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Powell tells Congress that Fed will raise rates this month

Federal Reserve Chair Jerome Powell is sending his clearest signal to date that the Fed will begin raising rates this month in a high-stakes effort to restrain surging inflation ....

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Powell tells Congress that Fed will raise rates this month

Chair Jerome Powell said he supports a traditional quarter-point increase in the Federal Reserve’s benchmark short-term interest rate when the Fed meets later this month, rather than a larger increase that some of its policymakers have proposed ....

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Parliament fire: Most media refused entry to urgent Mafe bail hearing

The Western Cape High Court barred almost all journalists from Zandile Mafe's urgent bail application in the Western Cape High Court on Saturday. ....

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