Investors reacted with surprise as central banks unexpectedly raised interest rates today. The move, which came amidst growing concerns about economic uncertainty, sent share values tumbling.{Analysts speculate that the decision was made to curb inflation, but many investors are worried the potential for a recession. The global economy is now facin

A devastating earthquake struck Southern California early this morning, sending waves through the region. The epicenter was located near forty miles southwest of Palm Springs.{ While the intensity is still being assessed, early reports indicate a significant event. There are at this time indications of damage to buildings and companies in the area.