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First interest rate cut in 4 years likely on the horizon as the Federal Reserve meets (apnews.com)

WASHINGTON (AP) — With the end of their two-year fight against inflation in sight, Federal Reserve officials are likely Wednesday to set the stage for the first cut to their key interest rate in four years, a major shift in policy that could eventually lower borrowing costs for U.S. consumers and businesses....

Some Ohio residents can now get $25,000 for injuries in $600 million train derailment settlement (apnews.com)

People who live near East Palestine, Ohio, can now get $25,000 apiece for any injuries they sustained after last year’s Norfolk Southern freight train derailment on top of whatever money they get for property damage as part of the $600 million class-action settlement....

Income gap between Black and white US residents shrank between Gen Xers and millennials, study says (apnews.com)

The income gap between white and Black young adults was narrower for millenials than for Generation X, according to a new study that also found the chasm between white people born to wealthy and poor parents widened between the generations....

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