Feds Announce Jumbo Interest Cut

Published: Thu, 09/19/24

Updated: Mon, 09/23/24

The Federal Reserve slashed interest rates by half a point, marking its first cut since 2020. The move aims to lower borrowing costs, provide economic relief, and continue its fight against inflation.Insert Preheader


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Feds Announce Jumbo Interest Cut

CNN

The Federal Reserve slashed interest rates by half a point, marking its first cut since 2020. The move aims to lower borrowing costs, provide economic relief, and continue its fight against inflation.

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Second Wave of Exploding Devices

BBC

Exploding walkie-talkies and pagers in Lebanon have killed at least 20 people and injured hundreds, targeting Hezbollah strongholds and reportedly compromising the group's communications.

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Teamsters Decide Not To Decide

Yahoo! News

The Teamsters Union, historically influential in presidential elections, announced it will not endorse any presidential candidate, citing insufficient commitments from both Harris and Trump.

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Repercussions of Pager Attack

The Washington Post

David Ignatius explains that Israel's sophisticated pager attack on Hezbollah fighters not only weakens the group’s communication network but also risks derailing cease-fire talks.

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Watch Today's Headlines

Nelson DeMille, AKA John Corey, Is Gone

New York Daily News

Nelson DeMille, best-selling author of 23 novels, including "By the Rivers of Babylon" and "The Maze," has died at 81 after a battle with cancer, leaving a lasting legacy as a beloved storyteller.

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Song Writer JD Souther Passes at 78

Deadline

JD Souther, the acclaimed songwriter behind iconic hits for The Eagles and Linda Ronstadt, passed away at 78, playing a pivotal role in shaping the SoCal’s country-rock sound of the 1970s.

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Saudis Demand Palestinian State

The Times of Israel

Saudi Crown Prince Mohammed bin Salman stated that Saudi Arabia will not establish diplomatic ties with Israel without the creation of an independent Palestinian state.

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Russian Trolls Create Fake Harris Story

CBS News

A Russian troll farm fabricated a false story claiming Kamala Harris was involved in a 2011 hit-and-run that left a 13-year-old paralyzed, according to a Microsoft report.

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UN Votes to End Israeli Occupation

Al Jazeera

The United Nations General Assembly passed a resolution urging an end to Israeli occupation in Palestinian territories. Member states voted 124 in favor, 43 abstained, and 14—including the U.S.—voted against.

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Woj Retires From ESPN

ESPN

Adrian Wojnarowski, ESPN's top NBA insider known for breaking basketball news, is retiring to become the men's basketball program general manager at his alma mater, St. Bonaventure.

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They Knew The Pet Story Wasn't True

The Wall Street Journal

Despite being told the rumors were false, the Trump campaign amplified baseless claims that Haitian immigrants in Springfield were eating pets, leading to panic, bomb threats, and unrest in the city.

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We've Forgotten What We Have in Common

NBC News

Chuck Todd warns that political divisions are worsening as both parties exploit events like the recent assassination attempt on Trump for partisan gain, deepening the divide.

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U.S. Overdose Deaths Plummet

NPR

U.S. drug overdose deaths have dropped for the first time in decades, plummeting by 10.6%, offering a rare glimmer of hope in the fight against an epidemic that has claimed countless lives.

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AC Mayor Indicted on Child Abuse

NJ.com

Atlantic City Mayor Small Sr. and his wife, were indicted on child endangerment, with the mayor also facing terroristic threats and aggravated assault for allegedly abusing their teen daughter.

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76ers One Step Closer to Center City

6ABC Philadelphia

Philadelphia Mayor Cherelle Parker has reached a $1.3 billion deal with the 76ers for a new Center City arena, despite backlash from Chinatown residents who fear displacement.

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Huckabee Sanders Hits Harris Over Kids

Politico

At a Trump town hall, AK Gov. Sarah Huckabee Sanders remarked, "Unfortunately, Kamala Harris doesn't have anything keeping her humble," referencing Harris' lack of biological children.

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Shapiro Forgets ID, Refused Service

The Hill

In an ironic twist, PA Gov. Josh Shapiro was denied alcohol at a convenience store while trying to celebrate the new law he signed expanding access to canned cocktails—because he forgot his ID.

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No Leftovers For Tupperware

TODAY

Tupperware, the 77-year-old food storage giant, has filed for Chapter 11 bankruptcy, planning to restructure and continue operations while seeking a buyer to modernize the brand.

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Renew Your Passport Online

Scripps News

The U.S. State Department has launched an online passport renewal system, allowing Americans to renew digitally, with processing times remaining six to eight weeks for regular service.

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Melania Proud of Nude Modeling

New York Post

Former first woman Melania Trump, who is known for being publicly private, defended via social media her past nude modeling, saying “we should honor our bodies” while scrutinizing the media for judgement toward her.

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Half of Americans Back Deportations

For the Left

A Scripps News/Ipsos poll found just over half of Americans support mass deportation of illegal Immigrants, a policy made popular under Trump that he vows to actualize if reelected. 

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Blasting Trump’s Deportation Ideas

For the Right

Harris criticized Trump’s plan to deport millions of illegal immigrants at a speech to the Congressional Hispanic Caucus Institute, questioning his potential need for massive raids and detention camps. 

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