Will the Federal Reserve cut interest rates again this year?

The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank’s fight against inflation and signaling welcome relief for borrowers. It remains to be seen, however, whether the Fed will continue to lower rates and further ease the burden for people and companies saddled with loans. The Federal Open Market Committee (FOMC), a policymaking body at the Fed, on Wednesday forecast further interest rate cuts. By the end of 2024, interest rates will fall nearly another half of a percentage point from their current level of between 4.75% and 5%, according to FOMC projections. Interest rates will drop another percentage point over the course of 2025, the projections further indicated. Speaking at a press conference in Washington, D.C. on Wednesday, Fed Chair Jerome Powell said the projections reflect expectations that the economy will sustain the same pair of trends that prompted the rate cut in the first place: falling inflation and rising unemployment. RELATED: The Federal Reserve is finally lowering rates | Here’s what consumers should know “These projections, however, are not a committee plan or decision,” Powell said.

Things to Do | Local Calendar

If your group or agency has changed or canceled an event, write to rsilva@redbluffdailynews.com or leave a message at 737-5042. Events Featured artist Kathy Murdock’s fused glass art and landscape paintings at Tehama Arts Gallery’s exhibit, “The Landscapes,” along with gallery members’ art, Sept. 13-28, with an artist’s reception Saturday, Sept. 14 from 5:30 to 8 p.m.. Tehama County Food Share needs shelf-stable milk (powder or boxed; bovine, soy, or nut) to supplement its food pantries this fall. Donations can be brought to Tehama County Together, 345 Hickory St., Suite 2, Monday through Friday from 11:30 AM to 3 PM. For more information, call 530-527-2223. The RBUHS CLASS of 1963 is holding its Almost Annual Picnic on Saturday, Oct. 5, at Cone Grove Park from 10 a.m. to 4 p.m. Please bring food and drink, and don’t forget a comfortable chair. Members of other classes that graduated close to 1963 are invited. Contact Gary Allwardt at 530-894-3143 or safeat2nd@earthlink.net. The Red Bluff Masterworks Chorale has started rehearsals for its next season. The group meets on Mondays at 6:45 p.m. in the Presbyterian Church Chapel, 902

8 Orange County firefighters injured as wildfire crew truck crashes on SoCal freeway

By ABC7.com staff Friday, September 20, 2024 6:27AM An Orange County Fire Authority truck for hand crews fighting wildfires crashed on the 241 Freeway in Irvine, resulting in eight injuries. IRVINE, Calif. — Eight Orange County firefighters returning from battling the Airport Fire were injured in a rollover crash on a freeway in Irvine Thursday night. Officials say six firefighters suffered major injuries and two others had minor injuries when the hand-crew truck struck a guard rail and overturned. It apparently was caused by a ladder that was in lanes on the 241 Freeway. A vehicle ahead of the fire truck swerved to avoid the ladder and the truck swerved too, striking the guardrail on the right shoulder and flipping over, according to the California Highway Patrol. Orange County Fire Authority Chief Brian Fennessy provides new details after eight firefighters were injured in a crash. “These are the toughest things to have to deal with. It breaks my heart,” said OCFA Fire Chief Brian Fennessy. “I know my team and all the rest of the firefighters in the OCFA and throughout the region and the

Van Ness Village rallies around businesses impacted by fire

FRESNO, Calif. (KFSN) — These are literally dark days for three businesses at Van Ness Village in Fresno’s Tower District. The electricity remains shut off at The Labyrinth Art Collective, Spokeasy, and Jazzy Jeans N Things after a damaging fire on Monday afternoon. The Fresno Fire Department says something ignited outside the building. Property owner David Owens commended crews for working quickly keeping most of the damage to a back storeroom, but the damage was enough to impact the individual businesses. Owens expects a challenging process to restore power. “Of course, we just want them to say, get an electrician, check out all the wiring, fix it up and go, but it’s not going to be that easy I don’t think,” said Owens. On Wednesday, Spokeasy opened its doors to sell the canned beers they had in stock and the community showed up buying up everything in their fridge. “It’s a beautiful thing, it really is. It makes us feel like we’re not just trying to like take care of this on our own, we have all these people that have our back and it’s

$2M worth of drugs found in van after traffic stop in Fresno County

Friday, September 20, 2024 6:17AM Authorities seized more than $2 million worth of drugs during a traffic stop on Interstate 5 in Fresno County earlier this month. FRESNO COUNTY, Calif. (KFSN) — Authorities seized more than $2 million worth of drugs during a traffic stop on Interstate 5 in Fresno County earlier this month. The California Highway Patrol says when a minivan was pulled over on September 6th, the driver got out and ran into an orchard. Multiple agencies took part in an extensive search, but the driver was never found. Authorities then discovered 235 pounds of drugs bundled in around one hundred packages. If the suspect is found, they face several charges, including possession of methamphetamine for sale and resisting arrest. Copyright © 2024 KFSN-TV. All Rights Reserved.

