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The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history.The move would come despite a strong US economy. But some cracks are beginning to show: The global economy is softening, American manufacturing is slowing, and the global trade war isn't helping matters.But a potential rate cut would also follow months of pressure from President Donald Trump, who has broken with his predecessors' practice of walling off the central bank from politics.Jerome Powell, the chairman of the world's most influential central bank, has repeatedly pledged to follow economic data, and policymakers have become increasingly worried that uncertainty, caused in part by the President's trade wars with China and other countries, will hamper global growth and dampen investment."We are carefully monitoring these developments and assessing their implications for the US economic outlook and inflation, and will act as appropriate to sustain the expansion," Powell reiterated in remarks delivered at a French government conference in Paris on July 16.Even before the central bank signaled the possibility last month, investors had already priced in a reduction in the federal funds rate, which influences the cost of mortgages, credits cards and other borrowing. Those expectations piled on additional pressure on the Fed to move at this week's meeting to avoid rattling markets with an abrupt change in course.The Fed chairman has brushed off such pressures -- political or otherwise -- arguing the Fed is "insulated" from such demands as an independent institution outside of the control of the White House and whose decisions are informed by incoming economic data.The Fed last raised rates in December but has backed off plans for further tightening.In June, Powell began to make the case that the Fed, like other central banks, around the world needed to act earlier to get ahead of any economic weakness especially given how low interest rates currently are -- a reversal from his previous stance."If you see weakness, it's better to come in earlier rather than later," Powell said at an appearance before the Council on Foreign Relations in New York. "I think most central banks would want to act preemptively and let a downturn gather steam, in a sense, the thought being an ounce of prevention is worth a pound of cure."That message has been echoed by other top officials, including Federal Reserve Bank President William Dudley.Efforts by the Fed to prevent an economic downturn is unlikely to win a reprieve from the White House. A day before policymakers were set to gather for their two-day interest-setting meeting in Washington this week, Trump chastised the Fed for making "all the wrong moves," adding, "a small rate cut is not enough."Trump has kept up a year-long relentless attacks against the Fed, often lamenting he regrets appointing Powell for the role, and going so far as to threaten to fire him. He's called the central bank his "biggest threat" and accused them of behaving like a "stubborn child" for refusing to cut rates and keeping credit too tight.It will be up to Powell during his now-routine press conference to justify the decision to plow ahead with a rate cut given some prevailing strength in the economy. Since their last meeting in June, the data has consistently surprised to the upside with stronger-than-expected job gains, retail sales and economic growth in the second quarter.Wall Street analysts also suggest Friday's upcoming jobs numbers will also be an important economic milestone that will determine whether a further rate hike may be coming as early as September as some anticipate."Expect an overall strong report, eroding the case for further cuts, but given the strong easing bias of Fed leaders, much depends on exactly how strong the report is and how they adjust their messaging in response," Josh Wright, iCIMS' chief economist and former Fed staffer said. "'One and done' still seems like an economically justifiable outcome." 4095

The cake was supposed to read “Happy Birthday Lizard,” instead, a 3-year-old’s cake read “Happy Birthday Loser.”The incident took place last year, but the girl's mother, Melin Jones, just made the 209

The European Union is suspending Boeing 737 MAX flights in Europe, joining a list of governments temporarily grounding the aircraft following Sunday's fatal plane crash in Ethiopia.The EU's suspension, covering 737 MAX 8 and 737 MAX 9 planes, was set to begin at 7 p.m. UTC (3 p.m. ET) Tuesday.The move came as a raft of nations -- including many individual European countries -- introduced temporary suspensions Tuesday for 737 MAX aircraft after a MAX 8 flight from Addis Ababa, Ethiopia, to Nairobi, Kenya, crashed Sunday into a field six minutes after takeoff, killing all 157 people on board. The flight reported technical problems and asked for permission to turn back before it crashed, and investigations are underway into the cause.It's the second time in less than six months that this model has crashed soon after takeoff. A new Lion Air Boeing 737 MAX 8 flight went down in October over the Java Sea off Indonesia, killing 189 people.Before the EU's announcement, other nations and aviation authorities announced their own bans Tuesday, including Australia, Austria, Belgium, France, Germany, Iceland, Ireland, Italy, Malaysia, the Netherlands, Oman, Singapore, Turkey and the UK.The UK, Oman, Singapore, Australia, Ireland and France and Norwegian Airlines suspended the whole Boeing 737 MAX range.China, Indonesia, Malaysia, Iceland, Germany and the airlines LOT Polish, TUI Airways, GOL Linhas Aereas, Aeromexico, Aerolíneas Argentinas, Cayman Airways, Comair Airways, Eastar Jet, Jet Airways, Mongolian Airlines, China Airlines, China Eastern, China Southern, Lion Air and Silkair have suspended the MAX 8 model. Turkey suspended MAX 8 and 9 models.These airlines are still flying 737 MAX planes: American and Southwest airlines, Fiji Airways, Icelandair, Flydubai, Spicejet and WestJet.China's aviation administration became the first to order a suspension Monday evening, grounding all domestic Boeing 737 MAX 8 jets due to its principle of "zero tolerance for safety hazards."China has one of the world's largest fleets of Boeing 737 MAX 8, operating 97 of the planes, according to Chinese state-run media.While some international airlines and governments grounded the 737 MAX 8 planes, 2218

That scene from “Friends” when we find out Ross is still a patient at his pediatrician’s office is getting more common for young adults.One reason is young adults can stay on a parent's insurance until they are 26 years old so it's easier and more affordable to stick with the same doctor.There are downsides though.“If they start to get medical conditions, high blood pressure, hypertension, adult onset diabetes, those more … adult medical conditions, that’s an appropriate time to say, ‘hey maybe it’s time to transition to an adult provider,’ ” said Dr. Christina Johns with PM Pediatrics. The pediatric emergency physician says one benefit of staying on with a pediatrician longer is the patient continues to see someone familiar with their medical history, especially for those with chronic childhood health issues. And she says it prevents the young adults from moving into another trend she's noticing — relying solely on emergency room and urgent care only.“There really does seem to be a large group of adults who use those places as their primary care,” the pediatrician said. “It’s really important to have a relationship with a primary care doctor.”Johns says when young adults become parents and when women need regular OB/GYN care, those are also appropriate times to transition away from a pediatrician.The American Academy of Pediatrics discourages transitioning away from pediatric care solely based on age. Their position is that it’s a decision between a patient and their doctor. It should take into account meeting the needs of the patient and the abilities of the doctor. 1606

The end of Christmas season signals the start of return season, when Americans take their gifts back to shopping malls and online retailers in pursuit of different sizes, different colors or full-blown refunds. The good news is that stores have loosened return policies in recent years. Many allow customers 30 days after Christmas to make a return. However, some consumers are already finding their returns rejected. Typically, this happens for one of three reasons.Short window for electronicsMany shoppers believe a 30 day return window is standard.However, Apple and Best Buy are two major retailers that have 626