The Friday Flyover Replay : Fed Cuts Rates, First Female Chief of Staff, and Yellowstone Returns

The Friday Flyover Replay : Fed Cuts Rates, First Female Chief of Staff, and Yellowstone Returns

Presented by Russell Sherrard,

Narrated by Artificial Intelligence, Our Hosts are Christopher and Jenny,

THE FLYOVER REPLAY,

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.

We hope you enjoyed reading today’s Flyover. Let us know how we’re doing by replying to Russell Sherrard at russellsherrard@reagan.com.

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TAKEOFF,

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.

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.

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.

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.

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.

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.

After a word from one of our sponsors Jenny will be Narrating the last half of the news.

And Now, A word From one of Our Sponsors,

Are you an author or writer with a Blog and wonder if it is being effective?
I have added audio to my blog posts and am getting good comments. I can add voice to your blog posts. You choose Male/Female $10 per post. Direct your inquiries to russellsherrard@reagan.com

Thanks Christopher,

Now, back to the News.

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.

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.

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.

2024 Election Countdown,

Election Countdown: +3 Days,

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.

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.

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.

FINANCE,

Big Stock Move: AppLovin stock shot up 78% Thursday after the mobile ad-tech company reported Q3 earnings and revenue well above expectations.

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.

The FDA proposed banning oral phenylephrine, a decongestant found in NyQuil, Benadryl, Sudafed, and Mucinex, after determining it doesn’t effectively relieve congestion.

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.

SCIENCE AND TECH,

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.

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.

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.

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.

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.

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.

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.

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.

A volcano in Indonesia erupted seven times Thursday, launching ash 8,000 meters skyward and forcing 10,000 residents into shelters.

Daily 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

And thats the news for today.

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