Donald Trump

Speaker of the House Mike Johnson, R-La., speaks with reporters outside of his office on Capitol Hill, Wednesday, Sept. 16, 2026, in Washington. (Photo: AP)

US House approves sweeping Russia sanctions bill, sending it to Trump

WASHINGTON, September 17, 2026 (AP) — The U.S. House on Wednesday passed a broad package of sanctions targeting Russian officials and key pillars of its economy as lawmakers look to deprive President Vladimir Putin of the financial resources needed to wage the war against Ukraine. The bill is named after the late Sen. Lindsey Graham

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Federal Reserve Board Chairman Kevin Warsh speaks during a news conference at the Federal Reserve in Washington, Wednesday, Sept. 16, 2026. (Photo: AP)

Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut

WASHINGTON. September 17, 2026 (AP) — The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year. The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over

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PM has decided to prostrate before Trump: Rahul on ‘UPI tax’
Lok Sabha Leader of Opposition and Congress MP Rahul Gandhi (Photo: PTI)

PM has decided to prostrate before Trump: Rahul on ‘UPI tax’

New Delhi, Sep 16 (PTI) Prime Minister Narendra Modi has decided to “prostrate” before US President Donald Trump and give a huge amount of money to America, Congress leader Rahul Gandhi alleged on Wednesday and demanded a rollback of the government’s decision to levy a fee on UPI payments. In a video posted on X,

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Federal Reserve Board Chairman Kevin Warsh attends an observance ceremony on the 25th anniversary of the 9/11 attacks, Friday, Sept. 11, 2026, at the Pentagon in Washington. (Photo: AP)

Warsh likely to side with financial markets over Trump as Fed rate hike expected

WASHINGTON, September 16, 2026 (AP) — Barely four months into the job, Federal Reserve Chair Kevin Warsh is stuck between two strong and opposing forces: Financial markets that anticipate the central bank will raise interest rates, and President Donald Trump, who wants the Fed to cut them or leave them unchanged. Economists expect that on

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