two-year campaign of rate hikes to combat inflation.
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Politics

President-elect Donald Trump announced Thursday that Susie Wiles, his campaign manager, will serve as White House chief of staff, making her the first woman to hold the position in U.S. history. (More)

President Joe Biden called President-elect Donald Trump's victory a "setback" and urged Americans to "bring down the temperature" of political rhetoric in his first remarks after Tuesday's election. (More)  

Germany's governing coalition collapsed after Chancellor Olaf Scholz fired Finance Minister Christian Lindner; a confidence vote is scheduled for early next year, while the opposition urged an immediate vote next week. (More)  

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Turn Food into Hope This Thanksgiving

We are in the middle of our annual Box of Love® outreach to share holiday meals with families in need in inner cities across the nation.  Every Box of Love is a complete Thanksgiving meal with all the trimmings – more than enough to feed a family of 6.

Most importantly, each Box of Love always includes a gospel presentation — Scripture materials for both children and adults and information about knowing God personally.  The Box of Love does more than meet a physical need — children and adults encounter the gospel and have come to faith in Christ through the decades of this powerful, incredibly effective outreach.

Please stand with Cru Inner City today, providing Boxes of Love® to families in need of a helping hand. You'll meet a huge need in the inner city ... HUNGER ... and shine the love and mercy of Jesus into the darkness of hopelessness and despair. 

Sports

➤ NFL injuries: Jacksonville Jaguars quarterback Trevor Lawrence will miss next week's game with a shoulder injury, while Dallas Cowboys quarterback Dak Prescott may require season-ending surgery after it was revealed that his hamstring is partially detached from the bone. Meanwhile, star receivers CeeDee Lamb and AJ Brown have both been limited at practice this week. (More)

➤ The Charlotte Hornets defeated the Detroit Pistons on a unique buzzer-beater that saw Brandon Miller score the game-winning basket on an offensive rebound. (See Game Winner)

Washington Capitals left wing Alex Ovechkin scored his 130th career game-winning goal in a 3-2 win over the Nashville Predators, bringing him six goals shy of breaking Jaromír Jágr's NHL record for most career game-winning goals. (More

Yesterday's Results: NFL | NCAAF | NHL | NBA | NCAAM | NCAAW | PGA | LPGA 

2024 Election Countdown
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Election Countdown: +3 Days

CheckmarkRobert F. Kennedy Jr. reaffirmed his commitment to dismantling "entire departments" of the FDA if appointed to a role in Donald Trump's administration, as promised by the President-elect. (More)

CheckmarkFormer Speaker Nancy Pelosi appeared emotional during Vice President Harris' concession speech Wednesday, saying she prayed for America's success under the incoming Trump administration. (More)  

CheckmarkSan Francisco 49ers defensive end Nick Bosa said that wearing a MAGA hat on live TV was worth it, even if it leads to an NFL fine. (More)  

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Finance

Trend Line Daily Market Report   11/07/2024

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Per Ounce
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Applovin Corporation
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Big Stock Move: AppLovin stock shot up 78% Thursday after the mobile ad-tech company reported Q3 earnings and revenue well above expectations. (More)

➤ Nissan Motor announced it will cut 9,000 global jobs and reduce its CEO's pay by half after reporting a severe revenue decline and a 0.5% profit margin in the first half of 2024. (More)

The FDA proposed banning oral phenylephrine, a decongestant found in NyQuil, Benadryl, Sudafed, and Mucinex, after determining it doesn't effectively relieve congestion. (More)

Warner Bros. Discovery reported record streaming growth with 7.2 million new Max subscribers, reaching 110.5 million, while overall revenue fell 3% to $9.62 billion. (More)

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Recent statistics tell us that 47 million people in the United States live in food-insecure households, including nearly 14 million children. These struggling families need a new lease on life and new hope through faith in Christ this Thanksgiving. 

Give today toward Cru Inner City's annual Boxes of Love outreach to share Thanksgiving meals and the gospel with families in need in urban communities across America. Every $48.50 you give today will provide a Box of Love full of holiday food, more than enough to feed a family of six.

Thank you for providing food, hope, and the gospel in the inner city this Thanksgiving.

Science & Technology

 New DNA analysis of ancient Pompeii remains revealed that scientists misidentified the genders of some victims, revealing that one of the two people previously thought to be sisters or a mother and daughter locked in an embrace was actually a man. (See Photos

Sonar images thought to show Amelia Earhart's lost Lockheed 10-E Electra have been identified not as a wrecked plane but rather a rock formation, an ocean exploration company reports. (See Photo)  

➤ New Hubble Telescope images of a supernova reveal a galaxy illuminated by diverse celestial lights, including those from young hot stars and a supermassive black hole. (See Images)

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➤ Shocking Health Alert! Dr. Brian Paris reveals a protein in your body may be the secret culprit behind your joint pain. Millions are already tuning in. Grab your chance to watch this revealing video for free – today only! Video presentation: Unlock the secret!

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Entertainment

Late-night hosts, including Jimmy Kimmel and Stephen Colbert, reacted bitterly to President-elect Trump's win over Vice President Harris, sharing their disappointment and emotional reactions on their Wednesday shows. (More)  

➤ The final episodes of the popular Yellowstone television series begin Nov. 10 on the Paramount Network, with series star actor Luke Grimes promising a fast-paced, powerful conclusion to the beloved series. (More)  

Lucasfilm has tapped Simon Kinberg to write and produce a new Star Wars movie trilogy, leaving open the question of whether he'll continue the Skywalker Saga or create a new storyline. (More

Et Cetera

➤ A massive Southern California brush fire near Camarillo spread to 14,500 acres, destroying homes and forcing 14,000 evacuations amid dangerous Santa Ana winds. (More)

➤ Hurricane Rafael struck Cuba on Wednesday as a Category 3 storm, knocking out power nationwide before weakening to Category 2 as it moved into the Gulf of Mexico. (More)

➤ A volcano in Indonesia erupted seven times Thursday, launching ash 8,000 meters skyward and forcing 10,000 residents into shelters. (Watch Video)

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Poll Position

Do you have a fire extinguisher in your home?

  1. Yes
  2. No


Yesterday's Results:

Have you become your parents? 

  1. Yes: 30.7%
  2. No: 48.6%
  3. On my way: 20.6%

Quote BoxDaily Quote

Quote

"It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them." 

—  Bernie Sanders, a U.S. senator from Vermont, on Kamala Harris' election defeat

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