Federal Reserve raises interest rates for the first time since 2023
The Federal Reserve has raised its benchmark interest rate by 0.25 percentage points, marking the first such increase since 2023. This policy shift is intended to combat resurgent inflation driven by high energy prices.
The Fed increased its benchmark rate by 0.25 percentage points to battle resurgent inflation driven by soaring energy prices.
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The House approved a resolution Wednesday holding billionaire Leon Black in contempt of Congress, referring the matter to the Department of Justice after he defied the Oversight Committee's subpoenas in its investigation into disgraced financier Jeffrey Epstein.
Sunny joined the Obamas during Barack Obama's second administration.
The 16-year-old, who has 12 goal contributions in 10 MLS games, is reportedly set to be named to the USMNT squad on Thursday