Fed Enacts First Rate Hike In Three Years As Inflation Persists
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Developing
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The Federal Reserve raised its benchmark federal funds rate 0.25 percentage point to a 3.75%-4.00% target range on Wednesday, September 16, 2026, marking its first increase in more than three years. CBS News
Census: 2025 Household Income Hit Record, Poverty Fell Before 2026 Safety-Net Cuts
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On Tuesday, September 15, 2026, the Census Bureau reported that 2025 median household income reached a record $87,460, a modest real-terms gain over the 2019 peak. CBS News
U.S. Widens Canada Trade Fight With Broad Import Bans And Federal Contract Restrictions
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Breaking
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President Trump on Tuesday, September 8, 2026, announced bans on many Canadian alcoholic beverages, dairy products and motorcycles and expanded 50% tariffs to dozens more items. Axios