Boeing said it would freeze hiring and delay pay increases for salaried workers to handle the financial fallout from a strike by its largest union. Icahn Enterprises says a judge dismissed a proposed class-action lawsuit against the company and some of its directors. J.R. Whalen reports. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Category: Newscasts
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After holding rates at a two-decade high, the time has come for the Federal Reserve to lower interest rates. With the Fed’s decision expected on Wednesday, the question remains: how big will the cut be? And will everyday consumers feel any relief? While rate cuts will give businesses crucially lower borrowing costs, everyday consumers could feel the impact too. Those who grapple with payments on credit cards, mortgages, and loans will especially feel the influence of this move from the Central Bank. FOX Business correspondent Lydia Hu speaks with Chief Market Strategist at Siebert Financial, Sean Bonner, about what experts forecast the size of this week’s rate cut to be, when Americans will feel the impact, and whether or not the U.S. economy appears headed for the “soft landing” economists are hoping for.
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12PM ET 09/16/2024 Newscast
The man accused of trying to assassinate former president Donald Trump yesterday has been charged in federal court today. Trump is adding pressure to an already complicated government funding fight. A Minnesota coal plant found the key to solving America’s biggest clean energy challenge. New York City Mayor Eric Adams’s administration faces federal probes and resignations amid corruption allegations. The plot of HBO’s ‘Succession’ is playing out in a Nevada courtroom today, as Rupert Murdoch’s children are fighting in court over control of his media empire.
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VOA Newscasts
New concerns have been raised in the United States about the safety of presidential candidates after an apparent second attempt in two months on the life of Donald Trump. Mr Trump was unharmed when shots were fired at a Florida golf course where he was playing. A man was later arrested. Also on the programme: Two years on from mass protests in Iran, woman are still be persecuted for uploading photographs of themselves with hair uncovered; and we look back on the life of Tito of the Jackson five who has died at the age of 70. (Photo: Ryan Wesley Routh, the man named as the suspect in the apparent assassination attempt. Credit: Reuters)
