Federal Reserve Interest Rate Cut and Middle East Tensions

The Fed is expected to cut interest rates today, but there are mixed views on how big it's going to go. Iran has accused Israel of terrorism after the pager attack that killed 12 people, including an Iranian ambassador. House Speaker Mike Johnson has set up a vote on government funding that he thinks will fail - we'll tell you why. A Japanese company now has more time to make its case for a US Steel takeover bid. And, after 113 days of reaching 100 degrees, Phoenix's hot streak is over.

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