Business Highlights

___Fed attacks inflation with its largest rate hike since 1994WASHINGTON (AP) — The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly…

___Red-hot summer job market awaits US teens as employers sweatWASHINGTON (AP) — This is expected to be the best summer job market for teens in 15 years. Researchers at Drexel University’s Center for Labor Markets and Policy predicted in…

___Fed officials signal rates may head to ‘restrictive’ levelsWASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as…