Federal Reserve raises interest rates another 0.25% to highest since … – Yahoo Finance

The Federal Reserve raised short-term interest rates Wednesday by a quarter percentage point, bringing its benchmark rate to a new range of 4.50% and 4.75%, the highest level since October 2007.In its statement on Wednesday, the central bank acknowledged the slowdown in inflation as the Fed continues to assess the impact its interest rate hikes … Read more

Fishermen clinging to esky rescued off Albany in southern Western Australia after boat capsizes – ABC News

Fishermen clinging to esky rescued off Albany in southern Western Australia after boat capsizesThree men clinging to an esky have been rescued off the "perilous" Western Australia south coast.The men were fishing near Eclipse Island off the Albany coast when their vessel capsized in heavy seas and started to sink this morning.They ended up in the … Read more