Federal Reserve Chairman Kevin Warsh, speaking at the Jackson Hole economic symposium, highlighted the Fed's commitment to controlling inflation and indicated that interest rate hikes may be necessary if inflation does not trend towards the 2 percent target. He noted that the current PCE inflation rate is 3.7 percent and emphasized the importance of maintaining stable inflation expectations.
On August 28, 2026, President Trump shared an update regarding the Lincoln Memorial Reflecting Pool on Truth Social. He quoted Interior Department official Greg Wischer, who indicated that the project was progressing well and would be open in a few weeks.
U.S. military personnel intercepted three drones using a high-energy laser system along the southern border on August 28, 2026. The Joint Task Force — Southern Border utilized the Army Multipurpose High Energy Laser (AMP-HEL) system, citing threats posed by cartel networks using drones for illicit activities. The military has been exploring high-energy lasers as a cost-effective alternative for countering drone threats.
On August 28, 2026, President Donald Trump signed an executive order to create the U.S. Space Academy, which will prepare students for the U.S. Space Force and support NASA. The announcement was made during an event at NASA's Johnson Space Center, where Trump also awarded the Congressional Space Medal of Honor to the Artemis II astronauts.
President Donald Trump signed an executive order on August 28, 2026, to establish the U.S. Space Academy, which will serve students aspiring to join the U.S. Space Force and support NASA and the civilian spaceflight industry. The event also included the awarding of the Congressional Space Medal of Honor to the Artemis II crew, who completed a mission around the moon earlier in April 2026.
A federal judge has denied President Trump's request to move his criminal conviction case from New York state courts to federal court. The judge's ruling comes as Trump cited presidential immunity in his defense against charges stemming from a 2016 hush money payment.
GSA employees have relocated to the Theodore Roosevelt Federal Building amid reports of poor conditions, including mice and a damaged ceiling. The move follows significant workforce changes initiated by the Department of Government Efficiency, which has affected thousands of federal workers since January 2025. GSA leadership has stated that employees will remain in the new building until December 2028 while their previous office undergoes renovations.
Crown Prince Haakon has become King Haakon VIII of Norway following the death of his father, Harald V. His ascension comes amid challenges to the monarchy's reputation, including controversies surrounding his wife's past and his stepson's legal issues. Haakon aims to stabilize the royal family's public image while continuing the monarchy's ceremonial role in Norway.
New York Governor Kathy Hochul is facing criticism and legal challenges over a law that limits local law enforcement's cooperation with ICE. Nassau County Executive Bruce Blakeman has condemned the law, claiming it endangers public safety and has led to a lawsuit from a coalition of sheriffs. Hochul's administration defends the law, asserting it does not prevent local police from addressing violent crime.
California's housing rebuilding efforts in areas affected by the January 2025 wildfires face legislative challenges, particularly with the proposed SB 1090, which seeks to suspend existing pro-housing laws. The ongoing debate highlights the tension between local control and the need for increased housing supply in a region with a significant housing shortage. As rebuilding progresses slowly, the implications of these legislative actions could shape the future of housing in California.
Canada's economy grew at an annualized rate of 3.3 percent in the second quarter of 2026, following a revised 0.3 percent increase in the first quarter. This growth was attributed to strong domestic demand and exports, despite the introduction of new tariffs by the United States, which has created uncertainty for future economic performance.
Federal Reserve Chair Kevin Warsh has stated he will not offer forward guidance on future monetary policy decisions. Meanwhile, most investors are predicting a rate increase in September 2026 due to ongoing inflation concerns.
A federal judge ruled that the Pentagon's designation of Anthropic as a supply chain risk was illegal, stating that the actions were based on the company's criticism of the Department of Defense. The ruling is expected to be appealed by the government. The case highlights ongoing debates about the use of AI in military contexts.
A judge has ruled to exclude a key confession in the case against Khalid Shaikh Mohammed, who is accused of plotting the September 11 attacks. The ruling is part of the legal proceedings at Guantánamo Bay.
A judge has ruled to exclude a key confession from Khalid Shaikh Mohammed, who is accused of plotting the September 11 attacks. The decision impacts the ongoing legal proceedings against him.
California Governor Gavin Newsom will begin a four-day tour of Southern states next week, covering three states and ten counties. This tour, named the "Take it Back Tour," is set to start on Wednesday, with South Carolina being the first destination.
The Druze minority in Sweida, Syria, remains the only group not to accept the central government's authority after the Kurdish community dissolved its autonomous governance. The shift in Kurdish control is expected to impact the Druze's plans for a decentralized Syria. Experts note a significant erosion of trust in the Syrian government following violent clashes, and the future of the Druze community may depend on external influences, particularly Israel's role in negotiations.
Nicolay Mladenov, high representative for the Board of Peace, warned in an interview with Al Jazeera that the failure to adhere to the peace roadmap could lead to a collapse of the ceasefire in Gaza. He noted that ongoing Israeli raids and attacks threaten security and humanitarian arrangements, while also discussing the deployment of the International Stabilization Force and reconstruction pledges amounting to $7 billion. The situation remains tense, with ongoing violations of the ceasefire and unresolved political dynamics.
Recent observations by scientists indicate that flesh-eating bacteria are spreading to regions that were once too cold for their survival. This development highlights potential changes in environmental conditions.
Ukraine has reinforced its defenses in Donetsk as Russia intensifies efforts to capture Sloviansk. The Ukrainian military is shifting its strategy to target Russian ballistic missile production using European weaponry, while also disrupting supply lines. Recent reports indicate significant Russian casualties and territorial losses, alongside ongoing strikes on both military and civilian infrastructure.
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