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Nation and World

Fed chair Warsh says price stability is key but shies away from signals about rates

By ELAINE KURTENBACH
Oct 16, 2026 8:07 am - Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December.
US is reviving shuttered nuclear plants to meet growing electricity demand and to power data centers

By JENNIFER McDERMOTT
Oct 16, 2026 8:04 am - The United States is making an unprecedented attempt to revive three shuttered nuclear plants to meet rising energy demand, including from large-scale data centers.
Wholesale inflation reaches levels last seen in 2022

By CHRISTOPHER RUGABER
Oct 15, 2026 1:56 pm - Wholesale inflation rose more than expected last month on a big jump in fuel costs as rising prices become a bigger economic challenge for millions of Americans, and a growing political problem for Republicans in the upcoming midterm elections.
US consumers are muscling through higher prices, but for how long?

By CHRISTOPHER RUGABER
Oct 15, 2026 1:35 pm - High gas prices are intensifying inflation and vacuuming up more of Americans' dollars, yet consumers are still digging deep to spend, powering the economy, at least for now.
Ukraine resumes attacks on Russian oil refineries, officials say, as US relations teeter

By SUSIE BLANN
Oct 15, 2026 7:49 am - Ukrainian drones attacked a refinery in Russia’s Ryazan region early Thursday, hours after Ukrainian President Volodymyr Zelenskyy said that a brief truce spurned by Moscow was over amid deepening tensions with Washington.
Questions swirl about pope’s future and what he knew when praying at a French shrine famed for cures

By NICOLE WINFIELD
Oct 15, 2026 7:32 am - When Pope Leo XIV was elected after the pained finale of Pope Francis’ pontificate, there was hope that a younger, healthier pope would be able to guide the Catholic Church for quite some time before age and ailments slowed him.
Frustrated with Trump, voters overwhelmingly want change in Washington, an AP-NORC poll finds

By STEVE PEOPLES and LINLEY SANDERS
Oct 15, 2026 7:23 am - A strong majority of voters believe that President Donald Trump is falling short at home and abroad, and they want major change in the upcoming midterm elections, according to a new AP-NORC poll that raises serious warning signs for the Republican Party at a critical moment.
Social Security recipients to get 3.6% cost of living boost, an average of $75 per month

By FATIMA HUSSEIN
Oct 14, 2026 8:49 am - The Social Security Administration projected Wednesday that the annual cost-of-living adjustment for older adults and people with disabilities will go up by 3.6% beginning in 2027, with some recipients complaining that is not enough to offset soaring prices.
Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

By CHRISTOPHER RUGABER
Oct 14, 2026 7:56 am - U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections.
US hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws

By PAUL WISEMAN and FARNOUSH AMIRI
Oct 14, 2026 7:40 am - The U.S. Treasury Department said Tuesday that it’s imposing $1.2 billion in fines on Bank of America for allegedly violating anti-money laundering and sanctions laws.

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