Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'

CNBC - Sep 30, 2026

Kashkari sat down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.

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Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations
Sep 30, 2026

Fed’s Watchdog Finds No Misconduct or Illegal Activity in Costly Renovations

A new report by the Federal Reserve’s independent inspector general concluded that a nearly $2.5 billion construction project was poorly managed but made no referrals to the U.S. attorney general.

Trump’s New Tariffs Get a Familiar Day in Court
Sep 30, 2026

Trump’s New Tariffs Get a Familiar Day in Court

For the third time in less than two years, the Trump administration returned to court on Wednesday to defend its power to wage a punishing global trade war.

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices
Sep 30, 2026

E.E.O.C. Sues Harvard for Data on Diversity in Hiring Practices

The Equal Employment Opportunity Commission filed a lawsuit asking a judge to compel the university to provide information on hiring practices that the agency said discriminated against white men.

DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance
Sep 30, 2026

DeepSeek and Huawei Target a Key Source of Nvidia’s A.I. Dominance

In China’s push for self-reliance in artificial intelligence, DeepSeek and Huawei have teamed up to develop software tools for advanced chips.

Troubles at Situational Awareness Point to Record Stock Market Leverage
Sep 30, 2026

Troubles at Situational Awareness Point to Record Stock Market Leverage

A meltdown at Situational Awareness, an A.I.-focused investment firm, is raising tough questions about the Wall Street banks that lent billions to the upstart firm.

Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation
Sep 30, 2026

Sunkist Fruit Gems, Bar Mitzvah Staple, Get 2nd Chance After Discontinuation

The company said that Candyrific of Louisville, Ky., will produce the jelly candy that comes in a rainbow of colors and citrus flavors and is used in Jewish traditions.

Greggs to shut four factories and cut 740 jobs
Sep 30, 2026

Greggs to shut four factories and cut 740 jobs

The company says it needs to "keep evolving alongside changing customer expectations".

Trump Administration Prepares to Ask Tax Filers if They Are U.S. Citizens
Sep 30, 2026

Trump Administration Prepares to Ask Tax Filers if They Are U.S. Citizens

The new question, included on a draft version of the primary tax form, comes as part of an anti-immigrant turn at an agency that long prioritized tax administration.

Fed’s Preferred Inflation Gauge Points to Continued Price Pressures
Sep 30, 2026

Fed’s Preferred Inflation Gauge Points to Continued Price Pressures

The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than previously believed.

Household energy bills forecast to see biggest rise in four years
Sep 30, 2026

Household energy bills forecast to see biggest rise in four years

A typical household faces an annual gas and electricity bill of £1,999 from January, based on a key forecast.

X2, Troubled Six Flags Roller Coaster, to Close After Lawsuits
Sep 30, 2026

X2, Troubled Six Flags Roller Coaster, to Close After Lawsuits

The ride at Magic Mountain near Los Angeles has fueled lawsuits claiming that it had caused brain injuries, including two that were fatal.

The volunteers baking birthday cakes for children
Sep 30, 2026

The volunteers baking birthday cakes for children

The Hampshire group says it has seen a rise in demand and it needs more volunteer bakers.

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