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Fed Keeps Interest Rates Unchanged

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www.wbap.com – – 2023-12-13 14:12:28

SUMMARY: The Federal Reserve has decided to keep its key interest rate unchanged for the third time, with signs that it may be done raising rates after a period of rapid increases. Fed policymakers also indicated that they expect to make three quarter-point cuts to their benchmark interest rate next year, which is fewer than what was anticipated by financial markets and some economists. In a statement, the Fed acknowledged progress in their fight against inflation, stating that inflation has fallen in the past year. This suggests a shift in their approach to monetary policy.

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President Biden told governors he had medical checkup after debate and is in good health: Sources

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abc13.com – ABCNews – 2024-07-04 13:55:15

SUMMARY: During a private meeting with Democratic governors, President Joe Biden disclosed he had a medical checkup following a recent debate and is in good . The checkup, conducted by a White House physician, took place a few days after the debate due to a cold and was brief, involving no major tests. This information was confirmed by two people familiar with . White House press secretary Karine Jean-Pierre stated that no additional medical exams have been conducted since his last physical in February. The was first reported by Politico. ABC News has reached out to the White House for comments.

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Video shows Hurricane Beryl’s path of destruction through Jamaica, eastern Caribbean

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www.kxan.com – Mike Costanza – 2024-07-04 13:26:20

SUMMARY: Hurricane Beryl caused significant destruction in Jamaica and the eastern Caribbean, with flooded bridges, uprooted trees, and flying debris. Social media showed the historic Flat Bridge in Jamaica submerged by the Rio Cobre river and debris from a hotel facade airborne. Beryl's eye wall impacted Jamaica's southern coast, causing power outages and home damage. The hurricane severely damaged 95% of homes on Mayreau and Union Island in the Lesser Antilles. In Grenada, one person died from a fallen tree, and additional fatalities were reported across Grenada, Carriacou, St. Vincent and the Grenadines, and northern Venezuela.

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1 detained, 2nd suspect wanted in chase involving stolen truck towing boat on Eastex Freeway, Harris County Precinct 4 says

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abc13.com – Mycah Hatfield – 2024-07-04 11:52:25

SUMMARY: Harris County, Texas Deputies, aided by other law enforcement, engaged in a chase involving a stolen vehicle towing a boat early Thursday morning. The Houston Transtar cameras recorded the pursuit on I-45 North. The suspects drove against traffic near Eastex Freeway and Will Clayton Parkway, reaching speeds of 98 mph. Precinct 4 Constable Mark Herman tweeted that Houston, Sugar Land police officers, and Montgomery County sheriff's deputies were involved. One suspect was detained, but another remains at large. The incident was covered by Eyewitness and ABC13, with continuous updates available through their live stream.

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The post 1 detained, 2nd suspect wanted in chase involving stolen truck towing boat on Eastex Freeway, Harris County Precinct 4 says appeared first on abc13.com

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