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Federal Reserve raises its key rate for 11th time

The move lifted the Fed’s benchmark short-term rate from roughly 5.1% to 5.3% — its highest level since 2001.

Hunter Biden plea deal collapses after judge challenges terms

President Biden’s son pleaded not guilty to charges that he failed to pay more than $100,000 in taxes from over $1.5 million in income in both 2017 and 2018.