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The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn.Policymakers led by Fed Chairman Jerome Powell voted 8-2 in favor of a small cut in the federal funds rate, and recommitted to their promise to "act as appropriate" to sustain the country's 369

The 116th class of Congress broke barriers before its members even set foot in Washington.One example: Rep.-elect Ilhan Omar, a Minnesota Democrat who will be the first Somali-American member of Congress, noted the history of her election on Twitter on Wednesday night."23 years ago, from a refugee camp in Kenya, my father and I arrived at an airport in Washington DC," 383

The man arrested for allegedly pushing or throwing a child from the third floor of the Mall of America in Minnesota had been banned from the mall in the past and once told police he had anger issues, court records show.Emmanuel Deshawn Aranda, 24, was charged with attempted homicide after witnesses said a man either pushed or threw the 5 -year-old child on Friday morning from the Bloomington mall's third interior level to its first, police said.Aranda, who police said took off running after the incident, was found inside the mall's transit station and arrested.Authorities described the child's injuries as life-threatening and said witnesses gave the child first aid."The child did suffer significant injuries," Police Chief Jeff Potts said. "The child has been transported to the hospital and has been receiving care."At this point, police do not believe there is a relationship between the family of the child and the suspect, Potts said.Suspect has a history with the mall Aranda lives in the Bloomington area and has a series of arrests and convictions related to the mall.He had been banned from Mall of America in the past and was convicted of misdemeanors in two incidents there in 2015, court records show.Aranda was charged in July 2015 with causing damage inside stores after he threw items off the upper level of the mall to the lower level, 1372

The entire US auto industry would shutdown within a week if President Donald Trump goes through with his pledge to close the US-Mexican border, according to a leading expert on the industry.That's because every automaker operating an auto plant in the United States depends on parts imported from Mexico, said Kristin Dziczek, the vice president of industry, labor and economics at the Center for Automotive Research.About 37% of all auto parts imported to the United States originate in Mexico. Virtually all car models in America have Mexican parts, she said. Because of that reliance, she said the auto industry would stop producing vehicles relatively quickly."You can't sell cars with missing pieces," she said. "You've got to have them all. I see the whole industry shutdown within a week of a border closing."President Trump is threatening to 862

The college admissions scheme revealed Tuesday is the largest of its kind ever prosecuted, federal prosecutors said, and features 50 defendants across six states, millions of dollars in illegally funneled funds and a handful of the country's most selective universities.But at its core, the alleged scheme is remarkably simple -- and brazen.Cheat on standardized tests. Bribe the people who decide which students get admitted. All the while pretending that money was for charity."I'll speak more broadly, there were essentially two kinds of fraud that Singer was selling," US Attorney Andrew Lelling said, referring to William Rick Singer, the figure at the center of the scheme."One was to cheat on the SAT or ACT, and the other was to use his connections with Division I coaches and use bribes to get these parents' kids into school with fake athletic credentials," Lelling said at a press conference in Boston.A total of 50 people were charged in the case. Those arrested include two SAT/ACT administrators, one exam proctor, nine coaches at elite schools, one college administrator and 33 parents, according to Lelling.Here's how the plan worked, according to prosecutors.Cheating on the ACTs and SATsOf course, students who score higher on standardized tests such as the ACT and SAT are more likely to get into selective colleges.Given that, Singer facilitated cheating on those exams for students whose wealthy parents paid for his services.Singer pleaded guilty in court on Tuesday to four federal charges and admitted that the case against him was accurate.According to the indictment, he arranged for a third-party -- generally Mark Riddell, who is 1670