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The Federal Reserve will almost certainly raise interest rates Wednesday at Jerome Powell's first meeting as chairman.The question is what his plans will be for the central bank later this year, as the Fed wrestles with how to prevent the economy from overheating.Some hints may come when Powell and members of the Federal Open Market Committee release their revised economic forecasts. The Fed is likely to stick with its three planned rate hikes this year for now, but may hint at a fourth.The Fed will release its rate hike decision and updated forecasts at 2 p.m. ET. Powell will take questions from reporters at his first press conference a half-hour later at 2:30 p.m. ET.Powell, who began a four-year term last month, has expressed confidence that the next few years will be "good years for the economy" and that many challenges for the economy have faded into the background.That message has been echoed by Powell's colleagues on the Fed board.Fed Governor Lael Brainard, who has advocated slower rate hikes, has more recently expressed optimism about the trajectory of the economy. Those cheery comments suggest she may support faster action by the Fed to tighten monetary policy."Many of the forces that acted as headwinds to US growth and weighed on policy in previous years are generating tailwinds currently," she said earlier this month in a speech pointing to the recent fiscal stimulus from tax cuts and higher spending.Fed officials are assessing the impact of the .5 trillion tax cut enacted earlier this year. The Fed is also watching for signs that inflation is coming closer to the central bank's target of 2%.  1647

The Environmental Protection Agency announced on Monday that some Lysol products could kill COVID-19 on surfaces in just two minutes.In a press release, the agency said that Lysol Disinfectant Spray and Lysol Disinfectant Max Cover Mist could effectively kill the coronavirus.“EPA is committed to identifying new tools and providing accurate and up-to-date information to help the American public protect themselves and their families from the novel coronavirus,” said EPA Administrator Andrew Wheeler in the release. “EPA's review of products tested against this virus marks an important milestone in President Trump’s all of the government approach to fighting the spread of COVID-19."The agency said the Lysol products were the first products that had been reviewed by its laboratory testing data and approved label claims. 834

The COVID-19 pandemic changed all industries, including those for celebrities. Forbes says the world’s highest-paid celebrities brought in a combined 0 million less in 2020 compared to 2019.But don’t feel too bad for them, the top 10 list earned a combined .1 billion this year before taxes and fees.The top earner in 2020, according to Forbes, was Kylie Jenner, who brought in 0 million, mostly from selling a majority stake in her cosmetics firm.Number two stays in the family; Kanye West, Jenner’s brother-in-law, brought in 0 million this year, helped by his Yeezy sneakers deal with adidas.Pandemic-impacted sports cancellations couldn’t dent Roger Federer, Cristiano Ronaldo or Lionel Messi, apparently, Forbes has the three athletes at number 3, 4 and 5 on their list, respectively. Each brought in just over 0 million in 2020, likely helped by endorsement deals and multi-year contracts.Other athletes in the top 10 include Neymar at number 7, who brought in .5 million, and LeBron James at number 9, with .2 million.In September, Forbes announced Tyler Perry was officially a billionaire, owning the rights to his 20-plus movies and continuing to produce content during the pandemic. He also makes the list of top 10 highest-paid celebrities of 2020 at number 6, reportedly bringing in million this year.Howard Stern is the highest-paid radio host, thanks to his eight-figure contract with SiriusXM, and is number 9 on the list of 2020 earners with million for the year.Rounding out the top 10 is Dwayne Johnson, who brought in .5 million this year, mostly from payments for forthcoming movies.Forbes observes the coronavirus pandemic has impacted celebrities in different ways. As live events, like concert tours and sports games, were cancelled and took away potential revenue, online and streaming opportunities like Netflix content deals provided new income.For reference, Forbes reported Taylor Swift, Kylie Jenner and Kanye West as the top three highest-paid celebrities of 2019. Swift topped the list last year with 5 million in 2019. She fell to number 25 on the highest-paid list in 2020. 2148

The coronavirus pandemic is forcing school districts that choose to reopen for in-person learning to do so with precautions.While many school corporations have posed ideas for protocols, not all have decided on a final plan.In the animation above, we imagine what a day at school might look like, using ideas from districts around the United States. 357

The FBI and Toledo, Ohio police are searching for a suspect in an armed bank robbery who was mistakenly released from jail earlier this week.According to the FBI, Don Woodson Ellis Jr. allegedly robbed a bank in Toledo on Monday and was arrested and held at the Lucas County Corrections Center. He was mistakenly released on Wednesday night around 10:30 p.m.At the time, he was wearing a black t-shirt, light blue shorts/jeans to the knee and white tennis shoes with dark laces.He was using the name Antwon Moore at the time of the departure from the jail. He is also considered armed and dangerous.The Lucas County Sheriff's Office said Ellis "used deception" to be released back into the community.According to the FBI, he could be in Michigan given his previous criminal record which includes pleading guilty to bank robbery and fleeing/eluding police in Monroe County.Ellis is described as a black male, 28 years old, 6-feet tall weighing 150 pounds.  983