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Washington CNN —Nowadays, it’s anyone’s guess when the Federal Reserve will begin to cut interest rates this year — if at all. Fed officials are meeting this week, starting Tuesday, to discuss rates and set policy. That guidance will be key for market observers who clearly have divergent views on interest rates. Forecasts from major Wall Street banks on the first rate cut are all over the place: JPMorgan and Goldman Sachs expect the first cut in July, while Wells Fargo is betting on September. Some Fed policymakers, meanwhile, have even floated the possibility of a rate hike, instead of a cut.
Persons: Goldman Sachs, Wall, Liz Ann Sonders, Charles Schwab, Jerome Powell, , ” Kathleen Grace, John Towfighi, That’s, nearshoring, Alberto Ramos, Ramos, Morgan Stanley, Read, Cindy Westman, , Brian Fung, Jason Carroll, I’ll, , Westman, , Westman — Organizations: CNN Business, Bell, Washington CNN, Federal Reserve, JPMorgan, Bank of America, CNN, Labor Department, Manufacturing, Commerce Department, Program, Social Locations: Washington, Wells, Mexico, , China, United States, Eureka , Illinois
But in just a few weeks, her internet bills, and those of other Americans like her, could skyrocket by hundreds of dollars a year. The program is heavily used by Americans over age 50, military veterans and low-income working families nationwide, according to FCC data. Amira Karaoud/Reuters/FileRural and older usersThe ACP has quickly gained adoption since Congress created the program in the 2021 bipartisan infrastructure law. Large swaths of the ACP’s user base trend older; Americans over 65 account for almost 20% of the program. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service.
Persons: Cindy Westman, , I’ll, , Westman, , Westman —, Gigi Sohn, , Biden, Allison Bailey /, Cynthia George, George, ” George, Marc Veasey, They’re, Geoffrey Starks, “ It’s, ” Starks, Amira Karaoud, Walter Durham, I’m, ” Durham, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Kamesha Scott, Louis, Megan Janicki, ” Janicki, Reagan, Mike Johnson, Blair Levin, Johnson didn’t, Levin, Jonathan Blaine, ” Blaine, they’re Organizations: CNN, Program, Social, Federal Communications Commission, FCC, Capitol, Getty, MSN, White, ” Texas Democratic, , Comcast, ACP, Navy, American Library Association, Lifeline, Republicans, Republican, New, Research, ” Bills Locations: Eureka , Illinois, America, Dallas, Las Vegas, Kentucky, San Diego, United States, Maine, St, Vermont
CNN —The number of first responders who have died from 9/11-related illnesses now almost equals the number of firefighters who died during the terror attacks themselves. A total of 341 New York City Fire Department firefighters, paramedics and civilian support staff who died from post-911 illnesses are now memorialized at the FDNY World Trade Center Memorial Wall, according to the Uniformed Firefighters Association. The memorial commemorates both first responders who died during the attacks and those who died from related illnesses in the years since. That count almost equals the 343 New York firefighters who died during the 2001 attacks. More than 71,000 people are currently enrolled in the World Trade Center Health Registry, a long-term study seeking to understand the physical and mental health effects of the terror attacks.
Persons: , Laura Kavanagh, Joseph Brosi, Jim Brosi, , ” Joseph Brosi, Joe, Brosi Organizations: CNN, New York, New York City Fire Department, FDNY, Trade Center, Uniformed Firefighters Association, World Trade, World Trade Center Health, World Trade Center, Zero Locations: New York City
East Palestine, Ohio CNN —Melissa Henry already had a lot on her plate before a Norfolk Southern train derailed in East Palestine about a mile away from her home on February 3, spilling toxic chemicals into the air. He currently has several properties listed in East Palestine and said there are about 14 properties total on the market, more than there would typically be. East Palestine is a good city. But they just got kicked in the pants on this one.”An aerial view shows a plume of smoke, following a train derailment that forced people to evacuate from their homes in East Palestine, Ohio, on February 6, 2023. Alan Freed/ReutersWith a population of about 5,000 people, there are roughly 2,600 residential properties in East Palestine, according to Attom, a property data provider.
CNN —It’s a sequel 13 years in the making, but James Cameron will have to sit the premiere out. The “Avatar: The Way of Water” director will not be in attendance at Monday’s premiere for the film in Los Angeles after testing positive for Covid-19, according to a statement obtained by The Hollywood Reporter. He tested positive as part of a routine testing cadence. He will continue to complete his schedule virtually but will not be at the premiere,” a Disney spokesperson told the outlet. Cameron previously directed 2009’s “Avatar,” which took home three Oscars and became the world’s highest-grossing film.
(CNN) James Cameron has water on the brain. It's evident in his forthcoming film, "Avatar: The Way of Water," the sequel to his Oscar-winning hit 2009 film. Cameron spoke to CNN's Jason Carroll about how the movie, which will debut in theaters in December, is different from the original. "I think it's very emotional," Cameron said of the sequel. "I think it's more emotional than the first film.
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