News from the South - Florida News Feed
Asian shares are mostly higher after Wall Street rally caps a dismal week
SUMMARY: Asian shares mostly rose on Monday following a U.S. stock rally, despite the S&P 500 ending down 2% for the week. U.S. lawmakers passed a budget deal, preventing a government shutdown. Tokyo’s Nikkei 225 climbed 0.9% while Honda and Nissan’s potential merger created market fluctuations. Hong Kong’s Hang Seng and Australia’s S&P/ASX 500 also saw gains. In the U.S., Friday’s gains were driven by positive inflation data, though concerns about fewer interest rate cuts next year lingered. Oil prices increased slightly, with U.S. crude at $69.86 a barrel.
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News from the South - Florida News Feed
Senate confirms Doug Burgum as interior secretary after Trump tasked him to boost drilling
SUMMARY: The Senate confirmed Doug Burgum as Interior Secretary with a 79-18 vote. Burgum, a billionaire and former governor of North Dakota, has been a strong advocate for fossil fuel production. Under President Trump’s direction, he aims to make it easier for energy companies to access resources on public lands, despite environmental concerns. Burgum’s policies are seen as a shift towards prioritizing fossil fuels over renewable energy. Critics argue this could exacerbate climate change, while supporters view it as necessary for energy independence and economic growth. Burgum succeeds Deb Haaland and plans to continue Trump’s energy development agenda.
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News from the South - Florida News Feed
DeSantis says he’ll veto ‘window dressing’ immigration bill | Florida
SUMMARY: Governor Ron DeSantis announced plans to veto the TRUMP Act, an immigration bill he believes fails to adequately support state and local law enforcement in immigration enforcement. Speaking at a roundtable in Palm Beach, DeSantis criticized the legislation for limiting communication between law enforcement and federal officials, which he argues hampers cooperation. The bill, which passed both legislative chambers, does not address his key priorities, such as banning remittances by undocumented migrants and ensuring local law enforcement’s participation in deportation efforts. DeSantis emphasized the strong backlash against the bill from constituents, asserting that lawmakers owe explanations for their votes.
The post DeSantis says he’ll veto ‘window dressing’ immigration bill | Florida appeared first on www.thecentersquare.com
News from the South - Florida News Feed
Trump consoles crash victims then dives into politics with attack on diversity initiatives
SUMMARY: President Trump, in response to a deadly midair collision near Washington, questioned the actions of an army helicopter pilot and air traffic controller. While a federal investigation was ongoing, Trump speculated that diversity initiatives at the FAA could have contributed to the crash, though he provided no evidence. He expressed condolences but shifted to political grievances, criticizing diversity hiring programs and questioning the competency of air traffic controllers and pilots. Trump’s remarks drew support from officials like Vice President JD Vance, but were met with criticism from Transportation Secretary Pete Buttigieg, who called them “despicable.”
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