The Fed may have to blow up the economy to get inflation under control

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The Federal Reserve is most likely going to raise interest rates by three quarters of a percentage point again on Wednesday, its fourth straight supersized hike. And it’s still possible another rate increase of that magnitude could come in December.
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October 30, 2022 at 06:27PM
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Stellantis’ joint venture in China is filing for bankruptcy

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Stellantis said that shareholders of its loss-making joint venture producing Jeep vehicles in China have approved it to file for bankruptcy.
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October 30, 2022 at 06:27PM
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4 dead following domestic dispute in Aurora, Colorado home, police say

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Four people, including one woman and three men, were fatally shot in an Aurora, Colorado home early Sunday morning in a domestic dispute, Aurora Police Chief Daniel John Oats said in a news conference.
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October 30, 2022 at 04:27PM
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Former California police officer involved in the fatal shooting of Tyrell Wilson won’t be charged

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A former northern California police officer imprisoned in connection with one fatal shooting will not be charged for a second fatal shooting which led to the death of Tyrell Wilson, a 32-year-old Black man, the Contra Costa District Attorney’s Office announced Friday.
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October 30, 2022 at 11:27AM
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One person is dead and eight more injured in a Florida shooting

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At least one person is dead and eight more were injured in an overnight shooting in Tallahassee, Florida on Saturday.
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October 30, 2022 at 08:27AM
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Top US cyber official says there’s no ‘specific’ threat to elections, but is concerned about harassment and intimidation

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There are no “specific or credible” threats to disrupt election infrastructure in this year’s midterm contests, one of the nation’s top cybersecurity officials said Sunday, even as the federal government remains concerned about attempts — both online and in-person — to interfere in the vote.
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October 30, 2022 at 08:27AM
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One year and $10 billion later, Metaverse still hasn’t clicked

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Even by Facebook’s standards, 2021 was a rough year.
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October 30, 2022 at 08:27AM
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‘We can walk and chew gum at the same time’: Cheri Beasley vows to fight inflation and for abortion rights

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Cheri Beasley, the Democratic nominee for US Senate in North Carolina, said Sunday her state needed a senator “who’s going to fight hard to lower costs” but avoided a question over whether she was satisfied with how President Joe Biden and national Democrats have handled inflation.
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October 30, 2022 at 07:27AM
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Juan Ciscomani makes his play in Arizona as Republicans look to expand their Hispanic ranks

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Juan Ciscomani enthusiastically bounds toward potential voters, introducing himself by announcing that he is running for Congress.
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October 30, 2022 at 05:27AM
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Supreme Court considers Harvard and University of North Carolina’s use of affirmative action. Here’s what you need to know

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The conservative Supreme Court will meet Monday to consider whether colleges and universities can continue to take race into consideration as a factor in admissions, a case that could diminish the number of Black and Hispanic students in higher education.
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October 30, 2022 at 04:27AM
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