Robert F. Kennedy Jr. endorses Donald Trump for president.
The 70-year-old independent presidential candidate suspended his campaign Friday. Kennedy announced his support for the Republican presidential nominee in a speech in Arizona and said he would remove his name from the ballot in 10 battleground states. Kennedy had recently been polling in the single digits, with the latest figure hovering around 5%. See national polls here.
Federal Reserve chair signals "time has come" for rate cuts.
Fed chair Jerome Powell, in remarks Friday, said the central bank doesn't seek further cooling in labor market conditions, but stopped short of saying how large of an interest rate cut to expect next month. The Fed targets a 2% annual inflation rate; its preferred inflation measure—the personal consumption expenditures price index—showed inflation fell to a 2.5% annual rate in June. The Fed meets Sept. 17-18. Watch an overview of inflation here.
NASA update expected today on stuck Boeing Starliner astronauts.
NASA officials will announce their decision over the fate of two astronauts aboard the troubled Boeing Starliner spacecraft, which initially took off on an eight-day mission June 5. The agency will determine whether Butch Wilmore and Suni Williams can safely return to Earth on Starliner or if they will need to wait until February for a SpaceX Dragon ride home. Watch the announcement here (1 pm ET).
Canadian rail workers to strike Monday following stoppage.
Members of the union representing the Canadian National Railway—one of Canada's two major railroad operators (the second is Canadian Pacific Kansas City)—are poised to strike next week. The announcement follows the lockout of over 9,000 rail workers from Canada's two major railroads amid failed contract negotiations with the Teamsters union. See our previous write-up here.
DOJ sues software company in rental price hike scheme.
The Justice Department and eight states filed an antitrust lawsuit against property management software company RealPage Inc., alleging it enabled landlords to collude and artificially inflate rental prices. The DOJ claims RealPage violated laws by using algorithmic pricing software that relied on private information shared by landlords to generate pricing suggestions for rental apartments.
Divers find final missing body from sunken superyacht.
The body of 18-year-old Hannah Lynch, daughter of British tech entrepreneur Mike Lynch, was recovered Friday. She was the last of six people who died after the 184-foot luxury yacht sank off the coast of Sicily Monday following severe weather conditions. Another 15 people on the yacht had been rescued that day, including Lynch's wife. Italian authorities are investigating whether possible crimes have been committed, including manslaughter and negligence.
SOURCE: 1440 NEWS
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