Key Takeaways The Federal Reserve is expected to cut interest rates to a range of 3.75%–4%, but officials remain divided and cautious amid unclear economic data.Analysts anticipate the Fed will soon end its quantitative tightening program,

Oct. 28 (UPI) -- With the impending loss of benefits under the Supplemental Nutrition Assistance Program potentially causing low-income Americans and their families to go hungry, 25 states have filed suit to force the federal government to release funds for the program during the federal government shutdown.

On today's episode of CNBC Crypto World, BlackRock-linked Securitize, a “real world assets” platform, is going public through a merger with a special purpose acquisition company. Plus, Circle CEO Jeremy Allaire discusses the launch of a new blockchain network called Arc.

In 2023, however, a remarkable paper by Sebastian Hillenbrand of Harvard Business School set the cat among the pigeons when he showed that the movements in US long-term interest rates could not be divorced from the Federal Reserve.

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring.