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Complete mastodon jaw unearthed in New York after homeowner spots teeth in backyard

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A complete mastodon jaw was discovered in the backyard of a home in New York’s Hudson Valley, marking the state’s first such find in more than a decade, officials announced this week.

The Stockton, New York, homeowner initially spotted two teeth hidden in the fronds of a plant on their property and proceeded to uncover two more teeth buried inches underground, the New York State Museum said. Staff from the museum, which is based in Albany and has an archaeological research department, and SUNY Orange launched an investigation at the property. 

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A complete mastodon jaw was unearthed from the yard of a home in New York state.

New York State Museum


Their excavation unearthed additional fossils, including a full, well-preserved adult jaw and fragments of rib and toe bones that once belonged to a mastodon — ancient giants that existed during the Ice Age and became extinct some 10,000 years ago. The term refers to a group of massive elephant-like species, like the mammoth. 

“When I found the teeth and examined them in my hands, I knew they were something special and decided to call in the experts,” said the homeowner in a statement to the New York State Museum. “I’m thrilled that our property has yielded such an important find for the scientific community.”

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Excavators discovered fragments of the mastodon’s toe and rib bones in addition to the jaw.

New York State Museum


Remnants of mastodons have been discovered in New York before. According to the museum, more than 150 fossils of these prehistoric creatures have been documented to date statewide, with around one-third of them coming from Orange County, where the latest bones were found. 

But experts said the findings offer an opportunity to learn something new.

“This discovery is a testament to the rich paleontological history of New York and the ongoing efforts to understand its past,” said Robert Feranec, a research director and curator at the New York State Museum whose work centers on ice age animals, in a statement. “Fossils are resources that provide remarkable snapshots of the past, allowing us to not only reconstruct ancient ecosystems but also provide us with better context and understanding of the current world around us.”

The mastodon fossils will undergo carbon dating and analysis to determine the creature’s age, diet and habitat while it was alive, the museum said. After that analysis and subsequent preservation work are complete, the bones will be featured on public display in 2025.



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Federal Reserve cuts interest rates by 0.25 percentage points, its third reduction this year

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The Federal Reserve on Wednesday announced its third consecutive interest rate cut of 2024, reducing its benchmark rate by 0.25 percentage points amid cooling inflation. The central bank has now trimmed rates by 1 percentage point since September, offering relief to Americans carrying credit card balances and other debt.

The Fed lowered the federal funds rate — the interest rate banks charge each other for short-term loans — to a range of 4.25% to 4.5%, down from its previous target range of 4.5% to 4.75%. The decision comes after policymakers slashed rates by 0.5 percentage points in September, followed by a 0.25 percentage point drop in November. 

Wednesday’s move marks the Fed’s final interest rate decision prior to President-elect Donald Trump’s Jan. 20 inauguration. While price increases have cooled from their June 2022 peak, opening the door to Fed rate cuts this year, inflation has remained sticky and well above the Fed’s 2% annual target. 

Consumer prices in November rose 2.7% on a yearly basis, fueled by elevated housing and food costs. Given that stubborn inflation, many analysts think the Fed is likely to make fewer rate cuts in 2025 amid concerns that could cause the economy to overheat. 

At the same time, the Fed has so far defied forecasters’ warnings that its rate hikes could trigger a recession.

“While the Fed’s 2% inflation target has proven elusive so far, it has been successful in bringing inflation down from its highs without derailing an economy that continues to hum along,” noted Joe Gaffoglio, CEO of Mutual of America Capital Management, in an email before the Fed announcement. “However, if inflation continues to stay above target in the new year, the markets may be too optimistic on how many cuts the Fed may deliver.”

The Fed’s first rate meeting of 2025 is scheduled for Jan. 28-29, or after Trump’s inauguration. About eight in 10 economists expect the Fed to hold rates steady at that meeting, according to financial data firm FactSet.

—This is a developing story and will be updated.



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Federal Reserve decision coming on final interest rate cut for 2024

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Federal Reserve decision coming on final interest rate cut for 2024 – CBS News


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The Federal Reserve is set to announce a potential reduction to the interest rate, its final potential move in 2024. CBS News’ Kelly O’Grady has more on what’s expected.

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Details emerge about Madison school shooting suspect’s family life

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Details emerge about Madison school shooting suspect’s family life – CBS News


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Records are providing more details about the Madison, Wisconsin, school shooting suspect and her family life. CBS News’ Anne Schecter breaks down what’s known as officials investigate the 15-year-old’s motive.

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