Trump endorses Johnson for House Speakership fight in 2025
President-elect Donald Trump endorsed House Speaker Mike Johnson in a post on his platform, calling him a hardworking religious man and saying he has his complete endorsement. The backing comes amid tensions over Johnsons debt limit aims and ongoing Republican resistance within the party ahead of the January leadership vote. Rep Victoria Spartz also urged strong leadership for the next speaker.
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Trump loses appeal of sexual abuse defamation ruling
A federal appeals court in Manhattan upheld a $5 million verdict against Donald Trump for sexually abusing and defaming E. Jean Carroll. The Second Circuit ruled Judge Kaplan properly admitted testimony from two other accusers and the Access Hollywood tape, supporting Carroll’s claims while leaving rape liability undecided.
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Stocks end year on downbeat note as tech leads loss
U S stocks closed broadly lower on Monday with the S&P 500 down 1.1 percent and the Dow slipping 1 percent. Tech giants Apple Microsoft and Netflix tumbled about 1.3 to 1.4 percent while Boeing slid 2.3 percent after a fatal South Korea crash.
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2024 Retail and restaurant shifts reshape spending
CoreSight Research shows 48 U.S. retail bankruptcies by December 20, up from 25 a year earlier, while at least 22 restaurant chains filed for bankruptcy. Shoppers favored discounters like Walmart and Aldi, fast casuals, and value meals. high end labels struggled as online shopping rose.
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