The Fed is likely to raise interest rates as inflation persists. What that means for consumers
Some Fed-watchers believe the Fed is likely to raise rates mainly out of concern for what might happen if they don't. If investors lose confidence in the Fed, they might demand higher interest rates for treasury bonds, which could hurt the economy at a time when bond yields are already surging to multi-year highs.
The stock market could do something strange this week after the Fed decision
Volatility never gives notice before coming so one should always be prepared for it. For a volatile market: 5 largecap stocks from different sectors with upside potential of up to 34%. For volatile market conditions: 5 bigcap stocks with upside Potential of 24% or up to 31%. For a volatile market: 6 largecap stocks from different sectors with upsurrounding potential of 33%.
Oil prices rise after Saudi Arabia shuts down critical pipeline that bypasses Strait of Hormuz
An attack prompted Saudia Arabia to close the pipeline as a precautionary measure. Saudi Arabia faulted an Iran-aligned militia in Iraq of the attack. The pipeline carries as much as 7 million barrels of oil each day, about 5 million of which are exported. Oil exports transported through the pipeline amounted to roughly 5% of global supply.
Syrians Protest as Surge in Fuel Prices Adds to Cost-of-Living Crisis
Protesters blocked roads and burned tyres in several Syrian cities and towns after the government raised fuel prices. The government said the measures were temporary, linking them to higher refined petroleum prices following the US-Israeli war on Iran and renewed hostilities in Yemen. The UN World Food Programme puts Syria’s poverty rate at about 90 percent.
Legendary costume designer Bob Mackie dies aged 87
Mackie is best known for his work with Cher, Tina Turner and Miley Cyrus. He also worked with the likes of Tom Hanks and Neil Patrick Harris. He is survived by his wife and three children. He leaves behind a wife and four children. For more information on Mackie, visit his website: www.mackie.com.
Emmys Red Carpet Photos: Mariska Hargitay, Noah Wyle and More Stars
Keltie Knight ended an interview with Charlie Hunnam on the network's pre-show before speaking with the "Remarkably Bright Creatures" star. Knight explained both she and Hunnam are married to other people, but Field deadpanned, "Well, how do you know it's really solid?"
Gavin Newsom Says He Won’t Run in 2028 if Kamala Harris Does
Look for one or the other of these two California Democrats to make their candidacy official. "I wouldn’t run if she ran," Newsom says, matter-of-factly. Newsom, who is prevented by term limits from running again for governor, has openly acknowledged considering a presidential bid.
What Is Driving Diesel Prices Up? Energy Chaos Caused by Two Wars.
SuperEnalotto, draw and winning numbers for today, September 3, 2026. Fifa, accusations against Uefa: "Defamatory campaign to sabotage Infantino" Jane Fonda: "Scary and dangerous times in the USA, we are working to stop authoritarianism" US Open, today Cobolli-Schoolkate - Live Live.
Whistle-Blower: Federal Agents May Have Broken State Laws in Search For Voter Fraud
Whistleblower: "The Unlawful Voter Initiative has potentially already committed thousands of violations of state law" The Trump administration has launched an unprecedented effort across multiple federal agencies to search for and prosecute noncitizens on state voter rolls. "If unreliable DHS data is used to generate purported evidence of 'unlawful voters,' that could disenfranchise eligible voters," Senate Democrats say.
Israel Destroys Underground Hezbollah Base in Southern Lebanon
SuperEnalotto, draw and winning numbers for today, September 3, 2026. Fifa, accusations against Uefa: "Defamatory campaign to sabotage Infantino" Jane Fonda: "Scary and dangerous times in the USA, we are working to stop authoritarianism" US Open, today Cobolli-Schoolkate - Live Live.
Houthis Seize a Key Red Sea Island, Threatening Another Global Oil Route
Diesel hit another all-time high (without accounting for inflation) of $6.23 per gallon on average Monday. In Nigeria, for example, diesel prices are now 92% higher than they were in late February.Countries including Indonesia (diesel up 87% and gas up 38%) and Lebanon have also seen steep spikes.
Why Israel Reacted With Fury to U.K. Sanctions on West Bank Settlements
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Trump says AI fears, like climate change, driven by ‘revolutionaries’ for ‘Bad and Evil Cause’“I am the Hoax Buster, and I’m right now breaking another Hoax — That AI is going to take over, consume, and destroy the World, and that Robots will be marching into our Cities, and getting rid of us all!” he said.
Turkish police detain dozens in raids on gay bars and homes of LGBTQ+ activists
Police swooped on gay bars, offices and homes of activists in major cities including Istanbul, Ankara, Izmir and Mersin. Authorities said raids were aimed at boosting traditional family values, officials and activists said. Turkish authorities targeted current and former members of multiple LGBTQ rights and HIV awareness groups.
