FIVE MINUTE DAILY

In partnership with

A winter storm snarling travel in the East, renewed violence in Israel, and California’s reset on high-speed rail all point to the same pressure point: systems under strain.

From aging infrastructure and climate volatility to security risks and funding uncertainty, these moments show how quickly local shocks can ripple outward.

Forward this to a friend who wants the world in five minutes.

Amazon Prime members: See what you could get, no strings attached

If you spend a good amount on Amazon, this card could easily be worth $100s in cash back every year. And — even better — you could get approved extremely fast. If approved, you’ll receive an insanely valuable welcome bonus deposited straight into your Amazon account, ready to use immediately.

You also don’t have to jump through any hoops to get this bonus. No extra work or special spending requirements. Get approved, and it’s yours.

This might be one of the most powerful cash back cards available, especially considering how much most people spend on Amazon each month. It gives you the chance to earn cash back on the purchases you’re already making, turning your routine shopping into something that actually pays you back.

If you shop at Amazon or Whole Foods, this card could help you earn meaningful cash back on every purchase you make. But this offer won’t last forever — and if you’re an Amazon Prime member, this card is as close to a no-brainer as it gets.

Amazon Prime members: See what you could get, no strings attached

The Big Read

A Winter Storm Batters the East

A fast-moving storm pushed heavy snow, ice, and dangerous road conditions across parts of the Midwest and Northeast, snarling airport operations and slowing post-holiday travel. Holiday weekend plans matter because even short disruptions can ripple into supply chains, missed work shifts, and strained local emergency services.

Utilities and transportation agencies leaned on pre-positioned crews and staggered de-icing operations as the system intensified over densely traveled corridors. Winter extremes matter more now because climate-driven volatility is colliding with aging infrastructure and stretched municipal budgets.

Another round of colder air is expected to keep spotty hazards in place even after the main band moves on. Weekend travel matters because delays tend to compound at hub airports and on major interstates, raising costs for airlines, shippers, and families trying to get home.

Northern Israel Attack Rekindles West Bank Tensions

A deadly car-ramming and stabbing in northern Israel killed two people and injured others, with the attack timeline spanning multiple locations before the suspect was shot. Israeli forces moved into the attacker’s West Bank hometown as security operations expanded in the aftermath.

Violence tied to the wider Israel-Hamas war has pushed regional tensions higher, with the West Bank seeing sustained pressure and retaliatory actions. A separate diplomatic jolt surfaced in the same update as Somaliland recognition entered the mix, adding a new regional variable beyond the immediate security response.

Near-term risk now hinges on whether localized attacks broaden into wider unrest or prompt new policy shifts. Security measures, diplomatic signaling, and humanitarian pressures are all converging as the conflict’s effects continue to spill across borders.

California Drops Its High-Speed Rail Lawsuit and Looks for New Money

California’s bullet train authority dropped a lawsuit over more than $4 billion in rescinded federal grants and says it will proceed without Washington as a reliable partner via a project update.

State leaders are leaning harder on dedicated state funding and a push to attract private capital for a project that has faced years of cost and schedule pressure.

Voters approved the original plan in 2008, and the scope has narrowed as budgets rose and timelines slipped. A new strategy aims to keep construction moving while reframing what “complete” means over the next decade.

National infrastructure politics are colliding with on-the-ground realities like land acquisition, labor costs, and engineering risk. Next steps will shape whether the U.S. can deliver megaprojects at scale without stable federal backing.

World View

Argentina Passes a 2026 Budget

A late-night vote delivered Argentina’s first legislator-approved 2026 budget since President Javier Milei took office, giving the government a firmer fiscal baseline going into the new year. That vote matters because international investors and lenders track budget discipline as a proxy for policy stability.

U.S.-Backed Strikes Hit ISIS-Linked Camps in Nigeria

Nigeria said U.S.-backed airstrikes hit two ISIS-linked camps, describing a precision operation aimed at preventing planned attacks. The escalation matters because it highlights how extremist networks and counterterror operations are pushing into new geographies and tactics.

Myanmar Heads to the Polls Amid Civil War

Voting began in parts of Myanmar under a military-run process that will not cover the whole country, as election phases proceed amid conflict. Legitimacy questions matter because large areas remain outside state control and humanitarian needs keep rising.

Need To Know

Times Square Adds a Patriotic Twist for New Year’s Eve

New York’s Times Square will feature a red-white-and-blue crystal ball to launch U.S. 250th-birthday programming in 2026. Organizers are also planning a rare midyear ball drop, turning a holiday spectacle into a yearlong civic campaign.

A Powerball Jackpot Lands in Arkansas

An Arkansas ticket won a record-sized prize after the Christmas Eve drawing ended a long stretch without a top winner. Big jackpots matter because they drive short-term ticket surges and renewed scrutiny of how states use lottery revenue.

U.S.-Backed Strikes Hit ISIS-Linked Camps in Nigeria

Nigeria said U.S.-backed airstrikes hit two ISIS-linked camps, describing a precision operation aimed at preventing planned attacks. The escalation matters because it highlights how extremist networks and counterterror operations are pushing into new geographies and tactics.

Annuity Plans

LOOKING FOR THE HIGHEST GUARANTEED RETURN?

