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Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
27% of Singtel SDS Holders Sold Shares Ahead of Nov 21 Transfer
27% of Singtel SDS holders sold shares by August 31 as CPF Board transfer nears November 21. 180 million shares sold total, with most sellers lacking individual CDP accounts.
Nadine Walters Cake Scandal: $7 Woolies Mud Cakes Sold for $180, September 17
Nadine Walters, a Victorian home baker, faces backlash after customers discovered she was selling decorated Woolworths mud cakes for $180. Multiple complaints cite cat hair, late deliveries, and refused refunds.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.
Gina Rinehart Becomes Top Shareholder in Son’s Copper Explorer, September 17
Gina Rinehart’s Hancock Prospecting invests AU$8.7 million for 13.5% of White Cliff Minerals, overtaking her estranged son John Hancock as top shareholder. WCN stock surged 17.7% on the news.
Intersex Woman’s 30-Year Fight for Medical Answers Highlights Australian Surgery Concerns
An intersex Australian woman spent 30 years seeking answers after doctors removed her gonads shortly after birth. Her case raises questions about informed consent and medical records access.
White Cliff Minerals Surges 17.7% as Rinehart Invests A$8.7M
Gina Rinehart’s Hancock Prospecting invests A$8.7M in White Cliff Minerals, acquiring 13.5% stake. WCN shares surge 17.7% as copper explorer gains backing from Australia’s richest person.
Apple iOS 27 Launches With Siri AI Beta and Subscription Limits on September 15
Apple iOS 27 now available with redesigned Siri AI in beta. New AI features require iCloud+ subscriptions up to $59.99/month for multiple cameras. iPhone 18 Pro launches September 18.
Social Security COLA forecast for 2027: 3.5% increase means $68 more per month
Social Security COLA forecast for 2027 projects 3.5% increase, raising average monthly checks by $68. Official announcement set for October 14 after inflation data release.