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Federal Reserve Raises Interest Rates in Hawkish Move by Chair Kevin Warsh Amid Rising Inflation
Business News•September 28, 2026

Federal Reserve Raises Interest Rates in Hawkish Move by Chair Kevin Warsh Amid Rising Inflation

The Federal Reserve raised interest rates by a quarter-point in a move announced Wednesday, marking the central bank's first rate hike in over three years. Federal Reserve Chair Kevin Warsh delivered a hawkish message signaling openness to further hikes, as stubborn inflation driven by the ongoing war in Iran complicates monetary policy and tests the central bank's independence from the White House.

Ukrainian Man Pleads Guilty to East London Mosque Vandalism Linked to Russian Sabotage Network
UK News•September 28, 2026

Ukrainian Man Pleads Guilty to East London Mosque Vandalism Linked to Russian Sabotage Network

Illia Bilyk, a 21-year-old Ukrainian national, has pleaded guilty at Thames Magistrates' Court to five counts of racially and religiously aggravated criminal damage for spraying abusive graffiti on east London mosques. According to BBC reporting and police findings, the acts are tied to a broader Russian state-backed sabotage and provocation network that also directed arson attacks connected to former Prime Minister Sir Keir Starmer.

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