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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.
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.
Harper Backs Canada’s Trade Pivot as EU Offers Associate Membership
Stephen Harper says Canada had no choice but to abandon US trade talks. PM Carney seeks EU alliance and unveils $36B tax incentive to attract $1 trillion in investment over five years.
EU Offers Canada First-Ever ‘Associate Member’ Status Amid US Trade Tensions
EU offers Canada unprecedented ‘associate member’ status as trade war with US intensifies. Von der Leyen and PM Carney announce closer ties on energy, AI, defence and critical minerals.
FBI Director Patel Defends Removing Bestiality Bar for Job Applicants
FBI Director Kash Patel defended a policy change removing bestiality as an automatic disqualifier for job applicants, saying it protects trafficking victims coerced into such acts.
UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
NSW Parents Push for Tougher Hit-Run Laws After Son’s Death
Bryson Dimovski’s parents demand tougher NSW hit-and-run laws after their 14-year-old son was struck by a car and left to die for six hours. Driver Jaycob Gemza sentenced to five years.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.