The federal funds rate is the rate at which banks borrow and lend to one another. While the rates consumers pay to borrow money aren’t directly linked to this rate, shifts affect what you pay for credit cards, auto loans, mortgages, and other financial products.
AP
Sleeveless versions of the sacred undergarments worn by members of The Church of Jesus Christ of Latter-day Saints flew off the shelves on their first day available in the U.S., marking a momentous occasion for many women in the faith.
Lower rates could, over time, reduce borrowing costs for mortgages, auto loans, and credit cards, as well as for business loans.
Melissa made landfall Tuesday in Jamaica as a catastrophic Category 5 storm with top winds of 185 mph, one of the strongest Atlantic hurricanes on record, before weakening and moving on to Cuba.
The strikes, the deadliest since the ceasefire began on Oct. 10, marked the most serious challenge to the tenuous truce to date.
The slow return of hostages’ bodies is posing a challenge to implementing the next stages of the ceasefire, which will address even knottier issues.
Heavy floodwaters swept across southwestern Jamaica, winds tore roofs off buildings and boulders tumbled onto roads Tuesday as Hurricane Melissa came ashore as a catastrophic Category 5 storm
Most workers will be given 90 days to look for a new position internally, Beth Galetti, Senior Vice President of People Experience and Technology at Amazon, wrote in a letter to employees.
Freddie Freeman hit a walk-off homer in 18th inning and the Los Angeles Dodgers won World Series Game 3 over the Toronto Blue Jays after Shohei Ohtani’s historic night.
Sami Hamdi, who is Muslim, was on a speaking tour in the U.S.
He was the latest in a series of top U.S. officials to visit the center for civilian and military coordination.
Hamas has expanded its search for bodies of hostages in the Gaza Strip, the Palestinian terrorist group said Sunday.
The Federal Aviation Administration said flights departing for Los Angeles International Airport were halted Sunday due to a staffing shortage at a Southern California air traffic facility.
Lockhart, who became a mother figure for a generation of television viewers whether at home in “Lassie” or up in the stratosphere in “Lost in Space,” has died. She was 100.
Six-time Super Bowl-winning owner Robert Kraft, NFL founder Ralph Hay and former Raiders CEO Amy Trask are among the 21 contributors who advanced to the next stage for the Pro Football Hall of Fame’s Class of 2026.
