Today's Top Story
America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year Read More
Business News
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Oil prices are high but could be much worse. Trump has China's Xi to thank for that
President Donald Trump’s conflict with Iran has not led to the doomsday oil price spike many feared at the start of the war
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Even as trading and markets moved faster, Warren Buffett made patience profitable and cool
Even in the age of algorithms, short attention spans and TikTok teases, Warren Buffett continued to profit with his patient bargain-hunting approach while offering folksy advice on investing and life
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Lawsuit says Anthropic, OpenAI, SpaceXAI and Google made illegal agreement on AI slowdown
A new lawsuit claims that Anthropic, OpenAI, SpaceXAI and Google illegally agreed to slow their AI development
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Economic News
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Wall Street week ahead: housing market, unemployment updates
Wall Street will get a key update this week on the U.S. housing market, along with an unemployment update
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America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year
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Bolivia approves $1.9 billion IMF deal, eliminates diesel subsidies
Bolivia’s conservative government has won congressional backing for an international loan and moved to end diesel subsidies, risking political backlash
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Money News
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College sports bill inches ahead in the Senate even as Congress punts other issues
Congress has struggled to pass major legislation this year, putting off debates on spending, defense, cryptocurrency and artificial intelligence
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Florida woman pleads guilty to defrauding fund for Jeffrey Epstein victims
A Florida woman who was paid $750,000 by a fund for people sexually abused by Jeffrey Epstein has pleaded guilty to falsifying records she used in her application for the money
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Senate blocks cryptocurrency regulation as Democrats push back on Trump investments
Senate Democrats have blocked legislation to create a new regulatory framework for cryptocurrency
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