Federal Reserve approves another 0.75-point rate hike
Chip Somodevilla/Getty Images (WASHINGTON) — The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.75% to slow key areas of the economy and tame inflation, which is at a 40-year high. The central
CBS, Les Moonves to pay $30M in deal with NY attorney general over sexual misconduct claims
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — CBS and its senior leadership knew about multiple allegations of sexual assault against former chief executive Les Moonves but intentionally concealed them from shareholders, regulators and the public,
Do you recognize these men? Call Napoleon Township police at 517-536-4487
Napoleon, Mich. — A retail fraud incident occurred late Sunday afternoon at B&B Hardware in Napoleon Township, and police are currently looking for more information about the two men involved. Security cameras captured an image of both
CVS agrees to $5 billion opioid settlement
Paul Weaver/SOPA Images/LightRocket via Getty Images (NEW YORK) — CVS Health on Wednesday said it had agreed to a $5 billion settlement designed to “substantially resolve” opioid lawsuits against the pharmacy chain. “We are pleased to resolve
North and South Korea test missiles off coasts, raising tensions
omersukrugoksu/Getty Images (SEOUL, South Korea) — Tensions rose in the Korean Peninsula while the two Koreas test-fired missiles one after another in a series of tit-for-tat moves on Wednesday. North Korea fired four short-range ballistic missiles at
Fed expected to impose another major rate hike, intensifying inflation fight
Bloomberg Creative/Getty Images (WASHINGTON) — Economists expect another jumbo-sized increase in borrowing costs when the Federal Reserve announces its interest rate decision on Wednesday. Mounting evidence suggests that previous rate hikes have slowed key areas of the
Who is Lula? Winner of Brazil's presidential election
Daniel Munoz/VIEWpress/Corbis via Getty Images (NEW YORK) — Brazil’s voters on Sunday chose a new president: Luiz Inácio Lula da Silva, known by the name Lula. Lula narrowly beat out Jair Bolsonaro, the incumbent far-right president who
US citizen imprisoned in Saudi Arabia over tweets
WIN-Initiative/Neleman/Getty Images (NEW YORK) — U.S. citizen and Florida resident Saad Ibrahim Almadi was arrested for a series of tweets he published that were critical of Saudi Arabia while visiting family in the Kingdom last November. His
Scoreboard roundup — 11/1/22
iStock (NEW YORK) — Here are the scores from Tuesday’s sports events: MAJOR LEAGUE BASEBALL PLAYOFFS Philadelphia 7, Houston 0 NATIONAL BASKETBALL ASSOCIATION Chicago 108, Brooklyn 99 Miami 116, Golden State 109 Oklahoma City 116, Orlando 108