Federal regulators are hoping to announce who will take over the troubled First Republic Bank before markets open Monday. Meanwhile, the Fed is expected to raise interest rates yet again as inflation remains high. Skyler Henry reports.

Valerie Mahaffey, Emmy-Winning Actress Known for Quirky Villain Roles, Dies at 71
Valerie Mahaffey, the Emmy-winning actress celebrated for her portrayal of eccentric and complex characters, has passed away at the age of 71 after a battle with cancer. Her death was