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PBS News Hour

What effect would an interest rate hike have on US wallets?

If and when the Federal Reserve Bank raises interest rates, which is widely expected, it would be the first such hike since the 2008 financial crisis. Raised rates will impact the cost of home mortgages and there will be consequences for corporations too. Eric Platt from the Financial Times joins Hari Sreenivasan with some insight to the possible raise.

California News
Local Media Can Shine A Light On Funding-Plagued Nonprofit Voices
Local Media Can Shine A Light On Funding-Plagued Nonprofit Voices
Federal support for organizations that bolster the social safety net is waning. Here’s what news sites can do
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California increased paid family leave payments. Now more parents are taking advantage
California increased paid family leave payments. Now more parents are taking advantage
More Californians are using paid family leave benefits to care for a child after a new state law that increased payments for parents went into effect in January, according to new state data.
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‘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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