Even After Near-record Returns, CA State Retirement Fund Still $166b Short

A booming stock market propelled California’s main state retirement fund to near-record returns, but the fund is still $166 billion short on its obligations, according to the Reason Foundation. With the taxpayer-funded Legislative Analyst’s Office warning the state should be ready for a possible stock market peak and downturn as weak economic conditions persist, the 12-figure pension shortfall could widen once again – and leave taxpayers with the bill.

Supreme Court Blocks National Guard Deployment To Chicago

The U.S. Supreme Court ruled Tuesday that President Donald Trump can’t use National Guard troops in Chicago to help federal immigration enforcement, in another blow to the president’s push for federalization nationwide.

Dutch Town On Edge After Car Hits Crowd At Christmas Lights Parade

The Netherlands remained on edge Tuesday after a car drove into a crowd of people waiting to watch a Christmas parade in the eastern Dutch town of Nunspeet, injuring numerous people at a time when Europe has faced several threats against holiday events.

Worthy Christian News