The Federal Reserve lowered its benchmark interest rate by 0.25 percentage points on Wednesday, its second cut this year. The move reduces the federal funds rate to a range of 3.75% to 4%, down from 4% to 4.25%. The Fed said “downside risks to employment rose in recent months,” citing slower job growth. Inflation remains at 3%, still above the Fed’s 2% target. (Story URL)

Uber announced Wednesday that it will introduce autonomous taxi service in the San Francisco Bay Area next year. The program is part of a partnership with electric vehicle maker Lucid Motors and self-driving technology company Nuro. They expect to deploy about 100 robotaxis in the coming months, while Uber aims for 20,000 within six years. No exact launch date was announced. (Story URL)

At least 104 people were killed i

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