Economics & Markets: * Yesterday, October 29, 2025, the Federal Reserve announced a quarter-percentage-point cut to its benchmark interest rate, lowering the target range to 3.75% to 4.00% in its second consecutive reduction this year, aimed at bolstering a weakening job market and supporting economic growth amid persistent inflation
Trending: * On October 28, 2025, Brazilian authorities began a major operation with about 2,500 police officers and soldiers against the Comando Vermelho drug gang in Rio de Janeiro's favelas. This raid, noted as the deadliest in the city's history, led to at least 90 deaths,
Trending: * Yesterday, October 27, 2025, Reuters and other media outlets reported that Amazon plans to initiate its largest round of layoffs to date, potentially affecting up to 30,000 corporate roles, with notifications beginning as early as October 28. The reductions are anticipated to primarily impact areas such as Amazon
Trending: * On October 26, 2025, the Department of Government Efficiency (DOGE) announced via its official X account that federal agencies had terminated and descoped 97 wasteful contracts over the past five days. These actions targeted a total ceiling value of $2.3 billion, resulting in estimated savings of $160 million
Trending: * Yesterday, October 23, 2025, Alaska Airlines experienced a significant IT outage that led to a nationwide ground stop for all its flights, including those of its subsidiary Horizon Air, starting shortly before 7 p.m. ET. The outage disrupted operations at airports across the U.S., preventing takeoffs and
Trending: * On October 22, 2025, Fastweb, an Italian telecommunications provider, experienced a widespread network outage starting around 10 a.m. local time, affecting fixed and mobile internet services across the country, including major cities like Rome, Milan, and Naples. Users reported difficulties accessing the internet, with over 30,000 complaints
Trending: * As of October 22, 2025, the Louvre Museum in Paris remains closed following a major jewelry heist on October 19, where thieves disguised as construction workers stole eight pieces from the French Crown Jewels collection in the Galerie d'Apollon. The raid, which lasted just seven minutes, involved
Trending: * On October 20, 2025, Amazon Web Services (AWS) faced a significant global outage starting in the morning, affecting many websites and apps such as Snapchat, Ring, Signal, Coinbase, and Robinhood. The problem mainly hit the US-EAST-1 region in Northern Virginia, impacting over 2,000 companies and causing issues in
Trending: * On October 20, 2025, an Emirates SkyCargo cargo plane skidded off the runway at Hong Kong International Airport after landing from Dubai, hitting a security patrol vehicle before both went partly into the nearby sea. The event happened around 3:50 a.m. local time, killing two airport security
Trending: * On October 16, 2025, New York's Public Service Commission approved the construction of a two-mile, 345-kilovolt underground power transmission line to support Micron Technology's planned semiconductor manufacturing campus in Clay, near Syracuse. The line will connect an existing National Grid substation to the site, providing
Trending: * Yesterday, October 15, 2025, YouTube experienced a widespread global outage starting around 7 p.m. EST, affecting hundreds of thousands of users across regions including the US, Europe, Asia, and Latin America. Downdetector recorded over 350,000 reports of issues, with users encountering playback errors, difficulties accessing videos on
Trending: * On October 14, 2025, a CSX freight train derailed at about 11:33 a.m. near Elm Street and Trotwood Avenue in Columbia, Tennessee, in Maury County, possibly caused by a problem with the rail switching system. The derailment affected multiple rail cars, which included empty cars for automobiles