Fed hikes rates signaling end of free money era
The Federal Reserve raised short term rates for the first time in nearly a decade, signaling a gradual return to normal levels. Markets mostly priced in the move, with the Dow up 224 points as lenders prepare for higher borrowing costs. Analysts foresee higher rates affecting mortgages and credit cards in the coming months and years.
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Federal Reserve
Fed
Sam Stovall
S&p Capital IQ
Greg McBride
Bankrate.com
McBride
Moody’s Investors Service
Moody’s
Terror Attacks in Pakistan Prompt Rage Over Government Failure
Newsline reports renewed outrage in Pakistan a year after a school massacre as attacks continue. Authorities face criticism for not curbing the violence and ensuring safety. Citizens demand accountability and stronger security measures amid ongoing unrest.
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Pakistan
Rock Hall announces inductees and omissions in 2024 class
The N W A and Chicago are named among the Rock Hall inductees for the year while Cheap Trick Steve Miller and Deep Purple are also welcomed. Janet Jackson and Nine Inch Nails appear among those who did not get in this time.
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N.W.A
Chicago
Cheap Trick
Steve Miller
Deep Purple
Janet Jackson
Nine Inch Nails
Usa Today Introductory Edition Note
USA TODAY delivers an expanded national edition with sports coverage and accessibility details. Readers are informed about regional access via newsstands subscriptions and online at usatoday.com.
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USA Today
Usatoday.com
Baltimore on Edge After Gray Mistrial
A Baltimore judge declared a hung jury in the trial of officer William Porter, tied to the Freddie Gray case. Protests followed the hung verdict, and prosecutors plan a retry in the high profile case. Rep. Elijah Cummings commented on the development.
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Baltimore
Freddie Gray
William Porter
U.S
Elijah Cummings
Molly Riley
AFP
GETTY
Baltimore City Circuit
End of Oil Ban May Stabilize Markets But Wait for Relief
Congress ends a four decade oil export ban, signaling potential global supply stability and reduced Middle East disruption risk. Analysts say near term US prices unlikely to fall, as domestic and overseas crude prices run near parity and a glut persists. The change does little to affect OPEC and offers no immediate consumer relief.
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Congress
Middle East
OPEC
USA
U.S
Tom Kloza
Oil Price Information Service
Kloza
United States
Israel
Syria
Egypt
Ferguson Near Deal With DOJ Over Police Policy
The Justice Department and Ferguson Missouri are close to a consent decree to reform policing following the fatal 2014 shooting of Michael Brown. Talks, first reported by The New York Times, aim to address racial bias and rebuild public trust in a department now under reform.
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Washington
Justice Department
Ferguson
Michael Brown
Darren Wilson
Brown
Dena Iverson
Justice
Iver
Small
New York Times
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