The Federal Reserve cuts rates for the first time since last year. A family of a Black student whose body was found hanging from a tree wants more transparency in the death investigation. Also: A chapter of "The Summer I Turned Pretty" comes to an end. |
👋 Hi! Rebecca Morin here. Oops, I got my days mixed up yesterday (but maybe time is just a construct. 😉) Now, here's Wednesday's news for you! |
But first: A ghost ship. 🚢 Citizen scientists discovered a ghost ship that had eluded historians and shipwreck hunters for decades at the bottom of Lake Michigan. |
After nine months of staying on the sidelines, the Federal Reserve on Wednesday announced a quarter-percentage-point cut to a range of 4% to 4.25%. It's the first rate cut since late 2024, and officials signaled the possibility of two more rate cuts this year. Federal Reserve Chair Jerome Powell is projecting inflation to be higher than previously expected by the end of next year, and says the economy is unlikely to return to the Fed's 2% target until 2028. |
What do rate cuts mean? Typically, the Fed hikes rates or keeps them steady to tame inflation. The central bank lowers rates to juice the economy. While the Fed previously held back on rate cuts due to inflation concerns, a series of disappointing jobs reports showed a weakening labor market. 👉 Follow the latest on the rate cuts. | U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's statement on interest rate policy, in Washington, D.C., U.S., September 17, 2025. Elizabeth Frantz, REUTERS |
What happened at a Mississippi university? |
The family of Demartravion "Trey" Reed, whose body was found hanging from a tree on a university campus in the Mississippi Delta on Tuesday, called for transparency in the death investigation. During a news conference, attorney Vanessa J. Jones said her firm is representing Reed's family and is initiating its own investigation into his death, beginning with an independent autopsy. |
What happened? Reed, 21, was found hanging from a tree in the middle of Delta State University's campus at around 7:05 a.m. local time on Monday, according to university police. While police said there was no evidence of foul play and ruled the death a suicide, classes and events scheduled for the school's centennial celebrations were canceled for the day. 👉 What to know about the investigation. |
Anger and skepticism on social media: Following the incident, rumors circulated online questioning the circumstances surrounding Reed's death. The rumors alleged that Reed had two broken legs and other injuries that would have prevented him from hanging himself. Bolivar County Coroner Randolph Seals Jr. disputed the claims. 👉 See the coroner's statement. | Delta State University's Parker Field at McCool Stadium is pictured from a distance. ANDREW CABALLERO-REYNOLDS, AFP via Getty Images |
Supreme Court Justice Sonia Sotomayor is warning that civic education needs to improve so Americans understand the difference between presidents and kings. During a New York Law School event celebrating Constitution and Citizenship Day on Tuesday, she said that it's important in a democracy for Americans to be informed on "what people can or should not do." While she didn't mention President Donald Trump by name, her comments come at a time when the president is pushing the boundaries of presidential power. That has prompted protestors to hold "No Kings" demonstrations across the country. 👉 How Trump's actions have alarmed critics. | Thousands march through Washington D.C. on Aug. 16, 2025 in protest of Donald Trump's deployment of National Guard to conduct policing actions throughout the city. DOMINIC GWINN, Middle East Images/AFP via Getty |
Summer comes to an end (sort of) |
It's true, I was (and still am) Team Conrad. The finale of "The Summer I Turned Pretty" premiered on Wednesday, where viewers got see Belly's Paris experience – and love triangle – come to an end. But Belly's story isn't over just yet. Hours after the highly anticipated Season 3 finale the show, Prime Video announced that the series will officially conclude with a feature film, written and directed by none other than Jenny Han, author of the beloved book trilogy. 🎥 What to know about the movie. | Conrad (Christopher Briney) and Belly (Lola Tung) seen running errands for the wedding that never was. Erika Doss/Prime Video |
Rebecca Morin is a newsletter writer at USA TODAY. Got thoughts or feedback? Reach out to her at rdmorin@usatoday.com. | | Some travelers are minimizing time spent in the U.S. or avoiding it altogether due to gun violence and other safety fears. | | "Performative men" have become the laughingstock of the internet. But don't let these seemingly intellectual men fool you in the real world. | | | | FBI Director Kash Patel condemned political violence from both the left and the right during questioning on Capitol Hill. | | | | With unbeaten season on the verge of extinction in college football, here's where it all ends for the 39 still playing for perfection. | | | | It's the first named storm in the Atlantic since Aug. 28, an "unprecedented dry spell" in the heart of hurricane season. | | | | Cardi B is pregnant with baby No. 4, expecting her first child with boyfriend Stefon Diggs, the rapper announced in a "CBS Mornings" interview. | | | | Reporter Lauren Green asks members of Congress about their outfits in viral videos, where fashion bridges the partisan divide. | | | | The black bear, a 175-pound sow, entered a the Dollar General in Vernon Township, New Jersey. | | | | Ned Fulmer, who left the YouTube channel after a viral cheating scandal, is opening up about the status of he and his wife Ariel's marriage today. | | | | Barbie's refreshed line of dolls without hair are in honor of childhood cancer awareness. Take a look at Brave Barbie and the first-ever Brave Ken. | | | | | Brighten your day with one of our games. | | | | |
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