News > U.S.

Federal Reserve raises interest rates for second time this year

8 monthes ago   |   By WBALTV

This is the second hike of 2018 after the Fed increased the rate in March.
Read more ...

 

Fed raises rates, signals 2 more hikes coming in 2018

Fed raises rates, signals 2 more hikes coming in 2018

8 monthes ago   |   By Politico

The Federal Reserve on Wednesday raised interest rates for the second time this year and nudged up its projections for GDP growth in 2018, in a further endorsement of the U.S. economy's strength. The balance on the Fed's interest-rate-setting committee has tipped in favor of two more rate hikes in 2018, rather than only one, bolstered by an uptick in the central bank's projections for inflation this year and next. Following Wednesday's rate hike, the Fed's main borrowing rate - which influences interest rates on everything from mortgages to savings accounts - is set between 1.75 percent...
Read more ...

 


Search by Tags

   U.S.      Economy  


'Empire' actor Jussie Smollett accused of filing false police report

'Empire' actor Jussie Smollett accused of filing false police report

Jussie Smollett is accused of filing a false police report, a felony, according to Chicago police spokesman Anthony Guglielmi. Read more ...

Father dies trying to save two of his children trapped in house fire, family...

Father dies trying to save two of his children trapped in house fire, family says

The father of three brought his 9-year-old son to safety before going back into a burning home to find his older children, a family member said. Read more ...

New York Times responds to Trump's attack: 'It's not just false, it's dangerous'

New York Times responds to Trump's attack: 'It's not just false, it's dangerous'

The New York Times publisher recently spoke with President Trump about this very issue during an Oval Office interview, who responded by claiming that he thinks he is a great... Read more ...

Justice Department preparing for Mueller report as early as next week

Justice Department preparing for Mueller report as early as next week

The Justice Department preparations are the clearest indication yet that Mueller is nearly done with his almost two-year investigation. Read more ...

Fire in old part of Bangladesh's capital kills at least 69

Fire in old part of Bangladesh's capital kills at least 69

DHAKA, Bangladesh - A devastating fire raced through buildings in an old part of Bangladesh's capital and killed at least 69 people, officials and witnesses said Thursday... Read more ...

Chicago Police: Jussie Smollett Under Suspicion Of Filing False Police Report

Chicago Police: Jussie Smollett Under Suspicion Of Filing False Police Report

The investigation into the alleged attack against actor Jussie Smollett has taken another turn. The "Empire" actor had claimed he was the victim of a racist and homophobic... Read more ...

Officer says he followed ‘the trail of soda' to catch man who stole...

Officer says he followed ‘the trail of soda' to catch man who stole 18-wheeler Pepsi truck

Police said it wasn't difficult to track down the 45-year-old suspect. Read more ...

ACLU threatens to sue district after awards for 'Big Booty,' other physical...

ACLU threatens to sue district after awards for 'Big Booty,' other physical traits given to cheerleaders

The awards, allegedly handed out during a banquet attended by about 150 people, poked fun at cheerleaders' bodies. Read more ...

'Lava waterfall' reappears at Yosemite National Park

'Lava waterfall' reappears at Yosemite National Park

Photographers in Yosemite National Park encountered the natural phenomenon known as "firefall" where lava appears to be flowing over a cliff at sunset. Read more ...

Zion-less No. 1 Duke trails No. 8 North Carolina at half in Battle of the...

Zion-less No. 1 Duke trails No. 8 North Carolina at half in Battle of the Blues, 42-32

This is the 46th time UNC and Duke have met with both sides holding spots in the top 10. Read more ...