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Fed attempts to tame inflation with most aggressive rate hike in 22 years

The Federal Reserve intensified its fight against the worst inflation in 40 years by raising its benchmark short-term interest rate by a half-percentage point Wednesday — its most aggressive move since 2000 — and signaling further large rate hikes to come.

Facebook, Instagram, WhatsApp suffer worldwide outage

Facebook along with its Instagram and WhatsApp platforms suffered a worldwide outage Monday that has extended more than three hours. Facebook’s internal systems used by employees also went down. Service has not yet been restored.

US adds 559K jobs as firms still struggle to fill positions

U.S. employers added a modest 559,000 jobs in May, an improvement from April’s sluggish gain but still evidence that many companies are struggling to find enough workers.