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Business Highlights: Powell testimony; Stocks tumble 03/07/2023 04:33pm • ___ Powell signals increased rate hikes if economy stays strong WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy, Chair Jerome Powell says Powell signals increased rate hikes if economy stays strong 03/07/2023 03:30pm • WASHINGTON (AP) — The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence continues to point to a robust economy and persistently high inflation, Chair Jerome Powell told a Senate panel Tuesday. “The Millennial Money: As Fed rates rise, save at a credit union 03/07/2023 09:30am • In the past year, the Federal Reserve has employed several interest rate hikes in an effort to stabilize the U.S. economy. Depending on your situation and financial institution, your debt may have gotten more expensive or your savings might have grown. As rates continue to change, it’s worth explo Women's Conference Tournament Glances 03/07/2023 05:20am • Times EST (through March 11) Times EDT (March 12) America East Conference At Higher-Seeded Schools First Round Wednesday, March 1 Vermont 56, Bryant 49 UMBC 82, NJIT 71 Albany (NY) 59, Mass.-Lowell 51 Maine 64, Binghamton 54 Semifinals Sunday, March 5 Vermont 75, UMBC 63 Albany (NY) 72, Maine 64 Cha NCAA Conference Tournament Glances 03/07/2023 01:55am • Times EST (through March 11) Times EDT (March 12) America East Conference At Higher-Seeded Schools First Round Saturday, March 4 New Hampshire 67, Bryant 60 Mass.-Lowell 85, Maine 54 Vermont 84, NJIT 57 Binghamton 67, UMBC 65 Semifinals Tuesday, March 7 Mass.-Lowell vs. New Hampshire, 6 p.m. Vermont What Are Credit Card Convenience Checks? 03/06/2023 07:00pm • If you've ever received blank checks in the mail from your credit card company, chances are they were credit card convenience checks. These checks allow you to access your line of credit -- but often at a high cost. Before you write convenience checks, make sure you know how they work and how much y Feds: Woman funded lavish lifestyle with stolen COVID funds 03/06/2023 03:31pm • BOSTON (AP) — A Florida woman — who authorities say chartered a private jet to fly her cross-country with some of the more than $1 million in federal coronavirus relief funds that she fraudulently obtained by using stolen identities — pleaded guilty Monday, federal prosecutors said. Danielle M Maple Leafs' Ryan O'Reilly out long term with broken finger 03/06/2023 03:18pm • NEWARK, N.J. (AP) — Toronto Maple Leafs center Ryan O’Reilly will be out of action for quite some time because of a broken finger. O'Reilly is going on long-term injured reserve, coach Sheldon Keefe said Monday. That means the 32-year-old must miss the next 10 games. He won’t be eligible to re Inflation pressures put Powell in spotlight before Congress 03/06/2023 10:36am • WASHINGTON (AP) — When Federal Reserve Chair Jerome Powell last appeared before Congress, in June 2022, inflation had reached a four-decade high of nearly 9% and showed no sign of easing. This week, Powell returns to Capitol Hill for two days of hearings under far different circumstances. The Fed This week: Consumer credit, employment market updates 03/06/2023 08:10am • A look at some of the key business events and economic indicators upcoming this week: Taking on debt The Federal Reserve on Tuesday will release its monthly update on consumer credit. Economists expect the report to show that consumer debt rose by $30 billion overall in January following a relativel How will Liverpool and Man United respond to 7-0 rout? 03/06/2023 08:07am • MANCHESTER, England (AP) — Jurgen Klopp had a question of his own when addressing journalists after Liverpool’s 7-0 rout of Manchester United on Sunday. Resisting the temptation to bask in a record win that almost certainly put an end to United’s feint Premier League title challenge, he remain South Korean plan aims to heal forced labor feud with Japan 03/06/2023 05:57am • SEOUL, South Korea (AP) — South Korea took a step toward improving ties with its traditional rival Japan on Monday, announcing a plan to compensate Koreans who performed forced labor during Tokyo’s colonial rule that doesn’t require Japanese companies to contribute to the reparations. The plan Women's Conference Tournament Glances 03/06/2023 12:29am • Times EST (through March 11) Times EDT (March 12) America East Conference At Higher-Seeded Schools First Round Wednesday, March 1 Vermont 56, Bryant 49 UMBC 82, NJIT 71 Albany (NY) 59, Mass.-Lowell 51 Maine 64, Binghamton 54 Semifinals Sunday, March 5 Vermont 75, UMBC 63 Albany (NY) 72, Maine 64 Cha NCAA Conference Tournament Glances 03/06/2023 12:05am • Times EST (through March 11) Times EDT (March 12) America East Conference At Higher-Seeded Schools First Round Saturday, March 4 New Hampshire 67, Bryant 60 Mass.-Lowell 85, Maine 54 Vermont 84, NJIT 57 Binghamton 67, UMBC 65 Semifinals Tuesday, March 7 Mass.-Lowell vs. New Hampshire, 6 p.m. Vermont Mortgage Rates Soar Past 7% Once Again 03/05/2023 07:00pm • Mortgage rates rose for the fourth consecutive week, with the average rate of a 30-year fixed mortgage surpassing 7% once again. Both fixed and adjustable mortgage rates climbed significantly during February as economists reacted to mixed data on inflation, the labor market and the possibility of a