Fed hikes interest rate to curb inflation despite banking turmoil

USA TODAY Personal Finance and Markets Reporter Elisabeth Buchwald explains the reasoning behind the Federal Reserve's latest rate hike. USA TODAY National Correspondent for Extremism and Emerging Issues Will Carless looks at a busy week for Trump and his supporters. A student opens fire at a Denver high school. Police are investigating the 2015 death of Stephen Smith as a homicide after the Murdaugh murder trial. The Supreme Court fetches a trademark battle between a dog toy and Jack Daniel's. Episode Transcript available here Also available at art19.com/shows/5-Things See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Om Podcasten

USA TODAY’s daily news podcast, The Excerpt (formerly 5 Things), brings you a curated mix of the most important headlines seven mornings a week. We also deliver special deep-dive episodes on Wednesday and Thursday afternoons on the most compelling topics in culture, entertainment, sports, politics, and more. Give us fifteen minutes a day, we'll give you all of the headlines, none of the chaos. Hosted by Taylor Wilson and Dana Taylor.