President Jimmy Carter established diplomatic ties with Beijing and cut formal relations with the government in Taipei, which ruled China before the CCP.
The nation’s homeless population grew by 18.1 percent from 2023 to 2024, the U.S. Department of Housing and Urban Development (HUD) announced on Dec. 27.
Federal Reserve followed through on the third straight interest rate cut lowering the benchmark rate by 25 basis points to a range between 4.25% and 4.5%.
House of Representatives is to vote on annual defense bill, which includes $3 billion to remove Chinese telecom equipment from American wireless networks.
