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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Her order, which follows a months-long budget battle over tax exemptions and more recent concerns regarding the safety of AI, stops short of a moratorium on development.
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Gov. Abigail Spanberger on Friday unveiled a package of legislative proposals to rein in the data center industry in Virginia, with goals to tighten environmental regulations, increase cost allocation for the industry, and make the proposal process more transparent by barring non-disclosure agreements between localities and data center developers. The plan does not include a […]
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The search committee is seeking a replacement for Tim Sands, who in April announced his plan to step down.