Source: CBS News
“The Federal Reserve held interest rates steady on Wednesday after hiking borrowing costs in September to clamp down on inflation. The central bank left the federal funds rate at a target range of 3.75% to 4%, keeping it unchanged after raising rates last month for the first time in three years. In a statement, the Fed said economic activity is growing at a ‘strong pace’ while acknowledging that inflation remains elevated.” (10/28/26)
https://www.cbsnews.com/news/federal-reserve-holds-interest-rates-steady-inflation/
Source: Adam Smith Institute
by Madsen Pirie
“What does Jeff Bezos add to my life? And Elon Musk? and Mark Zuckerberg? and Steve Jobs? and Jimmy Wales? Jeff Bezos gave me the everything store. … Elon Musk made electric cars desirable rather than dutiful. … Mark Zuckerberg gave me free tools to keep in touch with almost anyone I’ve ever met. … Steve Jobs put a powerful computer in my pocket and made it simple enough for a child or a grandparent. … Jimmy Wales gave me the largest encyclopedia in history, free, ad-free, and in hundreds of languages. … The striking point is how little of this value the founders keep. The economist William Nordhaus estimated that innovators capture only around two percent of the social value their innovations create.” (10/28/260
https://www.adamsmith.org/blog/what-have-the-tech-giants-ever-done-for-us
Source: Transport Topics
“The U.S. military said vessels that have no need to move between ports in the Gulf of Oman and the Strait of Hormuz should stay away, as tensions ratchet up in the region. ‘Due to the current geopolitical situation, vessels which do not need to transit the area are advised to remain well clear to avoid unnecessary delays to their voyage,’ the U.S. Naval Forces Central Command said in an advisory on Oct. 28 issued via the Joint Maritime Information Center. … It remains unclear what prompted the advisory. The U.S. military last publicly issued a similar notice in mid-July, when it began its blockade of Iranian shipping.” (10/28/26)
https://www.ttnews.com/articles/us-ships-avoid-hormuz
Source: The American Conservative
by Ted Galen Carpenter
“Moscow’s anger and frustration is rising, as indicated by the mounting number of incidents in the gray zone category in recent months. Yet policymakers on both sides of the Atlantic appear to have given little thought to the likely consequences of even a sustained, limited war in their countries. The ugly reality is that the impact would be highly disruptive at best—and catastrophic at worst. To the extent that experts examine the issue at all, they usually focus on the least likely scenario: a full-scale nuclear war between Russia and NATO. … But what if Russian or NATO leaders conclude that it’s possible to wage a limited war without either side resorting to the thermonuclear option? (10/28/26)
https://www.theamericanconservative.com/a-non-nuclear-nato-russia-war-would-still-be-disastrous/
Source: Politico
“President Donald Trump demanded Wednesday that Democrat Mary Peltola be removed from Alaska’s Senate ballot following a report linking her campaign to a secret effort to peel away votes from Republican Sen. Dan Sullivan by recruiting a candidate of the same name. With less than a week before the midterms, the report intensified a fight over the competitive Senate race, drawing condemnation from Republican Sen. Lisa Murkowski and a warning from Attorney General Todd Blanche that the Justice Department could take further action. … The president’s comments come after The New York Times reported Wednesday that Peltola campaign aides and officials with the Democratic Senatorial Campaign Committee participated in a monthslong operation to recruit another Dan Sullivan and other potential spoilers to the ballot in Alaska.” [editor’s note: Dirty trick? Sure. But in what universe is it illegal to recruit candidates for public office? – TLK] (10/28/26)
https://www.politico.com/news/2026/10/28/trump-murkowski-peltola-alaska-ballot-01140131
Source: Antiwar.com
by Nolan Denaro
“Crude oil prices have once again risen above $100 a barrel. The national average for gasoline is hovering above $4. With Republicans nationwide being burdened by the stench of incumbency – regardless of whether or not the individual candidate is currently in office – a return-to-power seems all but imminent for the Democrats in the House of Representatives, and maybe even the Senate as well. This is even true in ‘Trump Country.'” (10/28/26)
https://original.antiwar.com/nolan_denaro/2026/10/27/the-war-in-iran-comes-home-to-trump-country/
Source: Town Hall
by Sally C Pipes
“The midterms are approaching fast, and polls paint a grim picture for Republicans. GOP candidates are struggling to win over voters concerned about healthcare costs. Since President Trump returned to office, congressional Republicans have enacted several significant healthcare reforms. Some aim to restrain government spending. Others could put more money in patients’ pockets, expand their control over healthcare expenses, or address practices that contribute to high prices. Consider the Medicaid reforms included in last year’s Working Families Tax Cut legislation. Medicaid spending more than doubled between 2010 and 2024, rising from $397 billion to $932 billion. The new law seeks to restrain that growth, in part by requiring certain working-age beneficiaries to work, volunteer, or participate in education or job training for at least 80 hours per month to maintain their coverage.” (10/28/26)
https://townhall.com/columnists/sallycpipes/2026/10/28/republicans-can-tout-a-record-of-healthcare-reform-this-november-n2685425
Source: Yahoo! News
“Brazil’s defeated right-wing presidential candidate Flavio Bolsonaro arrived at a Miami-area airport on Wednesday, after the US State Department said it would issue visas to him and his family following his loss to President Luiz Inácio Lula da Silva in Sunday’s runoff election. … Bolsonaro’s arrival in the United States follows conflicting reports about his movements after leaving Brazil despite a court order banning him from travelling abroad. … Bolsonaro, who received tacit support from US President Donald Trump, is under investigation in Brazil for alleged corruption, money laundering and tax evasion. He was ordered to surrender his passport and is expected to lose his parliamentary immunity following his election defeat.” (10/28/26)
https://www.yahoo.com/news/us/articles/flavio-bolsonaro-arrives-miami-fleeing-172228550.html
Source: The Hill
“Robby Soave gives his radar on a proposal from Washington DC City Council member Robert White to keep landlords from evicting tenants who fail to pay rent.” (10/28/26)
https://thehill.com/hilltv/6168269-rising-october-28-2026/
Source: Wired
by Miles Klee
“Online spaces are captured by oligarchs and saturated with slop—and they’re exacerbating humanity’s worst impulses. It’s time to start over.” (10/28/26)
https://archive.is/owOv5
