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Fed Cuts Rates, First Female Chief of Staff, and Yellowstone Returns

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jointheflyover.com

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news@editor.jointheflyover.com

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Fri, Nov 8, 2024 12:00 PM

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The Federal Reserve cut Thursday to a range of 4.5 to 4.75 percent, marking its second consecut

The Federal Reserve cut [interest rates by 0.25 percentage points]( Thursday to a range of 4.5 to 4.75 percent, marking its second consecutive cut after a two-year campaign of rate hikes to combat inflation. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ [The Flyover] [The Flyover]( [Calendar] Friday, November 8, 2024 Good Morning! On this day in 1887, [John Henry “Doc” Holliday](, a well-known gunslinger and occasional dentist, died of tuberculosis at a sanitarium in Glenwood Springs, Colorado. He's famous for his role in the shootout at the O.K. Corral in Tombstone, Arizona, and his lasting friendship with Wyatt Earp. This afternoon, be on the lookout for our second edition of The Feel Good Flyover, filled with positive news meant to inspire and lift your day. Today's edition includes tales of a life-saving puppy, a caring grandson, and a big doughnut tipper—don't miss it! Today, we have a new sponsor, [Cru Inner City](. Check out their Box of Love® Outreach program in today's edition. [Take Off] [Article Icon 1] Fed Cuts Rates for Second Time The Federal Reserve cut [interest rates by 0.25 percentage points]( Thursday to a range of 4.5 to 4.75 percent, marking its second consecutive cut after a two-year campaign of rate hikes to combat inflation. Fed Chair Jerome Powell deflected questions about [President-elect Trump's potential impact]( on the economy, stating, "We don't guess, we don't speculate, and we don't assume." He also [firmly rejected the possibility]( of stepping down if asked by President-elect Trump, responding with a simple "No" during Thursday's press conference and noting it is "not permitted under the law" for a president to fire or demote Fed leaders. The rate decision comes as the economy shows mixed signals, with October's jobs report showing only 12,000 new jobs added, the lowest in nearly four years, though the numbers were affected by hurricanes and the Boeing strike. [Article Icon 1] GOP Expand Senate Majority, House Still Undecided The AP has called Pennsylvania’s U.S. Senate race for Republican David McCormick, increasing the [GOP majority to 53 seats]( with races in Arizona and Nevada still undecided. Democratic Sen. Bob Casey, Pennsylvania’s longest-serving Democrat in the Senate, has yet to concede, citing over 100,000 remaining ballots, including provisional, military, and overseas votes, still to be counted. In the House, [Republicans hold a narrow]( 213-200 majority despite Democrats successfully defending three key seats in Nevada, with 22 races still yet to be called. [Article Icon 1] 43 Lab Monkeys Escape Research Facility [Forty-three young female monkeys]( escaped Wednesday night from Alpha Genesis, a biomedical research facility in Beaufort County, South Carolina after a new employee left an enclosure unsecured. Police launched a search using [thermal imaging cameras]( and food-baited traps while warning residents to secure their homes and avoid interacting with the monkeys, which have never been used for testing and are reportedly too young to carry disease. The incident continues a pattern of security issues at Alpha Genesis, which manages a 3,500-monkey colony on South Carolina's "Monkey Island." Federal officials fined Alpha Genesis in 2018 for previous escapes and violations, with [additional breakouts]( occurring in May 2024 and 2016. --------------------------------------------------------------- Enjoy reading The Flyover? [Click here](mailto:?cc=editor@jointheflyover.com&subject=My%20new%20favorite%20newsletter!&body=Hey!%0D%0A%0D%0AI%E2%80%99ve%20been%20reading%20a%20new%20newsletter%20every%20morning%20called%20The%20Flyover.%20I%20love%20it!%20I%20think%20you%27ll%20love%20it%20too.%0D%0A%0D%0AIt%E2%80%99s%20my%20new%20favorite%20source%20for%20news%20first%20thing%20in%20the%20morning.%20They%20cover%20important%20and%20interesting%20stories%E2%80%94usually%20politics%2C%20sports%2C%20finance%2C%20science%20%26%20tech%2C%20etc.%0D%0A%0D%0AI%20think%20you%20should%20give%20it%20a%20try.%0D%0A%0D%0AJust%20copy%20this%20link%20and%20paste%20it%20into%20your%20browser%3A%20https%3A%2F%2Fjointheflyover.com%2F%3Futm%3D83%0D%0A%0D%0ALet%20me%20know%20if%20you%20like%20it.