Today marks the start of Black History Month in the United States, so let's honor all of the important people in the past who sometimes haven't been given enough credit for the amazing things that they did!
Okay, onto today's first piece of news: The Federal Reserve is rising interest rates. Again. The Feds jacked the rates by another quarter point today, and they hinted at another rise coming in March to continue to "deflate" the economy which has been subjected to intense inflation over the past few years. President Joe Biden is also having an important meeting today with House Speaker Kevin McCarthy to discuss the debt ceiling that the US has recently reached, and the Treasury is trying their absolute best to prevent the US from paying their bills until a solution is reached.
On another note, there is also another winter weather system moving through the country, dumping ice, sleet, snow, and rain across Texas, Arkansas, Tennessee, and Mississippi. The bad weather is expected to continue through today, and maybe even the rest of the week. Over 1400 flights have been canceled today, and two people are dead due to the dangerous road conditions.
Lastly, if you have a Kia or Hyundai model that was made between 2011 and 2021, you might want to watch out. A user on TikTok has posted videos of how to use hacking to imitate a key fob to unlock these cars, which highly increases the chance of your car getting stolen. In result of this, multiple insurance companies such as StateFarm and Progressive are starting to back out, saying that they will no longer insure these cars. So if you have one of them, watch out!
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