Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
WASHINGTON (AP) — The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year. The quarter-point increase lifts the Fed’s key rate to about 3. 9% and, over time, could result in higher borrowing costs for mortgages, auto loans and credit cards. In a set of quarterly projections, the Fed also signaled its rate-setting committee could...
Read MoreWed, 16 Sep 2026
- Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut
- House passes bill aimed at addressing impact of data centers on energy costs
- House approves sweeping Russia sanctions bill, sending it to Trump
- Trumps handpicked Senate nominee Michael Whatley embraces the president at a North Carolina rally
- Park Service quietly awards contracts to work on Trumps takeover of East Potomac golf course
- Speaker Johnson recesses the House early as Rep. Thomas Massie pushes Hegseth impeachment
- Iowa Republicans in battleground House races vote to halt Trumps ability to continue the Iran war
- US troops must prepare to fight around the moon, Trumps top military adviser says
- Families of Jimmy Lai, Min Zin plead in Washington for their release ahead of Xis visit
- House holds billionaire Leon Black in contempt of Congress over Epstein investigation
- Kamala Harris is to campaign in Michigan with Abdul El-Sayed
- Fencing goes up around the main Kennedy Center building after Trump-aligned board votes to close it
- Trump-aligned groups are pouring money into the midterm races
- Dr. Nicole Saphier, Trumps 3rd surgeon general pick, faces Senate questions over her vaccine stance
- Federal prosecutors charge 3 in alleged $12M homelessness aid fraud in Southern California
- Afghan man sentenced to 20-year prison term in case tied to suicide bombing at Kabul airport
- Theres one issue where Republicans and Democrats are unified before the midterms, a new poll finds
- Trump administration has cut or frozen $177 billion in grants across every state, analysis shows
- The Obamas family dog Sunny dies, the former president says
- House votes for a third time to end the Iran war as conflict drags on
- House panel recommends contempt charge for billionaire Leon Black in Epstein probe
- Trump administration plans to send powerful bombs to Israel in $2.8 billion weapons sale
- A sweeping college sports overhaul bill clears early hurdle in Senate vote
Tue, 15 Sep 2026
- Trump and the court: If he wins, hes happy. When he loses, he ridicules justices he appointed
- Trumps push to restrict mail ballots has failed. Other efforts to reshape the midterms are ongoing
- 16th Street Baptist Church marks bombing anniversary with a new visitor center
- Kennedy Center will close for renovations after judge blocks returning Trumps name to building
- FBI chief Kash Patel defends hiring policy changes on prostitution, bestiality at fiery hearing
- Americans value press freedom, but new surveys show support for restrictions in certain cases
- Maduro ally Alex Saab pleads guilty in a $195M money laundering case, agrees to cooperate
- Iran war has cost the US more than $38B, budget office says
- Trump slams the Supreme Court for rejecting his push to restrict mail ballots
- US acknowledges for the first time that it has deployed weapons in space
- Federal corruption trial opens for DC Council member Trayon White
- US strips millions in military aid from Europe and Mideast to back Trump-aligned nations in Americas
- Judge blocks Kennedy Center board from putting Trumps name on the building or grounds in any way
- US military says it destroyed 2 small Iranian boats trying to steal a drone
- US judge eyes January trial date for Libyan man charged in 1988 bombing of Pan Am Flight 103
- As AI debate flares, Melania Trump tours a North Carolina school to see technology at work
- Belarus authoritarian leader meets US envoy to push for lifting sanctions
- Senate is to vote on cryptocurrency regulation as Democrats push back on Trump investments
- 2 US government personnel were accidentally shot by soldiers in the African nation of Eswatini
- Federal Reserve is expected to raise its benchmark rate, defying Trumps demands
- Black Caucus launches effort to boost voting among Black, rural and young voters in midterms
- Supreme Court rejects Trump mail ballot restrictions ahead of midterms
- Carney heads to Europe for high-stakes speech and deeper EU ties as Canada clashes with Trump
- Tech CEOs call for AI regulation. Trump and Congress are not rushing to act
- McConnell returns to the Senate for the first time since his June hospitalization
- Supreme Court lifts a cloud over midterms, letting mail ballots flow as normal to voters
- DHS voter probe may break state laws and wrongly implicate US citizens, whistleblower alleges
Mon, 14 Sep 2026
- US watchdog tallies Iran wars hit to weapons stockpiles, military bases and more
- Trump calls AI risks a hoax, says there is a SICK conspiracy against AI and data centers
