• Futures Inch up on Tech Rebound, Nike Slumps 10%
  
  Futures tied to the S&P 500 and the Nasdaq inched up Friday, as technology stocks extended their rebound from a selloff earlier this week, while Nike tumbled after weak China sales weighed on its quarterly results.
• NY Fed's Williams: 'Technical Factors' Pushed November CPI Lower
  
  New York Federal Reserve President John Williams said Friday that November's inflation report may have understated price pressures due to unusual data-collection issues, cautioning against drawing firm conclusions from the latest figures.
• Top Drugmakers to Lower US Prices for Some Drugs
  
  AbbVie, Bristol Myers Squibb, Gilead, Merck ?and other drugmakers are expected Friday afternoon to announce agreements with the U.S. government to lower certain prescription drug prices, according to sources familiar with the situation.
• EEOC Chair: Corporate America Faces DEI Reckoning in 2026
  
  Federal inquiries into corporate diversity programs ?are underway, signaling a major shift in civil rights enforcement under President Donald Trump's administration, the head of the Equal Employment Opportunity Commission told Reuters.
• Treasury Dept Sanctions Vessels Delivering Iranian Oil
  
  The Department of the Treasury has announced it is sanctioning 29 shadow fleet vessels engaged in the covert delivery of hundreds of millions of dollars' worth of Iranian oil and petroleum products.
• NASA's Isaacman: 'Making Nuclear Great in Space'
  
  Jared Isaacman, the newly confirmed administrator of NASA, told Newsmax on Thursday about the agency's commitment to nuclear propulsion, deep space exploration, and science.
• US Review May Mean Advanced Nvidia AI Chip Sales to China
  
  President Donald Trump's administration has launched a review that could result in the first shipments to China of Nvidia's second-most powerful AI chips, five sources said, making good on his pledge to allow the much-debated sales.
• Navarro: Trump Proves Doubters Wrong on Inflation
  
  Peter Navarro, Trump administration senior counselor for trade and manufacturing, told Newsmax on Thursday that the latest economic report shows President Donald Trump is turning the economy around.
• Trump Signs $1 Trillion Annual Defense Bill without Fanfare
  
  U.S. President Donald Trump on Thursday signed into law a nearly $1 trillion annual defense policy bill, despite provisions that provide new aid to Ukraine and reining in his ability to dial down U.S. involvement in the defense of Europe.
• Energy Dept Inks AI Deals With Big Tech for Genesis Mission
  
  The Department of Energy ?announced Thursday it has signed agreements with 24 organizations, including tech giants such as Microsoft, Google, and Nvidia, to advance the Genesis Mission.
• Billions Stolen From Minn. Federal Aid Programs
  
  Half or more of the roughly $18 billion in federal funds that supported 14 Minnesota-run programs since 2018 may have been stolen, a federal prosecutor said Thursday.
• TikTok Signs Deal to Form New US Unit With Investors, Including Oracle, Silver Lake
  
  TikTok has signed agreements with three major investors , Oracle, Silver Lake, and MGX , to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.
• Antoni to Newsmax: Inflation Eases, but Families Still Struggling
  
  Economist E.J. Antoni said new economic data show earnings growth is outpacing inflation, but he argued Americans are still recovering from losses he attributed to the Biden administration and should not be expected to wait patiently after years of financial strain.
• Byron Donalds Ends Year With 'Dominant' $40M Gubernatorial Campaign
  
  Rep. Byron Donalds’ campaign for Florida governor said it has raised more than $40 million since launching in February, touting the haul as evidence of momentum fueled by President Donald Trump’s endorsement ahead of the 2026 race.
• FedEx Posts Higher 2nd Quarter Results
  
  FedEx posted higher second-quarter ?profit and revenue Thursday and lifted the low end of its full-year earnings outlook, as peak-season pricing actions and cost-cutting efforts helped offset softer shipment volumes.
• Nike Edges Past Expectations on Resilient Demand
  
  Nike Thursday edged ?past market expectations for quarterly revenue, helped by resilient demand for its running shoes amid a big marketing push to fend off stiff competition from upstart brands in North America.
• The DPI Link to Margin Debt
  
  A recent article by Simon White, via Bloomberg, discussed the rising cost of margin debt for investors. While his analysis below compares the cost of debt to GDP, we will also consider a more critical comparison to disposable personal income (DPI).
• Wall St Ends Higher Fueled by Tech, Cooler Inflation
  
  Wall Street's main indexes closed higher Thursday as a soft inflation report fed expectations for interest rate cuts by the Federal Reserve, while chipmaker Micron's blowout forecast signaled strong AI demand.
• Battlefield Internet
  
  NGO Infestation and the Fact-Fox Brigade
• White House Launches Space Supremacy Push
  
  President Donald Trump enshrined the U.S. goal to put humans back on the moon by 2028 and defend space from weapon threats in a sweeping executive order issued on Thursday, the first major space policy move of his administration's second term.
• Trump Order Could Reclassify Pot as Less Dangerous Drug
  
  President Donald Trump signed an executive order Thursday that could reclassify marijuana as a less dangerous drug and open new avenues for medical research, a major shift in federal drug policy that inches closer to what many states have done.
• Trump May Reclassify Pot as Less Dangerous Drug
  
  President Donald Trump signed an executive order Thursday that could reclassify marijuana as a less dangerous drug and open new avenues for medical research, a major shift in federal drug policy that inches closer to what many states have done.
• Feds to Let Data Centers Plug Right Into Power Plants
  
  Federal regulators will allow tech companies to effectively plug massive data centers directly into power plants, issuing a long-awaited order Thursday, as the Trump administration urges it to help the U.S. lead the world in artificial intelligence and revive domestic...
• Trump Floats Housing Emergency to Lower Costs
  
  President Donald Trump said Thursday he is considering declaring a national emergency over housing, signaling a possible escalation in his push to rein in soaring home prices and make buying a house more affordable.
• Trump Praises Fed's Waller as 'Great' After Chairman Interview
  
  President Donald Trump Thursday praised Federal Reserve Governor Christopher Waller as "great" after interviewing him as a candidate to succeed Jerome Powell as Fed chair, part of a fast-moving selection process for the central bank's top job.

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