Economy July 27, 2022 4:00 pm Federal Reserve Raises Interest Rate by 0.75% in Bid to Curb Inflation The Federal Reserve announced Wednesday that they have raised the benchmark interest rate by 0.75% to curb high inflation. US & World Videos 17:01 Chris Pine and Kelly Clarkson answer personal questions in ‘saucy' new game 2:41 Kyle Richards panics as rat crawls on her car and traps her inside in hilarious video 8:10 Letitia Wright reveals her dream cast for potential ‘Black Panther 3' (exclusive) 3:00 Lisa Vanderpump on future of ‘Vanderpump Rules' amid hiatus 3:59 Samantha Harris on new podcast, ‘Your Healthiest Healthy'