Federal Reserve officials voted to hold interest rates steady at a 22-year high but signaled they were prepared to raise rates once more this year to combat inflation. WSJ's Nick Timiraos explains the Fed’s “soft landing” goal of lowering inflation without crashing the economy. Further Reading: - Fed Holds Rates Steady but Pencils in One More Hike This Year  - Why a Soft Landing Could Prove Elusive  Further Listening: - Will the Fed Stop Raising Interest Rates  - Homeowners Don’t Want to Sell. So Builders Are Cashing In.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Sam Bankman-Fried built a crypto empire. Then the exchange he founded collapsed, revealing that billions of dollars of customer money was missing. Bankman-Fried was charged with fraud, and his trial begins Oct. 3. In a new series from The Journal, WSJ’s Caitlin Ostroff explores Bankman-Fried meteoric rise, devastating fall and the trail that will determine his future.  Learn more about your ad choices. Visit megaphone.fm/adchoices

A former Wells Fargo executive was recently sentenced for her role in the bank's 2016 fake account scandal. WSJ's Ben Eisen explains why that sentencing isn't the end of this story for Wells Fargo as the bank has struggled to overhaul the way it manages risks, even seven years later. Further Reading: -Former Wells Fargo Executive Avoids Prison Time in Fake-Accounts Scandal  -Wells Fargo Is Still in Fix-It Mode  Further Listening: -Wells Fargo and the Fake-Account Fallout  -The War Inside Goldman Sachs  Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2006, after years of denial, ExxonMobil publicly acknowledged climate change for the first time. But internal documents show that behind the scenes, Exxon officials pushed to diminish concerns about climate change. WSJ’s Christopher M. Matthews breaks down the new findings. Further Reading: - Inside Exxon’s Strategy to Downplay Climate Change  - Exxon Predicts World Will Miss Climate-Change Targets  Further Listening: - An Activist Investor and the Showdown Over Exxon’s Future  Learn more about your ad choices. Visit megaphone.fm/adchoices

For the first time, the United Auto Workers is striking all three Detroit car companies at once, targeting factories in Michigan, Ohio and Missouri. WSJ’s Nora Eckert explains the union’s unprecedented strategy and how much bigger the walkout could get. Further Reading: - UAW Goes on Strike Against GM, Ford and Stellantis  - UAW’s Strike Strategy: Start Small and Keep ’Em Guessing  Further Listening: - Meet the Man Who Has Detroit on Edge  - Scandal Engulfs One of America’s Biggest Unions  Learn more about your ad choices. Visit megaphone.fm/adchoices