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Andrew Bailey warns G20 members about risk of cyber-disruption spreading ‘across jurisdictions’
Dan Driscoll latest senior military figure to quit, leaving a vacuum at top of the American armed forces
Sen. Ed Markey (D-MA) is all but certain to secure a third term in the November general election after clinching the Massachusetts Senate Democratic primary Tuesday against the younger, more centrist Rep. Seth Moulton (D-MA). The race was called for Markey at 8:31 p.m. by the Associated Press. He garnered 74.1% to Moulton’s 25.9% with […]
Global bonds fell, pushing yields to multi-decade highs, as concern over quicker inflation boosted bets on a Federal Reserve interest-rate hike this month. Oil climbed as geopolitical tensions flared
The Defense Ministry wants more drones and missiles, but the pace of spending increases might look slow to Washington
We are back in Jackson Hole! And this year's Federal Reserve Bank of Kansas City symposium on monetary policy marks the first under new Fed Chair Kevin Warsh, and Fed observers all over the world will be closely watching his Friday speech for signs of how he might further distinguish himself, and the institution, from the Powell era. This meeting at Jackson Hole also comes at a fascinating and tense time for monetary policy in the US and abroad: high bond yields, above-target inflation, and AI's still unrealized effect on broader parts of the economy. We speak with Jeffrey Schmid, the president and CEO of the Kansas City Fed, about what to expect and he also shares his thoughts on the wave of baby boomer retirements and how it’s affecting the labor force, his recent FOMC votes, and he explains why this symposium is so focused on payments. See Odd Lots Live in LA September 2026 https://events.bloombergevents.com/event/ODDLOTSLA/summary (Source: Bloomberg)
A federal appeals court ruling Tuesday could erase a new midterm advantage for Republicans. Why it matters: The 2-1 ruling would block Republicans from using cash-rich party committees to buy more political TV ads at discounted rates. Republicans plan to appeal the decision, setting up another high-stakes campaign finance fight as the fall ad wars heat up ahead of November. Driving the news: The U.S. Court of Appeals for the Fourth Circuit ruled the FCC was wrong to extend discounted candidate broadcast rates to political parties and joint fundraising committees that include non-candidate groups for ads they coordinate with candidates. The rates paid by super PACs and other outside groups are often several times higher than candidate rates.The case was brought by four Democratic candidates running this cycle — Sen. Jon Ossoff (Ga.), former Sen. Sherrod Brown (Ohio), former Gov. Roy Cooper (N.C.) and Rep. Kristen McDonald Rivet (Mich.)The U.S. Supreme Court in June struck down limits on how much committees can spend in coordination with campaigns. Between the lines: Republicans believed the Supreme Court decision, paired with FCC guidance extending candidate rates to certain coordinated ads, would allow party committee cash to stretch further. The ruling applied to both parties.But while Democratic candidates generally have stronger grassroots fundraising, Republican Party committees have amassed larger war chests, fueled by megadonorsRepublicans believed the Supreme Court decision, paired with FCC guidance, allowed party committee cash to stretch further by accessing lower rates reserved for candidates. What they're saying: "Put plainly, today's ruling makes clear that lowest unit rate is an exclusive right given to candidates and incumbent campaigns and that is the law of the land," DSCC executive director Devan Barber and DCCC executive director Julie Merz said in a joint statement. "Democratic candidates' strong grassroots fundraising amplifying the voice of ever
Meta settles $16.68bn lawsuit over child addiction claims, agreeing to major changes in Facebook and Instagram features
US President Donald Trump has threatened ‘economic D-Day’ on any countries that help or do business with Iran
In a key clinical trial, patients who got the pill, daraxonrasib, lived twice as long as those who got chemotherapy
The Justice Department on Wednesday said it shut down several platforms linked to China that hacked the Senate and multiple government agencies. Officials said a Chinese company linked to the Beijing government hacked into multiple federal agencies, including the Federal Reserve, National Institutes of Health, National Aeronautics and Space Administration, and the Departments of Justice, […]
The Wall Street Journal and CBS News reported CIA Director John Ratcliffe aimed to dissuade Russia from attacking NATO members amid US intelligence assessments that Moscow could seek to test the alliance