The rate hike, which is the largest since 1994, is an effort to stave off inflation and slow the economy.
The rate hike, which is the largest since 1994, is an effort to stave off inflation and slow the economy.
Virginia police say a "hero citizen" helped prevent a mass shooting allegedly planned at a Fourth of July celebration in Richmond. News of the thwarted attack comes after seven people were killed and dozens more injured in a mass shooting at a July Fourth parade in a Chicago suburb on Monday. "There is no telling how many lives this hero citizen saved from one phone call," Richmond Police Chief Gerald Smith told reporters Wednesday.
Lorena Rebollar Sedano has attended the Highland Park, Illinois, Fourth of July parade for 28 years, but this year's festivities turned to terror when Sedano and her family were caught in the crossfire after a gunman opened fire during Monday's celebration. Sedano told ABC News that she and her family immediately rushed to a nearby store for safety. When she got inside and collected herself, Sedano soon realized that she was hit.
Speaking alongside his British counterpart in London on Wednesday, FBI Director Christopher Wray called China the "biggest long-term threat" to both the U.S. and the U.K. "The Chinese government is set on stealing your technology -- whatever it is that makes your industry tick -- and using it to undercut your business and dominate your market," Wray said while giving remarks to international business leaders. Wray also warned of potential tactics by Chinese officials, saying they steal technology by using intelligence officers to "target" valuable pieces of information and companies.
Jerry Harris, a former star of the popular Netflix docuseries "Cheer," was sentenced Wednesday to 12 years in prison after pleading guilty to sex crime charges earlier this year. Harris, 22, of Naperville, Illinois, pleaded guilty in February to receiving child pornography and engaging in interstate travel for the purpose of engaging in illicit sexual conduct with a minor under the age of 15. Harris faced several other sexual misconduct charges.
The 21-year-old suspect in the mass shooting at a Fourth of July parade in suburban Chicago that left seven dead and more than 30 wounded is an aspiring rapper with an apparent trail of violent social media posts that investigators are combing through. Multiple law enforcement officers detained Robert "Bobby" Crimo III at gunpoint following a car chase hours after Monday's massacre in the North Shore town of Highland Park. Investigators are poring over social media posts on numerous platforms, including Instagram, Snapchat, Twitter, TikTok, YouTube and Discord, which they believe are associated with Crimo.
There were several missed opportunities to stop the massacre at Robb Elementary School before it started, according to a new assessment of the law enforcement response, which provided new details and laid out a number of "key issues" with the way police handled the shooting in Uvalde, Texas, last month. Among the report's findings: A Uvalde City Police officer armed with a rifle spotted the suspected shooter before he entered the school and had him in his gun sights, but he waited for permission from a supervisor, giving the suspect the chance to enter the school. "In this instance, the [Uvalde] officer would have heard gunshots and/or reports of gunshots and observed an individual approaching the school building armed with a rifle," said the assessment.
The parents of a young child were two of the victims in the mass shooting at a Fourth of July parade in Highland Park, Illinois. Irina McCarthy, 35, and Kevin McCarthy, 37, were among the seven people killed during Monday's massacre, Highland Park City Manager Ghida Neukrich told ABC News. The couple leaves behind their 2-year-old son, Aiden McCarthy, who was separated from his parents during the shooting.
The order takes several steps to defend the existing services in North Carolina, including to state that patients who receive abortions or providers who perform abortions will not be penalized or criminalized for providing, receiving or inquiring about reproductive health care services. The executive action comes almost two weeks after the U.S. Supreme Court voted to overturn Roe v. Wade, which had guaranteed the right to abortion for almost 50 years. Cooper's order establishes that all cabinet agencies, or those who are part of the governor’s office, “should coordinate with each other and pursue opportunities to protect people or entities who are providing, assisting, seeking or obtaining lawful reproductive health care services in North Carolina.”
The trailer, which dropped Wednesday, features a star-studded cast with Christian Bale, John David Washington and Robbie starring as the main characters. While Grammy winner Swift isn't shown much in this first "Amsterdam" trailer, fans will catch a brief glimpse of her toward the end of the two-minute video, looking richly dressed and distraught. "Amsterdam," a 20th Century Studios film, also stars Robert De Niro, Mike Myers, Anya Taylor-Joy, Chris Rock, Rami Malek and Zoe Saldaña.
