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Former MoDOT supervisor charged for $80,000 fraud scheme

5 hours 45 minutes ago
A former Missouri Department of Transportation supervisor has been indicted on federal fraud charges and accused of using state-issued credit cards to make about $50,000 in personal purchases for watches, clothes, cologne, and accessories for his vehicles.
Alex Barton

Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut

7 hours 37 minutes ago
WASHINGTON (AP) โ€” The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year. The quarter-point increase lifts the Fedโ€™s key rate to about 3.9% and, over time, could result [...]
CHRISTOPHER RUGABER, Associated Press