Monday, February 24, 2025
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Author Archives: Stonecom Interactive

Fed raises benchmark interest rate to 22-year high

In its ongoing effort to tamp down inflation, the Federal Reserve on Wednesday raised its key interest rate a quarter-point to 5.5%, the highest level it has been in 22 years. Carter Evans examines the impact of the Fed’s rate hikes. Source

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The story behind the “Tic Tac” UFO sighting

Retired Navy pilot David Fravor said that in 2004 off the coast of Southern California, advanced radar detected what operators called “multiple anomalous aerial vehicles” descending 80,000 feet in less than a second. Source

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Republican lawmakers react to Hunter Biden plea deal collapse

A plea agreement between federal prosecutors and Hunter Biden fell apart Wednesday. The judge refused to sign off on a deal that would have seen the president’s son enter guilty pleas to two misdemeanor tax charges and enter a diversion program in lieu of pleading guilty to a felony gun possession count. CBS News’ Catherine Herridge and Scott MacFarlane joined “America Decides” to break down what happened in the courtroom and Capitol Hill’s reaction. Source

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