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7 benefits of a Federal Reserve interest rate hike

Interest rates are going up. The Federal Reserve hiked rates once in 2015, once again last year and twice in 2017. And this week, Fed officials voted 7-2 after a two-day meeting to increase the rate by a quarter percentage point to a target range between 1.25 percent and 1.5 percent.

Business

The Mortgage Professor: Internet-based medical scams

Medical scams executed on the internet aim to convince respondents that a medical condition is best treated by a non-prescription remedy that only the scamster can provide. In other words, you should ignore your physician, ignore whatever you may have read about your problem in mainstream sources, and buy a cure from a non-credentialed source about whom you know nothing.

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Watch Thomas Fire flames continue to rage behind Montecito home 0:37

Watch Thomas Fire flames continue to rage behind Montecito home

Modesto police describe fatal shooting at Ustach Park 1:29

Modesto police describe fatal shooting at Ustach Park

Watch helicopter rescue of injured firefighter as Thomas Fire burns below 3:11

Watch helicopter rescue of injured firefighter as Thomas Fire burns below

How California measures ‘road smoothness’ and why it matters 1:08

How California measures ‘road smoothness’ and why it matters

California firefighters battle to contain Thomas Fire 1:11

California firefighters battle to contain Thomas Fire

Thomas Fire consumes hills in Santa Barbara County 0:32

Thomas Fire consumes hills in Santa Barbara County

Woman escorted out of Starbucks after asking patrons to stop speaking 'oriental' 1:12

Woman escorted out of Starbucks after asking patrons to stop speaking 'oriental'

Video shows cop punching a woman in the face as she is ejected from Hard Rock Stadium 0:14

Video shows cop punching a woman in the face as she is ejected from Hard Rock Stadium

Modesto fans review 'The Last Jedi' 1:01

Modesto fans review "The Last Jedi"

What to expect at the Christmas Extravaganza in Turlock 1:58

What to expect at the Christmas Extravaganza in Turlock

Stanislaus County firefighters pay respect to Cal Fire engineer Cory Iverson

Firefighters with the Stanislaus Consolidated Fire Protection District, the Modesto, Turlock, Patterson and Manteca fire departments and other personnel staged a flag-lowering ceremony in Santa Barbara in honor of Cory Iverson, the Cal Fire engineer who died in the Thomas Fire.
Stanislaus Consolidated Fire Protection District
Stanislaus County firefighters pay respect to Cal Fire engineer Cory Iverson 1:13

Stanislaus County firefighters pay respect to Cal Fire engineer Cory Iverson

Restaurant surveillance video catches purse thieves in action. The diners didn't notice. 1:51

Restaurant surveillance video catches purse thieves in action. The diners didn't notice.

Watch Duckie, the puppy with 'swimmer's syndrome,' take first steps 0:37

Watch Duckie, the puppy with 'swimmer's syndrome,' take first steps

Bonded pups at Bradshaw shelter can't stop kissing each other 0:38

Bonded pups at Bradshaw shelter can't stop kissing each other