Trump Says Israel and Hamas Agree to First Phase of Peace Plan

Smoke rises after Israeli strikes hit the Islamic University area in Gaza City, Gaza Strip, on Oct. 7, 2025. Abood Abusalama/Middle East Images via AFP via Getty Images WASHINGTON—Israel and terrorist group Hamas have reached a deal for the release of hostages, marking a breakthrough toward ending the two-year war in Gaza. After announcing that

Federal Reserve officials remain cautious on future rate cuts

Federal Reserve officials remain cautious about future interest rate cuts, with an account from the central bank’s meeting in September underscoring the division among central bank officials over the best path for monetary policy.  While some officials think the Fed’s benchmark rate is too high and weighing on the economy, others point to persistent inflation