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FOX 2 📺

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

1 day ago
WASHINGTON (AP) — 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 Fed’s key rate to about 3.9% and, over time, could result [...]
CHRISTOPHER RUGABER, Associated Press

Missouri lawmaker challenges proposed Ameren rate hike

1 day 5 hours ago
A St. Louis County lawmaker is asking state regulators to take a closer look at Ameren Missouri’s proposed rate increase, arguing that residential customers should not be responsible for costs tied to growing electricity demand from data centers and other large users.
Kimberly Young