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News Source : CNN

After the Fed’s latest move, how come you’re still not getting a higher rate on your bank savings?

Interest rates are higher (again), courtesy of the Federal Reserve, which hiked its benchmark interest rate Wednesday, for the eighth time in a row since last March. read more...

Author: Jeanne Sahadi
Date Published: Wednesday 1st of February 2023

Philadelphia Eagles player indicted on rape charges in Ohio

A player for the NFL's Philadelphia Eagles has been indicted on rape charges in Ohio, according to an indictment announced Wednesday by the Ohio Attorney General's Office. read more...

Author: Laura Ly
Date Published: Wednesday 1st of February 2023

Live updates: Tyre Nichols' funeral service and livestream in Memphis

The funeral service for Tyre Nichols will take place at the Mississippi Boulevard Christian Church Wednesday. Rev. Al Sharpton is expected to deliver the eulogy. Follow for live updates. read more...

Author: By <a href="/profiles/elise-hammond">Elise Hammond</a>, <a href="/profiles/maureen-chowdhury">Maureen Chowdhury</a> and Tori B. Powell, CNN
Date Published: Wednesday 1st of February 2023

'I'm asking the questions': Sciutto pushes back on GOP lawmaker over debt ceiling | CNN Politics

Rep. Dusty Johnson (R-SD) joins CNN's Jim Sciutto to discuss the fight to raise the national debt limit as the White House and the new House GOP majority are at odds over how to resolve the critical issue. read more...

Author: Unknown
Date Published: Wednesday 1st of February 2023

Opinion: Here’s when the Fed could start cutting interest rates

Steven Kamin writes that the Fed's slowing in the pace of monetary tightening would likely mean that its rate hikes will soon be coming to an end. That would be great news for the economy, and a smart move for a few different reasons. read more...

Author: Steven Kamin
Date Published: Wednesday 1st of February 2023

Fighting Wagner is like a ‘zombie movie’ says Ukrainian soldier

Southwest of the city of Bakhmut, Ukrainian soldiers Andriy and Borisych live in a candle-lit bunker cut into the frozen earth. For several weeks they have been confronting hundreds of fighters belonging to the Russian private military contractor Wagner throw… read more...

Author: Tim Lister, Frederik Pleitgen, Konstantin Hak
Date Published: Wednesday 1st of February 2023

Fed approves smallest rate hike since March, in nod to improved inflation outlook

The Federal Reserve unanimously approved a quarter-point interest rate hike Wednesday, slowing the pace of its increases in a clear sign that the central bank is seeing progress in its fierce battle with inflation. read more...

Author: Nicole Goodkind
Date Published: Wednesday 1st of February 2023

Dow and S&P 500 updates: Stock market news

The Federal Reserve is widely expected to raise rates by a quarter percentage point at the conclusion of its two-day Open Markets Committee meeting at 2 pm ET. That would mark the smallest rate hike since March 2022. read more...

Author: By <a href="/profiles/paul-r-la-monica-profile">Paul R. La Monica</a>, CNN
Date Published: Wednesday 1st of February 2023

Biden and McCarthy to meet Wednesday as debt limit fight looms

President Joe Biden and House Speaker Kevin McCarthy are set to meet on Wednesday -- the first such gathering since the California Republican won the speakership after Republicans took over the House majority. read more...

Author: Clare Foran, Maegan Vazquez
Date Published: Wednesday 1st of February 2023

The US has reached its debt limit. What comes next is predictable

The US has been in debt and arguing about it for its entire existence. read more...

Author: Zachary B. Wolf
Date Published: Wednesday 18th of January 2023