Federal Reserve Chair Kevin Warsh takes questions from reporters during a news conference following Federal Open Market Committee meetings at Federal Reserve Headquarters on September 16, 2026 in Washington, DC. The Federal Reserve raised interest rates by a quarter of a percentage point in the first increase since 2023.
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What Kevin Warsh said about the Fed’s first rate hike since 2023
The Federal Reserve on Wednesday raised interest rates for the first time in more than three years in a renewed fight against inflation, which has picked up since early in the year due to the war with Iran.
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Live Updates Fed raises interest rates for the first time since 2023
Trump appointee Kevin Warsh was expected to lower interest rates. He just raised them. Follow for live updates.
Saudi Arabia has shut a critical oil pipeline. Here’s why it matters for the global oil market
Yet another contingency plan for the global oil market – buffeted by more than six months of war between the United States and Iran – has come under serious threat.
If AI really could kill us all, why give any ground to China?
Both the United States and China are feverishly debating the correct balance of AI regulation and technological advancement, and each side has distinct advantages in the race.
AI stocks slide after top industry CEOs call for slowdown of technology’s development
AI-linked stocks tumbled Monday after the CEOs of some of the companies developing the most advanced AI models called for a slowdown in the technology’s development to allow for more guardrails to be put in place.
Why Trump’s effort to build more refineries won’t lower gas prices
President Donald Trump wants to reverse the decades-long decline in the number of US refineries in operation, which he believes is key to lowering gas prices, and he recently called oil executives to the White House to make that push.
Can the oil market survive a forever war with Iran?
The Iran war has lasted far longer than many expected — and so has a functioning oil market.
Inflation heated up last month, boosting the case for a Fed rate hike
Consumer prices rose at a 3.4% annual rate last month, the same pace as July, according to the latest Consumer Price Index from the Bureau of Labor Statistics.
America can’t grow its way out of its debt problem
The US economy is staring down the barrel of $40 trillion in debt, bond yields on the cusp of a 19-year high and a costly war driving inflation higher. The Trump administration has a novel solution: We’ll just grow our way out of the problem.
From pony fur to bamboo furniture, Trump’s trade war with Canada is getting even weirder
What do pony fur, sequins, golf carts, bamboo furniture and mezcal have in common? Until Tuesday evening, not much. Now they’re among what could soon be unlikely casualties of President Donald Trump’s intensifying trade war with Canada.
What it’s like to use the iPhone Duo, Apple’s biggest change to the iPhone in its history
The iPhone is getting the biggest change in its nearly 20-year history: a screen that can bend in half.

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War in Iran

A commercial vessel passes through an international shipping lane in the Red Sea on July 27.
Khaled Ziad/AFP/Getty Images
The Bab al-Mandeb Strait, a lifeline for the global economy, is in jeopardy
A narrow waterway located at the mouth of the Red Sea has provided an escape hatch for a sizeable chunk of the Middle East’s oil. That lifeline is now looking increasingly shaky.

Affordability in America

Some renters are turning to unconventional living arrangements to make life in the Big Apple a little more affordable. Katie Rettig, pictured here in Chelsea, New York, lived in a convent to keep costs down.
Marco Postigo Storel/CNN
From living with nuns to sharing with seniors, here are the unconventional ways people are affording NYC
As New York City rents climb, some young residents, still early in their careers, are turning to unconventional living arrangements to make city life work.

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Britain's King Charles III looks on before departing after attending the annual Braemar Gathering in Braemar, central Scotland, on September 5, 2026. (Photo by ANDY BUCHANAN / AFP via Getty Images)
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King Charles ventures into the AI debate, a technology he’s previously warned about
British royals tread carefully when venturing into complex policy areas. Constitutionally bound to remain above politics, they can spotlight problems but not necessarily suggest any ways to solve them.
Why is China less worried about an AI dystopia than the US?
Unlike in the United States, no one in China seems to be openly fretting over the prospect of humanity being destroyed by artificial intelligence soon.
The Fed was bullied into hiking rates. Now it hopes it didn’t royally screw up
The bond market gave the Federal Reserve an ultimatum: Raise rates, or we will.
OpenAI says it found more instances of AI models acting deceptively
OpenAI found additional incidents of AI models acting deceptively and taking unsanctioned actions during training, the company announced Wednesday. It’s also introducing a new process for the company to publicly report such instances.

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