The White House appears to be walking back President Joe Biden’s remark that Israel is losing international support because of “indiscriminate bombing.” The White House said Wednesday that despite concerns, the United States still strongly supports Israel in its war with Hamas.
The House of Representatives on Wednesday voted along party lines to authorize an impeachment inquiry into President Joe Biden. Republicans have been probing whether President Biden improperly benefited from business dealings of his son Hunter. The White House denies any wrongdoing.
A Moscow court ruled on Thursday that Wall Street Journal reporter Evan Gershkovich, arrested in Russia on espionage charges, will remain in detention until Jan. 30. Gershkovich and the paper deny the allegations, and the U.S. government has declared him to be wrongfully detained.
The Federal Reserve left interest rates unchanged on Wednesday and forecast three rate cuts in 2024. Stocks rallied and Treasury yields fell sharply after the announcement, with the Dow Jones Industrial Average jumping to a record high close above 37,000 points.
Dozens of yachts and boats of all sizes are taking part in the 115th annual Newport Beach Christmas Boat Parade in California, lighting up the harbor for the event that began Wednesday night.
