The FOX Posts

Two Federal Reserve officials have suggested that the central bank may leave interest rates unchanged at its next meeting in three weeks WASHINGTON -- Two Federal Reserve officials suggested Monday that the central bank may leave interest rates unchanged at its next meeting in three weeks because a surge in long-term interest rates has made borrowing more expensive and could help cool inflation without further action by the Fed. Since late July, the yield, or rate, on the 10-year U.S. Treasury note has jumped from around 4% to about 4.8%, a 16-year high. The run-up in the yield has inflated other borrowing costs and raised the national average 30-year mortgage rate to 7.5%, according to Freddie Mac, a 23-year high. Business borrowing costs have also risen as corporate bond yields have accelerated. Philip Jefferson, vice chair of the Fed's board and a close ally of Chair Jerome Powell, said in a speech Monday to the National Association for Business Economics that he would “remain ...

Andrew Tate has been charged with rape, human trafficking and creating an organized crime group, local prosecutors said on Tuesday. Andrew Tate, the i NFL uencer detained in December by Romanian officials , has been charged with rape, human trafficking and creating an organized crime group, local prosecutors said in a statement on Tuesday. Tate faces the charges along with his brother, Tristan, another internet personality, and two women, both Romanian nationals, prosecutors said. Andrew Tate, right, and his brother Tristan, left, leave the Bucharest Tribunal, in Bucharest, Romania, Friday, April 21, 2023. Vadim Ghirda/AP The Tate brothers will "embrace the opportunity it presents to demonstrate their innocence and vindicate their reputation," a spokesperson for the siblings said. "Tate's legal team are prepared to cooperate fully with the appropriate authorities, presenting all necessary evidence to exonerate the brothers and expose any misinterpretations or fals...