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Federal Reserve Jerome Powell

Consumer Alerts

Federal Reserve keeps interest rates unchanged at near-zero

WASHINGTON (UPI) -- The Federal Reserve on Wednesday held steady on its benchmark lending rate, leaving it near zero and warning that an increase could be coming as the economy rebounds from the COVID-19 pandemic. The Federal Open Market Committee concluded its two-day meeting with a statement saying interest rates will remain at 0% to 0.25%, the same level since March 2020, the beginning of the economic downturn. The statement said the status of the U.S. economy continues to depend […]

todaySeptember 22, 2021 33

Joe Biden

National

President Joe Biden withdraws nomination of David Chipman as ATF chief

WASHINGTON (UPI) -- President Joe Biden on Thursday withdrew his nomination of David Chipman to serve as head of the Bureau of Alcohol, Tobacco, Firearms, and Explosives. Biden blamed Republicans in Congress for blocking Chipman's confirmation. "Unfortunately, Republicans in Congress have made clear that they intend to use gun crime as a political talking point instead of taking serious steps to address it," he said in a statement. Chipman issued a statement to CNN saying he was honored to be […]

todaySeptember 9, 2021 64

QAnon Shaman Capitol riot

National

‘QAnon shaman’ expected to plead guilty to Capitol riot charges

WASHINGTON (UPI) -- An accused Capitol rioter known as the "QAnon shaman" is set to plead guilty in his criminal case related to the insurrection, according to a court filing released Thursday. Jacob Chansley -- who also goes by the name Jake Angeli -- faces six charges related to his actions during the Jan. 6 riot but the court docket filed Thursday did not indicate which charges he is expected to plead guilty to. "The path charted by Mr. Chansley […]

todaySeptember 2, 2021 47

National

Biden administration unveils $3 billion in economic recovery grants

WASHINGTON (UPI) -- Commerce Secretary Gina Raimondo announced Thursday what is believed to be a historic $3 billion in grants to aid communities not only recover from the coronavirus pandemic but to come out of it with more jobs and a stronger economy. The program collectively called Investing in America's Communities aims to funnel funds to communities nationwide to spur new industries, create workforce training and apprenticeship programs, accelerate travel and tourism, equip indigenous communities with services such as broadband […]

todayJuly 23, 2021 29

Senate Republicans block debate on bipartisan infrastructure bill

National

Senate Republicans block debate on bipartisan infrastructure bill

WASHINGTON (UPI) -- Senate Republicans on Wednesday blocked a procedural vote to advance a massive bipartisan infrastructure bill, saying it is premature to do so while negotiators are still ironing out its details. Following through on warnings this week that Senate Majority Leader Chuck Schumer's bid to open debate on the measure is coming too soon, GOP senators mustered 49 votes to block consideration of the measure. The infrastructure bill, ultimately expected to be worth $600 billion, has been tagged […]

todayJuly 21, 2021 24

U.S. FAA TSA unruly passenger

National

FAA reports increase in unruly passenger incidents

WASHINGTON (UPI) -- Nearly 100 more incidents of unruly passenger behavior aboard U.S. airlines were recorded last week alone, the Federal Aviation Administration (FAA) said. The latest batch of incidents brought the year-to-date total of unruly passenger reports to 3,509, the agency announced in figures updated Tuesday -- 89 more than in the previous week. The vast majority of the reported incidents, 2,605, are classified by the FAA as related to the nationwide mask mandate that remains in place for […]

todayJuly 21, 2021 72

Plano, Texas

National

Six injured after house explosion in Texas

PLANO, Tex. (UPI) -- Six people were hospitalized after a home exploded in Plano, Texas, on Monday, authorities said. Plano Fire and Rescue tweeted that one person was inside the house that exploded and the other five who were injured in the blast were residents of the home next door. Three of the injured were taken to Medical Center of Plano and the three others were taken to Children's Medical Center Plano. Further information about the victims, including their conditions, […]

todayJuly 19, 2021 62

Joe Exotic

National

Court orders Joe Exotic to be re-sentenced

DENVER (UPI) -- An appeals court has ordered for Joe Exotic of Netflix's series "Tiger King" fame to be re-sentenced on Wednesday after he appealed his 22-year prison sentence as too long. Exotic, who was born Joseph Maldonado-Passage, was sentenced to 264 months' imprisonment in January 2020 when a court found him guilty of 21 charges, most stemming from wildlife charges concerning his care for big cats that he held in captivity. Two of the charges were in connection to […]

todayJuly 15, 2021 16

Cameron Kinley

Football News

DoD secretary allows Navy grad Kinley to play in NFL

WASHINGTON (UPI) -- Secretary of Defense Lloyd Austin and the Naval Academy will allow rookie cornerback Cameron Kinley to pursue a career in the NFL. Austin announced Tuesday he approved a plan by the Department of the Navy to enlist Kinley in the Inactive Ready Reserve "for the duration of his football career." The decision comes after Kinley said his request to delay his Navy commission to compete in the NFL had initially been denied. "Upon completion of his playing […]

todayJuly 6, 2021 32

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