EDER

Dec 16 2024FINANCE

Bitcoin Breaks $106K, But Will It Last?

Bitcoin hit a record high over the weekend, reaching $106, 449 before dropping below $104, 000 on Monday. This rollercoaster ride comes as the Federal Reserve is set to make its final interest rate decision of the year. Investors are eagerly waiting to see if the Fed will cut rates again, which coul

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Dec 16 2024POLITICS

Unanswered Questions: Lawmakers Criticize Feds' Drone Response

Lawmakers from both political parties are voicing concerns about how the federal government is handling mysterious drone sightings in the Northeast. On Sunday, they highlighted gaps in the response and called for more transparency. Officials have confirmed drone activity but insist there's no securi

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Dec 15 2024POLITICS

Mayor Eric Adams' Funding Dilemma: Public Money on the Line

On Monday, Mayor Eric Adams of New York City will find out if he'll receive millions in public funds for his reelection campaign. This decision by the Campaign Finance Board comes as Adams prepares for a corruption trial in April. If the board says no to funding, Adams could face a tough fight in th

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Dec 12 2024POLITICS

FBI Director Wray to Step Down: What's Next?

The FBI's current director, Christopher Wray, has made a big decision. He plans to leave his job at the end of Biden's term. This move comes as President-elect Trump has been criticizing Wray and wants to choose his own FBI director. Wray has been in charge since 2017, when Trump picked him for the

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Dec 12 2024POLITICS

Health Care for Dreamers: A Texas Setback

Imagine having to wait more than a decade for something as basic as health care. That's the reality for many DACA recipients, who were recently dealt a blow by a federal judge in North Dakota. This week, a ruling stopped a policy that would have let these undocumented immigrants get federally-availa

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Dec 11 2024FINANCE

Small Businesses: COVID Loans Gone Wrong

Imagine you're a small business owner who received a federal COVID loan to keep your doors open. Now, you're in a mess because the loan has been sent to collections, even though you've been trying to pay it back. Sounds unfair, right? Well, this is happening to many small business owners. The Small

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Dec 09 2024POLITICS

The Vanishing Workers: Federal Office Ghost Towns

Have you ever wondered where federal workers are these days? According to Senator Joni Ernst, a whopping 94% of them are either out of sight or working remotely, long after the pandemic has ended. DC's federal buildings are a ghost town, with a measly 12% occupancy rate. What's the deal with all th

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Dec 09 2024POLITICS

Meet the Billionaires: Musk and Ramaswamy's Plan to Shrink Government

On Thursday, two big-name business leaders, Elon Musk and Vivek Ramaswamy, met with Republican lawmakers. They're part of a new commission aimed at making the federal government leaner. The day started with Ramaswamy chatting with Senate Republicans about his ideas. He even suggested that some gover

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Dec 07 2024POLITICS

Florida Considering Pause on Kids' Healthcare Boost

Florida's Governor, Ron DeSantis, is putting a hold on expanding medical coverage to around 42, 000 kids. The reason? They're waiting to see how President-elect Donald Trump's health care plans might affect their state. The federal government recently gave Florida the green light to expand its KidCa

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Dec 05 2024FINANCE

Bitcoin's Surge: How Jerome Powell's Take on Crypto Matters

You might not expect the Federal Reserve Chair, Jerome Powell, to influence bitcoin's value. But during a recent talk with CNBC, Powell’s comments gave bitcoin a boost. He revealed he doesn't own any crypto and noted that the Fed can't control it. But when he compared bitcoin to gold, people took no

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