AND TOMORROW AND WE WILL TALK ABOUT THE FOUR-DAY PLUS IN ABOUT SEVEN MINUTES. DESTINY: IT IS 6:50 AND THE FEDERAL RESERVE ANNOUNCED ANOTHER INTEREST RATE HIKE, WITH A STARK WARNING RECESSION COULD BE COMING. PATRICK: THAT COMMENT FROM THE FED CHAIR, WARNING AMERICANS WOULD FEEL THE PAIN AS THEY TRY TO TAME RECORD-HIGH INFLATION. HERE IS AMY LU IN WASHINGTON. AMY: IT SEEMS LESS AND LESS LIKELY THE FED WILL ACHIEVE IT’S SO-CALLED SOFT LANDING, AND MORE LIKELY, A RECESSION WHERE THE ECONOMY WILL SEE SLOWER GROWTH AND HIGHER UNEMPLOYMENT. THE FED ANNOUNCED YESTERDAY ITS 4TH INTEREST RATE HIKE THIS YEAR , RAISING SHORT-TERM RATES THREE QUARTERS OF A PERCENT. POLICYMAKERS WERE HOPING TO RAISE INTEREST RATES INCREMENTALLY, IN ORDER TO SLOW ECONOMIC GROWTH AND INCREASE UNEMPLOYMENT, JUST ENOUGH TO BRING INFLATION BACK DOWN TO THEIR 2% GOAL. BUT INFLATION REMAINS STUBBORNLY HIGH, UP 8.3% SINCE LAST YEAR, AND THE FED NOW SAYS IT WILL HAVE TO BECOME EVEN MORE AGGRESSIVE TO GET IT BACK DOWN. BUT RAISING RATES TOO FAST, TOO HIGH, AND THINGS LIKE CONSUMER SPENDING AND THE NUMBER OF JOBS COULD COME CRASHING DOWN INTO RECESSION. THEY’RE TRYING TO ENSURE INFLATION DOESN’T REMAIN ENTRENCHED INTO THE ECONOMY. >> MY COLLEAGUES AND I ARE ACUTELY AWARE THAT HIGH INFLATION IMPOSES SIGNIFICANT HARDSHIP AS IT ERODES PURCHASING POWER, ESPECIALLY FOR THOSE LEAST ABLE TO MEET THE HIGHER COSTS OF ESSENTIALS, LIKE FOOD, HOUSING AND TRANSPORTATION. AMY: AND THE FED SAYS IT’S PREPARED TO ANNOUNCE MORE INTEREST RATE HIKES LATER THIS YEAR INTO 2023. PATRICK: CREWS FROM THE U.S. COAST GUARD ARE ASSESSING THE DAMAGE IN PUERTO RICO IN THE AFTERMATH OF HURRICANE FIONA. MOST OF PUERTO RICO’S THREE MILLION-PLUS RESIDENTS WERE LEFT WITHOUT POWER AND WATER IN THE WAKE OF THE STORM. THE STORM PUSHED RIVERS TO OVERFLOW FLOODING HOMES AND STREETS IN THE AREA. THE FLOODING HAS NOW TRIGGERED MUDSLIDES, BLOCKING SOME ROADS LEADING FROM THE COASTAL REGIONS TO THE INLAND. FIONA HAS KILLED AT LEAST 5 PEOPLE ACROSS THE CARIBBEAN SO FAR, ACCORDING TO THE LATEST REPORTS. TWO OF THE VICTIMS WERE IN PUERTO RICO. DESTINY: NASA WILL BROADCAST ITS FIRST ATTEMPT TO MODIFY THE ORBIT OF AN ASTEROID ON MONDAY. THE DOUBLE ASTEROID REDIRECTION TEST, OR DART, WILL TARGET A SMALL ASTEROID. NASA PLANS TO SMASH HEAD FIRST INTO THE ASTEROID, WITH THE HOPE THAT IT WILL SLOW IT DOWN AND KEEP IT FROM COLLIDING WITH A LARGER ASTEROID. NASA OFFICIALS SAY, DON’T WORRY, THERE’S NO WAY FOR EITHER ASTEROID OR ANY MATERIAL RELEASED BY THE COLLISION TO POSE A THREAT TO EARTH. PATRICK: I LOVE THAT IT IS CALLED DART. A NUMBER OF STORES INCLUDING WALMART AND TARGET ARE FRUSTRATED BY EXTRA CREDIT CARD FEES, AND ARE PUSHING TO LOWER THEM. THEY ARGUE THE CREDIT CARD FEES ARE HIGHER IN THE UNITED STATES THAN ANYWHERE ELSE IN THE INDUSTRIALIZED WORLD. THE FEES USUALLY RUN BETWEEN ONE -- 1% AND 3% OF A TRANSACTION’S FINAL PRICE, AND STORES OFTEN PASS THEM ON TO CUSTOMERS. A REPORT SHOWED, LAST YEAR ALONE, IT ADDED UP TO ABOUT $138 BILLION, BUT CREDIT CARD COMPANIES ARE PUSHING BACK, SAYING FACT -- SAYING THAT THE FEES COVER THINGS LIKE REWARDS PROGRAMS, BANKING SERVICES, AND PROTECTING MERCHANTS FROM FRAUD. DESTINY: IN WESTERN NORTH CAROLINA, FORTY NEW JOBS ARE COMING TO HENDERSON COUNTY. CUMMINS-MERITOR IS INVESTING $17 MILLION TO EXPAND ITS MANUFACTURING PLANT OUTSIDE OF FLETCHER. THE COMPANY DESIGNS, MANUFACTURES, AND DISTRIBUTES POWER SOLUTIONS LIKE AXLES. THE NEW POSITIONS WILL INCLUDE ASSEMBLY, AND WELDING TECHNICIANS. PATRICK: IN PUMPKINTOWN, A WOMAN IS REMINDING PEOPLE NOT TO FEED BEARS. THIS, AFTER SHE SAYS A MAMA BEAR AND TWO CUBS ATE ALL OF HER CHICKENS AND DESTROYED HER PROPERTY. AMY ALLEN POSTED THESE IMAGES ON FACEBOOK. SHE SAYS THE BEARS SHOWED UP AT HER HOME ON NEW HOPE ROAD, AND WOULDN’T LEAVE EVEN WITH A BEAR HORN SOUNDING OFF. SHE SAYS, EVENTUALLY, AFTER EATING SIX OF THE CHICKENS, THEY LEFT, ONLY TO COME BACK AND TEAR A WOODEN DOOR IN HALF, THEN THEY ATE THE REMAINING LIVING CHICKEN . BE CAREFUL OF THAT. DESTINY: FILM EXTRAS ARE NEEDED, FOR THE FINAL DAY OF FILMING. FOR A ZOMBIE SERIES BEING FILMED IN THE UPSTATE. IGS FILMS’ YOUTUBE CHANNEL WILL BE FILMING THE ZOMBIE SHOW, ISOLATION SERIES. THEY’RE LOOKING FOR LOCALS TO BE BACKGROUND SETTLERS IN THE SCENE. IF YOU’RE INTERESTED GO TO 305 W QUEEN STREET IN PENDELTON, STARTING AT 10:00 A.M. ON SUNDAY UNTIL 1:30 P.M. ALL AGES ARE WELCOME. WEAR RUGGED FARM CLOTHING AND ALSO BRING A FALL OR WINTER OUTFIT FOR A FALL THEMED SCENE. WE’RE TOLD ZOMBIE ISOLATION, THE SERIES WILL HAVE A HUGE PREMIE