Emily Sullivan

Former Baltimore Mayor Catherine Pugh pleaded guilty to corruption charges on Thursday, a day after federal prosecutors unsealed an indictment accusing her of using a fraudulent children's book business to enrich herself and fuel her political career.

Pugh, 69, a Democrat who took office in 2016, acknowledged her guilt to conspiracy to commit wire fraud and conspiracy to defraud the government and two counts of tax evasion.

Anonymous hackers breached the city of Baltimore's servers two weeks ago. Since then, those servers' digital content has been locked away — and the online aspects of running the city are at an impasse.

Government emails are down, payments to city departments can't be made online and real estate transactions can't be processed.

By law, only you and the U.S. Postal Service are allowed to put things in your mailbox. But what if companies like FedEx and UPS could do it too?

That could happen under a recommendation by the Trump administration.

A White House task force said in December that USPS should "explore franchising the mailbox as a means of generating revenue."

The Postal Service could use the cash.

The partial government shutdown is inflicting far greater damage on the U.S. economy than the Trump administration previously estimated, the White House acknowledged.

President Trump's economists have now doubled projections of how much economic growth is being lost each week.

Updated at 4:03 p.m. ET

Despite enormous pressure from President Trump, the U.S. Federal Reserve announced Wednesday it is increasing interest rates by a quarter point.

The Fed said in a statement it is raising the key borrowing rate to a range of 2.25 percent to 2.50 percent — the highest level in a decade, when the economy was in the early stages of the financial crisis and the beginning of the Great Recession. The Dow ended the day down 352 points, or 1.5 percent, after the Fed announcement. The index was up nearly 300 points earlier.

Updated at 3:31 p.m. ET

Kathy Kraninger, a White House official, has been confirmed as the Consumer Financial Protection Bureau's new director over objections by critics who highlighted her lack of experience in consumer protection.

The Senate voted 50-49 Thursday to back Kraninger as head of the consumer protection watchdog agency. She has worked for the Office of Management and Budget since March 2017.

Ukraine's President Petro Poroshenko on Friday barred Russian men of military age from entering the country, saying the order was needed to prevent an infiltration in what appeared to be an allusion to Moscow's 2014 takeover of Crimea from Ukraine.

Poroshenko's decree comes days after he assumed martial law powers in Ukraine following a maritime skirmish in the Kerch Strait that joins the Black Sea and the Sea of Azov through Crimea. That encounter saw Russian warships fire on and seize three Ukrainian navy vessels, wounding several of their crew.

Since millennials first started entering the workforce, their spending habits have been blamed for killing off industries ranging from casual restaurant dining to starter houses. However, a new study by the Federal Reserve suggests it might be less about how they are spending their money and more about not having any to spend.

Three Philippine policemen were found guilty of murdering a teenager during a drug sweep — the first conviction of officers in President Rodrigo Duterte's deadly war on drugs.

Judge Roldolfo Azucena said on Thursday the murder of 17-year-old Kian delos Santos was "not a function of law enforcement" and sentenced each officer to 40 years in prison.

Volkswagen is scouting a location in North America for a new production factory to build electric vehicles, CEO Scott Keogh told reporters on Wednesday.

"We are 100 percent deep in the process of 'We will need an electric car plant in North America,' and we're holding those conversations now," Keogh told reporters at the Los Angeles Auto Show.