Fed raises again Central bank boosts fed funds rate to 2.25 but after 5 hikes in this year what #39;s in store for  #39;05? NEW YORK (CNN/Money) - The Federal Reserve raised a critical short-term interest rate by a quarter of a percentage 
FCC approves Cingular/AWS merger WASHINGTON-The Federal Communications Commission today conditionally approved the \$41 billion merger of Cingular Wireless LLC and AT amp;T Wireless Services Inc.