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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 men in Pennsylvania pleaded guilty to a theft of literary proportions.A former librarian and a bookseller pleaded guilty Monday after the two men were suspected of running a years-long scheme that involved stealing and selling rare books and other items totaling million, 291

WESTERVILLE, Ohio - One stage. Twelve candidates. Tuesday’s CNN/New York Times Democratic Party Debate will feature the most candidates at any one time for a televised presidential debate in recent memory. Last month’s Democratic presidential debate featured 10 candidates who qualified based off DNC criteria. In two previous debates, 20 candidates qualified, with the presidential hopefuls being split between two nights. Democratic party leaders said they’re hopeful having the debate on one night, even with a large number of candidates, will mean better viewership. It also means that 12 candidates will divvy up three hours of time, although in past debates, the higher polling candidates generally received more talk time. Joe Biden has led the talk time in all three debates held so far this year.Also, viewership for the last debate, which was only on one night, was on par with the second debate, which was held over two nights. The September debate's viewership was also far below the viewership for the first debate.When: Tuesday, Oct. 15, 8-11 p.m.How to watch: CNN or CNN.comThe candidatesFormer Vice President Joe BidenNew Jersey Sen. Cory BookerSouth Bend, Indiana Mayor Pete ButtigiegFormer Housing and Urban Development Secretary Julián CastroHawaii Rep. Tulsi Gabbard (did not qualify for September’s debate)California Sen. Kamala HarrisMinnesota Sen. Amy KlobucharFormer Texas Rep. Beto O'RourkeVermont Sen. Bernie SandersEntrepreneur Tom Steyer (first debate)Massachusetts Sen. Elizabeth WarrenEntrepreneur Andrew YangCandidates qualifying for the debate received at least 2 percent in four national or early primary state polls and raised money from 130,000 unique donors. Among the candidates who did not qualify for this month’s debate are Rep. Tim Ryan, Gov. Steve Bullock, author Marianne Williamson, Sen. Michael Bennet and Rep. John Delaney.And the road to qualifying for future debates will become even more challenging for lower and mid-tier candidates. The fundraising threshold for November’s debate will increase to 165,000 unique donors, and candidates will need to hit 3 percent nationally and/or 5 percent in early states in four different recognized polls. Moderating the debateCNN anchors Erin Burnett and Anderson Cooper and New York Times national editor Marc Lacey will moderate Tuesday’s debate. Cooper moderated two Democratic Party presidential debates in 2016, in addition to a general election debate. Previously, Cooper moderated a GOP presidential debate in 2012 and 2008 as well as a Democratic Party presidential debate in 2008. PollingThere has a rather significant shift in polling since the last debate on Sept. 12. Then, Biden was a clear frontrunner in the Democratic Party. Now, his lead has practically vanished in several national polls. A Quinnipiac University poll has Warren now leading Biden 30-27. But in a Fox News poll released last week, Biden leads 32-22. A recent CBS poll showed a tied race in Iowa, and Warren leading 32-24 in New Hampshire. Sanders has consistently stayed in third place in the polls in recent weeks. Buttigieg has gone into fourth place in many polls as Harris has seen a steady drop in support after she saw a spike following the first debate.Sanders on stageAlthough he has not been on the campaign trail in the last two weeks, Sanders plans on being on stage for three hours on Tuesday night after he had a heart attack in Las Vegas. Sanders is expected to resume campaign activities on Saturday. Impeachment as a topicTuesday’s debate marks the first since House Democrats announced a formal impeachment inquiry into President Donald Trump’s phone call with Ukraine’s president requesting an investigation into the Biden family. Democrats, and even a handful of GOP leaders including Utah Sen. Mitt Romney, say the phone call was inappropriate. Biden will likely get the opportunity to address whether how he handled his relationship with Ukraine was appropriate given that his son was working for a Ukrainian company under investigation by that country’s government. Other candidates have focused their attacks on Trump’s conduct rather than Biden’s. Could that change at Tuesday’s debate? Also, whether the moderators will delve into Trump’s impeachment remains to be seen. An impeachment inquiry will be a moot point in 2021 if one of the candidates on stage becomes president. On SyriaThe United States’ role in the Middle East could get a lot of airplay on Tuesday, especially given that American troops are withdrawing from Syria. This decision by the Trump administration has drawn ire from Democrats and a number of Republicans. The U.S. leaving Syria has left Kurdish fighters vulnerable to attack from the Turkish military. Kurdish fighters were holding 11,000 Islamic State group prisoners on the United States’ behalf, according to the New York Times. On Monday, Trump tweeted that he believed that the Kurds were intentionally releasing prisoners to draw the U.S. back into the conflict. While the landscape of the Middle East could be altered by 2021 given recent events, candidates should be expected to expound on their views of Middle East policy, and whether the U.S. should keep troops permanently in the region. Justin Boggs is a writer for the E.W. Scripps National Desk. 5298

When the New Year's confetti comes down at midnight, so will a wave of new laws across the country.From jury duty to pet purchases, here's a look at some of the changes for 2019:Minimum wages will get a boostAt least 19 states will increase their minimum wages on or around New Year's Day, according to the 319

Unrest in Minneapolis continued on Thursday as the Minnesota National Guard was activated as protests and looting continued in the city. Nearly 500 members of the Guard have been activated. "Our mission is to protect life, preserve property and the right to peacefully demonstrate. A key objective is to ensure fire departments are able to respond to calls," the National Guard said late Thursday.The protests were sparked following the death of George Floyd, a black Minnesota man who died in police custody after a police officer held a knee against Floyd’s neck for several minutes. Floyd’s death caused outrage from politicians and civil rights activists as the public revisited tensions between police and the black community. While protest organizers have called for peaceful demonstrations, some have not heeded the call. The tensions reached a fever pitch on Wednesday as several Minneapolis businesses were looted. As protests grew on Thursday, Gov. Tim Walz called for the assistance of the National Guard to handle the protests and riots. "We are ready and prepared to answer the Governor's request. We are currently in process of assigning and preparing units to respond," said Maj. Gen. Jon Jensen.The protests continued to grow late Thursday. Protesters burned dozens of buildings, including a police substation.Protesters, along with Minneapolis Mayor Jacob Frey, have called on charges to be filed against Derek Chauvin, the now fired officer who held a knee to Floyd's neck.Unrest also escalated in neighboring St. Paul on Thursday as police deployed tear gas on demonstrators there. 1613