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Day: July 27, 2023

Federal Reserve raises key interest rate to highest level in more than 20 years

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The Federal Reserve announced Wednesday it had raised its key interest rates by another 0.25 points, increasing the federal funds rate range to a 22-year high of 5.25% to 5.5%, the highest level in 22 years. This

Hunter Biden pleads not guilty to tax charges after plea deal falls apart

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President Biden’s son, Hunter Biden, pleaded not guilty to federal tax charges on Wednesday, after a plea deal fell through during the court hearing amid a dispute between the legal teams over a separate gun-related charge. Biden

NY Giants and OT Andrew Thomas agree to record-breaking $117.5M extension

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The New York Giants and left offensive tackle Andrew Thomas agreed to a record-setting 5-year, $117.5 million contract extension. The contract includes $67 million in guarantees for the 2020 first-round draft pick, the most ever for an

MLB commissioner Rob Manfred gets 4-year extension through January 2029

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On Wednesday, Major League Baseball voted to extend commissioner Rob Manfred’s contract for 4 years, which will keep him in that position through January 2029. The 64-year-old Manfred had one more season remaining on his previous contract;

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