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Trump Proposes Closing Department of Education via Executive Action

                                     In a bold move, U.S. President Donald Trump has announced his intention to dismantle the Department of Education through executive action. Trump, who has long criticized the federal government's role in education, believes that states should have more control over their schools. During a press conference in the Oval Office, Trump stated, "We spend more per pupil than any other country in the world, and we’re ranked at the bottom of the list. What I want to do is let the states run schools." Despite acknowledging that an executive order would face significant challenges, Trump expressed his preference for working with Congress and teachers' unions to achieve this goal. The proposed dismantling of the Department of Education has sparked a debate about the future of federal involvement in education. Critics argue that eliminating the depart...
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"Stock Market Futures Stall as Investors Await Key Inflation Data

                                               


Stock market futures for the Dow, S&P 500, and Nasdaq took a breather on Tuesday as investors braced for the upcoming consumer inflation report. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all paused their recent rallies, with futures indicating a cautious start to trading.

Market analysts are closely watching Wednesday's Consumer Price Index (CPI) data, which could influence the Federal Reserve's final interest rate decision of the year. Expectations are high for a quarter-point rate cut on December 18, but the CPI report will be a critical factor in confirming or adjusting those expectations.

In other news, Nvidia's stock took a hit after Chinese regulators announced an antitrust probe into the company, causing a ripple effect across the tech sector. Meanwhile, US-listed Chinese stocks saw gains following Beijing's announcement of new stimulus measures.

As the year-end approaches, investors remain cautious, balancing the potential for a Santa rally with geopolitical uncertainties and economic data points.




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