Receive a free annuity comparison report. Your FREE report includes rates & reviews on the highest paying annuities available from A+ rated companies. Reports are customized for state, age, and risk tolerance.

  • Up to 8.25% Returns* with NO Market Risk

  • A+ Rated Companies

  • Safe Retirement Income

  • Get 2025's Highest Rates Now

Don't miss out on this opportunity to secure your financial future with annuities. Contact us today!

*American Equity IncomeShield 10, with an additional Income Rider

Money & Markets

S&P 500 Near 7,000 as Year-End Trading Thins

Investors are watching whether the S&P 500 can touch 7,000 as a strong 2025 heads into the final sessions via a week-ahead view. Attention is also shifting to the next Federal Reserve chair decision, which could reset rate expectations quickly.

Active Managers Face a Fresh Wave of Outflows

A year of index-beating challenges drove more money away from stock pickers as fund flows turned into a major story in a markets analysis. Allocators are weighing whether 2026 brings a broader rally that rewards active bets or reinforces passive dominance.

Yen Pressure Builds as Traders Watch 160 Per Dollar

The yen has remained under pressure as capital outflows and cautious central-bank signaling keep bears in control in a currency note. A sharper move would matter for exporters, import inflation, and global carry trades.

Future Frontiers

A SpaceX Launch Targets Saturday Night

A Falcon 9 mission targeting Dec. 27 is set to lift off from California for the COSMO-SkyMed Second Generation satellite program. Launch cadence matters because commercial and government customers increasingly rely on tight orbital schedules for imaging, communications, and security.

Researchers Flag a Promising Mars Landing Zone

A new analysis highlighted shallow subsurface ice in a region that could support future crewed missions, pointing to a potential landing site where water access would be less equipment-intensive. Site selection matters because early Mars logistics depend on local resources for drinking water, oxygen, and fuel.

States Push Back on Proposed PFAS Reporting Changes

Attorneys general from 15 states opposed proposed revisions to PFAS reporting rules in a policy brief. Compliance details matter because PFAS tracking shapes cleanup priorities, legal liability, and consumer product scrutiny.

The Score

Jazz Edge Pistons in a Late Push

Utah held off Detroit 131-129 in a riveting back-and-forth finish. Tight games like this start to matter more as teams position for the midseason trade window.

Bulls Keep Rolling With a Win Over the 76ers

Chicago beat Philadelphia 109-102 as a key run flipped momentum. Conference races are compressing, making every late-December result more expensive to give away.

Manchester United Climb With a Win Over Newcastle

Manchester United moved up to fifth after beating Newcastle in a match report. Table positioning matters because European qualification math tightens fast after the holidays.

Life & Culture

Kennedy Center Fallout Reaches Beyond One Canceled Show

A broader arts community response showed programming and ticketing pressure building as performers reassess commitments. Cultural signaling matters now because cancellations can cascade across a season and reshape donor and sponsor decisions.

Perry Bamonte of The Cure Dies at 65

The Cure confirmed the death of guitarist and keyboardist Perry Bamonte in a band statement. Tributes matter because he shaped decades of touring and multiple studio eras tied to the band’s signature sound.

A Bigger Conversation on Warning Labels

The policy push is pulling design features like autoplay and infinite scroll into the same debate space as public health warnings. Consumer behavior matters now because labels can change perception even when habits don’t quickly follow.

Deep Dive

A Court Puts a Spotlight on Tech Rules and Free Speech

A federal judge issued a temporary order blocking the U.S. from detaining a British anti-disinformation advocate after a lawsuit challenged a visa ban and the threat of removal, setting up a fast-moving legal fight over Imran Ahmed’s case.

The clash matters because immigration tools are colliding with speech protections in disputes that spill across borders.

Washington’s move against a small group of European figures reflects a broader argument about online governance, with U.S. officials framing some overseas approaches as pressure that chills speech while European policymakers frame them as guardrails against harm.

That tension matters because American tech firms operate globally, and conflicting rules can force product changes that reshape what users see and share.

Civil-liberties concerns sharpen when enforcement targets people who live and work in the United States but remain tied to visa status, since legal remedies often arrive only after reputational and professional damage is done.

That vulnerability matters because it can deter advocacy work and complicate how nonprofits, researchers, and companies engage on content policy.

Next week’s court conference will offer an early read on whether judges treat this dispute as a narrow immigration matter or a broader constitutional test with implications for U.S.-Europe relations on tech regulation.

The path forward matters because similar disputes could multiply as governments try to shape platform behavior while activists and companies test where enforcement ends and protected speech begins.

Extra Bits

  • A year-end AP “great reads” roundup doubled as a reminder that slow-burn stories often outlast breaking news.

  • A winter storm turned airport people-watching into an endurance sport as travelers camped overnight under departure boards during mass delays.

  • Chinese regulators are now debating whether chatbots should be allowed to sound too charming in human-like conversations.

  • Bowl season chaos peaked when overtime rules met exhausted defenses in a late-night college thriller.

Today’s Trivia

Trivia: Which metal is the best natural conductor of electricity?

Login or Subscribe to participate

Thanks for reading—today’s edition is built to help you connect the dots fast across politics, markets, science, sports, and culture. Forward this to a friend and subscribe so you never miss a morning.

—The Five Minute Daily Team

Keep Reading

No posts found