Fed approves 0.25% hike, softening rate increases again

(WASHINGTON) -- The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.25%, the central bank's second consecutive decision to slow rate increases while extending an effort to cool the economy and dial back inflation.The Fed has put forward a string of... Read More.

Fed expected to raise interest rate amid recession fears

(WASHINGTON) -- The Federal Reserve is set to announce on Wednesday whether it will impose another interest rate hike, the central bank's latest move in a months-long fight that has eased inflation but risks plunging the U.S. into a recession.The Fed has put forward... Read More.

Sam Bankman-Fried’s bond guarantors should be public, judge says

(NEW YORK) -- Sam Bankman-Fried's bond guarantors should be named publicly, a federal judge ruled Monday after news organizations objected to the names being redacted.Bankman-Fried was released on a $250 million personal recognizance bond co-signed by his parents and two other non-parental sureties.The judge... Read More.