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Fed hike means more expensive borrowing, but savers may rejoice

WASHINGTON (AP) — The Federal Reserve just raised the cost of money — bad news for borrowers, good news for savers. The Fed increased its benchmark interest rate Wednesday by a quarter-point, the first rate hike since the summer of 2023. The hike will likely make it even costlier to borrow for homes, autos and other purchases. But if you’ve been socking money away, you’ll probably earn a bit more interest on your savings. The increase boosts the Fed’s target rate to a range of 3.75% to 4.00%. WHY IS THE FED RAISING RATES? The short answer: inflation. Inflation has ...

Newspaper seeks nominations for Twenty Under 20 award

WARREN — The Tribune Chronicle is seeking nominations for its 14th annual Twenty Under 20 program. The newspaper will recognize 20 high-achieving individuals younger than 20 for their leadership skills through volunteerism, extracurricular activities and academic achievements. Nominees need to be a resident of Trumbull County, at least a freshman in high school and no older than 19 as of Dec. 1. Nomination forms can be acquired at local high school guidance offices or by contacting community events coordinator Sue Shafer at sshafer@tribtoday.com or 330-841-1696. Along with the ...

100 years and counting

WARREN — Attendees provided the secret for a long life at a luncheon, “Celebrating Our Centenarians,” on Friday morning at the Warren-Trumbull County Public Library. Sponsored by the Trumbull County Commissioners and organized through the Trumbull County Senior Levy office, the event ...

Range Rover has unmatched value

Even with one of its base models, the P400 Range Rover is elegant inside and out with sculptured lines making it instantly identifiable. The United Kingdom is proud of its set of wheels, tuned electronic air suspension and off-road capabilities. Range Rover is no cheap date. Trim levels ...

Protest outside Kennedy Center grows with concern over possible demolition

WASHINGTON (AP) — Thousands of people joined outside the John F. Kennedy Center for the Performing Arts Friday evening to protest President Donald Trump’s plans for the facility, lending their voices to a chorus of organizations and individuals who have been horrified that he might make good on his threat to close and tear down the storied institution. The crowd streamed in from the nearest subway stop, crowding streets in the Foggy Bottom area of Washington and locking down traffic as they walked, many carrying signs, as they joined in “Hands Around the Kennedy Center.” At one ...

Welcome to the west side

WARREN — Ashley Reilly sat on the front porch of her newly built home last week on Drexel Avenue NW with her husband, Nolan, and laughed while recalling the number of times people have driven past the home, seemingly in amazement to see her and brand new home in the neighborhood. In fact, ...