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Episode Transcript
This is your twenty four to seven use update the
latest Use this hour in just four minutes.
Speaker 2 (00:08):
Congress has reached a critical juncture when it comes to
the battle over healthcare. Today, the Senate will vote on
dueling partisan proposals. With the Affordable Care Act subsidies set
to expire at the end of the year, leading to
a spike in premiums for about twenty two million Americans.
One from the GOP would replace expiring ACA or Obamacare
(00:29):
subsidies with direct payments to individuals. One from the Democrats
would extend the ACA subsidies for three years. Neither is
expected to pass. As many as one hundred thousand people
may be forced to evacuate ahead of rising floodwaters north
of Seattle. More from Rory O'Neill.
Speaker 3 (00:47):
Forecasters are warning the communities along this Gadget and Snohomish
rivers could face catastrophic and life threatening flooding on Thursday.
As rivers continue to rise. Governor Bob Ferguson declared a
state wide emerge urgency after an atmospheric river dumped heavy
rain on the Pacific Northwest, flooding rivers and triggering mudslides
in the Seattle area. The governor says flooding won't just
(01:10):
break records, it will shatter them. I'm Rory O'Neil.
Speaker 2 (01:13):
Attorney General Pam Bondi says the oil tanker sees by
the United States off the coast of Venezuela was used to,
in her words, transport sanctioned oil to Iran. Alice Barr
reports the seizure comes as the United States has been
striking alleged drug boats in the region.
Speaker 4 (01:30):
The Venezuelan government now claiming President Trump's ramped up pressure
campaign against authoritarian leader Nicholas Maduro is about the country's
rich oil reserves instead of drug trafficking.
Speaker 2 (01:43):
Baltimore is boosting security for this weekend's Army Navy game
at M and T Banks Stadium. President Trump is expected
to attend the game, and there will be additional restrictions
in place. Drones are not allowed to fly near the
stadium in the FBI and US Attorney's Office announced that
there will be a temporary flight restriction in place from
(02:03):
nine am to nine pm on Saturday. I'm Michael Kassner
that Jair Jerome Powell is in tipping his hand about
another interest rate cut after Wednesday's quarter percentage point reduction.
Mark Mayfield with more.
Speaker 1 (02:17):
After the cut was announced. Powell's old reporters. President Trump's
tariffs have, in his words, elevated inflation. These readings are
higher than earlier in the year, as inflation for goods
has picked up, reflecting the effects of tariffs, but Powell
added that the inflation rise will likely be short lived
and the Central Bank will be re evaluating its policy
with regards to interest rates and wait and see how
(02:37):
the economy evolves.
Speaker 2 (02:38):
As we wind down the final weeks of twenty twenty five,
look back at some of the top business stories of
this year. Here's Monica Nelson.
Speaker 5 (02:46):
Twenty twenty five was the year of AI.
Speaker 2 (02:49):
Everyone is talking about artificial intelligence.
Speaker 5 (02:52):
President Trump in July talking about his plan for the
US's dominance in the artificial intelligence race. As AI giant
Nvidia became the first company to surpass the five trillion
dollar market value mark in twenty twenty five, Several studies
show AI's potential to take and eliminate jobs. President Trump
stuck to his promise and impose new tariffs on dozens
of countries, including many of our allies.
Speaker 2 (03:14):
Historic executive order instituting reciprocal tariffs. Reciprocal that means they
do it to us and we do it to them.
Speaker 5 (03:23):
Affordability emerged as the go to issue in politics, with
Democrats socialist Mamdani winning the New York City's mayor's race
on a platform of making the most expensive US city
affordable for a city uniform In.
Speaker 1 (03:38):
The Monday, We're in the monnay.
Speaker 5 (03:41):
And the US stock market was gangbusters in twenty twenty five.
Speaker 2 (03:45):
Two division rivals square off to begin Week fifteen, when
the Buccaneers host the Falcons on Thursday Night Football. The
Bucks are tied atop the NFC South at seven and six,
despite dropping four of their last five games. Meanwhile, Atlanta
is third in the division at four and nine has
already been eliminated from the playoffs. I'm Michael Kassner.
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