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Federal Reserve Chair Jerome Powell is set to answer questions at a news conference after the rate-decision announcement. WASHINGTON—The Federal Reserve approved another quarter-percentage-point interest-rate rise and signaled it could be done lifting rates after that. The decision Wednesday marked the Fed’s tenth consecutive rate increase aimed at battling inflation and will bring its

The Federal Reserve on Wednesday announced plans to accelerate the wind down of pandemic-era stimulus for the U.S. economy and penciled in at least three interest rate hikes next year as policymakers seek to combat the hottest inflation in four decades.

The Federal Open Market Committee said at the conclusion of its two-day policy-setting meeting this week that it would double the

The Department of Education (DOE) concluded an investigation into a Georgia school district Friday, arguing that the removal of several books containing pornographic material “created a hostile environment” for LGBTQ and non-white authors and readers, according to a letter. The DOE’s Office of Civil Rights launched an investigation into the Forsyth County School District (FCSD) after a

MONTGOMERY, Ala. (WSFA) - Alabama’s already historically low unemployment rate has dropped yet again, dipping from 2.3% in March to 2.2% in April, Gov. Kay Ivey’s office confirmed Friday. “Yet again, we see the resiliency of our state’s workforce. When Alabama works, Alabama families thrive and records are broken time and time again,” Ivey said. “We have a quick growing economy, and we are