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WASHINGTON — The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak. The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook. The central bank said it will keep rates at nearly zero until it feels confident the economy has weathered recent events. The Fed also said it has dropped its requirements that banks hold cash reserves in another move to encourage lending.The Fed's announcement comes after President Donald Trump badgered the the apolitical agency throughout weekend, pushing them to lower rates. Trump lauded the decision at a press conference at the White House on Sunday evening."I'm very happy," Trump said. "...you won't hear anything bad from me (about the fed) unless it's a few months from now." 1018

Two children were killed and nine people were injured Monday evening after a man driving a stolen police cruiser crashed at high speed into a SUV and a minivan in Dayton, Ohio, police said.The suspect, Raymond Andrew Walters Jr., was driving 97 mph when he ran a red light and plowed into the two vehicles, Dayton Police Chief Richard Biehl said at a press conference Tuesday.Walters had been on active parole, and police suspect methamphetamine may have played a part in the incident, Biehl said.The incident unfolded when Walters' father was trying to take his son to a hospital for mental health issues, but when the suspect realized where they were going, he began assaulting his father, Biehl said.Suspect stole a police cruiser, police saidThe suspect left his father bleeding from head and face wounds, and took off in his father's Chevy truck, Biehl said.Walters crashed the truck into a tree in nearby Riverside, Dayton police said.When a Riverside officer responding to a 911 call about the accident got out of his police cruiser to check on the driver, the suspect got in and took control of the cruiser from the passenger side, Biehl said.The Riverside officer tased Walters twice, Biehl said, but that didn't stop the suspect from taking off in the cruiser.Running the police lights and sirens, Walters reached a maximum speed of 101 mph, Biehl said. He was not being pursued by police at the time of the accident, the police chief said.The Honda minivan was carrying seven children and one adult, all family members, Biehl said. There were three adults in the SUV, the police said.Another child is badly hurt, police saidAll occupants were taken to local hospitals and at least three of them were in life-threatening condition when they were transported, Lt. Eric Henderson said.Two of the children later died, he said.A third child remains in critical condition, Biehl said.Two Riverside officers sustained minor injuries when the suspect struck their vehicle.The suspect was injured in the crash and is in stable condition in a hospital, Biehl said.The police cruiser broke into several parts when it hit the minivan, Biehl said. Still, "counterforce was necessary to take Walters into custody," according to a police presentation.Walters' criminal history includes aggravated burglary and robbery, possession of drugs, domestic violence and assault, police said. He was released from prison in August. 2430

Vending machines aren't exactly known to have the healthiest options, but soon, they'll be stocking snacks that are better for people.The 150

UPDATE: I just spoke with a member of the boy’s family who tells me they intend to gain custody. The family primarily lives in Orlando. The family member tells me the boy was here on vacation with his mom and dad. @WKBW pic.twitter.com/AyUHzrR6Ui— Ali Touhey (@Ali2e) September 17, 2019 298

US Border Patrol agents are searching the Rio Grande River for a missing 2-year-old girl.The toddler, a national of Brazil, was crossing into the US from Mexico, according to a statement from US Customs and Border Protection.The agency was alerted to the missing girl late Monday after a woman from Haiti was detained by agents at the Del Rio Border Patrol Station, the statement said. She told agents that she lost her 2-year-old daughter while crossing the Rio Grande River near Del Rio, Texas."Any time a child is lost it is a tragic event," said Del Rio Sector Chief Patrol Agent Raul L. Ortiz. "I can not imagine the anguish the parents of this young girl must be feeling and I hope our search efforts pay off with a positive outcome."Border Patrol agents and law enforcement teams from Ciudad Acuna, Mexico have been searching for the missing girl since Monday night, the statement said. The search went through the day Tuesday with an underwater vehicle, a dive team and boats, CBP said.The search effort comes a little more than a week after a Salvadoran father and daughter drowned in the Rio Grande trying to cross into the US near Brownsville, Texas.The child, Angie Valeria, was a month away from her second birthday.They were hoping for an appointment to receive political asylum in the US, according to Julia Le Duc, who captured a haunting image of their bodies in the river.The photo served as a reminder of the dangers migrants face as they journey to the US, which advocates have warned will only increase as US policies make it harder for asylum seekers to come through ports of entry. 1616