The US Federal Reserve cut interest rates by a quarter point, but also signaled a slow pace of further cuts. Policymakers voted 11 to 1 to cut the U.S. central bank’s key lending rate to between 4.25 and 4.5%, according to a statement from the Fed. Economic activity continues to expand at a solid pace, … Read more
The man accused of killing UnitedHealthcare’s CEO has been charged with murder as an act of terrorism. The killing kindled a fiery outpouring of resentment toward US health insurance companies as Americans swapped stories of being denied coverage and stuck with sizeable bills. Greg Shaw, author of “The Dysfunctional Politics of the Affordable Care Act”, … Read more
Renewed negotiations have raised hopes for a three-phase truce between Israel and Hamas, with diplomatic sources citing “final details” in ongoing Qatar-led negotiations. The proposed multi-phase deal could include hostage exchanges and steps towards Gaza’s reconstruction. Source link
The US Federal Reserve has cut interest rates for the third time this year, to 4.25-4.5%. But the central bank indicated it would likely slow the pace of its rate cuts in the coming year, as prices remain high. Rodney Sullivan, from the University of Virginia’s Darden School of Business, says “the signal that the … Read more
Washington— The Federal Reserve cut its key interest rate by a quarter point on Wednesday – its third cut this year – but also signaled it expects to lower rates more slowly next year than before. Mainly due to still high inflation. The Fed’s 19 policymakers estimated they would cut their benchmark rate by a … Read more
Real Madrid, led by Carlo Ancelotti, secured a 3-0 victory over Pachuca in the Intercontinental Cup final on Wednesday in Doha. Goals from Kylian Mbappe, Rodrygo, and Vinícius Júnior highlighted the dominant performance, with Mbappe returning from injury. Source link
The killing in the heart of Moscow of his general in charge of chemical weapons comes on the eve of the Russian president’s traditional marathon end-of-year press conference. Putin’s so far yet to comment on his country’s precipitated drawdown from Syria after the fall of Assad but he’s sure to opine on the death of … Read more
The Academy of Motion Picture Arts and Sciences announced Tuesday that 15 films have now been shortlisted for the 2024 Oscar race for Best International Feature Film. Among them is Germany, which presents Mohammed Rasoulof’s latest film, “The Seed of the Sacred Fig.” The work was inspired by the massive protests in Iran in 2022 … Read more
Seeking to placate the international community, the leader of the group’s military has promised that Syria will not be used as a launchpad for attacks against its neighbors. As it says it poses no threat, it is calling for Israel to leave territory it has seized near the Golan heights, which Israel has said it … Read more
The man accused of killing United Healthcare’s CEO has been charged with murder as an act of terrorism, prosecutors said Tuesday as they worked to bring him to a New York court from a Pennsylvania jail. NYPD’s police commissioner also warned those who appeared to show solidarity with the killing, which triggered an online wave … Read more