Fed raises interest rates for first time in 3 years, battling persistent inflation
WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]
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The U.S. Food and Drug Administration says it’s helping manufacturers increase the supply of estrogen-based hormonal patches and acknowledged a current nationwide shortage as more women seek hormonal therapies for symptoms related to menopause. In a release earlier this month, the FDA said it is expediting actions to increase supply, and said all six manufacturers […]
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Students ages 12 to 18 experienced higher rates of reported crime at school than away from school in 2024, according to a new federal analysis. But the overall rate of crime victimization at school has not changed significantly since 2014. The rate of total victimization, including theft and nonfatal violent crimes such as robbery, aggravated […]
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Concerned about conditions in federal immigrant detention facilities but often barred from entering them, some Democratic-led states are fighting to enforce their own health and safety standards at the sites. The Trump administration, citing the Supremacy Clause of the U.S. Constitution, argues that states don’t have the authority to regulate federal facilities. But states counter […]