Fed raises interest rates by 0.5%, warns of more increases | LiveNOW from FOX
The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. Economist Michael Szanto joins LiveNOW from FOX's Andy Mac to talk about the interest rate increase.
The Federal Reserve reinforced its inflation fight by raising its key interest rate for the seventh time this year and signaling more hikes to come. But the Fed announced a smaller hike than it had in its past four meetings at a time when inflation is showing signs of easing. The Fed boosted its benchmark rate a half-point to a range of 4.25% to 4.5%, its highest level in 15 years. Economist Michael Szanto joins LiveNOW from FOX's Andy Mac to talk about the interest rate increase.
Elderly Chicago woman robbed at gunpoint in Lincoln Park: 'This can't go on'
Another brazen robbery on Chicago's North Side was captured on surveillance video.
Another brazen robbery on Chicago's North Side was captured on surveillance video.
Robbie has been living in a dog shelter for 9 years. Can you give him a home?
“It's a shame, because he's a wonderful dog and has such a personality,” said Peter Cangelosi, Pets and Vets Founder. "For being 10 and a half, eleven years old – he's like a puppy. He has more energy than all the dogs we have here."
“It's a shame, because he's a wonderful dog and has such a personality,” said Peter Cangelosi, Pets and Vets Founder. "For being 10 and a half, eleven years old – he's like a puppy. He has more energy than all the dogs we have here."
Doctors remove lung from dog that nearly died after inhaling fungus found in soil
An Illinois family nearly lost their 3-year-old black lab after he likely inhaled a fungus living in soil around his home.
An Illinois family nearly lost their 3-year-old black lab after he likely inhaled a fungus living in soil around his home.
Dog nearly dies after losing lung from inhaling fungus found in soil
Three-year-old black lab Mocha nearly died from a blastomycosis infection after likely inhaling a fungus from the soil around his home.
Three-year-old black lab Mocha nearly died from a blastomycosis infection after likely inhaling a fungus from the soil around his home.