CNN By Alexandra Banner, CNN (CNN) — Here’s what else you need to know to Get Up to Speed and On with Your Day. 1. Economy In a significant shift for the US economy, the Federal Reserve on Wednesday announced a jumbo-sized interest rate cut for the first time in four years. The half-point move is
Continue ReadingBy Alexandra Banner, CNN (CNN) — Here’s what else you need to know to Get Up to Speed and On with Your Day. 1. Economy In a significant shift for the US economy, the Federal Reserve on Wednesday announced a jumbo-sized interest rate cut for the first time in four years. The half-point move is a
Continue ReadingAssociated Press BAMAKO, Mali (AP) — A plane that was used for humanitarian work by the World Food Program was damaged during an Islamist attack in the capital of Mali, according to the South African aviation company that owns the plane. The company, National Airways Corporation, said late Wednesday that the plane “came under terrorist
Continue ReadingPARIS (AP) — French media reports say two people have been killed in New Caledonia during a police intervention to apprehend activists, suspected of involvement in deadly unrest over attempts by Paris to amend the French constitution and change voting lists in the French Pacific territory. Local authorities confirmed police intervention near the capital, Nouméa,
Continue ReadingAssociated Press WARSAW, Poland (AP) — European Union chief Ursula von der Leyen on Thursday pledged billions of euros in aid for Central European countries that suffered enormous damage to infrastructure and housing during the massive flooding that has so far claimed 24 lives in the region. Von der Leyen paid a quick visit to
Continue ReadingAssociated Press BANGKOK (AP) — A 64-year-old woman was preparing to do her evening dishes at her home outside Bangkok when she felt a sharp pain in her thigh and looked down to see a huge python taking hold of her. The four-to-five-meter-long (13-to-16-foot-long) python coiled itself around her torso, squeezing her down to the
Continue ReadingAssociated Press MUNICH (AP) — Security has tightened at Oktoberfest after a deadly knife attack last month in western Germany, and officials are warning revelers to expect longer lines to enter as metal detectors are deployed for the first time in the Bavarian beer festival’s 189-year history. Authorities say there are no specific threats to
Continue ReadingAssociated Press SRINAGAR, India (AP) — India’s Prime Minister Narendra Modi is visiting the main city in Himalayan Kashmir to campaign for his party in the staggered local election in the first such vote since New Delhi stripped the disputed region’s semi-autonomy in 2019. Modi’s visit on Thursday to Srinagar city in the Kashmir Valley,
Continue ReadingAP Business Writer LOS ANGELES (AP) — Homebuilder stocks are having a banner year, outpacing the broader market on a wave of optimism that mortgage rates will fall and juice home sales. The S&P Composite 1500 Homebuilding Index, which includes Lennar, D.R. Horton, KB Home and other stocks, is up about 29% so far this
Continue ReadingBy Catherine E. Shoichet, CNN (CNN) — Margery Koveleski says “Why Springfield?” is something she’s been hearing a lot lately. “Everybody asks the question,” says Koveleski, a community activist and translator in the Ohio city who’s been helping its growing Haitian population. Springfield is now home to thousands of Haitians. Last week’s presidential debate thrust
Continue ReadingAP Business Writer HONG KONG (AP) — Hong Kong’s air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft. The report on the Sept. 2 incident by Hong
Continue ReadingAAS, Norway (AP) — Norway has reported dozens of confirmed and suspected cases of bluetongue disease in livestock for the first time in the country since 2009. The virus is insect-borne virus and harmless to humans but can be fatal to sheep and other livestock, The Norwegian Veterinary Institute said the virus known as bluetongue
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The Federal Reserve made lots of Americans happy on Wednesday.
Continue ReadingAP National Writer NEW YORK (AP) — Less than two weeks before his 100th birthday, former President Jimmy Carter is receiving an award from the Dayton Literary Peace Prize Foundation. The foundation announced Thursday that Carter had won the Ambassador Richard C. Holbrooke Distinguished Achievement Award, named for the late diplomat. In 2002, Carter was
Continue ReadingAssociated Press LONDON (AP) — The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago. The decision Thursday was widely expected amid ongoing concerns about inflation within the bank’s
Continue ReadingAssociated Press TAIPEI, Taiwan (AP) — Taiwan says China’s ban on imports of its fruit, vegetables, seafood and other goods violate trade rules, in the latest ratcheting up of tensions between the self-governing island republic and its massive neighbor, which has vowed to annex Taiwan by force. The Taiwanese government’s Mainland Affairs Council said Thursday
Continue ReadingBy Josh Campbell and Elizabeth Wolfe, CNN (CNN) — Witty banter and rivalrous trash talk are commonplace in fantasy football leagues, but one Philadelphia man’s online beef has resulted in an international investigation and federal charges after he falsely accused a fellow player of intending to carry out violent attacks, prosecutors say. Matthew Gabriel, 25,
Continue ReadingMADRID (AP) — Spanish authorities arrested a 32-year-old man for the death of two police officers in February when a speedboat suspected to belong to drug smugglers smashed into their patrol craft, Spain’s Civil Guard said Thursday.The incident occurred on Feb 9, when the Civil Guard craft was on patrol identifying speedboats spotted in the
Continue ReadingAP Business Writer TOKYO (AP) — The six-year-old criminal case of Greg Kelly, an American ensnared in the scandal of Nissan’s former boss Carlos Ghosn has turned a page in a Japanese court, with the judge promising a verdict in February. Kelly’s lawyer Yoichi Kitamura demanded that the court deliver “justice,” using the English word,
Continue ReadingKUALA LUMPUR, Malaysia (AP) — Malaysian police on Thursday detained the CEO and other top leaders of an Islamic business group that is under investigation after hundreds of children believed to be sexually abused were rescued this month from welfare homes linked to the group. The national police chief said 12 men and seven women
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