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The Federal Reserve cut interest rates for the third time this year as the US economy continued slowing amid ongoing trade disputes and weak global growth.The federal funds rate, which affects the cost of mortgages, credit cards and other borrowing, will now hover between 1.5% and 1.75%.It isn't clear whether the move will be enough to head off another rate cut in December, the final meeting of the year. Federal Reserve chairman Jerome Powell is set to speak at a press conference later Wednesday afternoon. 523

The House Judiciary Committee is discussing delaying public testimony from special counsel Robert Mueller one week until July 24 to allow more time for Mueller to testify, according to sources familiar with the matter.The agreement to delay the hearings in exchange for extended testimony is not finalized, the sources said, and lawmakers are still negotiating.Mueller has been scheduled to appear on July 17 before the House Judiciary and Intelligence Committees, in back-to-back sessions where 22 members from each committee would get to question the special counsel.But the plan sparked an uproar from members on the Judiciary Committee in both parties over the limited time the special counsel was expected to testify, which 741

The Federal Reserve on Wednesday voted to hold interest rates steady and shaved its growth forecast.Fed officials, who gathered in Washington for their two-day policy setting meeting, unanimously recommitted to remain "patient," agreeing to indefinitely stick with an extended pause on rate changes. They signaled that the Fed wouldn't hike rates in 2019.The US economy, while steady, faces a number of risks. In a statement, the Fed's policy-setting Federal Open Market Committee said that the country's labor market "remains strong," but economic activity has "slowed from its solid rate in the fourth quarter," citing sluggish spending by households and reduced business investment.The majority of Fed officials -- 11 total -- now anticipate holding rates steady for the remainder of 2019. Only six participants forecast at least one additional rate hike this year.Last December, the Fed 903

The American Red Cross said on Tuesday that it is in need of blood donations from healthy people amid the spread of COVID-19. The Red Cross said that the cold and flu season has already impacted the nation's ability to maintain its blood supply. The organization is concerned that a widespread outbreak of the coronavirus would cause fewer otherwise healthy individuals to give blood. The Red Cross said that its process is safe, and that it will take precautions to avoid spreading germs. Red Cross staff will be wearing gloves, routinely wiping down donor-touched areas, using sterile collection sets for every donation, and preparing the arm for donation with an aseptic scrub."We're asking the American people to help keep the blood supply stable during this challenging time. As communities across the country prepare for this public health emergency, it's critical that plans include a readily available blood supply for hospital patients," said Chris Hrouda, president, Red Cross Blood Services. "As fears of the coronavirus rise, low donor participation could harm blood availability at hospitals, and the last thing a patient should worry about is whether lifesaving blood will be on the shelf when they need it most."Please make an appointment to donate blood now by using the Red Cross Blood Donor App, visiting 1336

The fate of abortion in Missouri was to be argued in court Wednesday as Planned Parenthood fights the state for refusing to renew the license it needs to continue offering the service in its St. Louis clinic.That annual license expires on Friday, and without it, abortion services in Missouri will be no more -- making it the first state in more than 45 years to no longer offer the procedure.This does not mean that the health center will close. It will still provide care including birth control, STD testing and treatment, cancer screenings and more, explained Planned Parenthood spokeswoman Bonyen Lee-Gilmore. But the reality of what this would mean for abortion access is stark."This is not a drill. This is not a warning. This is a real public health crisis," Dr. Leana Wen, president and CEO of Planned Parenthood Federation of America, said in 865