Dine and Dish: Compa Franks in Madera

Friday, September 20, 2024 1:39AM A taste of Sinaloa awaits you at Compa Frank’s on Howard Road and Dwyer Street in Madera. MADERA, Calif. (KFSN) — A taste of Sinaloa awaits you at Compa Frank’s on Howard Road and Dwyer Street in Madera. Compa is short for “compadre.” “All of the family is from Sinaloa,” says owner Frank Flores. “My mom makes more of the traditional seafood, and my dad makes more of the traditional Mexican food,” says Manager Benny Flores. “I think it’s the best way to integrate those cultures together.” A searing hot stone bowl holds a bubbling favorite. “One molcajete Azteca with a compa special salsa inside,” Frank said. “We make sure we got the lava rock nice and hot so that way, it continues to marinate all the meat,” Benny said. “All the juices combine very well.” They soak into the steak, chicken and chorizo. Grilled cactus or nopal helps the molcajete stand out. A tortilla, homemade by Benny’s mom every day, holds in that wonderful mixture. Something is always sizzling or smoking. “We have some chicken and state fajitas —

Siblings arrested in Tulare County for pimping and pandering, deputies say

Friday, September 20, 2024 1:21AM A brother and sister have been arrested in Tulare County for pandering and pimping. TULARE COUNTY, Calif. (KFSN) — A brother and sister have been arrested in Tulare County for pandering and pimping. 27-year-old Enrique Reyes and 30-year-old Erika Reyes were taken into custody by investigators with the Tulare County District Attorney’s Office in August following the service of several search warrants. The arrest stemmed from a tip about a massage business in Tipton that was allegedly operating a prostitution operation. A preliminary hearing in this case is set for later this month. Copyright © 2024 KFSN-TV. All Rights Reserved.

Pleasant Valley State Prison inmate who killed cellmate stuffed weapon in mattress: Investigator

Friday, September 20, 2024 1:11AM 15 years after an inmate was murdered at the Pleasant Valley State Prison, a jury is now learning where investigators say the suspect hid his weapon. FRESNO, Calif. (KFSN) — 15 years after an inmate was murdered at the Pleasant Valley State Prison, a Fresno County jury is now learning where investigators say the suspect stashed his weapon. Prosecutors have charged Marcus Faulk with one count of murder. Media reports from 2009 say Faulk killed his cellmate, Jason Shawn Cannon, who was 35 years old and serving a 32-month sentence for resisting arrest. On Thursday, jurors heard evidence about a prison-made weapon investigators found in Faulk’s cell. It was stuffed in a mattress. “As I recall, it was embedded in the stuffing,” Fresno County Sheriff’s Office Sergeant Hector Palma said. “In the center somehow.” Prosecutors say Faulk had a pact with another prison inmate to kill their cellmates. But Faulk denies the murder charge and has pleaded not guilty. Faulk’s public defender called on the prison’s current chief of mental health, who has reviewed reports about Faulk’s mental health diagnosis.

QB&A with David Carr: Looking at Derek Carr’s success with the Saints

Friday, September 20, 2024 12:44AM Through two weeks, Derek Carr is the NFL’s top quarterback. Through two weeks, Derek Carr is the NFL’s top quarterback. His brother, David Carr, says it’s thanks in part to offensive coordinator Klint Kubiak, who has been drawing up play action. In this week’s QB&A, David explains how his brother can keep it rolling. For sports updates, follow Stephen Hicks on Facebook, Twitter and Instagram. Copyright © 2024 KFSN-TV. All Rights Reserved.

35th Fresno Reel Pride celebrating LGBTQ+ films

The Fresno Reel Pride film festival begins in the Tower District Thursday and runs through Sunday. Friday, September 20, 2024 5:47AM For the 35th year, Fresno Reel Pride returns to the Silver Screen. The festival celebrates LGBTQ+ films in the Tower District. FRESNO, Calif. (KFSN) — For the 35th year, Fresno Reel Pride returns to the Silver Screen. The festival celebrates LGBTQ+ films in the Tower District. “If you come out to Reel Pride, you basically can see a lot of the things that we are known for, and that is wonderful feature films that you cannot see in normal theaters,” says Kathleen Arambula-Reyna. Arambula-Reyna is the festival’s board president. This year’s event will feature 20 films, including shorts, features, and local artists and filmmakers. “We bring films that represent parts of our LGBTQ+ community that are not as forward-facing,” Arambula-Reyna said. Organizers say Reel Pride is one of the largest and longest-running LGBTQ+ film festivals in the country. Its roots run deep and go back to Fresno State in the 90s. Ken Fries co-founded the festival with Dr. Peter Robertson when the two were