Rihanna is now officially the youngest self-made billionaire, according to Forbes. For its annual list of the country's richest self-made women, which debuted in June, Forbes named the Fenty Beauty founder the youngest self-made billionaire woman, a title previously given to reality star and businesswoman Kylie Jenner. Jenner, then 21, was named the youngest-ever self-made billionaire in 2019 -- surpassing Facebook founder Mark Zuckerberg, who won the title at 23 -- but Forbes later revoked that title, releasing an article claiming that the reality star and beauty business owner's billionaire status and financial documents, on which her title relied, had been skewed.
Senate Democrats have reached agreement on a key portion of a revised domestic policy bill, once known as Build Back Better, which would allow Medicare to negotiate prescription drug prices, according to a source familiar with the matter. Democrats have worked for years to give Medicare this power, always falling short in the face of GOP opposition, but this time they hope to move it forward as part of a broader, as-yet-unfinished economic package, anxious to provide relief to voters buffeted to tackle sky-high inflation and a possible recession. Since centrist Democrat Joe Manchin of West Virginia abruptly scuttled President Joe Biden's signature domestic agenda proposal last December over fears of rising inflation -- surprising the White House and his party by announcing his decision on Fox News -- he has been working intensely behind the scenes with Senate Majority Leader Chuck Schumer on a smaller bill that would still advance under special rules that require a mere simple majority -- or in this case just Democratic votes -- for final passage, with Vice President Kamala Harris breaking an expected tie.
The Fulton County special grand jury investigating possible criminal interference in Georgia's 2020 elections issued subpoenas Tuesday for Rudy Giuliani, Sen. Lindsey Graham, R-S.C., and several others in former President Donald Trump's orbit. Others who were issued subpoenas include John Eastman, Cleta Mitchell, Kenneth Chesbro and Jenna Ellis, all of whom advised Trump on ways to overturn President Joe Biden's win in Georgia.
Amber Smith, the wife of country music star Granger Smith, is opening up about grief, living with loss and water safety three years after her son River died following a drowning accident. In 2019, the Smith family were outside their home when River, who was 3 at the time, slipped through their home pool gate and went into the water. Smith said in the years since, grief has been a "messy" yet "hopeful" journey for both her and her family.
Eric Holder has been convicted of first-degree murder in the fatal shooting of rapper Nipsey Hussle. Aaron Jansen, Holder's attorney, told ABC News that there was "deep disappointment" about the conviction. "It was always going to be tough given the high profile circumstances surrounding the case," Jansen said.
White House communications director Kate Bedingfield plans to depart in late July, according to administration officials. Bedingfield is a longtime top aide to President Joe Biden: She was his communications director when he served as vice president under Barack Obama and became his deputy campaign manager for communications during his winning bid for president in 2020.
This certainly seems to be the case for Kanye West and his eldest daughter North West. While attending Haute Couture Fashion Week in Paris, North was spotted wearing an iconic blue and red varsity jacket, blue-rimmed shades, black pants and Balenciaga Crocs stompers. The Pastelle jacket is from a fashion line that Kanye launched in 2004, which never officially got off the ground.
The professional football fate of an NFL star quarterback is set to be determined this week amid sexual misconduct allegations. A three-day internal disciplinary hearing was held for Cleveland Brown quarterback Deshaun Watson, who could face up to a season-long suspension from the league, after he was accused of sexual assault by nearly two dozen women. Last month, Watson reached a settlement in 20 of the 24 lawsuits filed by women who accused Watson of sexual assault and harassment while he played for the Houston Texans.
A 16-year-old boy is being hailed as a hero after he helped rescue four people when a car drove off a boat launch and into a Mississippi river. The incident happened Sunday at around 2:30 a.m., when the car, which had three teenage girls inside, drove into the Pascagoula River in Moss Point, floated about 20 feet away from shore and started sinking, the Moss Point Police Department said in a statement. Corion Evans, 16, said he immediately ran over, took off his shoes and shirt and went into the water when he saw the car sinking and heard the three occupants shouting for help.
Prince William and Kate were spotted on Wednesday at a charity polo match with a special guest in tow: their dog Orla. The royal pup was seen with the Duke and Duchess of Cambridge at the Royal Charity Polo Cup 2022, which was held at Guards Polo Club in Egham, England. Orla is the royal couple's second dog.
Popular e-cigarette manufacturer Juul Labs, Inc. has been left in limbo after the U.S. Food and Drug Administration said it is temporarily pausing a ban on the company’s products. The federal health agency announced Tuesday on Twitter that it was issuing an administrative stay because "there are scientific issues unique to the Juul application that warrant additional review." This means the ban of Juul’s products is temporarily suspended, not rescinded.