US Federal Reserve sees inflation progress but envisions only one rate cut this year

washington — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled they expect to cut their benchmark interest rate just once this year.  The policymakers’ forecast for one rate cut was down from a previous forecast of three, because inflation, despite having cooled in the past…

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UN Chief puts Israeli military, Hamas on blacklist for harming children

united nations — The United Nation’s secretary-general has included Israel’s military and Hamas on the annual blacklist of perpetrators who harm children. “I am appalled by the dramatic increase and unprecedented scale and intensity of grave violations against children in the Gaza Strip, Israel and the occupied West Bank, including East Jerusalem,” Antonio Guterres said in…

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Alzheimer’s drug that slows disease gets backing from FDA advisers

WASHINGTON — A closely watched Alzheimer’s drug from Eli Lilly won the backing of federal health advisers Monday, setting the stage for the treatment’s expected approval for people with mild dementia caused by the brain-robbing disease.  Food and Drug Administration advisers voted unanimously that the drug’s ability to slow the disease outweighs its risks, including side…

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