CNN 5 Things Interest rates held again, tsunami warnings ease, Ozzy Osbourne funeral & more
Jul 30, 2025
The Federal Reserve has decided to hold interest rates steady despite external pressures, sparking discussions on the economy. After a Russian earthquake, tsunami warnings in the US are easing. In the UK, air travel faced disruptions, while Senate Democrats push for the release of Epstein files using an old law. Meanwhile, fans gather to pay tribute to Ozzy Osbourne at his heartfelt funeral, celebrating a music legend. Plus, there's a sneak peek at a new AI-powered PC aimed at enhancing creativity and productivity.
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Fed Holds Steady Amid Trade War
- The Federal Reserve has held interest rates steady at 4.25%-4.5% for the fifth time amid economic uncertainty from the trade war.
- Fed officials want to observe more data before rate changes despite political pressure from President Trump.
U.S. Tsunami Warnings Evolve
- Tsunami warnings in the U.S. were downgraded but advisories remain in effect along the West Coast and Hawaii.
- Officials urge people to avoid beaches due to persistent, smaller tsunami waves.
UK Air Traffic Disruption Impact
- Technical issues disrupted UK air traffic, causing no departures at one point.
- Such delays have ripple effects lasting hours, highlighting system vulnerability to technical faults.