The Federal Reserve is turning to its most potent weapon to combat the highest inflation in 40 years: Boosting interest rates. On Wednesday, the central bank said it is increasing its benchmark short-term interest rate by 0.5%, marking the largest increase since 2000. The Fed’s goal is to tamp down …
Read More »Supreme Court Justice Stephen Breyer honored by Chief Justice John Roberts in final oral argument before retiring
Washington — Chief Justice John Roberts delivered Wednesday a brief, touching tribute to retiring Justice Stephen Breyer at the end of what was the final oral argument session of Breyer’s 28-year tenure on the high court. His voice breaking with emotion, Roberts noted that Breyer will retire from the Supreme …
Read More »Adjustable
With surging mortgage rates and real estate prices making it harder to buy a home, the adjustable-rate mortgage is making a comeback. Consumer interest in ARMs has been creeping up and is now at its highest level since 2019, according to data from the Mortgage Bankers Association. In the last week, more …
Read More »Juvenile arrested in death of 10
A juvenile has been arrested in connection to the death of 10-year-old Illiana “Lily” Peters in western Wisconsin, police said. The suspect was taken into custody early Tuesday evening at a home in Chippewa Falls, according to police chief Matt Kelm. “The suspect was not a stranger. The suspect was …
Read More »Florida Legislature votes to strip Disney of self
The Florida House of Representatives on Thursday gave final passage to a bill that would dissolve Walt Disney World’s private government, handing Republican Gov. Ron DeSantis a victory in his feud with the entertainment giant over its opposition to a measure that critics have dubbed the “Don’t Say Gay” law. …
Read More »March home sales fall as mortgage rates, home prices climb
Sales of previously occupied U.S. homes slowed in March to the slowest pace in nearly two years as a swift rise in mortgage rates and record-high prices discouraged would-be homebuyers. Existing home sales fell 2.7% last month from February to a seasonally adjusted annual rate of 5.77 million, the National …
Read More »Ezra Miller, star of “The Flash,” arrested in Hawaii for second time within weeks
DC Comics star Ezra Miller was arrested in Hawaii on Tuesday morning for allegedly throwing a chair that hit a 26-year-old female, according to the Hawaii Police Department. The is “The Flash” star’s second arrest in the state in less than a month. Police said that officers responded to a …
Read More »Meta testing tools to let people sell virtual goods in Horizon Worlds
Meta CEO Mark Zuckerberg wants to let people buy and sell virtual goods and services — with actual money — in the metaverse The tech billionaire on Monday said his company is testing new tools that will allow creators to earn money off of things they make that will exist …
Read More »Four suspended Secret Service employees duped in case involving federal agent impostors
Four Secret Service officials have been suspended after they were allegedly duped by two men who were accused of posing as officers and employees of the federal government. Investigators allege that Arian Taherzadeh, 40, and Haider Ali, 35, who have each been charged with false impersonation of a federal officer, …
Read More »Burger King sued by customers who claim Whopper is smaller than advertised
The Whopper may be, well, only somewhat of a whopper — at least in real life, alleges a new class action lawsuit. Four Burger King customers are suing the chain over its marketing, claiming that the company makes the burger look about 35% bigger in its advertising than it is …
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