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It's been a great year for tv, movies and music, and we are highlighting the best of the best, including K pop, Demon Hunters, Sinners and Severance. We're talking about our favorite moments of the year, including some of the best pop culture you might have missed. Listen to Pop Culture Happy Hour in the NPR app or wherever you get your podcasts.
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Live from NPR News, I'm Lakshmi Singh. The Federal Reserve is making it a little cheaper to borrow money. NPR's Scott Horsley reports. The central bank lowered its benchmark interest rate today by a quarter percentage point.
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The quarter point rate cut was widely expected, but it was not a unanimous decision. Two members of the Fed's rate setting committee wanted to hold rates steady today, while one wanted a larger half point reduction. By lowering its benchmark rate, the Fed hopes to prop up the job market, which has been showing signs of weakness. The economy saw a net loss of jobs in both June and August, and the unemployment rate has been inching up. The central bank has now cut interest rates at three consecutive meetings. But with inflation still running well above the Fed's target, policymakers signaled they'll be cautious about cutting rates further next year. Scott Horsley, NPR News, Washington.
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Bell chimes filling Oslo City hall streamed by the Nobel Committee as members of the Norwegian royal family and distinguished guests gathered to present this year's Nobel Peace Prize to Venezuela's de facto opposition leader, Maria Corina Machado, as having been in hiding. Machado was unable to attend the ceremony but was expected to arrive later in Oslo. Her daughter, Anna Corinna Sosa Machado, accepted the peace prize on her mother's behalf.
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First, I want to express our infinite gratitude from my family, from an entire country to the Norwegian Nobel Committee. Thanks to you. The struggle of an entire people for truth, for freedom, for democracy and peace, is today recognized around the world.
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But the Nobel Committee has come under criticism for praising Machado as a champion of democracy after she publicly supported President Trump's military strikes on alleged drug boats off Venezuela's coast. Alleged drug trafficking boats off Venezuela's coast. Such operations in the Caribbean and Pacific have killed dozens of people, and in one case, the use of a secondary strike to kill survivors has has come under scrutiny as a possible war crime. Canada is launching a sweeping new initiative in a bid to attract highly skilled foreign workers, including those holding H1B visas in the U.S. nPR's Jackie Northam reports.
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The Canadian government has pledged roughly $1 billion over the next few years to recruit scientists, researchers and other specialists from all over the world it's an effort to strengthen what it calls the country's innovation ecosystem and make its universities more competitive. Ottawa is also introducing a fast track program for people currently or previously holding a US H1B visa, many of which are skilled tech workers. The Trump administration recently raised the fee for an H1B visa to $100,000. Canadian universities have also been actively recruiting foreign born professors and researchers from U.S. institutions. Jackie Northam, NPR News.
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It's NPR.
The Trump administration's under court order to end the National Guard deployment in Los Angeles. A federal judge in California has ruled that President Trump must return control of the troops to the state, despite objections from Governor Gavin Newsom. In June, President Trump put thousands of service members on LA streets to protect immigration facilities and forces. The vast majority have since left, but there are still around 100 in LA. The court has stayed the order until Monday.
Best selling romance writer Sophie Kinsella has died. She was best known for a series that began in 2000 with the novel Confessions of a Shopaholic. NPR's Netta Ulaby has this appreciation.
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Confessions of a Shopaholic was made into a movie in 2009. The main character at first prefers shopping to men.
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You know that thing when you see.
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Someone cute and he smiles and your.
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Heart kind of goes like warm butter sliding down hot toast? Well, that's what it's like when I see a store.
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The writer, whose real name was Madeleine Wickham, was educated at Oxford University. She worked for a while as a finance reporter. She was interested in and concerned about young women's relationships with money as well as the opposite sex. Kinsella was diagnosed with an aggressive form of brain cancer in 2022. She was 55 years old. Netta Ulupi, NPR News.
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At last check on Wall street, the Dow is up nearly 300 points. You're listening to NPR News.
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Listen to this podcast sponsor, free on Amazon Music with a Prime membership or any podcast app by subscribing to NPR News Now +@plus.NPR.org that's plus.NPR.org.
This NPR News Now episode delivers the latest updates in national and international news within a five-minute format. Key stories include the Federal Reserve’s interest rate decision, the Nobel Peace Prize ceremony in Oslo, Canada’s new immigration initiative targeting highly skilled workers, a federal court ruling on National Guard deployment in Los Angeles, the death of author Sophie Kinsella, and quick market updates.
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This episode provides a succinct yet thorough update on top global and national news stories impacting economics, politics, immigration policy, and culture—delivered with the signature clarity and authority of NPR News Now.