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Eighty years ago, the Allied forces stormed the beaches of Normandy, France, during World War II on what would be known as D-Day. The surprise invasion ultimately led to the liberation of Nazi-occupied Europe and the end of the war itself just over a year later.
The Federal Reserve held interest rates steady at their current range of 5.25% to 5.5%, but revised its outlook for rate cuts to just one in 2024. Central bank policymakers noted that there has been "modest further progress" toward its 2% inflation objective. Federal Reserve Chair Jerome Powell noted at the press conference that the central bank does not yet have the confidence to cut rates, even as inflation has eased from its peak levels.
North Dakota Gov. Doug Burgum – a potential pick to be former President Donald Trump's running mate – is denying claims that the former president had told oil executives he'd reduce regulations if elected in exchange for helping him raise money to return to the White House.
The United States will ban imported Russian uranium starting on Aug. 11, the Department of Energy announced Tuesday.
A New York beauty store just blocks away from the Empire State Building resold more than $1 million worth of goods that'd been stolen from Macy's and a slew of other retailers, authorities said Wednesday.