
Federal Reserve rate hike reflects new world of sticky inflation and faster growth
WASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly high. And big tech firms are borrowing huge amounts of cash to plow into data center while the...
Read MoreNational News
- Federal Reserve rate hike reflects new world of sticky inflation and faster growth
- Ed Sheeran says situation in Gaza is catastrophic and unjustifiable as he opens concert
- Longtime AP Florida politics reporter Brendan Farrington dies at 60
- Lowriding culture celebrated in San Francisco as it receives broader recognition
- Michigan city defends itself against accusations of favoring Muslim holidays over other faiths
Federal Reserve rate hike reflects new world of sticky inflation and faster growth
WASHINGTON (AP) — President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly high. And big tech firms are borrowing huge amounts of cash to plow into data center while the...
Read MorePolitics
- Federal Reserve rate hike reflects new world of sticky inflation and faster growth
- Trump used to slam China. Heres why hes now rolling out the red carpet for Xi
- Alaskans will decide fate of ranked choice voting system after chaotic end to states primary
- Republican Mike Rogers courts Michigan Democrats and Trump voters as GOP hopes to hold the Senate
- Rising gas prices frustrate voters. Trump says its an inexpensive price to pay for the Iran war
Italy sees mosquitos spread the West Nile virus farther and longer as Europe warms
ROME (AP) — Italian health authorities see evidence that rising temperatures and longer warm seasons are helping mosquitoes spread West Nile virus across a wider area, during more months of the year. More than 650 infections have been reported in Italy so far this year, accounting for roughly half of all cases recorded in Europe, according to local health authorities. “Higher temperatures linked to climate change help mosquitoes reproduce and extend the transmission season, increasing the...
Read MoreScience News
- Italy sees mosquitos spread the West Nile virus farther and longer as Europe warms
- Meet Earths newest wild cat species, the first named in over a century
- Scientists hope deeper-rooted soybeans can withstand climate extremes and store more carbon
- Killing endangered wildlife is legal if they arent the target, new Trump rule says
- The Iran war is driving clean energy development. Its not enough to help the planet, yet

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