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PBS News Hour

How long will the Fed have to "fiddle" with interest rates?

Money manager turned country crooner Merle Hazard has made a name for himself singing about fiscal policy. His latest tune considers whether the Federal Reserve will raise interest rates -- and according to one of the world’s leading investment experts, it’s brilliant, especially since the nation’s economic future hinges on the central bank’s decision. Economics correspondent Paul Solman reports.

California News
‘Do You Want Help?’: Inside Orange County’s Bet on Voluntary Mental Health Care
‘Do You Want Help?’: Inside Orange County’s Bet on Voluntary Mental Health Care
While the 2022 law gives judges authority to force people into treatment, Orange County decided early on that its program would be utterly voluntary, leaning on the tenets of relentless outreach to coax, rather than coerce, people into care.
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Zohran Mamdani jolted progressives. Can California candidates replicate his success?
Zohran Mamdani jolted progressives. Can California candidates replicate his success?
For California progressives, Zohran Mamdani’s New York City mayoral bid offers something of a formula to follow.
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A new invader threatens California water supplies. Can the state stop its spread?
A new invader threatens California water supplies. Can the state stop its spread?
Officials are shoring up water systems infiltrated by the golden mussel. Dogs and human inspectors are checking boats at some lakes, but a patchwork of oversight leaves many lakes unprotected. “There’s just too many boats and too many people out there,” one warden said.
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Homelessness in LA region dropped for the second time in two years, according to annual count
Homelessness in LA region dropped for the second time in two years, according to annual count
Los Angeles County’s unhoused population declined slightly for the second year in a row, according to authorities responsible for the region’s annual point-in-time homeless count.
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