- Trump nominates wife of God Bless the USA singer Lee Greenwood to serve as US ambassador
- Ex-CIA Director John Brennan issued subpoena in Trump grand conspiracy investigation, lawyer says
- EPA eliminates rule that limits planet-warming greenhouse gas emissions from power plants
- Missouri election chief faces whistleblower lawsuit from fired election integrity director
- Maduro ally Alex Saab expected to plead guilty in federal money laundering case
- Democrats and activist groups plan to push back if Trump tries to interfere in midterm elections
- Kennedy Center board to propose new options for honoring Trump as center confronts solvency worries
- Texas landowners ask a court to stop Trumps Big Bend wall plans
- Supreme Court to decide whether to hear Maine lobstermans challenge to GPS boat tracker requirement
- Some Democrats are recalibrating their approach to transgender issues as they seek a path to power
- AP Decision Notes: What to expect in Delawares state primary
- Second federal judge freezes Trump mail ballot order with US Supreme Court poised to weigh in
- Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough
- Trump agrees to new bipartisan ethics provision in massive crypto bill, Republican senators say
Sun, 13 Sep 2026
- Trump says hes lifting a 10% tariff on Irish whiskey because everybodys been bugging me about it
- Trump says hell consider releasing 9/11 records after families request
- Trump loves the game of golf and takes pride in his relationships with some of the pros
- House Speaker Mike Johnson says Trumps $5,000 dividend needs congressional approval
- Trump downplays the need to check AI development and says he doesnt want to cede edge to China
- The secret ballot has been an article of faith in US elections. Thats being tested in Georgia
- Inside a Philadelphia barbershop, Black men debate their political past and future
- Federal judge rules Trump DHS plan for 50% FEMA staffing cuts was unlawful
Sat, 12 Sep 2026
- Trump touches a nerve while in Ireland by saying reunification would be fantastic
- Why Canada? Americas northern neighbor seems an unlikely target for a trade war
- Trump wants the Smithsonian Institution to install George Washington statues and exhibit
- Trump ally in Wisconsin sticks close to the president as Democrats push to flip swing district
- Ukrainians embed with US forces during drills in Germany to teach the latest in drone warfare
- From blue wave heroes to early exits: What happened to the 2018 House Democrats
Fri, 11 Sep 2026
- Republicans made El-Sayed a top midterm target. The Democrat wants to talk about Michigan voters
- CIA releases dozens of presidential daily briefs on bin Laden and al-Qaida before Sept. 11
- Trumps teasing is the price Paxton had to pay to use Republican midterm convention to raise money
- House tees up vote on Russia sanctions bill, but prospects for passage are uncertain
- Trump is heading to Ireland for the Irish Open at his Doonbeg golf course
- No relief from inflation as Middle East clashes lifts fuel prices to painful levels
- Afghan woman whose case was the first for a long-dormant court has been deported, officials say
- Trump commemorates the 25th anniversary of the 9/11 attacks at the Pentagon
- Trump and Vance team up at GOP convention as party faces midterm risks, and eyes whats next
- Vance? Rubio? DeSantis? Cruz? Republicans at Dallas convention ponder options for post-Trump leader
- Republican convention pays tribute to Charlie Kirk one year after his killing
Thu, 10 Sep 2026
- Prosecutor brought in to lead investigation of Trump foes tells AP that he has resigned his position
- Justice Department directs states to hold on to 2024 election records as it seeks their voter data
- 9/11 overshadows other major events of the past 25 years for many Americans, new poll finds
- Trump wants to send Americans money. Congress and economists dont seem thrilled with the idea
- Appeals court cites detention of Japanese Americans in ruling blasting Trump immigration policy
- Trump promises $500 Obamacare rebate checks for 1M enrollees in 30 states
- Smithsonian marks 25th anniversary of 9/11 with a display of rare artifacts
- Kimmel says interview with James Talarico wont air on TV under pressure from the FCC
- Appeals court hands Trump a loss on mail voting as Supreme Court considers his executive order
- US Supreme Court again rejects push to use Trump-backed congressional map in Missouri
- Rubio is wrapping up South America tour focused drug cartel fight with a stop in Peru
- Republicans showcase their big beautiful bill to voters, but the laws impact has been mixed
- Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP wins
- Trump defends Iran war, slams Democrats and promises cash at Republicans midterm convention
- Trump says oil prices that spiked because of Iran war likely wont come down until after midterms
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