Federal Reserve raises interest rates by 0.25%
The Federal Reserve is expected to raise interest rates by 0.25% to help tame inflation. The announcement is expected Wednesday afternoon.
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Tracking another day in the 70s, rain overnight tomorrow
TONIGHT: Mostly clear and nice with lows in the upper 40s to around 50. TOMORROW: Mostly sunny early, increasing clouds by afternoon. Highs in the low to mid-70s. EXTENDED: We get another day to enjoy warm temperatures tomorrow before rain moves in and cools us down at the end of the week. We drop to
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Talking Taxes: Filing taxes if self-employed
For anyone self-employed or making a living from a service like Door Dash, filing your earnings can be a little tricky so what do you do?
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The Fed is targeting a soft landing. Getting it wrong means recession
By Charles Riley, CNN Business Jerome Powell is trying to hike interest rates without damaging the economy. Getting it wrong means recession, and he knows it. The chairman of the Federal Reserve said Monday that the central bank is prepared to repeatedly hike interest rates — and by 0.5 percentage points if necessary— in order
Continue ReadingMarch 16, 2022 Russia-Ukraine news
By Aditi Sangal, Adrienne Vogt, Meg Wagner, Melissa Macaya, Helen Regan, Adam Renton, George Ramsay, Ed Upright and Maureen Chowdhury, CNN The-CNN-Wire™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Continue ReadingBiden’s strategy with Putin is decades in the making
By Edward-Isaac Dovere Joe Biden always says foreign relations is about relationships, and he’s been developing the one he has with Vladimir Putin for two decades. Biden warned that Putin had dreams of rebuilding an authoritarian empire going all the way back to his days as a senator from Delaware. On the campaign trail, he
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This key indicator may determine how bad a BA.2 wave could be in the US
By Brenda Goodman and Deidre McPhillips, CNN With a new version of the Omicron coronavirus variant picking up steam in the United States, as many as 28 million seniors remain at risk of becoming severely ill from Covid-19, either because they are unvaccinated or partially vaccinated, or because it has been more than five months
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The journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in Ukraine during a live broadcast says it was “impossible to stay silent” and that she wants the world to know that many Russians are against the invasion. Marina Ovsyannikova told CNN’s Christiane Amanpour on
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The fate of Mykolaiv hangs in the balance, as Ukrainian troops dig in to defend the city
By Nick Paton Walsh, CNN The road between Kherson and Mykolaiv is sparse and ghostly. Civilians flee at high speed in one direction, as vans of grimacing troops head the other way. The fate of the key port of Mykolaiv will likely be decided along this stretch of concrete in southern Ukraine. Russian forces are
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Slovakia preliminarily agrees to send key air defense system to Ukraine
By Katie Bo Lillis, Natasha Bertrand, Jeremy Herb and Zachary Cohen, CNN Slovakia has preliminarily agreed to provide Ukraine with a key Soviet-era air defense system to help defend against Russian airstrikes, according to three sources familiar with the matter, but the US and NATO are still grappling with how to backfill that country’s own
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They thought they would be safe in the theater. Then it was bombed
By Eliza Mackintosh and Oleksandra Ochman, CNN Lviv, Ukraine (CNN) — When Serhii woke up to news reports that a bomb had flattened Mariupol’s Drama Theater, where hundreds of people had been sheltering, he couldn’t breathe. His wife and their two daughters were inside. A day before the attack, the 56-year-old editor, who lives in
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Fed Chair Jerome Powell: We won’t hesitate to raise rates to tame inflation
By Anneken Tappe, CNN Business Hindsight is 20:20, even for the Federal Reserve. The US central bank is in the midst of a “whatever it takes” moment when it comes to inflation, but if Fed officials had known how high inflation would rise, they would have changed their course on policy earlier, Fed Chairman Jerome
Continue ReadingBiden announces hundreds of millions in new security aid for Ukraine following Zelensky’s speech
By Kaitlan Collins, Kevin Liptak, Phil Mattingly, Paul LeBlanc and Maegan Vazquez, CNN President Joe Biden on Wednesday announced an additional $800 million in security assistance to Ukraine as he sought to answer his Ukrainian counterpart’s impassioned call for help and leadership delivered to Congress earlier in the day. “The world is united in our
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Tracking rainy days ahead before a beautiful weekend
Tonight: Temperatures bottom out into the upper ’40s Wednesday night with mostl cloudy skies and winds out of the southwest at 10-15 mph. Tomorrow: Temperatures top out near 70 degrees with mostly clear skies Thursday morning. By the afternoon hours, clouds start to pull in from the southwest before late evening showers finally become widespread.
Continue ReadingBiden announces hundreds of millions in new security aid for Ukraine following Zelensky’s speech
By Kaitlan Collins, Kevin Liptak, Phil Mattingly, Paul LeBlanc and Maegan Vazquez, CNN President Joe Biden on Wednesday announced an additional $800 million in security assistance to Ukraine as he sought to answer his Ukrainian counterpart’s impassioned call for help and leadership delivered to Congress earlier in the day. “The world is united in our
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Biden announces hundreds of millions in new security aid for Ukraine following Zelensky’s speech
President Joe Biden is expected to announce an additional $800 million in security assistance to Ukraine on Wednesday, a White House official told CNN, bringing the total to $1 billion announced in just the last week.
Continue Reading The journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in Ukraine during a live broadcast says it was “impossible to stay silent” and that she wants the world to know that many Russians are against the invasion. Marina Ovsyannikova told CNN’s Christiane Amanpour on
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Disney employees walk out, as ESPN and Disney+ back LGBTQ+ rights
By Frank Pallotta, CNN Business Disney employees staged a walkout Tuesday in protest of the company’s response to Florida’s controversial Parental Rights in Education law, which critics have dubbed the “Don’t Say Gay” bill. While many employees at Disney headquarters in Burbank, California, did protest, it did not appear to be a massive showing across
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4 dead after 7.4-magnitude earthquake hits coast off Japan’s Fukushima prefecture
By Emiko Jozuka, Mayumi Maruyama, Karen Smith and Brandon Miller, CNN A 7.4-magnitude earthquake hit eastern Japan late Wednesday night, killing at least four people and injuring over 100 others, and cutting power to millions of homes. One of the people who died was a man in his 60s who lived in the city of
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US drug overdose deaths reach another record high as deaths from fentanyl surge
By Deidre McPhillips, CNN Annual drug overdose deaths have reached another record high in the United States as deaths from fentanyl and other synthetic opioids surge to unprecedented levels. An estimated 105,752 people died of drug overdoses in the 12-month period ending October 2021, according to provisional data published Wednesday by the US Centers for
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