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Federal Reserve Chair Jerome Powell indicated on Thursday that the central bank might not cut interest rates again in 2025.
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;Resize=(620)) About 2,500 Brazilian police and soldiers launched a massive raid on a drug-trafficking gang in Rio de Janeiro on Tuesday, arresting 81 suspects and sparking shootouts that left at least 60 suspects and four police officers dead, officials said.
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The Federal Reserve cut interest rates by a quarter point for the second time this year, but the probability of a reduction at its next meeting fell after Jerome Powell, the central bank's chair, said that officials held "strongly differing views."
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;Resize=(620)) The Israeli military said on Wednesday that it will abide by a ceasefire accord in Gaza, as health officials in the enclave said airstrikes had killed 104 people, with both sides trading blame for violations of the deal.
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