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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 family of retired FBI agent Robert Levinson says U.S. government officials have concluded that he has died while in the custody of Iran. The family says in a statement posted on Twitter that it did not have information about how or when Levinson had died, but it occurred before the recent coronavirus outbreak. The family says it “will spend the rest of our lives without the most amazing man, a new reality that is inconceivable to us.” Levinson disappeared on Iran's Kish Island in 2007 while on an unauthorized CIA mission.President Donald Trump was asked whether he was aware of the reports. He said Levinson's status "wasn't looking good," but did not accept reports that Levinson has died. 713

The #FIFA president just walked in along with President @EmmanuelMacron and #EqualPay is chanted in unison in the stadium. pic.twitter.com/9HW4058tNo— Bénédicte Demarle (@BDemarle) July 7, 2019 205

The Colorado-based burrito chain Illegal Pete’s has been up and running for over two decades, and the company now has nearly a dozen locations. “[Business has] been great for us,” said the chain’s founder Pete Turner.And it got even greater, Turner says, after an epiphany of sorts a few years ago. He thought to himself, “’What can this business be?’ And really, who is the face of the business? It’s the employees.”In 2015, Turner made a pledge—one that was practically unheard of at the time—to raise the minimum wages of his employees from an hour to . His plan was to increase pay gradually over three years.This month, that wage goes into effect.“Our employees are going to be able to live more comfortably [and have] fulfilled lives.,” he says. “They’ll be able to be more engaged in their job.”Employees like Kristina Keeling, who works in an entry-level position at Illegal Pete’s, says she knows firsthand how big of a difference those extra few dollars an hour make.“If I am surviving better in the world, then I’m going to come to work feeling a little bit better,” Keeling said. “Maybe feeling a little more positive about the world and I think I can give that and share that with the customers as well.”The federal minimum wage hasn’t changed since 2009, and it still sits at .25 an hour. However, many states have raised it on their own. Now, the nation is a hodgepodge of wages, and in some cases, large companies are now leading the way. Amazon, Target and Disney have announced they’ll pay employees an hour. However, critics argue small businesses will suffer if forced to pay an hour. The result may be to lay off workers or reduce hours.But Leo Gertner, with the National Employment Law Project, says when it’s done slowly, it works.“All of these changes have been extremely gradual,” Gertner explains. “Cents over time, and companies have been able to absorb the costs, including small businesses.”That’s how things are done at Illegal Pete’s. Turner’s mantra: make a slow buck, not a quick one.“It’s just nice to know we’ve got, let’s say, 380 people in Colorado that are able to live the lives they want to, go to school, grow in this company, get married, have kids, buy a house, and still work here,” Turner says. 2272

The Delta Aquariid meteor shower puts on one long summer show in July and August, but it will peak at the end of July.The meter shower began July 12 and is active until August 23. A new moon on Wednesday and Thursday will provide optimal dark skies for spotting meteors. But the peak actually began Sunday, and the best chance to see them without the moon in the way will be the first week of August.The best time to see them will be about 3 a.m. ET, but the meteor shower will also be viewable when the sky is darkest in the overnight hours until the first light of dawn.Expect to see about 20 meteors per hour during the peak, traveling at 25 miles per second.The Delta Aquariid meteors are more faint than others, and they're more apparent in the Southern Hemisphere, according to 796