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Los Angeles County Sheriff's Department Deputy Ryan Clinkunbroomer was killed in an ambush shooting outside the Palmdale sheriff's station on Saturday. An unidentified person of interest in the homicide case has been detained, the department confirmed at about 6:15 a.m. Monday. A department news conference is scheduled for 10:30 a.m. The sheriff's department said Deputy Clinkunbroomer had just

Japan's central bank maintained its ultra-loose policy and left rates unchanged on Friday, mindful of the "extremely high uncertainties" on the growth outlook domestically and globally. In a policy statement after its September policy meeting, the Bank of Japan said it would maintain short-term interest rates at -0.1%, and cap the 10-year Japanese government bond yield around zero. At the last

The Federal Reserve on Wednesday raised interest rates another 25 basis points – or 0.25% – amid the banking crisis. “Inflation pressures continue to run high,” Fed Chair Jerome Powell said. “The process of getting inflation back down to 2% has a long way to go.” The Federal Reserve raised interest rates by a quarter of a percentage point, bringing the benchmark funds rate to 5% to 5.25%. In

Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington on March 22, 2023. (Olivier Douliery/AFP via Getty Images) The Federal Reserve raised interest rates by 25 basis points, lifting the benchmark federal funds rate to a range of 5.00 and 5.25 percent, the highest level since September 2007. The vote to raise rates by a quarter point was