Fed hikes interest rates again, CBS and Les Moonves ordered to pay $30.5 million, and more top news

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The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time. Here's that and more trending news.

Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio Take a look at some trending topics for today, Nov. 2:Fed rate hikeThe Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes.

Under the deal announced Wednesday by Attorney General Letitia James, the broadcast giant is required to pay $22 million to shareholders and another $6 million for sexual harassment and assault programs. Moonves will have to pay $2.5 million, all of which will benefit stockholders who the attorney general said were initially kept in the dark about the allegations.

“We want to frame things so that Thomas could be the one to issue some sort of stay or other circuit justice opinion saying Georgia is in legitimate doubt,” Chesebro wrote.

Govt-and-politics AP Biden tears into GOP, labels DeSantis ‘Trump incarnate' President Joe Biden has lashed out at Republican Florida Gov. Ron DeSantis as “Donald Trump incarnate,” zeroing in on a potential 2024 GOP presidential contender as he campaigns for Democrats facing uphill fights in next week’s midterm election. Biden’s trip to Florida on Tuesday started with remarks in Hallandale Beach, where he said he prayed that God would deliver his opponents “some enlightenment.

Healthy Aging AP Houston police seek witnesses to rapper Takeoff's killing Police say they have few leads in the fatal shooting of rapper Takeoff dead outside a private party at a downtown Houston bowling alley. They say most of the 40 people who attended the party at 810 Billiards & Bowling fled when the gunfire erupted early Tuesday. That's left investigators grasping for clues and asking for witnesses to come forward.

National News AP GOP's Cheney visits Michigan to support Democrat Slotkin bid Republican Liz Cheney visited Michigan on Tuesday to support Democratic Rep. Elissa Slotkin in her Lansing-area race against Republican Tom Barrett. The endorsement is the first time the Wyoming Republican has crossed party lines to campaign for a Democrat and comes as she considers a run for president in 2024.

 

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Federal Reserve raises interest rate by three-quarters of a pointThe Fed’s move raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years. Thanks Joe Biden. This is going to kill the economy! Thanks Brandon !
Source: FOXLA - 🏆 445. / 53 Read more »

Federal Reserve unleashes another big interest rate hike, but hints at a pullbackUPDATE: The Federal Reserve pumped up its benchmark interest rate Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes. We can all thank the 'Big Guy' for ruining the economy and destroying the dreams of low income individuals of owning a home or affording an electric vehicle. Time to impeach the demoncratic party.
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