Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate increase next week, according to market pricing and many Wall Street experts. Rate expectations have been on a rapidly swinging pendulum over the past two weeks, varying from a half-pointContinue Reading

Russian President Vladimir Putin and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on Feb. 4, 2022 Alexei Druzhinn/Sputnik/AFP via Getty Images hide caption toggle caption Alexei Druzhinn/Sputnik/AFP via Getty Images Russian President Vladimir Putin and Chinese President Xi Jinping pose for a photograph duringContinue Reading

Federal Reserve Chair Jerome H. Powell testifies before a House Financial Services hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, U.S., March 8, 2023. Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell’s prepared speech this week to Congress took just a few minutes,Continue Reading

Buffalo Bills safety Damar Hamlin has been discharged from a Cincinnati hospital one week after suffering a cardiac arrest during an NFL game. He will continue his recovery at a hospital in Buffalo, doctors said. The 24-year-old, who had to be resuscitated on the pitch, was released from University ofContinue Reading