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edicts a slow recovery with unemployment at 9.3 percent by the end of 2020. The Fed projects the rate will drop to 6.5 percent by the end of 2021, Heather Long reports. "Chair Jerome H. Powell stressed Wednesday that more aid from Congress and the central bank is likely to be needed, especially since a sub
ck said China backslid the most last year on religious liberty, as thousands more people of faith were subjected to forced labor and imprisonment. (Carol Morello) • The British death toll would have been halved if the country locked down a week earlier, former government adviser Neil Ferguson testified befo
A: -- The Fed cut the benchmark interest rate for the first time in more than a decade, lowering it by a quarter- point to just under 2.25 percent. Heather Long reports: The goal is to bolster the country's economy "amid early signs of a global slowdown. However, the central bank also inadvertently caused
administration imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, a dramatic step bound to further escalate tensions with Tehran. Carol Morello and Karen DeYoung report: "A senior administration official said Zarif had acted more as a `propaganda minister' than a diplomat. The announcement
at the Fed's July meeting. While Wall Street traders are anticipating a 25-basis-point cut, Shelton is publicly pushing for a 50- basis-point cut. (Heather Long) 3. Kelly Craft, Trump's nominee to be U.N. ambassador and the wife of a billionaire coal magnate, spent more than half of her days as ambassador
ee people and wounded eight others at a naval base in Pensacola, Fla. The FBI is investigating the incident as an act of terrorism. Devlin Barrett, Carol Morello and Hannah Knowles report: "Officials sought to reassure Pensacola residents that they knew of no ongoing threat to the area, saying that while inv
A: -- The Fed cut the benchmark interest rate for the first time in more than a decade, lowering it by a quarter-point to just under 2.25 percent. Heather Long reports: The goal is to bolster the country's economy "amid early signs of a global slowdown. However, the central bank also inadvertently caused c
administration imposed sanctions on Iranian Foreign Minister Mohammad Javad Zarif, a dramatic step bound to further escalate tensions with Tehran. Carol Morello and Karen DeYoung report: "A senior administration official said Zarif had acted more as a `propaganda minister' than a diplomat. The announcement
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