Federal Reserve Announcement: Will Rates Rise or Pause?

The Fed is expected to raise borrowing costs by a quarter of a percentage point despite growing turmoil in the stocks of regional banks, which threatens to choke off credit to businesses and consumers, pushing the economy into recession. Meanwhile, the market impact of artificial intelligence is only a hint of the disruption it will cause, and Tucker Carlson's firing at Fox News last week may have been due to an inflammatory text message he sent to a producer hours after the Jan. 6 riot at the Capitol.