Fed to more rapidly end pandemic-era policies amid inflation, sees 3 rate hikes in 2022
Al Drago/Bloomberg via Getty Images (WASHINGTON) — Federal Reserve officials announced Wednesday that they intend to more rapidly end pandemic-era monetary policies meant to support the economy as surging inflation casts a new shadow over the recovery.
Fire briefly trapped scores of people in Hong Kong skyscraper, injuring 13, authorities say
Chen Xuming/VCG via Getty Images (HONG KONG) — Scores of people were trapped in a Hong Kong skyscraper on Wednesday after a major fire broke out, authorities said. Flames ignited at the World Trade Centre in Hong
Five FBI officials solicited prostitutes overseas while on work trips: DOJ inspector general
YURI GRIPAS/AFP via Getty Images (WASHINGTON) — Five Federal Bureau of Investigation officials “solicited” prostitutes while on an overseas trip, the Department of Justice inspector general said in a two-page report. Four of the officials “solicited, procured,
Kroger ends COVID sick pay benefits for unvaccinated employees
Scott Olson/Getty Images (NEW YORK) — Kroger, one of the largest employers in the U.S. with 500,000 workers, announced that it will pull paid emergency COVID leave for unvaccinated employees. The grocery chain is also adding a
Congressional Democrats raise debt limit by $2.5 trillion, averting financial calamity
(WASHINGTON) — Late Tuesday night, the House voted to raise the debt ceiling by $2.5 trillion — a move that should stave off the first-ever default. All Democrats in both the Senate and House voted to raise
House votes to hold Mark Meadows in contempt of Congress over Jan. 6 probe dispute
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images (WASHINGTON) — The House voted Tuesday night to hold former President Donald Trump’s chief of staff, Mark Meadows, in contempt of Congress for defying a subpoena from the House select committee investigating
Hard Rock buys iconic Mirage hotel in Las Vegas for over $1 billion
AaronP/Bauer-Griffin/GC Images (LAS VEGAS) — Hospitality company Hard Rock International has bought The Mirage Hotel and Casino in Las Vegas from MGM Resorts International for approximately $1.08 billion, the company announced on Monday. According to a statement,
Federal judge dismisses lawsuit by Trump seeking to prevent House from releasing his tax returns
Chip Somodevilla/Getty Images (WASHINGTON) — A Trump-appointed judge has dismissed a lawsuit filed by the former president that was seeking to prevent the House Ways and Means Committee from publishing his tax returns. D.C. District Court Judge
Scoreboard roundup — 12/14/21
iStock (NEW YORK) — Here are the scores from Tuesday’s sports events: NATIONAL BASKETBALL ASSOCIATION Golden State 105, New York 96 Brooklyn 131, Toronto 129 (OT) Phoenix 111, Portland 107 (OT) Detroit at Chicago (Postponed) NATIONAL HOCKEY
New Zealand boat builders expand manufacturing to Port of Port Angeles
By Pepper Fisher PORT ANGELES – The Port of Port Angeles, Clallam County EDC and the State Department of Commerce announced that Stabicraft, an international recreational boat builder headquartered in New Zealand, has chosen to locate its