The Federal Reserve announced a 0.5% interest rate cut, the first since 2020 and the largest reduction in 16 years. NBC’s Christine Romans explains the implications for consumers. In other news, the body of a suspected Kentucky highway shooter was found, and Sean ‘Diddy’ Combs was denied bail for the second time. Meanwhile, former CIA director John Brennan warns of escalation after Hezbollah devices explode in Lebanon, causing injuries to thousands. Amazon is requiring employees to return to the office five days a week, and teen entrepreneurs are using AI to assist with schoolwork. Kate Middleton returns to royal duties after chemotherapy, while Polaris Dawn crew members share their experience of a historic spacewalk. Overall, significant events such as interest rate cuts, criminal investigations, and international conflicts continue to shape the news cycle.
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Federal Reserve reduces interest rate for the first time since 2020
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