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Renovations continue on the Marriner S. Eccles Federal Reserve Board Building on September 19, 2022 in Washington, DC. The Federal Open Market Committee (FOMC) is set to conclude its two-day meeting on interest rates on September 21.

Fed orders another super-sized interest rate hike as it battles stubborn inflation

The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.

A couple walks down the middle of a street in the dark during a blackout in Havana, Cuba, Wednesday, Sept. 28, 2022.

Cuba remains in the dark after hurricane knocks out power grid

A million people are without electricity after Hurricane Ian struck western Cuba. It could head for Tampa and St. Petersburg next, the first direct hit on those cities in a century.

The Line is an ambitious part of Saudi Crown Prince Mohammed bin Salman's plan to diversify the kingdom's economy and remake part of its geography.

A 105-mile-long city will snake through the Saudi desert. Is that a good idea?

The futuristic, walled city in the desert will have a mirrored facade and will use renewable energy. Known as The Line, it will be taller than the Empire State Building and only about 220 yards wide.

A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' on April 29 during Christie's 20th and 21st Century Art press preview in New York City.

Art values are booming as New York auctions make billions of dollars in sales

Sotheby's, Christie's and Phillips total sales have hit more than $2.5 billion for 2022 already, led by works by Andy Warhol, Jean-Michel Basquiat and Pablo Picasso.

In this Wednesday, Sept. 26, 2018 file photo, Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington.

Fed attacks inflation with its largest rate hike since 1994

The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point.

Despite Russian missiles hitting Kharkiv on nearly a daily basis, 5 of the 18 branches of Bricks Coffee and Desserts in the city have reopened. The head of the coffee shop chain says sales are still far below pre-war levels.

Cafes opening in Kharkiv, but most large Ukrainian businesses remain shuttered

Business is clawing back in Ukraine, but it won't be anything like normal for a long time.

Travelers rest on the ground while waiting for their flights at Los Angeles International Airport on July 1. On Thursday, the U.S. Transportation Department is rolling out a new website that will allow passengers to see what they're legally entitled to when an airline cancels or significantly delays their flight.

Amid Labor Day weekend travel surge, airlines promise better customer service

Prodded by a new Transportation Department online customer service tool, airlines promise free food and hotel rooms for travelers stranded by delays and cancellations that are the airlines' fault.

In this file photo provided by South Korea Defense Ministry, U.S. Air Force B-1B bombers, F-35B stealth fighter jets and South Korean F-15K fighter jets fly over the Korean Peninsula during joint drills on Sept. 18, 2017.

North Korea launches four more missiles as U.S. flies bombers over South

North Korea launched four ballistic missiles into the sea, as the U.S sent two bombers over South Korea in a dueling display of military might that underscored rising tensions in the region.

WASHINGTON, DC - JANUARY 13: U.S. President Joe Biden arrives to give remarks on his administration's response to the surge in COVID-19 cases across the country from the South Court Auditorium in the Eisenhower Executive Office Building.

The Movement To Stick Inflation Blame On Biden

It's a bad time to be a world leader. COVID did that.

More than 1,100 members of the newsroom union at <em>The New York Times</em> say they'll participate in a day-long walkout today to protest the paper's failure to meet salary demands. They have been working without a contract for nearly two years.

'New York Times' editors hustle to prepare stories for newsroom strike

More than 1,100 of the newspaper's journalists say they'll strike Thursday over the paper's failure to meet the union's demand for pay raises.

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