Tag: expected
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New York City Mayor Eric Adams expected to face federal charges
New York City Mayor Eric Adams is expected to face federal charges by prosecutors out of the Southern District of New York as soon as tomorrow, two sources familiar with the matter said Wednesday night. The Adams administration is reeling from a series of high-level resignations amid at least four federal probes. Adams has repeatedly denied…
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Consumer confidence fell more than expected this month
Consumers’ view on the economy tumbled in September, falling by the largest level in more than three years as fears grew about jobs and business conditions, the Conference Board reported Tuesday. The board’s consumer confidence index slid to 98.7, down from 105.6 in August, the biggest one-month decline since August 2021. The Dow Jones consensus forecast was…
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Fed interest rate cut expected and global trail behind Hezbollah pager explosions: Morning Rundown
A long-awaited interest rate cut is expected today. The mystery behind the origins of the exploding Hezbollah pagers deepens. And Sean “Diddy” Combs’ team will argue again for his release as he awaits a sex trafficking trial. Here’s what to know today. Fed expected to cut key interest rate Chair of the U.S. Federal Reserve…