Government

Fed foresees a potential rate hike as soon as next year

The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it's concerned that high inflation pressures may persist.

US easing virus restrictions for foreign flights to America

In a major easing of pandemic travel restrictions, the U.S. said Monday it will allow foreigners to fly into the country this fall if they have vaccination proof and a negative COVID-19 test — changes replacing a hodgepodge of rules that had kept out many non-citizens and irritated allies in Europe and beyond where virus cases are lower.

Mt. San Jacinto College (MSJC) Board Approves 2021-2022 Budget

The Mt. San Jacinto College (MSJC) Board of Trustees on Thursday adopted a $136,812,753 General Fund budget for 2021-2022. The unrestricted General Fund pays for operations, materials, supplies, salaries and benefits, among other things.

Census: Relief programs staved off hardship in COVID crash

Massive government relief passed in response to the COVID-19 pandemic moved millions of Americans out of poverty last year, even as the official poverty rate increased slightly, the Census Bureau reported Tuesday.

Study: Pentagon reliance on contractors hurt US in 9/11 wars

Up to half of the $14 trillion spent by the Pentagon since 9/11 went to for-profit defense contractors, a study released Monday found. It's the latest work to argue the U.S. reliance on private corporations for war-zone duties that used to be done by troops contributed to mission failure in Afghanistan.

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