No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged
WASHINGTON (AP) — The Federal Reserve’s internal watchdog said Wednesday that the agency has broadly mismanaged an expansive building renovation project but did not find any criminal violations, as alleged by Trump administration prosecutors. The Fed’s inspector general said that a variety of missteps by its Board of Governors inflated the cost of the $2. 4 billion renovation. The board did not secure a comprehensive cost estimate at the beginning of the project, nor did it nail down a a...
Read MoreWed, 30 Sep 2026
- No criminal wrongdoing in Federal Reserve building renovation, watchdog says, but it was mismanaged
- Inflation cooled slightly last month even as consumers stepped up spending
- A Bulgarian soccer club president is shot dead at his home
- Israeli strikes in Gaza kill 5, wound 19 and other Mideast developments
- Wall Street closes in on a winning September following an encouraging update on inflation
- A timeline of developments in AI safety since the attack on Hugging Face
- Trump will unveil $54 billion in South Korean investment in Alaska, site of a tight Senate race
- US economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate
- The top 5 midsize SUVs tested and ranked by Edmunds
- Hedge fund CEO Ken Griffin gives record $3B to Carnegie Mellon to build Miami campus
- Factory activity returns to expansion in a positive sign for Chinas economy
- Trump says top tech firms have signed accord to self-police AI development
Tue, 29 Sep 2026
- Carney accuses US steelmaker of betraying Canadian workers after layoffs tied to Trump tariffs
- Altman unveils always-on AI agent after OpenAI shelves model over safety concerns
- Watchdog says Trump cant cancel more than $800M in spending approved by Congress
- U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
- Congress votes to end production of the penny after 234 years, sending a bill to Trump
- Stocks slip on Wall Street as rising Treasury yields pressure the market
- The MacArthur Foundations genius fellows: The full 2026 class list
- This years MacArthur geniuses include a musician, painter and economist all confronting history
- Americans view of the economy sinks to the lowest level since 2014, Conference Board survey says
- Smart ring maker Oura puts off initial public offering due to market uncertainty
- From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect
- Russias ballistic missile and jet-propelled drone blitz keeps Kyiv on edge
- News organizations ask court to bar White House enforcement of access ban until case is resolved
- OpenAI delays latest model over security concerns, as industry faces new safety pressures
Mon, 28 Sep 2026
- Trump announces a new $15B Iowa steel plant and claims it will be the nations biggest
- Bond yields crank higher and pull US stocks further from their record
- Nvidia unveils security platform to stop AI agents from going rogue
- Nvidias board increases chipmakers share buyback plan by $150 billion
- US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting
- Underpaid workers building US Consulate in Milan will split multi-million payout from US firm
- Trump administration lowers fuel economy standards, critics say at a significant environmental cost
- In GOP Speaker Mike Johnsons district, the political mood is mixed for the party in power
- High airfares could stick around even if jet fuel prices fall
- Trump said he would dine with Anthropic CEO amid mounting AI debate
Sun, 27 Sep 2026
- Walmart says its not using personal information to set prices as it expands digital shelf labels
Sat, 26 Sep 2026
- OpenAI pauses training of latest models after agents probed US government sites in unexpected ways
- China and US agree to establish AI safety channel and continue trade and military talks
- OpenAI says its models engaged with US government websites in new model misbehavior disclosure
- TikTok settles lawsuit with Alabama for at least $100 million, will implement safety features
Fri, 25 Sep 2026
- Meatpacking groups say ICE arrests could lead to higher prices and revenue loss
- New Mexico jury finds Facebook liable for deceiving users about privacy protections
- A reprieve from rising oil prices helps US stocks finish the week higher
- Federal court says Pentagon can label Anthropic a supply chain risk
- Protests against war crimes verdicts add pressure on Kosovos government
- Brightline reworks debt in bankruptcy court but its high-speed trains will keep running in Florida
- EU vows to defend its stand against X after the US backs a court challenge from Elon Musk
- New humanitarian players hit UN sidelines in search of galvanizing force to counter aid cuts
- Trumps state dinner for Xi features sea bass and a long list of tech titans
Thu, 24 Sep 2026
- Trump lays out the pomp for Xi but says little about the significant tensions in US-China relations
- FDA nominee says vaccines are safe despite Trump efforts to overhaul childhood shots
- Argentinas poverty rate rises above 30% under President Milei, reversing recent decline
- A shaky day for oil prices and the bond market leaves US stocks not far from where they started
- Energy Department will spend $2 billion to squeeze more electricity from the aging power grid
- More than 160,000 pounds of meat bearing false USDA inspection labels recalled
- Mortgage rates climb for 5th straight week, pushing average rate on a 30-year home loan above 7%
- Chinese auto companies race ahead on EV technology, achieving 5-minute ultrafast charging
- New York sues prediction market Polymarket, calling it an unlicensed gambling operation
- Autonomous AI hacks raise thorny questions of legal accountability
- KFC opens a Texas restaurant to test ideas for reclaiming its fried chicken crown
- Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare
- Starbucks to shutter 250 stores in North America this week in 2nd wave of closings
- Moroccos Authenticity and Modernity Party leads in provisional election results
- US will make up to $7 billion in loans to help Trump ally Milei tap Argentinas oil and minerals
- Meta bets big on wearable AI, new AI agent as Zuckerberg pushes back against AI doom
- McDonalds bets $8.5 billion on a sweeping restaurant makeover and new protein-focused menu
- New lawsuits allege Six Flags Magic Mountains X2 roller coaster caused traumatic brain injuries
Wed, 23 Sep 2026
- Skyrocketing diesel prices rattle Republicans as midterms approach
- Facebook accused of deceiving users in New Mexico as trial over privacy scandal wraps up
- Prince Harry warns that AI chatbots may be more dangerous than social media for young users
- Pressure from the bond market hits a new level, and US stocks slide on worries about inflation
- Caesars stockholders approve $6 billion merger with Fertitta
- 40 years after Chernobyl, Italy greenlights a return to nuclear energy
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