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Federal Reserve leaves key interest rate unchanged for fourth straight meeting

The Federal Reserve on Wednesday said that it will leave its benchmark interest rate unchanged following its June monetary policy meeting as policymakers continue to monitor inflation and labor market data amid elevated economic uncertainty.The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.It comes after the Fed left rates at that level at its three prior meetings in January, March and May. […]

todayJune 18, 2025 4

Trump-backed ‘internet money’ could drive trillion-dollar market and strengthen the dollar

Business

Trump-backed ‘internet money’ could drive trillion-dollar market and strengthen the dollar

A revolution in the cryptocurrency world may soon go mainstream, as lawmakers move to formally regulate stablecoins, a digital currency designed to maintain a fixed value. "The internet is now colliding with the financial industry and the financial system," said Circle CEO and co-founder Jeremy Allaire on "Mornings with Maria" Wednesday. "There’s an opportunity to build very significant scaled platforms and utilities in the same way that we've seen those built […]

todayJune 18, 2025 4

Schumer rips Supreme Court decision upholding state ban on transgender treatments for minors: ‘Awful’

Politics

Schumer rips Supreme Court decision upholding state ban on transgender treatments for minors: ‘Awful’

Senate Minority Leader Chuck Schumer, D-N.Y., slammed the U.S. Supreme Court's decision on Wednesday to uphold Tennessee's ban on transgender "treatments" for minors. "This Supreme Court seems to have forgotten that one of their jobs is to protect individual rights and protect individuals from being discriminated against. It's an awful decision," Schumer told reporters on Capitol Hill. Schumer accused Republicans of trying to infringe on the rights of transgender youths. SCOTUS RULES ON […]

todayJune 18, 2025 2

Illegal street takeover shuts down busy intersection with dangerous stunts, fireworks: police

Top Stories

Illegal street takeover shuts down busy intersection with dangerous stunts, fireworks: police

Police are investigating what they say was an illegal street takeover that blocked a busy intersection over the weekend with dangerous stunts and multiple fireworks in Plymouth Township, Pennsylvania.Multiple cars were caught on video "spinning uncontrollably throughout the intersection" as some passengers hung outside the vehicles before fleeing from the police on Sunday evening. "At approximately 8:03 p.m., the Plymouth Township Police Department received numerous calls regarding street racing in the […]

todayJune 18, 2025 5

Young mother thrown from boat leaves behind grieving husband, 4 children after Alabama waters tragedy

Top Stories

Young mother thrown from boat leaves behind grieving husband, 4 children after Alabama waters tragedy

A young family in Alabama is grieving after a devastating boat accident led to the death of 27-year-old Brittney Sherman.Sherman, of Wilmer, Alabama, was boating in Bayou Sara near Saraland in Mobile County on June 15 along with her husband, 30-year-old Cody Sherman, and the couple's four children.The Alabama Law Enforcement Agency (ALEA) confirmed to Fox News Digital that two boats were involved in a collision at approximately 5:50 p.m. […]

todayJune 18, 2025 5

Sotomayor warns Skrmetti decision will cause ‘untold harm’ to transgender children in scathing dissent

Politics

Sotomayor warns Skrmetti decision will cause ‘untold harm’ to transgender children in scathing dissent

Justice Sonia Sotomayor blasted six of her colleagues on the Supreme Court in a blistering dissent on Wednesday for deciding to uphold a Tennessee law banning specific transgender medical treatments for minors.Sotomayor said the 6-3 decision in United States v. Skrmetti, issued along ideological lines, improperly discriminated against minors based on their sex. The liberal justice made the atypical move to read her dissent from the bench.Sotomayor, who was appointed […]

todayJune 18, 2025 5

General Mills latest US food giant pulling artificial dyes from products

Business

General Mills latest US food giant pulling artificial dyes from products

General Mills is the latest U.S. food giant pledging to remove FD&C artificial dyes from its portfolio of products within the next two years amid calls from the Trump administration to eliminate artificial colors from the nation's food supply.For its part, the Minnesota-based food giant said it plans to remove artificial colors from all its U.S. cereals and all K-12 school foods by the summer of 2026. It will simultaneously […]

todayJune 18, 2025 6

Food Network star Anne Burrell was found ‘unconscious and unresponsive’ one day after performing improv show

Entertainment

Food Network star Anne Burrell was found ‘unconscious and unresponsive’ one day after performing improv show

More details surrounding Anne Burrell's death are emerging. On Tuesday, shortly before 8 a.m., authorities responded to a 911 call to a Brooklyn residence - one that matches Burrell's home address - about a reported cardiac arrest, the New York City Fire Department confirmed to Fox News Digital. "Upon arrival, officers observed a 55-year-old female unconscious and unresponsive," the NYPD said in a statement to Fox News Digital. "EMS responded and pronounced […]

todayJune 18, 2025 4

State senator, Indian immigrant, pulls upset in Virginia Democratic lieutenant governor’s race

Politics

State senator, Indian immigrant, pulls upset in Virginia Democratic lieutenant governor’s race

State Sen. Ghazala Hashmi, D-Chester, has won the Democratic nomination for Virginia's lieutenant governorship, according to The Associated Press. Hashmi, an immigrant from India, said on her campaign site that she is the only candidate "endorsed by both abortion rights groups and labor."Hashmi was locked in a close race with the top two contenders, former Green Bay Packers safety Aaron Rouse and ex-Richmond Mayor Levar Stoney. Hashmi will face GOP nominee […]

todayJune 18, 2025 4