The Federal Open Market Committee (FOMC) decided to raise the federal funds interest rate this week by 25 basis points. Taken by itself, an increase in short-term interest rates by…

With the CME FedWatch Tool showing a likelihood of over 99% of a 25-bps hike in the first meeting of the year, the FOMC delivered exactly as expected, raising the…

In the second half of 2022, the price chart for XLY started to form a falling wedge pattern. This pattern or formation is characterized by two converging trendlines, BOTH moving…

The much-awaited Federal Reserve (Fed) monetary policy decision triggered volatility in financial markets. While the outcome was widely expected (i.e., Fed hiking the funds rate by 25bp), the press conference…

Ohio state lawmakers missed their deadline Wednesday for getting a measure on May ballots that would make it harder to amend the state Constitution. No action was planned on the…

The Indiana governor’s proposal for a broad expansion of county-level public health programs won its first endorsement from state legislators on Wednesday. The state Senate’s health committee voted 12-0 in…

West Virginia’s House of Delegates unanimously passed a bill Wednesday to expand the authority of the state foster care advocate to investigate allegations of abuse and neglect. Before the 100-member…

California Gov. Gavin Newsom called for more gun restrictions Wednesday, including limiting where people can carry concealed guns following a series of mass shootings that left many dead and wounded…

House Speaker Kevin McCarthy said he and President Joe Biden had a ‘very good discussion’ on how best to handle raising the debt ceiling, noting that he sees an ‘opportunity…

A high-profile former lawyer who donated big money to Democrats and hosted a fundraiser for President Biden was indicted by federal grand juries on Wednesday in two states for allegedly…