The 25bps hike is the first raise in three years and comes ahead of critical midterm elections in the US. The United States Federal Reserve said it raised interest rates by a quarter of a percentage point as inflation, driven by soaring fuel prices amid the US-Iran war, continues to weigh on the economy. The…

The US House has passed a bill that could cut universities off from federal student aid if they participate in certain boycotts of Israel. But can the government tie billions of dollars in student aid to a university’s decision about who it does business with? Al Jazeera’s Noor Wazwaz explains. Published On 16 Sep…