AP NewsCast 5 p.m. EDT
Summary
The Federal Reserve raised interest rates for the first time in three years to combat high inflation, defying President Trump's calls for lower rates and causing stock markets to fall. The report also covers rising oil and gasoline prices alongside a better-than-expected jump in August retail sales. Additionally, the episode details the closure of the Kennedy Center for repairs following a legal dispute over renaming the building. Finally, it covers a fatal NBC helicopter crash in Los Angeles that killed a reporter and pilot, along with a separate bus and SUV collision.
Topics discussed
Federal Reserve raises interest rate despite Trump
Stock market reaction to Fed decision
Oil prices, gas costs, and retail sales data
Kennedy Center closure and naming dispute
NBC Telemundo helicopter crash in Los Angeles
WebMD promo: Diagnosing rare immune disorders
M&M's and iHeartRadio Music Festival giveaway
Greenies dog dental treats advertisement
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