Hunter Biden is scheduled to plead guilty to two tax misdemeanors at a court hearing in Delaware. The prior string of 10 consecutive increases helped drive mortgage rates to near 7% earlier this month - the highest level since November 2022. The bigger question though is whether the Fed will raise rates again at its next meeting in September in order to get them over with as soon as possible. The central bank took a pause in June after 10 straight rate hikes, but another increase has already been baked in by most economists. Blinken also will cheer on the US Women’s National Team at the FIFA Women’s World Cup.įederal Reserve policymakers will wrap up their two-day meeting on interest rates, and another hike is widely expected. Secretary of State Antony Blinken will begin a trip to Tonga, New Zealand and Australia to discuss regional security and cooperation in the Pacific region. In a career spanning eight decades, Bennett wowed Bob Hope and Frank Sinatra, performed live on MTV, had a cartoon cameo on “The Simpsons” and won 19 Grammy Awards. Legendary singer Tony Bennett, best known for “I Left My Heart in San Francisco,” died at age 96.The fire is the largest of a number of blazes in Greece, which is sweltering under a lengthy heat wave. A large wildfire tearing through the Greek island of Rhodes has forced thousands of tourists to evacuate their hotels, officials say.A 17-year-old and a female American citizen were among those killed. Authorities in Mexico say they have arrested a man suspected of intentionally setting a bar on fire after being kicked out, killing 11 people near the Arizona border in the Mexican state of Sonora.Kay Ivey approved a new congressional map with just one majority-Black district, despite a court order calling for the redrawn lines to create two majority-Black districts or “something quite close to it.” The map must now be approved by a federal court. It’s the summer’s biggest weekend at the movies, with the release of Christopher Nolan’s historical epic “Oppenheimer” and Greta Gerwig’s technicolor “Barbie.” The films have inspired a double feature craze, which could drive the best box office weekend in years.Sign up here for the ‘5 Things’ newsletter. If your day doesn’t start until you’re up to speed on the latest headlines, then let us introduce you to your new favorite morning fix.
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