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On this version of Hot off the Wire:
» The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing.
» Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday. However, new legislation is potentially on the way.
» Police say a shooting at an Amazon Flex warehouse facility in Arizona has left one contract worker at the facility wounded and the suspect dead.
» A San Francisco police sergeant has testified that the man accused of attacking the husband of U.S. House Speaker Nancy Pelosi said there was “evil in Washington” and he was targeting Pelosi because she is second in line to the presidency.
» Ukrainian authorities say they thwarted a Russian attack on Kyiv and the surrounding region as their air defense system destroyed 13 explosive-laden drones.
» This year’s nine Associated Press’ Breakthrough Entertainers of the Year includes actors and musicians who flowered in 2022. They are Sadie Sink, Stephanie Hsu, Tenoch Huerta, Joaquina Kalukango, Iman Vellani, Daryl McCormack, Tobe Nwigwe, Simone Ashley and Danielle Deadwyler.
» Twitter has suspended an account that used publicly available flight data to track Elon Musk’s private jet, despite a pledge by the social media platform’s new owner to keep it up because of his free speech principles.
» President Joe Biden says the U.S. “should have societal guilt” for the slow pace of action on restricting access to firearms as he marked the 10th anniversary of the mass shooting at Sandy Hook Elementary School in Newtown, Connecticut.
» Longtime “The Ellen DeGeneres Show” DJ Stephen “tWitch” Boss has died at the age of 40. Boss’ wife, Allison Holker Boss, confirmed his passing in a statement published Wednesday on People.com.
» General Motors is recalling more than 825,000 SUVs and cars in the U.S. and Canada because the daytime running lights may not turn off when the headlights are on.
» Company holiday parties are making a comeback. A survey of 252 U.S.-based companies by hiring firm Challenger, Gray & Christmas finds that more than 57% of companies are planning an in-person holiday party this year.
Watch Now: Tornadoes and snow hit parts of U.S., and more of today's top videos
A massive storm brought tornadoes and snow through parts of Texas, Louisiana and Oklahoma, an adorable bear cub has a new home just in time for Christmas, and more of today's top videos.
Videos captured through Texas, Louisiana and Oklahoma showed devastating effects of severe weather during a massive storm on Dec. 13.
This bear cub has a new home just in time for Christmas. Buzz60’s Keri Lumm shares the sweet story.
Ukrainian authorities said they thwarted a Russian attack on Kyiv and the surrounding region Wednesday as their air defense system intercepted…
A huge Colorado low is tracking across the U.S. bringing dangerous weather from the Rockies to the Midwest. Tornadoes have torn apart building…
It’s a concerning revelation, but how did it become airborne?
'The Independent' reports that NASA's Mars rover has recorded the sound of a dust devil on the surface of the red planet.
The UK’s only polar bear cub has celebrated his first birthday.
'Newsweek' reports that a web game developer has released an app that lets users simulate an asteroid strike on any given location on Earth.