THE HILL — The Federal Reserve announced Wednesday it would hike interest rates this month at the fastest pace in nearly 30 years after a discouraging May surge in inflation. The Federal Open Market Committee (FOMC), the panel of Fed officials responsible for setting interest rates, said it would raise the bank’s baseline interest rate...
Author: Special
Markets brace for 100-point Fed rate hike as inflation roars to new high
FOX NEWS — Some Wall Street traders are betting that the Federal Reserve will take the most aggressive step in decades as it races to catch up with scorching-hot inflation. While market consensus is for a half-point interest rate hike at the Fed’s policy-setting meeting this week, the odds for a larger increase next month...
Bay scallop season opens June 15 between the Fenholloway and Suwannee rivers
The 2022 recreational bay scallop season from the Fenholloway River through the Suwannee River opens June 15 and will remain open through Labor Day (Sept. 5). This includes all state waters in Dixie County and a portion of Taylor County and includes the towns of Keaton Beach and Steinhatchee. The daily bag limit from June...
Inflation surges to new highs as soaring prices eat away at Americans’ wages under Biden admin
FOX NEWS — Inflation remained painfully high in May, with consumer prices hitting a new four-decade high that exacerbated a financial strain for millions of Americans and worsened a political crisis for President Biden. The Labor Department said Friday that the consumer price index, a broad measure of the price for everyday goods including gasoline,...
Armed man arrested near home of Supreme Court Justice Brett Kavanaugh
FOX NEWS — An armed man was arrested near the Maryland home of Supreme Court Justice Brett Kavanaugh Wednesday morning, law enforcement sources confirmed to Fox News. The suspect was carrying a gun and a knife when arrested and had made violent threats against Kavanaugh, sources said. The man’s name is being withheld at this...
Florida Gov. DeSantis signs school safety bill into law
(The Center Square) – Florida Gov. Ron DeSantis on Tuesday signed another school safety bill into law. It expands legislative action he and the legislature have taken since 2019 “to implement the recommendations of the Marjory Stoneman Douglas Public Safety Commission, while also making record investments in mental health and school safety,” he said. It...
88 arrested, 58 guns seized during ‘largest-ever’ gang takedown in California county
NTD — Authorities in Stockton, California, arrested nearly 90 people while also seizing dozens of guns in a massive multi-agency gang takedown targeting violent street gangs and a recent increase in firearm-related activities in the area. Tori Verber Salazar, the district attorney of San Joaquin County, touted the mission, dubbed “Operation Hybrid Havoc,” as the...
Meals on Wheels program needs volunteer drivers
Do you have a few hours a week to give of your time? If so, your local Meals on Wheels program could use your help. Citrus County’s Meals on Wheels Program shares the National Meals on Wheels Association of America’s goal that “no senior goes hungry.” To ensure that they can provide meals for homebound...
Local restaurant offers meal deal for local animal adopters
Citrus County Animal Services (CCAS) would like to thank Angelo’s Pizzeria for offering a meal deal for to promote adoptions. After adopting a pet from CCAS, simply visit either Angelo’s location (Hernando or Inverness) by Monday, Aug. 1, 2022, and show your adoption paperwork for $10 off any meal. For more information about pet adoptions,...
Iraqi man in Ohio charged in plot to murder former President George W. Bush
NTD — An Iraqi man living in Columbus, Ohio, has been charged by federal authorities for allegedly plotting to smuggle foreign nationals into the United States as part of a plot to assassinate former President George W. Bush. Agents from the FBI Joint Terrorism Task Force arrested Shihab Ahmed Shihab Shihab, 52, Tuesday morning. He...
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