%20I%20think%20you%20will!%0D%0A) to share with your friends and family. [✈️] [Politics] ➤ President-elect Donald Trump announced Thursday that Susie Wiles, his campaign manager, will serve as White House chief of staff, making her the first woman to hold the position in U.S. history. ([More]() ➤ President Joe Biden called President-elect Donald Trump’s victory a "setback" and urged Americans to "bring down the temperature" of political rhetoric in his first remarks after Tuesday's election. ([More]()  ➤ Germany’s governing coalition collapsed after Chancellor Olaf Scholz fired Finance Minister Christian Lindner; a confidence vote is scheduled for early next year, while the opposition urged an immediate vote next week. ([More]()  Flying together with our sponsor [The Flyover]( Turn Food into Hope This Thanksgiving We are in the middle of our annual Box of Love® outreach [to share holiday meals with families in need](in inner cities across the nation. Every Box of Love is a complete Thanksgiving meal with all the trimmings – more than enough to feed a family of 6. Most importantly, each [Box of Love]( always includes a gospel presentation — Scripture materials for both children and adults and information about knowing God personally. The Box of Love does more than meet a physical need — children and adults encounter the gospel and have come to faith in Christ through the decades of this powerful, incredibly effective outreach. [Please stand with Cru Inner City today, providing Boxes of Love®]( to families in need of a helping hand. You’ll meet a huge need in the inner city ... HUNGER ... and shine the love and mercy of Jesus into the darkness of hopelessness and despair. [Sports] ➤ NFL injuries: Jacksonville Jaguars quarterback Trevor Lawrence will miss next week’s game with a shoulder injury, while Dallas Cowboys quarterback Dak Prescott may require season-ending surgery after it was revealed that his hamstring is partially detached from the bone. Meanwhile, star receivers CeeDee Lamb and AJ Brown have both been limited at practice this week. ([More]() ➤ The Charlotte Hornets defeated the Detroit Pistons on a unique buzzer-beater that saw Brandon Miller score the game-winning basket on an offensive rebound. ([See Game Winner]() ➤ Washington Capitals left wing Alex Ovechkin scored his 130th career game-winning goal in a 3-2 win over the Nashville Predators, bringing him six goals shy of breaking Jaromír Jágr's NHL record for most career game-winning goals. ([More]() ➤ Yesterday’s Results: [NFL]( | [NCAAF]( | [NHL]( | [NBA]( | [NCAAM]( | [NCAAW]( | [PGA]( | [LPGA]( [2024 Election Countdown] Today's election section is brought to you by: [The Flyover]( Election Countdown: +3 Days [Checkmark]Robert F. Kennedy Jr. reaffirmed his commitment to dismantling "entire departments" of the FDA if appointed to a role in Donald Trump’s administration, as promised by the President-elect. ([More]() [Checkmark]Former Speaker Nancy Pelosi appeared emotional during Vice President Harris' concession speech Wednesday, saying she prayed for America's success under the incoming Trump administration. ([More]()  [Checkmark]San Francisco 49ers defensive end Nick Bosa said that wearing a MAGA hat on live TV was worth it, even if it leads to an NFL fine. ([More]()  Flying together with our sponsor   The holidays are just around the corner—are your travel plans set? Whether you’re heading to Europe’s festive markets or an island getaway, [Babbel’s bite-sized lessons]( (just 10 minutes a day!) will help you start speaking a new language in as little as three weeks. With Babbel in your pocket, confidently navigate every café, airport, and holiday market with ease. [Right now, save up to 60% off your subscription with Babbel's Early Access Black Friday Sale]( and make your next trip unforgettable. Start your holiday prep today—you’ll be chatting with locals before the plane lands. [Finance] [Trend Line] Daily Market Report  11/07/2024 ▲ NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations 19,269.46 1.51% ▲ SPX S&P 500 5,973.10 0.74% ▼ DJI Dow Jones Industrial Average 43,729.34 -0.00% ▲ BTC Bitcoin $75,912.52 0.36% ▲ GOLD Per Ounce $2,712.20 1.67% ▲ APP Applovin Corporation $246.53 +77.98 ➤ Big Stock Move: AppLovin stock shot up 78% Thursday after the mobile ad-tech company reported Q3 earnings and revenue well above expectations. ([More]() ➤ Nissan Motor announced it will cut 9,000 global jobs and reduce its CEO's pay by half after reporting a severe revenue decline and a 0.5% profit margin in the first half of 2024. ([More]() ➤ The FDA proposed banning oral phenylephrine, a decongestant found in NyQuil, Benadryl, Sudafed, and Mucinex, after determining it doesn't effectively relieve congestion. ([More]() ➤ Warner Bros. Discovery reported record streaming growth with 7.2 million new Max subscribers, reaching 110.5 million, while overall revenue fell 3% to $9.62 billion. ([More]() Flying together with our sponsor ➤ $17.6B Global Opportunity. The negative effects caused by pesticides can be more dangerous than the pests themselves. [Invest in Med-X.]