New-look Sharks want ‘to start writing their own history’

SAN JOSE – San Jose Sharks prospect Will Smith had lunch this week with veteran forwards Logan Couture and Barclay Goodrow, two central players in the team’s last playoff run in 2019. Smith, naturally, wanted to know what it was like inside SAP Center more than five-plus years ago on the night Goodrow scored a series-clinching overtime goal in Game 7 against the Vegas Golden Knights, capping arguably the wildest game in team history. “I actually watch it back on YouTube a lot, and seeing the Shark Tank like that is pretty crazy,” Smith said. “They were telling me how it was so loud, it was just ringing the entire time. “It’s our goal to get it back to that.” With plenty of renewed enthusiasm following a rather transformative summer, the on-ice part of that long process for the Sharks began Thursday with the first day of the team’s training camp. New head coach Ryan Warsofsky directed several new players, including top prospects Smith and Macklin Celebrini, through hour-long practices featuring several up-tempo drills. The overhauled Sharks hope to be a vastly different team than

SF Giants officially eliminated from playoff contention on Orioles’ walk-off homer

By IAN NICHOLAS QUILLEN | Associated Press BALTIMORE (AP) — Anthony Santander hit a game-ending two-run homer with two outs in the ninth inning, his 42nd longball of the season, and the Baltimore Orioles eliminated the San Francisco Giants from the playoff contention, beating them 5-3 on Thursday. Santander’s shot off Ryan Walker (9-4) came after Casey Schmitt tied the game at 3-all with a single off Seranthony Domínguez in the top of the ninth. “Walk’s been great … one pitch ends up costing us the game,” Giants manager Bob Melvin said. “You always feel good when he’s in the game. (But) a good hitter having a great season got a pitch he could handle.” The Giants missed a big chance to do more damage in the top of the ninth inning after the first two runners reached base. Donovan Walton popped a bunt to the catcher for the first out, then pinch hitter Mark Canha grounded into a double play to end the Giants’ threat. San Francisco’s offense was stalled by some poor production with men in scoring position as Giants hitters went just

Justice Department opens civil rights probe into sheriff’s office after torture of 2 Black men

By EMILY WAGSTER PETTUS, Associated Press JACKSON, Miss. (AP) — The Justice Department has opened a civil rights investigation into a Mississippi sheriff’s department whose officers tortured two Black men in a racist attack that included beatings, repeated use of stun guns and assaults with a sex toy before one of the victims was shot in the mouth, officials said Thursday. The Justice Department will investigate whether the Rankin County Sheriff’s Department has engaged in a pattern or practice of excessive force and unlawful stops, searches and arrests, and whether it has used racially discriminatory policing practices, according to Assistant Attorney General Kristen Clarke. Five Rankin sheriff’s deputies pleaded guilty in 2023 to breaking into a home without a warrant and engaging in an hourslong attack on Michael Corey Jenkins and Eddie Terrell Parker. A sixth officer, from the Richland Police Department, was also convicted in the attack Some of the officers were part of a group so willing to use excessive force they called themselves the Goon Squad. All six were sentenced in March, receiving terms of 10 to 40 years. The charges followed an Associated Press investigation in

Israeli soldiers pushed three apparently lifeless bodies from roofs during a West Bank raid

By JULIA FRANKEL and MAJDI MOHAMMED, Associated Press QABATIYA, West Bank (AP) — Israeli soldiers pushed three apparently lifeless bodies from rooftops during a raid in the northern part of the occupied West Bank on Thursday, according to an Associated Press journalist at the scene and video obtained by AP. An AP journalist in the town of Qabatiya witnessed three soldiers push the bodies off the roofs of adjacent multi-story buildings, sending them falling out of view. It was the latest in a series of suspected violations by Israeli forces since the start of the Israel-Hamas war that rights groups say show a pattern of excessive force toward Palestinians. “This is a serious incident that does not coincide with IDF values ​​and the expectations from IDF soldiers,” the military said in a statement, using the acronym it goes by. “The incident is under review.” Israel said its troops had killed four combatants during operations in Qabatiya on Thursday. The Palestinian Health Ministry in Ramallah did not immediately confirm multiple deaths, but said one person had been killed in the town and that Israeli gunfire sent