Federal Reserve Raises Interest Rates to 3.75%-4%, First Hike Since 2023 The Federal Reserve lifted its benchmark interest rate by a quarter point last week, its first increase in three years, with Chair Kevin Warsh signaling more tightening could follow into 2027. Full story → · 3 sources
Wall Street's AI-Driven Rally Pushes Nasdaq to New Records Stocks closed out the week with the Nasdaq at a fresh record high, powered by another surge in chipmakers and excitement over Meta's new Muse AI agent, even as the Dow slipped. Full story → · 5 sources
Philippine Senate Lowers Conviction Threshold in VP Sara Duterte's Impeachment Trial The impeachment trial of Philippine Vice President Sara Duterte reached its 29th day, with her defense team weighing a Supreme Court appeal after senator-judges voted to lower the threshold needed to convict her. Full story → · 4 sources
Diplomatic Fallout From the Iran Conflict Continues to Ripple Across the Region Weeks after strikes tied to the conflict involving Iran, diplomatic aftershocks are still spreading, from expelled diplomats in Sweden to new trade sanctions, even as investors watch for signs of de-escalation. Full story → · 4 sources
World Leaders Convene in New York for UN General Assembly as Ukraine War, AI Rules Dominate Talks As heads of state gathered in New York for UN General Assembly week, overnight missile and drone attacks hit several Ukrainian regions, while leaders sparred over how to govern artificial intelligence and reform the Security Council. Full story → · 2 sources
Berlin State Election Result Offers a Contrasting Political Signal in Germany The Left party won this week's state election in Berlin, a result reported to stand in contrast to recent gains by a far-right party in eastern German states. Full story → · 1 sources
European Commission Proposes €489 Million in Storm Recovery Aid for Four Countries The European Commission has proposed mobilizing €489 million to help Portugal, Spain, Italy and Malta recover from severe storms and flooding earlier this year. Full story → · 1 sources