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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
When finding food is you daily goal, there’s a simple saying to live by: use everything, waste nothing.That is We Don’t Waste’s game plan for ending food waste. Five days a week, the Denver-based non-profit group stocks up on food that will be thrown out, often times for pretty superficial reasons. “If it has dirt on it, if it has a little bruising: landfill,” says Arlan Prebld, executive director and founder of We Don’t Waste. Preblud started the non-profit a few years ago by recovering food rejected by restaurants and grocery stores and distributing it from the trunk of his car. Fast-forward to today, his team collects enough food to fill a massive distribution center in north Denver.“Last year, we put out 31 million servings,” Preblud says. “The collateral benefit of all that is all that food you see and that we deliver on a regular daily basis would end up in the landfill.” And a lot of food ends up in landfills across the country. According to the United States Department of Agriculture, 133 billion pounds and 1 billion worth of food were wasted in 2010. Preblud adds that impact goes well beyond the economy and into the environment. “When you put food into a landfill, it generates CO2 equivalence," he says. "Methane gas destroying the atmosphere."In addition to emitting greenhouse gases, wasted food also wastes the resources it took to produce, package, sell and transport it. So, in theory, by picking up what would be food by the pallet-full and trucking it to those in need, We Don’t Waste is filling many needs. “It’s great that we have partners that care about these people as much as we do, because, as you know, must people don’t,” says Doyle Robinson of Sox Place, a drop-in center for homeless youth in Denver. We Don’t Waste delivers food to Sox Place a few times a week. Doyle, however, says much the gesture provides much more than meals. “It’s great to find people that care and they do this because they care,” he says. “There’s no money in this." 2003
While Florida might be spared from a direct hit from Hurricane Dorian, the same might not be true for the Carolinas. The National Hurricane Center has issued hurricane warnings, which as of Tuesday evening, now extend to Surf City, N.C. A hurricane watch has been issued for the North Carolina coast north of Surf City. Meanwhile, the entire South Carolina coast is under a hurricane warning. Why?The forecast for Dorian calls for the eye to brush the Carolina coast. The official forecast has the center of Dorian near Charleston, S.C. by Thursday afternoon. The track could take Dorian inland, or out to sea. Regardless, the National Hurricane Center said that Dorian's expanse of damaging winds is growing in size, even as Dorian's top wind speeds have decreased. Hurricane-force winds now extend 60 miles from Dorian's center, and tropical storm-force winds extend 175 miles. Even if Dorian's center narrowly misses the coast, residents near the South and North Carolina coastlines could see hurricane-force winds on Thursday and Friday.As of 6 p.m. Thursday, Dorian's had top winds of 110 MPH - 1 MPH shy of major hurricane status. The National Hurricane Center is forecasting that Dorian will maintain category 2 status while increasing the size of its wind field. Although a direct hit us unlikely, much of the Virginia coast is under a tropical storm watch as Dorian's large expanse of winds could make for tropical storm conditions for Virginia Beach. 1472
Two types of RXBAR protein bars sold grocery stores, such as Trader Joe's and Publix, have been recalled due to possible undeclared peanuts in the products.RXBAR announced a recall of their Chocolate Sea Salt and Coconut Chocolate varieties. The company says an investigation found the issue arose at an ingredient supplier. The recalled RXBAR Chocolate Sea Salt single bar and four-count carton have best by dates of June 10, 2019 through June 15. 2019. The recalled Coconut Chocolate single bar has best by dates of June 15, 2019 through June 17, 2019. The recall is especially ironic since RXBAR is known for prominently displaying its ingredients on its packaging.You can visit the Publix 705
WASHINGTON — Attorney General William Barr has told people close to him he’s considering quitting his post after President Donald Trump wouldn’t heed his warning to stop tweeting about Justice Department cases. That's according to an administration official who spoke Tuesday to The Associated Press. The revelation comes days after Barr took a public swipe at the president, saying in a television interview that Trump’s tweets about Justice Department cases and staffers make it “impossible” for him to do his job. The next day, Trump ignored Barr’s request and insisted that he has the “legal right” to intervene in criminal cases and sidestep the Justice Department’s historical independence. Barr has agreed to go before the House Judiciary Committee on March 31 to respond to allegations that the Department of Justice is making decisions that are politically influenced.The House Judiciary Committee wants to question Barr on three incidents from this week that it found questionable.Trump ally Roger Stone was convicted on charges of lying to Congress, tampering with a witness and obstructing a House investigation. On Monday, the prosecution asked the judge for a 7-9 year sentence of Stone. But following tweets from the president saying the DOJ's recommended sentence was too harsh, Barr overruled the prosecutors, stating that the sentencing guidelines prosecutors used were too harsh."This is a horrible and very unfair situation. The real crimes were on the other side, as nothing happens to them. Cannot allow this miscarriage of justice!” Trump tweeted on Tuesday.All four DOJ prosecutors involved in the case stepped away from the case on Tuesday.Last Wednesday, Trump thanked Barr for his decision to step in on the Stone case.“Congratulations to Attorney General Bill Barr for taking charge of a case that was totally out of control and perhaps should not have even been brought,” Trump 1919