The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen. The Fed kept its rate at 4.3% for the third straight meeting, after cutting it three times in a row at the end of last year. Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year, but the sweeping tariffs imposed by Trump have injected a tremendous amount of uncertainty into the U.S. economy and the Fed’s policies.
The Trump administration is closely watching the conflict between India and Pakistan. President Trump describes the rising tensions between India and Pakistan as “a shame” and hopes the conflict between the two nuclear-armed rivals ends “very quickly.” Secretary of State Marco Rubio wrote online that he was monitoring the situation closely. He said Washington would continue to engage the Asian neighbors to reach a “peaceful resolution.”
With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.
With a Vatican official calling out “extra omnes” and the door to the Sistine Chapel shutting, the conclave to elect Pope Francis’ successor has officially begun. More than 130 Catholic cardinals on Wednesday began the secretive, centuries-old ritual to elect a successor to Pope Francis, opening the most geographically diverse conclave in the faith’s 2,000-year history. Two by two, the cardinals entered the Sistine Chapel chanting the meditative “Litany of the Saints” as Swiss Guards stood at attention.
Florida governor Ron DeSantis recently banned fluoride from drinking water in the sunshine state. RFK Jr's MAHA movement is very critical of the substance being in drinking water. All this begs the question: Is Fluoride Good for us?
Conclave to elect new Pope starts today
One hundred and thirty-three cardinals are sequestering themselves behind the Vatican's medieval walls for the start of a conclave Wednesday to elect a successor to Pope Francis. Cardinals have wrapped up their pre-conclave meetings with no clear frontrunner. They’re trying to identify someone who could make the 2,000-year-old Catholic Church credible and relevant today, especially to young people. The cardinals held their last day of pre-conclave meetings Tuesday morning during which Francis’ fisherman’s ring and his official seal were destroyed in one of the final formal rites of the transition to the 267th Pope. The process is guided by the Holy Spirit, and is designed to be free from outside interference. Taking no chances, the Vatican is asking cardinals to hand over their phones for the duration of the conclave and is deactivating cell phone coverage at the Vatican. It also plans to use signal jammers, in order to prevent surveillance and communication with the outside world. The electors cast paper ballots, and voting continues until one candidate receives a two-thirds majority, or 89 votes. After two rounds of voting, ballots are burned in a special stove — black smoke … signals no decision, while white smoke … means a new pope has been chosen.
‘Diddy’ Trial Jury selection expected to finish today
Jury selection in the trafficking trial of hip-hop mogul Sean “Diddy” Combs is expected to wrap up today. Lawyers for the 55-year-old entertainer and prosecutors have worked for two days to assemble 35 individuals for a pool of 45 people from whom the jury will be picked. Combs has pleaded not guilty to an indictment charging him with leading a racketeering conspiracy that engaged in various crimes, including kidnapping, arson, bribery and sex trafficking.
China launches a blitz of policies to help its economy
China and the U.S. have announced plans for talks between Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng later this week in Geneva, Switzerland. China has cut interest rates and bank reserve requirements as part of a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war. People’s Bank of China Governor Pan Gongsheng said Wednesday that its lending rate to commercial banks would be reduced by 25 basis points to 1.5%. High tariffs imposed by Trump have begun to take a toll on China’s export-dependent economy, which was already under pressure from a prolonged downturn in real estate.
The United States is halting its airstrikes on Houthi rebels in Yemen. President Trump announced the end of the bombing campaign, saying the Houthis “capitulated” and “they don’t want to fight anymore.”
For the past two months, the U-S military launched airstrikes targeting the Houthis, who’ve attacked Red Sea shipping and Israel.
The Supreme Court is allowing President Donald Trump’s administration to enforce a ban on transgender people in the military, while legal challenges proceed. The high court acted Tuesday in the dispute over a policy that presumptively disqualifies transgender people from military service. The court’s three liberal justices said they would have kept the policy on hold. Just after beginning his second term in January, Trump moved aggressively to roll back the rights of transgender people. Among the Republican president’s actions was an executive order that claims the sexual identity of transgender service members “conflicts with a soldier’s commitment to an honorable, truthful, and disciplined lifestyle, even in one’s personal life” and is harmful to military readiness.
U.S. President Donald Trump and new Canadian Prime Minister Mark Carney faced off in the Oval Office on Tuesday and showed no signs of retreating from their gaping differences in an ongoing trade war that has shattered decades of trust between the two countries. The two kept it civil, but as for Trump’s calls to make Canada the 51st state, Carney insisted his nation was “not for sale” and Trump shot back, “time will tell.” Asked by a reporter if there was anything Carney could tell him to lift his tariffs of as much as 25% on Canada, Trump bluntly said: “No.” The U.S. president added for emphasis, “Just the way it is.”
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The Dana Show is an award-winning, #1 rated, daily program featured on stations >>The Dana Show is an award-winning, #1 rated, daily program featured on stations around the country. Dana’s original brand of young, punk-rock, conservative irreverence has found a fast-growing multi-media audience. <<
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