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Fed Approves First Rate Cut Of 2025 As Job Market Slumps: What To Know Fed Approves First Rate Cut Of 2025 As Job Market Slumps: What To Know
Fed Approves First Rate Cut Of 2025 As Job Market Slumps: What To Know The Federal Reserve has cut its key interest rate for the first time in 2025 amid a slowing job market and economic pressure from President Donald Trump's tariffs. The Fed approved the quarter-point reduction to interest rates on Wednesday, Sept. 17. The overnight funds rate will drop to between 4% and 4.25%, in the first rate cut since December 2024. The cut comes as the Fed warns about rising prices and a slumping labor market. "Recent indicators suggest that growth of economic activity moderated in the first half of the year," the Fed said in a news release. "Job gains have slowed,…

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by Chris Spiker
News
Trump To Mark 9/11 Anniversary At Pentagon, Yankees Game Trump To Mark 9/11 Anniversary At Pentagon, Yankees Game
Trump To Mark 9/11 Anniversary At Pentagon, Yankees Game Donald Trump’s Sept. 11 schedule will take him from solemn remembrance to the roar of the crowd. The president's plans for the 24th anniversary of the 9/11 terrorist attacks were released Tuesday, Sept. 9, offering a mix of official ceremony and personal tradition. White House Press Secretary Karoline Leavitt announced that Trump will begin his commemorations with a memorial event at the Pentagon, paying tribute to those lost in the 2001 attacks. Later that evening, Trump will head to Yankee Stadium for the Detroit Tigers-New York Yankees game, the final contest in a three-game series. The…

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by Joe Lombardi
News
Duchess Of Kent Dies, Oldest Member Of Britain's Royal Family Duchess Of Kent Dies, Oldest Member Of Britain's Royal Family
Duchess Of Kent Dies, Oldest Member Of Britain's Royal Family A quiet force in royal life and a champion of young musicians, Katharine, Duchess of Kent has died, Buckingham Palace announced.  At age 92, she was the oldest member of Britain’s royal family, and familiar to millions for her decades at Wimbledon. "It is with deep sorrow that Buckingham Palace announces the death of Her Royal Highness The Duchess of Kent," the palace said in a statement on Friday, Sept. 5. "Her Royal Highness passed away peacefully last night at Kensington Palace, surrounded by her family." The statement noted that King Charles, Queen Camilla and other members of the…

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by Joe Lombardi