( Sales of their natural, safe solutions are already up 200%, and they’re expanding to 41 new markets in the $17.6B global pesticide industry. ([See Details]() Disclosure: This is a paid advertisement for Med-X’s Regulation CF Offering. Please read the offering circular at [(  Flying together with our sponsor Recent statistics tell us that 47 million people in the United States live in food-insecure households, including nearly 14 million children. These struggling families need a new lease on life and [new hope through faith in Christ this Thanksgiving.]( Give today toward Cru Inner City’s annual Boxes of Love outreach to share Thanksgiving meals and the gospel with families in need in urban communities across America. Every $48.50 you give today will provide a Box of Love full of holiday food, more than enough to feed a family of six. [Thank you for providing food, hope, and the gospel in the inner city this Thanksgiving.]( [Science & Technology] ➤ New DNA analysis of ancient Pompeii remains revealed that scientists misidentified the genders of some victims, revealing that one of the two people previously thought to be sisters or a mother and daughter locked in an embrace was actually a man. ([See Photos]() ➤ Sonar images thought to show Amelia Earhart’s lost Lockheed 10-E Electra have been identified not as a wrecked plane but rather a rock formation, an ocean exploration company reports. ([See Photo]()  ➤ New Hubble Telescope images of a supernova reveal a galaxy illuminated by diverse celestial lights, including those from young hot stars and a supermassive black hole. ([See Images]() Flying together with our sponsor ➤ Shocking Health Alert! Dr. Brian Paris reveals a protein in your body may be the [secret culprit]( behind your joint pain. Millions are already tuning in. Grab your chance to watch this revealing video for free – today only! Video presentation: [Unlock the secret!]( [The Rotator] [Entertainment] ➤ Late-night hosts, including Jimmy Kimmel and Stephen Colbert, reacted bitterly to President-elect Trump’s win over Vice President Harris, sharing their disappointment and emotional reactions on their Wednesday shows. ([More]()  ➤ The final episodes of the popular Yellowstone television series begin Nov. 10 on the Paramount Network, with series star actor Luke Grimes promising a fast-paced, powerful conclusion to the beloved series. ([More]()  ➤ Lucasfilm has tapped Simon Kinberg to write and produce a new Star Wars movie trilogy, leaving open the question of whether he'll continue the Skywalker Saga or create a new storyline. ([More]() [Et Cetera] ➤ A massive Southern California brush fire near Camarillo spread to 14,500 acres, destroying homes and forcing 14,000 evacuations amid dangerous Santa Ana winds. ([More]() ➤ Hurricane Rafael struck Cuba on Wednesday as a Category 3 storm, knocking out power nationwide before weakening to Category 2 as it moved into the Gulf of Mexico. ([More]() ➤ A volcano in Indonesia erupted seven times Thursday, launching ash 8,000 meters skyward and forcing 10,000 residents into shelters. ([Watch Video]() Flying together with our sponsor ➤ With the election behind us and a new administration incoming, access to unbiased, uncensored information is more important than ever. [Enter Freespoke](—the only search engine with uncensored news and information that puts YOU first. [Download and try a search today](. [Poll Position] Do you have a fire extinguisher in your home? - [Yes]( - [No]( --------------------------------------------------------------- Yesterday's Results: Have you become your parents? - Yes: 30.7% - No: 48.6% - On my way: 20.6% [Quote Box]Daily Quote [Quote] "It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them." — [Bernie Sanders](, a U.S. senator from Vermont, on Kamala Harris' election defeat [Trivia]Today's Trivia What popular fruit is radioactive? [Show me the answer]( [Unsubscribe]( (Step One) The Flyover, LLC 1910 Thomes Ave. Cheyenne, WY 82001-3527 [.]( [Flyover] [Join the Flyover]( [Facebook Icon]( [Instagram Icon]( [Twitter Icon]( [LinkedIn Icon](

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