The Latest: 12/10/2025 04:59pm ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update. The
latest use this hour. In just four minutes, Wall Street
is closing with stocks in the green after the Federal
Reserve lowered interest rates by a quarter percentage point. It
marks the third straight interest rate cut. The benchmark rate
is now in a range of three and a half
to three and three quarters percent. The Fed appeared to

(00:22):
indicate there will be just one rate cut next year
and one in twenty twenty seven. At the closing bell,
the Dow Jones Industrial average rows four hundred and ninety
seven points to forty eight fifty seven. An oil tanker
has been seized by the US off the coast of Venezuela.
Speaking from the White House, President Trump said more information
about the seizure will be coming out soon. The move

(00:43):
comes as tensions have escalated between Trump and Venezuelan and
President Maduro. President Trump says he's launching his Gold Card
foreign visa program.

Speaker 2 (00:51):
All funds go to the United States government. That could
be a tremendous amount of money. It'll also be able
to help people like this keep as an examp with
just one example, there are a lot of examples. People
just buying them somewhat like a Green card, but with
big advantages over a Green card.

Speaker 1 (01:09):
The program aims to attract educated and well off immigrants
who would pay one million bucks to the US government
for front of the line immigration status. Homeland Security would
verify the applicant got the one million dollars through legal means.
Corporations can pay two million dollars for a version of
the Gold Card that allows them to use for an employee.
Trump made the announcement during a roundtable of American business

(01:30):
leaders at the White House. It's looking to be a
cold weekend for millions in the central and northeastern United States.
The current forecast suggests snow will be seen in the
Midwest on Saturday and then shift to the northeast Sunday.
The number of winter vomiting disease cases is rising. The
CDC's wastewater surveillance testing has indicated the neuro virus is

(01:51):
spreading earlier and faster than usual. Each year, there are
about twenty five hundred reported outbreaks of the virus in
the US, and this year cases have been on the right,
particularly in Louisiana, Michigan, and Indiana. I'm Chris Kragia, a
judge is postponing the high profile trials stemming from Blake
Lively's sexual harassment lawsuit against her former co star Justin Baldoni.

(02:13):
Nataliemgliori reports the judge informed lawyers present during a discovery
hearing in New York City Tuesday that the civil trial
date is being delayed.

Speaker 3 (02:21):
Until May eighteenth because criminal trials take president in the
jam packed court system. The judge is also urging both
parties to strike a deal in the matter, although Lively
has made it clear she isn't interested in settling. Baldoni
has filed a four hundred million dollar countersuit, and Lively
is seeking nearly five hundred million dollars in damages. I'm

(02:42):
Natalie Migliori.

Speaker 1 (02:43):
Instakart's use of artificial intelligence pricing has apparently led to
shoppers paying higher or lower prices for the same items
from the same store. A new study by the progressive
at Viccy Group, Groundwork Collaborative Consumer Reports, and news organization
more Perfect Union found the growth Tree delivery app had
fluctuations in price of around seven percent. Three fourths of

(03:04):
all items tested were sold at different prices. Instacart blames
the price differences on a small subset of retail partners
running online pricing tests. Amazon plans to invest more than
thirty five billion dollars to increase its artificial intelligence capabilities
and expand its presence in India by twenty thirty.

Speaker 4 (03:22):
Rebecca Bundan reports global tech giants are betting big on
India are so poor billions into the world's most populous nation.
Amazon is injecting more funds into the country as it
competes with its main rivals in the market Walmarts, backs
flip Carts, and mcasha and Barney's Reliance Industries. Amazon has
invested forty billion dollars in its Indian operations over the

(03:42):
past fifteen years. A wave of fresh investments from Amazon,
Microsoft and Google underscores the country's emergence as a hub
for AI, deep tech and cloud infrastructure.

Speaker 1 (03:53):
And in music history news on this date back in
twenty ten, Bob Dylan's original handwritten lyrics to the Times
they are a Change in sold that off auction for
more than four hundred and twenty two thousand dollars. I'm
Chris Kazu