The Federal Reserve meeting; rate hike expected on Wednesday

OAN Newsroom
2:20 PM – Tuesday, May 2nd, 2023

The Federal Reserve is about to make its next move by announcing another rate increase on May 3rd.

Russell Stone, CEO and owner of Scranton Financial joins OAN’s Alicia Summers to discuss what does this mean for your pocket book.

WASHINGTON, DC - MAY 25: U.S. President Joe Biden announces his intent to nominate Gen. Charles Q. Brown, Jr. to serve as the next Chairman of the Joint Chiefs of Staff during an event in the Rose Garden of the White House May 25, 2023 in Washington, DC. Brown is currently serving as the U.S. Air Force Chief of Staff. If confirmed by the Senate, Brown would be the second African-American man, after Colin Powell, to hold the position of Chairman of the Joint Chiefs of Staff, the most senior military adviser to the president. (Photo by Kevin Dietsch/Getty Images)

Biden announces his pick for the new chairman of the joint chiefs of staff

President Joe Biden nominates General Charles Q. Brown, the nation’s current Air Force Chief of Staff to be the new chairman of the Joints Chiefs of Staff. One America’s Madison Colbern has more.

JERUSALEM, ISRAEL - APRIL 27: Florida Gov. Ron DeSantis gives a speech during the Jerusalem Post conference at the Museum of Tolerance on April 27, 2023 in Jerusalem, Israel. Ron DeSantis, the Republican governor of Florida and an anticipated US presidential candidate, has been visiting several countries as part of a trade delegation. (Photo by Amir Levy/Getty Images)

Fla. Gov. Desantis speaks at home school convention

Governor Ron Desantis talks up his education policies, ahead of his 2024 presidential campaign. One America’s Nathaniel Mannor has more on the story.

Brooklyn Borough President and New York City mayoral candidate Eric Adams (C) speaks to the media alongside other local and law enforcement officials outside the West Wing of the White House in Washington, DC, July 12, 2021, after attending a meeting with US President Joe Biden about reducing gun violence. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

NYC residents: ‘We’re put last’

New York City Mayor Eric Adams says 50% of NYC hotel rooms are filled by illegal immigrants. One America’s Caitlin Sinclair has more.

Alicia Summers speaks with a financial expert about the debt ceiling debacle and other top economic stories

The debt ceiling debate has really come down to one thing, spending. House speaker McCarthy says they’re close but no deal yet.

China deletes 1.4 million social media posts in crack down on ‘self-media’ accounts

By Eduardo Baptista BEIJING (Reuters) – China’s cyberspace regulator said 1.4 million social media posts have been deleted following a two-month probe…