Expected Federal Interest Rate Cut and Global Aftermath of Hezbollah’s Pager Explosions: Morning Recap

The Federal Reserve is expected to announce a long-awaited interest rate cut today, with predictions ranging from 0.25% to 0.5% in light of mixed signals from the economy. The mystery deepens behind the origins of exploding Hezbollah pagers in Lebanon, with conflicting information from Taiwan and Hungary-based companies involved in their production. Meanwhile, Sean “Diddy” Combs awaits trial on sex trafficking charges, with his legal team arguing for his release from jail. In politics, funding fights and tax discussions are ongoing, while Vice President Kamala Harris criticizes Trump’s remarks on Haitian immigrants. The unsettling political discourse is highlighted by NBC News’ Chuck Todd, calling for a more sustainable democracy. In other news, the Polaris Dawn mission marks the world’s first all-civilian spacewalk, the University of North Texas Health Science Center halts a problematic program using unclaimed bodies, and a Chinese American family reunites with the descendants of a Black couple who helped them in 1939. The Home Depot settles a case over charging discrepancies, and France grapples with a mass rape trial with a brave survivor taking a stand. Amazon announces Prime Day dates and benefits for members, encouraging early holiday shopping planning. Subscribe to The Selection newsletter for product reviews, shopping tips, and deals. Share the Morning Rundown newsletter with family and friends for daily curated news updates.

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