Today's Headlines: The Fed, Still Inflation-Focused, Raised Rates Amid Bank Uncertainty

Michael Cohen's Long Arc From Trump Ally to Chief Antagonist
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Thursday, March 23, 2023

Top News

The Fed, Still Inflation-Focused, Raised Rates Amid Bank Uncertainty

The Fed, Still Inflation-Focused, Raised Rates Amid Bank Uncertainty

By Jeanna Smialek

Federal Reserve officials raised interest rates by a quarter-point while they noted that bank turmoil could help slow the economy.

Michael Cohen's Long Arc From Trump Ally to Chief Antagonist

Michael Cohen's Long Arc From Trump Ally to Chief Antagonist

By Maggie Haberman, Ben Protess and Jonah E. Bromwich

He once said he would take a bullet for Donald Trump. Now, he's hoping to help prosecutors put him away.

In a Brother Act With Putin, Xi Reveals China's Fear of Containment

News analysis

In a Brother Act With Putin, Xi Reveals China's Fear of Containment

By Chris Buckley

Instead of focusing on a solution to the war in Ukraine, the Chinese leader's visit to Moscow reinforced China and Russia's shared opposition to American dominance.

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Editors' Picks

Geothermal Power, Cheap and Clean, Could Help Run Japan. So Why Doesn't It?

Climate

Geothermal Power, Cheap and Clean, Could Help Run Japan. So Why Doesn't It?

By Hiroko Tabuchi and Chang W. Lee

For decades, new plants have been blocked by powerful local interests, the owners of hot spring resorts, that say the sites threaten a centuries-old tradition.

Is Working From Home Really Working?

Opinion | Guest Essay

Is Working From Home Really Working?

By Steven Rattner

The attitude of many Americans toward their jobs appears to have changed during the long pandemic — and not for the better.

Today's Videos

2 School Administrators Shot by a Student in Denver

Video Video: 2 School Administrators Shot by a Student in Denver

By The Associated Press

The shooting happened when the two administrators were patting down the student in an office area separate from other students and found a gun, the police said.

Video Video: 'Respect Us': Los Angeles School Workers Call for Better Wages

By The Associated Press

Tens of thousands of teachers' aides, bus drivers and other school employees protested on the second day of a three-day strike.

Fed Raises Interest Rates a Quarter of a Point

Video Video: Fed Raises Interest Rates a Quarter of a Point

By The New York Times

Jerome H. Powell said that the Federal Reserve raised interest rates to combat inflation amid turmoil in the banking system.

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