How the Fed’s Interest Rate Decision Affects Credit Cards, Loans and More

New York Times - Oct 28, 2026

The Federal Reserve is widely expected to leave its benchmark rate untouched, but a December hike could make holiday borrowing more costly.

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Treasury sanctions North Koreans, Russians for alleged IT fraud

Oct 28, 2026

Treasury sanctions North Koreans, Russians for alleged IT fraud

The Treasury Department on Wednesday sanctioned 10 individuals and one entity involved in an alleged scheme to defraud American businesses to benefit the North Korean military. The department’s Office of Foreign Assets Control (OFAC) sanctioned eight North Korean nationals and two Russian nationals, accusing them of facilitating a government-run information technology (IT) scheme to generate...

Bond yields rise slightly ahead of Fed rates decision

Oct 28, 2026

Bond yields rise slightly ahead of Fed rates decision

Bond yields ticked up Wednesday morning ahead of the Federal Reserve’s decision on interest rates, with investors expecting the central bank to keep borrowing costs steady.  The 10-year U.S. Treasury bond yield was trading at more than 5.02 percent as of midmorning, up by roughly 3 basis points from closing time Tuesday. The note dipped...

Kalshi defends Platinum program against scrutiny from Democrats

Oct 28, 2026

Kalshi defends Platinum program against scrutiny from Democrats

Kalshi argued Tuesday that its VIP program and platform are "fundamentally different" from those offered by sportsbooks, after several Democratic lawmakers expressed concerns over loyalty programs at both prediction markets and sportsbooks. In a letter shared first with The Hill, the company suggested Kalshi Platinum has no "predatory incentives" because of its distinct business model....

Live updates: Trump, Obama campaign in midterm sprint; Murkowski backs Dem in Alaska governor's race

Oct 28, 2026

Live updates: Trump, Obama campaign in midterm sprint; Murkowski backs Dem in Alaska governor's race

Former President Obama is stopping in Atlanta on Wednesday — less than a week out from Election Day — to give a boost to Democrat Keisha Lance Bottoms, who's running for Georgia governor, and incumbent Sen. Jon Ossoff (D). Obama's visit to the Peach State comes just a few days after his quippy speech at...

Fed likely to hold rates steady ahead of midterms

Oct 28, 2026

Fed likely to hold rates steady ahead of midterms

Federal Reserve officials will decide whether to raise interest rates again on Wednesday, as persistent inflation strains Americans ahead of the midterm elections. Annual inflation was 3.7 percent in September, according to the consumer price index (CPI). That marked an increase from 3.4 percent in August and showed inflation remains entrenched in the economy amid...

Football fixtures and results

Oct 27, 2026

Football fixtures and results

Catch up with all the week’s football fixtures and results here.

4 in 10 say personal finances worsening: Survey

Oct 27, 2026

4 in 10 say personal finances worsening: Survey

Four in 10 Americans say their personal finances are deteriorating, according to a new poll released shortly before November's midterm elections. In the NPR/PBS News/Marist Poll, 40 percent of people said their “personal family finances” have declined in the last 12 months, while 16 percent said the opposite. Forty-one percent said their personal family finances...

Sanders, Wyden press insurers on Trump ACA coverage terminations

Oct 27, 2026

Sanders, Wyden press insurers on Trump ACA coverage terminations

Senate Democrats, led by Sens. Ron Wyden (D-Ore.) and Bernie Sanders (I-Vt.), are pressing 10 major insurance companies about their decisions to work with the Trump administration to terminate coverage for thousands of ObamaCare enrollees due to alleged fraud.  The letters, sent Monday to the CEOs of the 10 biggest Affordable Care Act (ACA) insurers...

Consumer sentiment increased in October: Conference Board

Oct 27, 2026

Consumer sentiment increased in October: Conference Board

Consumer sentiment rose in October, as Americans’ views of present and future business conditions improved, according to a new survey. The Conference Board’s Consumer Confidence Index rose from 84.2 in September to 91.7 this month. Last month’s index, which the Conference Board revised upward from 81.9, marked the metric’s lowest point in more than a...

How a Cheesecake Factory jab spurred a midterm spat

Oct 27, 2026

How a Cheesecake Factory jab spurred a midterm spat

A Cheesecake Factory jab from former President Obama quickly spiraled into a midterm spat between the GOP and Democrats as the competitive election cycle nears its end. Obama quipped during a recent campaign stop in Cleveland that President Trump has the White House “looking like Saddam Hussein opened a Cheesecake Factory, it’s just gold everywhere.”...

Texas agriculture commissioner: GOP could pay price for data center push

Oct 27, 2026

Texas agriculture commissioner: GOP could pay price for data center push

A longtime Trump supporter says rising costs, data centers and frustration in farm country could hurt Republicans at the ballot box.

California’s Potential Quartz Ban Pushes Contractors and Retailers to Alternatives

Oct 27, 2026

California’s Potential Quartz Ban Pushes Contractors and Retailers to Alternatives

Manufacturers and their customers are using materials made without the clouds of dust that have sickened workers in quartz-cutting shops.

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