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Top Daum News
Federal Reserve · WashingtonThe Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11 to 1 vote that signaled less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4%-4.25%.See the Story
Federal Reserve cuts key rate by quarter-point and signals two more cuts this year
50% Center coverage: 349 sources
Refugees · GazaBy Ibrahim Dahman Nadeen Ibrahim, Abeer Salman, Tim Lister, Lauren Izso and Thomas Bordeaux, CNN (CNN) — Israeli tanks were stationed on the edge of Gaza City on Wednesday ahead of a planned ground operation into the enclave’s largest urban area, according to eyewitnesses and satellite imagery. Amid the military build-up, tens of thousands of Palestinians continued to leave the city, which was estimated to have a total of about one million inhab…See the Story
Israeli Tanks Surround Gaza City Ahead of Ground Incursion as EU Proposes Sanctions Amid Global Outcry
60% Center coverage: 15 sources
