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Federal Reserve raises interest rates for second time this year

6 days ago   |   By WBALTV

This is the second hike of 2018 after the Fed increased the rate in March.
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Fed raises rates, signals 2 more hikes coming in 2018

Fed raises rates, signals 2 more hikes coming in 2018

6 days 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...
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Several GOP senators pen letter to Jeff Sessions over zero tolerance...

Several GOP senators pen letter to Jeff Sessions over zero tolerance immigration policy

Top Senate Republican Orrin Hatch broke with President Donald Trump on Tuesday over separating families at the southern border, telling reporters he's "not real happy with the... Read more ...

New York to sue Trump administration for family separations

New York to sue Trump administration for family separations

New York intends to file a lawsuit against the Trump administration over family separations at the border, Gov. Andrew Cuomo announced Tuesda Read more ...

Couple raises more than $4 million in 4 days to reunite migrant children...

Couple raises more than $4 million in 4 days to reunite migrant children with parents

Their original goal was to bring in $1,500. Read more ...

New GOP plan: Hold kids longer at border - but with parents

New GOP plan: Hold kids longer at border - but with parents

Calls mount for President Donald Trump to end family separations. Read more ...

Lower costs, fewer benefits in new health insurance option for small...

Lower costs, fewer benefits in new health insurance option for small businesses, others

The Trump administration is rolling out a health insurance option for small businesses and self-employed people. Read more ...

Russia on their way to improbable knockout stage run

Russia on their way to improbable knockout stage run

An easy 3-1 win over Egypt means that Russia are all but assured to make it to the second round of the World Cup. Read more ...

Man with gun tattoo on forehead arrested on gun charge in Greenville, police say

Man with gun tattoo on forehead arrested on gun charge in Greenville, police say

A man with a gun tattooed on his forehead was arrested for unlawful carrying of a firearm, among other charges, according to police in Greenville, South Carolina. Read more ...

Teen dies 20 hours after he was left covered with sheet, presumed dead

Teen dies 20 hours after he was left covered with sheet, presumed dead

After about an hour of being left under the sheet, people near the crime scene were heard screaming at police that the boy was still alive. Read more ...

Elementary school drops Confederate name in favor of Barack Obama

Elementary school drops Confederate name in favor of Barack Obama

A Virginia elementary school will switch its name from that of a Confederate general to that of the nation's first black president. Read more ...

Terrifying video shows circus bear jumping off skateboard, attacking handler

Terrifying video shows circus bear jumping off skateboard, attacking handler

Frightening video from a Russian circus shows a bear turning on its handler as audience members scream. Read more ...