Lynde Langdon

Lynde is a WORLD Digital’s managing editor and reports on popular and fine arts. She lives in Wichita, Kan., with her husband and two daughters. Follow Lynde on Twitter @lmlangdon.

Associated Press/Photo by Richard Drew

Fed cuts interest rates

by Lynde Langdon
Posted 7/31/19, 03:58 pm

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.

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Associated Press/Photo by Jeff Chiu

Another data breach, this time at Capital One

by Lynde Langdon
Posted 7/30/19, 12:20 pm

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.

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Getty Images/Photo by Michael Stobe

Teen wins $3 million in gaming contest

by Lynde Langdon
Posted 7/29/19, 12:04 pm

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.

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