Archive
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On September 16, 2026, the Federal Open Market Committee approved a statement indicating a 12-0 vote to increase the federal funds rate target range by 1/4 percentage point to 3-3/4 to 4 percent, citing solid economic expansion and elevated inflation.
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The Federal Deposit Insurance Corporation and the Federal Reserve Board released feedback letters regarding resolution plans submitted in October 2025 for 15 banking organizations, noting no deficiencies were found in these submissions. The agencies also confirmed that a prior issue with BNP Paribas' 2021 resolution plan has been resolved.
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The Federal Open Market Committee approved a statement on October 28, 2026, maintaining the federal funds rate target range at 3-3/4 to 4 percent, citing strong economic activity despite elevated inflation and geopolitical uncertainty.
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Retailers have observed a notable rise in the sales of essential items after the government advised the public to prepare for potential crises. Specific increases were reported by various stores for items like tinned goods, radios, and torches.
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The father of a teenager who attempted to kill a fellow student in a knife attack at Thorpe St Andrew School near Norwich stated that his son may have been influenced by extreme online content, following the boy's conviction for attempted murder.
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The Court of Appeal increased the sentences for Klevi Pirjani and Nivalda Pirjani following the fatal battering of their three-month-old son, Miguel. The Attorney General referred the case, arguing the initial sentences were unduly lenient.
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During court proceedings, Russell Brand, 51, stated to police that while he has led a very promiscuous life, he has never participated in non-consensual sexual activity, as reported by BBC UK. The court also heard that the judge found insufficient evidence for a charge of indecent assault.
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Two British nationals, Mohmed Abdulkarim and Nouman Essghir, appeared in Westminster Magistrates' Court facing charges related to an alleged plot linked to Iran at RAF Fairford. The investigation involved a major incident in September and subsequent arrests.
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South China Morning Post reports that The Weeknd's new song 'Hong Kong' incorporates a sample from Faye Wong's 'Seasonal Wind,' which was penned by 'The Prodigal Lyricist.' The original song appeared on Wong's 1993 album 'No Regrets' and is an adaptation of a piece by Yang Li-te and Chen Hsiao-hsia.
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Hong Kong lawmakers have expressed apprehension regarding the substantial expense associated with developing a major technology hub and an adjacent wetland park near the border with mainland China, as the government pursues a new funding request of HK$27 billion for the second phase of work.
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According to the South China Morning Post, Wang Huimin, a former high-ranking official at China's securities regulator, received a death sentence with a two-year reprieve on Tuesday for bribery charges, having allegedly accepted over 436 million yuan in bribes.
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Taiwan's Defense Minister Wellington Koo Li-hsiung stated that the defense ministry will maintain constant vigilance concerning all satellite imagery and related intelligence gathering aimed at Taiwan.