Trump says he will remove all Irish whiskey tariffs as he ends two-day visit
Donald Trump presented the Irish Open trophy to Shane Lowry at the president's Doonbeg golf course. He also presented a farewell gift: the elimination of tariffs on Irish whiskey. "It's good for us, good for business, great for Irish whiskey as a whole," he said.
Bali police investigate after Australian man and children found dead in home
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Oil Climbs Toward $100 a Barrel Following Houthi Attacks
India faces higher oil import costs as crude prices surge on West Asia supply risks. India, a major oil importer, faces pressure on its trade balance and currency. Rupee falls 25 paise to 95.33 against US dollar in early trade Thursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices.
Trump Rejects Talk of A.I. Regulation and Calls Out Anthropic’s CEO
Trump calls AI risks a 'hoax,' says there is a 'SICK conspiracy' against AI and data centers. Trump characterized concerns about AI safety as a “hoax,” while telling Huang that the U.S. had to beat China in AI innovation. Trump suggested that those calling for guardrails on the technology had also warned about climate change.
Trump phones Nvidia’s Huang at All-In Summit, calls data center opposition a ‘hoax’
Trump calls Nvidia CEO Jensen Huang during all-hands meeting. Huang sits on Trump’s council of science and technology advisers. Trump: “We’re going to make sure that everybody wins in the AI race in America. The AI will not be taking over the rest of the world.
Russian Businessman With Putin Ties Paid for Donald Trump Jr.’s Wedding Party
A spokesperson for Trump Jr. told ProPublica that Kremlev is a "personal friend of Don" and "not someone he has a business relationship with" The men met through a mutual friend in the U.S., the spokesman said. The press office described KremLev as a businessman and philanthropist, adding that he has never discussed political matters.
Broadcom CEO addresses Anthropic's slowdown push, says AI revenue targets haven't changed
OpenAI has confidentially filed its IPO prospectus. CEO Sam Altman said in an interview that, "Right now would be an ill-advised moment to go public" OpenAI has been under fire in recent months after its models escaped containment, accessed the open internet and breached open-source developer platform Hugging Face.
Ukraine says it's open to halting attacks on Russian energy after Trump's claims of deal
IAEA chief says agency stands ready to support Riyadh as it develops nuclear power. Saudi Arabia has pursued plans to develop nuclear energy, but domestic uranium enrichment has long been one of the most sensitive issues in any potential nuclear cooperation agreement with Washington. U.S. Energy Secretary Chris Wright said Monday there are no plans for uranium enrichment in Saudi Arabia.
British Man Pleads Guilty to Drugging and Raping Wife Over 20 Years
UK man pleads guilty to drugging and raping his wife for 20 years. He has now pleaded guilty to a total of 60 offenses. Twelve other men, aged between 28 and 74, are also accused of sexual offenses against the same woman. The men have denied all of the charges against them.
As Supreme Court Weighs Trump Mail Ballot Plan, Another Judge Blocks It
The decision allows states to continue sending out mail ballots under the same processes they’ve used for years. Lower courts agreed and blocked Trump’s plan, including a preliminary injunction issued by a judge nominated by the president. The Trump administration appealed to the Supreme Court, arguing that federal control of the Postal Service allows them to set rules for mail ballot handling.
Saudi Arabia’s Oil ‘Lifeline’ Was Attacked. Here’s What to Know.
Yemen's Houthi rebels have captured a strategic island in the Bab el-Mandeb Strait. The move brings them within 50 miles of the Strait of Hormuz. The Strait is a vital artery for Saudi Arabian oil exports as the U.S.-Iran war rages. The Houthis have also captured the remainder of Yemen's Red Sea coast.
Moses was killed in a car crash on his way home from work. He was one of several people killed in the crash, including a woman who was killed by a drunk driver. He is remembered as one of the first people to help the victims of the crash. He also was the first person to offer his condolences to the family.
Saudi Oil Exports Face Heightened Threats After Attacks on Pipeline
Goldman Sachs has raised its Brent and WTI crude price forecasts by $5 a barrel for December 2026 and 2027, citing prolonged Middle East shipping disruptions. JPMorgan sees Brent crude could rise to $120 a barrel if Mideast shipping disruptions intensify, while JPMorgan sees $100 a barrel.
Saudi Arabia and Yemen’s Houthis Edge Back to the Brink of War
Yemen's Houthi rebels seized more islands in the strategically crucial Bab al-Mandab Strait and now control the west coast of the country. The Saudis went so far as to pursue a mutual defense treaty with the United States and the possibility of normalization with Israel. The Houthis called us, and they don't want to fight with us.