Portugal mourns as a massive fire rips through a forest, killing at least 62

A forest fire raging since Saturday in central Portugal has killed at least 62 people, a government official said on Sunday, in what is possibly the deadliest-ever single forest blaze in Portugal. The death toll released by Jorge Gomes, the secretary of state for...

An economist breaks down why the Fed should have ‘erred on the side of caution’ with its rate hike

After nearly years of crisis-era zero interest rates, this week the Federal Reserve raised its key interest rate for the second time in just three months. After last week’s quarter point rate hike, the Fed Funds Target Rate now stands at 1.25 percent, which is...