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  • The Federal Reserve held interest rates steady Wednesday, but policymakers signaled they still expect to start cutting rates later this year. The stock market jumped in response.
  • The European Union has charged Elon Musk’s X with violating new regulations for social media platforms. Musk faces hefty fines over delivering misinformation.
  • A session guitarist in the Los Angeles area, Mike Post was 20 years old when he played on Sonny & Cher's "I Got You, Babe." In 1967, Post produced and arranged a top 10 hit for Kenny Rogers & the First Edition: "Just Dropped In (To See What Condition My Condition Was In)." Post's TV career began at 24, when he was made the Music Director for the "Andy Williams Show." He has since composed theme music for shows including The Rockford Files (his theme won a Grammy), Magnum P.I., Hill Street Blues and most recently, NYPD Blue.
  • Paige Olsen calls the ears on her coonhound "extravagantly long." Each ear measures more than 13 inches. Her coonhound tops the Guinness World Record list for longest ears on any living dog.
  • Funny Ha Ha, the first film by 29-year-old director Andrew Bujalski, made a lot of critics top 10 lists in 2004 -- quite a feat for a film made with a minimal crew, a loose script, and the director's friends. Bujalski’s new film, Mutual Appreciation, features Justin Rice, lead singer for the indie pop band Bishop Allen. Now playing in New York and Los Angeles, it will open in more cities this fall.
  • Europe's largest bank allowed drug cartels to launder billions of dollars through its U.S. operations, and skirted bans against transactions with Iran. Those are among the findings of a Senate investigation of London-based HSBC. Executives from the bank are in Washington for a hearing on the probe.
  • Some top black Republicans have hinted they might switch parties to support Barack Obama this fall. Farai Chideya asks three black conservatives who they're supporting for president and why.
  • In his new book, The Inheritance, David Sanger writes about the multiple foreign policy challenges President-elect Obama will face when he takes office. Also, he reports on the top threats Obama will likely contend with during his presidency.
  • Mayor Charles Burkett tells NPR that video of the collapse shows that "it was obvious that these buildings just sort of came straight down on top of each other."
  • The state's top medical official says Louisiana went from its lowest to highest number of cases and hospitalizations in just four weeks, and the surge doesn't show signs of slowing.
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