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Hurricane Melissa has left a trail of devastation across the Caribbean, killing more than 30 people and causing widespread destruction as it continues its path toward the Bahamas. The storm, which struck Jamaica on Tuesday as a catastrophic Category 5 hurricane, is one of the most powerful Atlantic hurricanes ever recorded. As of late Wednesday […]

The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its second cut of the year — as policymakers attempt to steady an economy grappling with slowing job growth, elevated inflation, and an ongoing government shutdown. The decision brings the federal funds rate down to a range of 3.75% to […]

Amazon announced Tuesday that it plans to cut roughly 14,000 positions from its corporate and technology workforce as part of a broad effort to simplify its structure, reduce bureaucracy, and redirect resources toward its most important priorities, including artificial intelligence. The announcement comes just ahead of Amazon’s quarterly earnings report, as the company continues to […]

The U.S. military carried out another series of strikes on four vessels in the eastern Pacific on Monday — killing 14 people and leaving a single survivor — as part of the administration’s broader campaign against groups it holds responsible for trafficking narcotics to the United States. Defense Secretary Pete Hegseth posted on X that […]