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Fed Seen Driving Interest-rates Higher To Beat Back Inflation

Illustration shows plastic letters arranged to read "Inflation" are placed on U.S. Dollar banknote
The Federal Reserve is seen delivering another large interest-rate hike in three weeks' time and ultimately lifting rates to 4.75%-5% by early next year, after a government report showed inflation remained stubbornly hot last month despite a historically fast pace of Fed rate rises so far this year.
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Shoppers line up before opening at a Costco store, following reports of coronavirus disease (COVID-19) cases in the country, in Seattle

When The AI Goes Haywire, Bring On The Humans

Used by two-thirds of the world's 100 biggest banks to aid lending decisions, credit scoring giant Fair Isaac Corp and its artificial intelligence software can wreak havoc if something goes wrong.
Lawyer Cleta Mitchell speaks during a Capitol Hill hearing

'Stop The Steal' Supporters Train Thousands Of U.S. Poll Observers

Inside the El Paso County clerk's office in Colorado, where officials had gathered in July to recount votes in a Republican nominating contest for this year's midterms, dozens of angry election watchers pounded on the windows, at times yelling at workers and recording them with cell phones.
Asylum-seeking migrants from Venezuela cross the Rio Bravo river to turn themselves in to U.S. Border Patrol agents to request asylum in El Paso, Texas, U.S., as seen from Ciudad Juarez

U.S. To Expel Venezuelan Migrants To Mexico Under Joint Plan

U.S. and Mexican officials have agreed to a plan to curb rising numbers of Venezuelans crossing their shared border that will enable the United States to expel Venezuelans to Mexico while also granting humanitarian access to thousands of them by air.
A man examines "Self-Portrait" by Andy Warhol during a media preview at Christie's auction house in New York

U.S. Supreme Court Hears Arguments In Andy Warhol Copyright Dispute

The U.S. Supreme Court on Wednesday began hearing arguments in a copyright dispute between a photographer and Andy Warhol's estate over the famed artist's paintings of rock star Prince in a case that could help set boundaries for artistic works that draw upon other material.
Russian President Putin meets with journalists in Tehran

Putin Moots Major Gas Hub In Turkey With Nord Stream Supplies

President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord Stream pipelines to the Black Sea to create a European gas hub in Turkey, or even use the one intact part of Nord Stream 2 to supply the EU.

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