24 December, 2025
u-s-economy-surges-4-3-amid-consumer-spending-boom

UPDATE: The U.S. economy has surged at a remarkable 4.3% annual rate from July to September 2023, marking the strongest growth in two years. This robust growth is fueled by a significant increase in consumer spending, exports, and government expenditures, according to the latest report from the Commerce Department released just moments ago. Analysts had predicted a growth rate of only 3% for this period, making this announcement particularly noteworthy.

However, the report also brings concerning news, as inflation remains stubbornly high. The Federal Reserve’s preferred inflation measure, the personal consumption expenditures index (PCE), rose to a troubling 2.8% annual rate last quarter, up from 2.1%Jeffrey Epstein. This tranche includes multiple references to former President Donald Trump but has been criticized for lacking any new substantial revelations. Among the documents are emails indicating Trump’s flights on Epstein’s private jet, which are drawing renewed scrutiny. Officials have noted that one of the letters included in the release was identified as fake but was retained for transparency.

Across the globe, an intense missile and drone assault from Russia on Ukraine has left at least three dead, including a child, as the attack unfolded overnight and continued into the daylight hours. Ukrainian President Volodymyr Zelenskyy condemned the attack, emphasizing Russia’s ongoing aggression and its refusal to engage sincerely in peace negotiations. This development underscores the critical humanitarian crisis in the region.

In healthcare news, a troubling report from the Department of Health and Human Services reveals that Medicaid improperly paid more than $207 million for services to deceased individuals between 2021 and 2022. This alarming audit highlights the need for stringent checks, as proposed changes in legislation aim to mandate states to reconcile beneficiary lists with Social Security’s Death Master File to prevent such costly errors.

In a tragic incident, a private jet crash in Ankara, Turkey, has claimed the lives of Libya’s military chief Gen. Muhammad Ali Ahmad al-Haddad and four other military officers. The Libyan delegation was in Turkey for critical defense talks, and Prime Minister Abdul-Hamid Dbeibah has expressed deep sorrow over this significant loss for Libya.

As Californians prepare for the holiday season, officials are warning travelers to reconsider their Christmas travel plans. A series of powerful winter storms is expected to bring heavy rain, strong winds, and significant snowfall, particularly affecting the Sacramento Valley and San Francisco Bay Area. Flood and high wind warnings are in effect through Friday, as residents are urged to remain vigilant.

In Pennsylvania, an explosion at a nursing home just outside Philadelphia has resulted in at least two fatalities. The explosion occurred as utility crews were investigating a gas leak at the Bristol Health & Rehab Center. Emergency responders are actively searching for potential victims, with parts of the building collapsed.

Lastly, former Nebraska U.S. Senator Ben Sasse has announced his diagnosis of advanced pancreatic cancer, revealing his battle through social media. The 53-year-old, who resigned earlier this year to lead the University of Florida, expressed determination to fight the disease, highlighting advancements in treatment options.

As these stories continue to develop, stay tuned for updates that matter to you. This is a rapidly changing news cycle, and we will keep you informed with the latest and most relevant information.