The Federal Reserve announced on Wednesday that it would keep its benchmark interest rate unchanged, a move that follows a series of policy meetings in which officials noted that inflation remains elevated. The decision was made amid ongoing concerns about price pressures in the economy, with the central bank signalling that it will monitor the situation closely before making any further adjustments.
In a separate development, a federal judge who had been overseeing the prosecution of former Venezuelan president Nicolas Maduro passed away at the age of 92. The judge had been involved in the case that brought Maduro to trial in the United States, and his death marks the loss of a key figure in that legal proceeding.
Hundreds of passengers aboard a cruise ship were left stranded in Cambodia after the vessel’s itinerary was abruptly shortened due to soaring fuel prices. The high cost of fuel forced the cruise line to cancel the remainder of the trip, leaving travelers without a clear plan for the rest of their journey.
These stories highlight a mix of domestic policy decisions, international legal proceedings, and the impact of global commodity prices on travel and tourism.
<small>Source: PBS NewsHour — read the original story there.</small>
