Nov 02 Federal Reserve unleashes another big rate hike but hints at a pullback soon By Christopher Rugaber, Associated Press It was the Fed's sixth rate hike this year — a streak that has made mortgages and other loans increasingly expensive and heightened the risk of a recession. Continue reading
Nov 02 Analysis: Why any party in power can’t do much about inflation By William Chittenden, The Conversation Many voters say inflation is the issue that matters to them most as they head to the polls. The problem is, the people they choose can’t do much about it. Continue reading
Nov 02 WATCH: Federal Reserve Chair Jerome Powell faces questions after interest rate decision By Christopher Rugaber, Associated Press The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time to fight high inflation but also hinted that it could soon reduce the size of its rate hikes. Continue reading
Nov 01 Watch 7:13 Oil companies post massive profits as consumers feel squeeze from high gas prices By William Brangham High gas prices are on the minds of Americans a week before the election. At the same time, oil and gas companies are reporting record-breaking profits. President Biden lashed out and called for a new windfall tax if companies don't… Continue watching
Nov 01 Watch 3:29 A Brief But Spectacular take on transforming trauma into activism Troy Staton is a Baltimore barber and founder of “More Than a Shop," a network of barbershops and beauty salons that organizes a host of community services from free Wi-Fi to overdose prevention training. A victim of gun violence, he… Continue watching
Nov 01 Ships carrying grain sail from Ukraine despite Russia suspending deal By Courtney Bonnell, Associated Press Ships loaded with grain are still departing Ukraine despite Russia suspending its participation in a U.N.-brokered deal that ensures safe wartime passage of critical food supplies. Continue reading
Oct 31 Watch 6:12 News Wrap: More than 150 killed in South Korea crowd surge By PBS NewsHour In our news wrap Monday, a crowd surge on a narrow city street in South Korea led to the deaths of more than 150 people, police in western India arrested nine people in connection with the collapse of a 143-year-old… Continue watching
Oct 31 Elon Musk fires Twitter board, considers major changes By Matt O'Brien, Associated Press Billionaire Elon Musk is already floating major changes for Twitter as he begins his first week as owner of the social-media platform. One proposal would make some users pay if they want to keep a blue check mark on their… Continue reading
Oct 31 Biden administration relaxes rules for student debt forgiveness By Collin Binkley, Associated Press The new rules take hold in July and are separate from President Joe Biden's sweeping student debt forgiveness plan, which has been held up in court amid a legal challenge. Continue reading
Oct 31 NYC job-seekers will soon be guaranteed salary estimates By Cora Lewis, Associated Press New York will require employers as of Nov. 1 to disclose “a good faith salary range for every job, promotion, and transfer opportunity advertised,” according to the city’s Commission on Human Rights. Continue reading