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Korva Coleman
In Washington, I'm Korva Coleman. Stocks open mixed this morning as the Commerce Department reported a slowdown in the Nation's economic growth. NPR's Scott Horsley reports. The Dow Jones industrial average slipped about 40 points in early trade.
Scott Horsley
The nation's gross domestic product grew at an annual pace of 1.4% in October, November and December, compared to a rate of 4.4% the previous quarter. Part of that downshift was caused by the six week government shutdown, much of which will be made up over time. Consumer spending and business investment continue to fuel the economy, although consumer spending grew more slowly during the holiday shopping season than it did earlier in the year. Consumer prices in December were up 2.9% from a year ago, according to the Commerce Department's inflation yardstick, which is closely watched by the Federal Reserve. Stripping out volatile food and energy prices, core inflation was 3%. Scott Horsley, NPR News, Washington.
Korva Coleman
President Trump's border czar says he expects to finish drawing most federal immigration agents out of Minnesota by next week. Some 3,000 federal agents were in the state until this month. Speaking to cnn, Tom Homan says his goal is to reduce that number to about 150 officers.
Tom Homan
We do have a small team of security forces to back up ICE agents in case things get out of hand and if law enforcement continues to respond like they've committed to, then we'll pull that small force out.
Korva Coleman
Homan also says the federal immigration surge in Minnesota is over. President Trump sent Homan to Minnesota after federal agents shot and killed two Minneapolis protesters last month. Fire officials in Oklahoma say the Ranger Road fire has scorched nearly 450 square miles. That's about the size of the city of Los Angeles. The blaze is about 20% contained. The fire crossed Oklahoma's northern border and is burning in Kansas. Oklahoma Governor Kevin Stitt has put four counties under states of emergency. More police cars have arrived at the homes of former British Prince Andrew. He was arrested yesterday. NPR's Fatima Al Kassab reports from London. Andrew was released after several hours.
Fatima Al Kassab
Photos of the former prince leaving a police station in the back of a car are plastered all over the British newspapers. Andrew spent 11 hours in police police custody after he was arrested on suspicion of misconduct in public office, which carries up to life in prison. Police say Andrew is still under investigation and is yet to be charged or exonerated. Meanwhile, British police are continuing to search royal residences, rifling through correspondence with Jeffrey Epstein to determine whether the former prince, who remains eighth in line to the throne, abused his role as a UK Trade envoy by passing confidential information to the late sex offender. Andrew has always denied wrongdoing. Fatima Al Kassab, NPR News, London.
Korva Coleman
On Wall street, stocks have turned higher. The Dow is now up 215 points. You're listening to NPR. One day after American women won gold in Olympic ice hockey, the US Men will take to the ice to keep their gold medal hopes alive. Steve Futterman has more from Milan.
Steve Futterman
After surviving an overtime scare and beating Sweden in a quarterfinal match, the US Men will face Slovakia in a semifinal contest. If the Americans win, the men will advance to their first Olympic gold medal game since the memorable 2010 final where the US lost to Canada in overtime. In the other semifinals are those Canadians. Canada will face off against Finland. It all sets the stage for another possible U.S. canada final on Sunday. The last time the American men won an Olympic hockey Gold was in 1980 in the legendary Miracle on Ice game against the Soviet Union. For NPR News, I'm Steve Futterman in Milan.
Korva Coleman
The US Captured the gold medal last night in the women's individual skating competition. Alyssa Liu is the first American woman to win that gold medal in more than 20 years. And this just in. The U.S. supreme Court has struck down President Trump's global tariffs. These were enacted under a federal law that was meant for national emergencies. The justices on the Supreme Court said that President Trump's tariff policies under the special law are unconstitutional. This Supreme Court decision has dealt a major blow to the president's signature economic policy. Again on Wall street, the Dow is up nearly 200 points at 49,585. The NASDAQ is up 123 points. I'm Korva Coleman, NPR News.
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This fast-paced, five-minute episode delivers a concise update on the key news stories of the morning, spanning economic updates, U.S. immigration policy, major wildfires, royal scandals in the U.K., Olympic highlights, and a landmark Supreme Court decision.
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