The Federal Reserve announced its first interest rate cut in a decade Wednesday. The quarter-point decrease will affect the cost of many loans for homes and businesses.

Is the economy in trouble? Not yet, and Fed Chairman Jerome Powell said he wants to keep it that way. He told reporters this rate cut is about sustaining growth amid economic uncertainty caused by things like the trade war with China, low inflation, and weaker global markets. He also said the Fed is not planning a long series of rate cuts, as it did in the Great Recession of the late 2000s.

About 106 million customers who applied for credit cards from Capital One had their data stolen, court records revealed Monday. A hacker accessed people’s reported incomes, phone numbers, credit scores, and other information, along with the Social Security numbers of about 140,000 customers and 80,000 linked bank account numbers.

All those hours in front of screens paid off Sunday for Kyle Giersdorf of Pottsgrove, Pa., when he won the Fortnite World Cup first-place prize of $3 million. Giersdorf, 16, faced 99 other competitors from 30 countries in the tournament finals over the weekend at Arthur Ashe Stadium in New York. Gamers took home a total of $30 million in prize money.

A federal judge ruled Wednesday that the Trump administration can enforce new restrictions on asylum for people crossing the U.S.-Mexico border while lawsuits play out in the courts. Judge Timothy Kelly of the U.S. District Court for the District of Columbia denied a request for a temporary restraining order, saying the immigrant advocate groups that sued did not show that the policy would irreparably harm their work.

The United Kingdom and its allies are warning Iran to release a British oil tanker and its crew that were taken captive in the Strait of Hormuz on Friday. Iran said it orchestrated an armed takeover of the ship in retaliation for Britain’s impounding one of its tankers that was attempting to deliver oil to Syria in violation of European Union sanctions two weeks ago off Gibraltar.

UPDATE: The Iranian military said Friday that all its drones had returned safely to their bases the previous day, contradicting a claim by President Donald Trump that a U.S. warship destroyed an unmanned Iranian aircraft Thursday. “We have not lost any drone in the Strait of Hormuz nor anywhere else,” tweeted Iranian Deputy Foreign Minister Abbas Araghchi.

A federal judge in Brooklyn, N.Y., on Wednesday sentenced Mexican drug kingpin Joaquin “El Chapo” Guzman to life in prison plus 30 years. The 62-year-old drug lord, who led an army of gangsters and an elaborate corruption operation in Mexico, was brought to the United States to stand trial after he twice escaped from Mexican prisons. The evidence showed that under Guzman’s orders, the Sinaloa cartel smuggled close to 200 tons of cocaine and other drugs into the United States and kidnapped, tortured, and murdered anyone who got in the way.