Here are five key takeaways from Wednesday’s Fed rate hike
The Fed on Wednesday delivered a much-expected interest rate hike.
Investors react to Fed hike and market sell-off: Brace for ‘higher for longer’ rates
The 12-0 decision to raise rates Wednesday signaled to investors that the Fed is now in complete alignment in tackling inflation.
Trump’s Kennedy Center closure is ‘unlawful,’ Rep. Beatty tells judge in emergency hearing request
President Donald Trump says renovations at the Kennedy Center will not occur until the courts allow his name to be restored on the performing arts center.
Analysis: How Trump could reignite the Fed independence fight after Warsh’s rate hike
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
White House chief of staff Susie Wiles says she’s cancer free
Susie Wiles oversaw Trump’s winning 2024 presidential campaign and has wielded major influence in his second administration.
Hegseth avoids impeachment vote with early House election recess
The House won’t take a vote on impeaching Defense Secretary Pete Hegseth after House leaders decided to leave Washington a day earlier than planned.
Fed approves interest rate hike, signals one more to come this year
The Federal Reserve on Wednesday approved its first interest rate hike since 2023 and indicated another to come.
Here is what changed in the new Fed statement under Warsh
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in July.
Pentagon CTO says U.S. government shouldn’t take stakes in AI giants, questions adding AI rules
President Donald Trump has angrily pushed back on the calls from industry and lawmakers for an AI slowdown or greater regulation.
Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher
Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.
