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Federal Reserve officials in September were strongly inclined to lower interest rates, with the only dispute seeming to be over how many cuts were coming, meeting minutes released Wednesday showed.The meeting summary indicated near unanimity among participants at the Federal Open Market Committee that the central bank’s key overnight borrowing rate should be cut due to weakness in the labor market.They split, however, on whether there should be two or three total reductions this year, including the quarter percentage point move approved at the Sept. 16-17 meeting.”In considering the outlook for monetary policy, almost all participants noted that, with the…

Tori Dunlap, the author and entrepreneur behind Her First $100k, has attributed renting to helping her build her business and achieve multimillionaire status. “One of the best financial decisions I ever made was not buying property,” she told CNBC Make It in 2024.Though she could have feasibly afforded to buy property earlier and almost did buy a condo outside of Seattle when she was 22, renting made more sense for her lifestyle. She was traveling often for work and the home she almost bought would have required her to spend roughly three hours a day commuting in and out of the…

Lisa Su, CEO of AMD, left, and Jensen Huang, CEO of NvidiaBenoit Tessier | Ritzau Scanpix | Mads Claus Rasmussen | ReutersIn the 1990s, when Intel dominated the PC chip market, the semiconductor maker needed Advanced Micro Devices to exist as a viable No. 2 to help avoid being charged with monopolistic behavior. Almost three decades later, AMD may be serving a similar role for Nvidia, which controls over 90% of the market for graphics processing units used for artificial intelligence workloads. When AMD announced a deal on Monday that involves selling many billions of dollars worth of GPUs to OpenAI, it…

KUWAIT: Kuwait Municipality has launched a comprehensive field inspection campaign in Ahmadi Governorate to ensure adherence to municipal regulations and maintain public order. The campaign targeted violations across various sectors, with inspectors taking appropriate action against offenders. Head of the Ahmadi Governorate Municipality team, Dr Mubarak Al-Mujawb, told reporters that the initiative aims to enhance basic services, preserve the aesthetic appeal of the governorate, organize markets, and maintain cleanliness.He added that the campaign led to the removal of 13 abandoned vehicles and four food trucks, the arrest of three street vendors, and the issuance of six violations for unlicensed use…

MOSCOW: On October 7, 2025, Nasser Al Motairi, Secretary General of the Asian Cooperation Dialogue (ACD), met with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, at the Ministry of Foreign Affairs in Moscow. The meeting focused on current and future cooperation between Russia and the ACD, highlighting strong collaboration across multiple sectors, including economic, sports, and multilateral initiatives. Minister Lavrov described the ACD as a “promising organization” that continues to gain momentum in advancing Asia’s cooperative agenda. He reaffirmed Russia’s commitment, in partnership with other stakeholders, to support the ACD’s activities, notably through the first-ever ACD Ministerial…

Chimneys stand among the rubble after the passage of the Palisades Fire in Pacific Palisades, California, on Jan. 8, 2025.Agustin Paullier | AFP | Getty ImagesFederal authorities announced Wednesday that they have arrested and charged a Florida man with maliciously starting the deadly Palisades Fire, one of the most destructive blazes in Los Angeles history.Jonathan Rinderknecht, 29, is charged with destruction of property by means of fire, according to a release from the U.S. Attorney’s Office in Los Angeles, which is prosecuting him.Right after allegedly igniting the inferno early New Year’s Day, Rinderknecht “listened to a rap song, which has…

Check out the companies making the biggest moves midday: TopBuild — The insulation installer rallied almost 8% after agreeing to buy Specialty Products and Insulation for $1 billion in cash . “The addition of SPI’s resources and capabilities further enhances our customer value proposition while its complementary fabrication footprint strengthens and expands our presence across North America,” TopBuild CEO Robert Buck said in a statement. Confluent — The data infrastructure platform jumped 9% after Reuters reported it’s considering a sale after attracting takeover interest. Reuters cited unnamed people familiar with the matter saying a possible sale began after private equity…

Chelsea failed to capitalise on a dominant display in their Women’s Champions League opener as they were held to a 1-1 draw away against Twente.Sonia Bompastor made seven changes to the side that drew with Manchester United last Friday and despite creating a host of chances in Enschede her side were forced to settle for a point. Even that had looked in jeopardy when the home side took the lead against the run of play just past the hour mark, Danique van Ginkel sending a wonderful finish into the top corner, before Sandy Baltimore’s penalty rescued the Blues. Image: Aggie…

Last week Lani Kawahara, who oversees the young adult section at Kauai’s largest library, set up her annual display to mark Banned Books Week, a national campaign that kicked off Sunday to spotlight the harms of book censorship in America.The Lihue Public Library display featured some of the top books targeted by censorship activists, along with informational fliers produced by the American Library Association. The fliers discussed the merits of books on the organization’s target list and facts about the strength of efforts to ban books from U.S. schools and libraries, typically due to themes related to race, gender identity…

Harry Maguire’s retrial over an altercation in Mykonos has been postponed for a fourth time because “court documents have not been translated into English”. The hearing in Syros, Greece, was due to start on October 8 but has been rescheduled to March 4, 2026.Maguire, who was not required to attend in person, was arrested after a fight involving his family outside a bar in August 2020.The Manchester United defender was convicted of attacking and attempting to bribe police officers in 2020, but a retrial was granted on appeal, and his conviction was “nullified” in accordance with Greek law.Maguire and his…