Category Archives: business

Fed Cuts Interest Rate for First Time in 2025: What to Know

The Federal Reserve lowers its benchmark interest rate by a quarter of a point for the first time this year, bringing the range to 4.00% to 4.25%. For consumers, the move means potentially lower interest rates when it comes to credit cards, borrowing money for new auto and home purchases or taking out a home equity loan. NBC’s senior business correspondent Christine Romans reports TODAY.

ABC Pulls Jimmy Kimmel off Air ‘Indefinitely,’ Igniting Divide

ABC announces that “Jimmy Kimmel Live!” has been suspended “indefinitely” after the late-night host made comments on Monday about the shooting of Charlie Kirk. While many conservatives, including President Donald Trump, are applauding the move, Democrats and free-speech advocates are condemning it as a form of censorship. NBC’s Liz Kreutz reports for TODAY.