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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 CDC said on Monday that one of its employees tested positive for coronavirus, marking the first CDC staff member to have a confirmed case. The identity of the employee was not released, but the CDC added that the employee has not been at work since March 6, and was not involved in the response to the virus. The CDC added that the employee was asymptomatic the last time the employee was at work. "After developing symptoms, the individual took the appropriate action and stayed home. CDC will handle each case with the utmost respect to privacy, while also informing potentially affected staff and taking swift measures to mitigate spread of the virus," the CDC said in a statement. 701

The District of Columbia Attorney General's Office has subpoenaed the Trump inaugural committee for documents related to its finances.The subpoena, dated February 26 and obtained by CNN, says the attorney general, Karl Racine, is investigating "whether the Committee's expenditures of its nonprofit funds were wasteful, mismanaged, and/or improperly provided private benefit, causing the Committee to exceed or abuse its authority or act contrary to its nonprofit purpose."The new probe indicates widening interest among law enforcement officials into Trump's inaugural, which is also being investigated by prosecutors in New York and New Jersey.The documents, due by March 29, cover a wide swath of committee activity. The subpoena asks for inaugural committee financial and governance documents, vendor contracts and communications, as well as money the committee paid to the Trump Organization and the Trump International Hotel in downtown Washington. The hotel was a hot place to stay for revelers attending Trump's inauguration in January 2017, and it remains a central hangout for tourists and Trump associates in the city.The office declined to comment, when reached by CNN. 1194

The 2019 Consumer Electronics Show is happening now in Las Vegas and one of the products featured at the conference is all the talk on social media. Do you hate folding laundry? Do you hate folding laundry so much that you would pay up to ,000 just to have a giant robot do it for you? There's a laundry-folding robot that might actually be available to purchase by the end of 2019 and it was premiered at the Consumer Electronics Show this week. FoldiMate, the company who created the product, also the name of the robot, has been a big name at the conference for the past few years, promising to change the folding game. Well, this year, they actually debuted a fully functioning prototype of the concept. FoldiMate, based in Israel, says the laundry-helping robot "will fold most types of shirts, blouses, or pants from age 6 to adult size XXL. It will also fold standard size towels and pillowcases." They say it's family friendly and anyone in the family can help fold laundry. It can help you keep your closet and dressers organized, keeping piles of messy laundry from accumulating in your home. Though it can fold lots of clothes, according to the company, it'll still be up to you to figure out how to fold that ridiculous fitted sheet because FoldiMate can't help you there. The good news? They claim you can get your laundry folding done in under five minutes because it only takes a few seconds to fold one item. The company is hoping to launch the product in "late 2019" and you can add your name to the waitlist on 1543

TEHRAN, Iran – Iran's judiciary says arrests have been made over the shootdown of a Ukrainian plane that killed all 176 people on board. A judiciary spokesman says that “extensive investigations have taken place and some individuals are arrested.” He was quoted by Iranian state media on Tuesday, but did not say how many individuals have been detained or name them. Earlier in the day, Iranian President Hassan Rouhani called for a special court to be set up to try those responsible for the plane shootdown. 521

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