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 
US Airways Seeks Court Approval To Cut Union Pay - Report US Airways will ask a bankruptcy court judge to impose emergency pay cuts of 23 percent on its major unions, according to a newspaper report late on Thursday.