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The Federal Reserve held interest rates steady yesterday as it waits to see how President Trump’s trade war affects the U.S. economy. The financial markets anticipated the Fed’s decision to maintain the benchmark borrowing rate at between 4.25% and 4.5%, despite the president’s calls for a reduction.
Federal Reserve Chair Jerome Powell and his colleagues kept interest rates unchanged Wednesday. President Trump has criticized the central bank for not lowering rates.
Roberto Schmidt/AFP/Getty Images
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Roberto Schmidt/AFP/Getty Images
The Trump administration plans to deport migrants without legal status to Libyaa country troubled by armed conflict, as early as next week. The U.S. military would conduct these deportations. In recent months, U.S. officials have been negotiating with various countries willing to accept individuals deported from the U.S. Earlier this week, Rwanda’s foreign minister mentioned that his country is in discussions with Washington about accepting deportees.
Pakistan’s military spokesman, Lieutenant General Ahmad Sharif, said they shot down Indian drones flying over major cities this morning. This action follows India’s recent strikes on multiple targets across Pakistan on Tuesday, marking the most extensive military action India has taken in over 50 years. India says its actions were in response to terror attacks launched from Pakistani territory last month.
Black smoke was seen rising from the Sistine Chapel on the second day of the papal conclaveindicating that the 133 Catholic cardinals had not chosen a successor to the late Pope Francis. Starting today, cardinals will participate in up to four rounds of voting each day until a new pope is elected. Stay up-to-date on the election of the next pope here.
Only about half of Americans have assembled a stash of emergency supplies. To make the process less overwhelming, “start with what you already have,” says Alyssa Provencio, a professor at the University of Central Oklahoma who researches emergency and disaster management.
Olivia Fields for NPR
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Olivia Fields for NPR
Creating an emergency go bag can feel daunting and costly, but it doesn’t have to be. Many people struggle to know what items to include, which might explain why only half of Americans report having assembled or updated their emergency supplies. To make the process easier and more budget-friendly, consider building your kit gradually over time. Experts in emergency preparedness shared helpful tips with Life Kit on how to create an affordable kit and what items to prioritize.
For more guidance on how to create an emergency go bag, listen to this episode of NPR’s Life Kit. Subscribe to the Life Kit newsletter for expert advice on love, money, relationships and more.
A 1990 Mercedes-Benz 190E participates in the 24 Hours of Lemons rally in Kershaw, S.C., on April 26. The race features cars that cost $500 or less.
Sam Wolfe for NPR
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Sam Wolfe for NPR
The 24 Hours of Lemons event is an endurance race with a twist: The participating cars cost less than $500. This racing series promotes itself as an event for everyday people. The vehicles are not only economical but also quite eccentric. At a recent race, there was a Toyota Yaris painted to resemble Gary, the pet snail from Spongebob Squarepantsand a Honda Civic topped with items like a lawnmower, squirrels, and flamingos. Teams are also encouraged to wear costumes, adding to the fun atmosphere. The event began over 15 years ago in California and now features 23 races a year across the country. Check out photos of the uniquely designed race cars.
Shandaken Historical Museum; Shelley Smith/National Trust for Historic Preservation
This newsletter was edited by Suzanne Nuyen.