Five ways the Fed's interest rate hikes will impact Americans
The Federal Reserve Bank announced a 75-basis point interest rate hike on Wednesday, a 50 percent greater increase than the central bank had initially signaled it was going to make for June. The move comes after inflation hit a new, 40-year high last week, with consumer prices reaching an 8.6 percent mantel over where they were a year ago. Fed watchers predict that the bank’s benchmark Federal Funds rate will continue to rise throughout the year, perhaps at a quicker pace than originally expected if higher prices do
Read MoreInside the contentious Trump-Biden appointee fight on the chemical safety board
The Trump-appointed head of the government’s chemical safety board is making her way to the exits amid high tensions with her colleagues, who were appointed by President Biden. The U.S. Chemical Safety and Hazard Investigation Board, commonly known as the Chemical Safety Board (CSB), has been battling over a rule governing board operations that was approved by the exiting Chair Katherine Lemos, the Trump appointee. Lemos announced her resignation a week ago Friday, but she’s not actually leaving office for weeks and the fight with her colleagues i
Read MorePartner of fallen Capitol officer Sicknick criticizes inaction from Ivanka Trump, Jared Kushner
The partner of an officer who died following the Jan. 6, 2021, insurrection placed blame on those around former President Trump, specifically Ivanka Trump and Jared Kushner, for not speaking up publicly before the Capitol attack happened. Sandra Garza, the former partner of fallen U.S. Capitol Police officer Brian Sicknick, criticized Kushner for comments he made during a recorded deposition he gave to the House select committee investigating the attack, saying that he
Read MoreDelta pilots say they’ve been flying ‘record amount of overtime’ amid flight cancellations
Pilots for Delta Air Lines wrote an open letter to customers, published on Thursday, saying the large number of recent flight delays, cancellations and cuts were "unacceptable" and they were "flying a record amount of overtime to help you get to your destination." "At the current rate, by this fall, our pilots will have flown more overtime in 2022 than in the entirety of 2018 and 2019 combined, our busiest years to date," the pilots wrote in the letter. "We empathize and share in your f
Read MoreDominion Voting Systems' lawsuit against Newsmax can proceed, judge rules
A judge in Delaware on Thursday ruled that a defamation lawsuit against Newsmax filed by Dominion Voting Systems can proceed, with the firm accusing the conservative media company of purposely spreading lies about its voting technology in the 2020 election. Judge Eric Davis in the Superior Court of Delaware denied a motion from Newsmax to dismiss the case, saying the company "knew the allegations were probably false" about the voting technology and "there were enough signs indicating the statements were not true to infer Newsmax’s intent to avoid the truth." "Given that
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