Fed Chair Kevin Warsh Delivers First Jackson Hole Keynote With 30-Year Treasury Yield at Its Highest Since 2007
Warsh, sworn in May 22, 2026, spoke at 10 a.m. ET Friday with headline CPI inflation at 3.4%, core CPI at 2.5%, and futures markets split on whether the Fed's next move is a rate hike.
U.S.
FEMA Approves Major Disaster Declaration for Indiana; 21 Counties Get Individual Aid, 11 Get Public Aid
Gov. Mike Braun asked for 54 counties; the declaration signed August 25 covers 21 for household aid and 11 for infrastructure repair, following a separate 53-county federal emergency declaration on August 15.
Alex Pretti's Family Gives First TV Interview Seven Months After He Was Killed by Federal Agents in Minneapolis
Relatives of the ICU nurse and U.S. citizen shot on Jan. 24 said they want accountability; no criminal charges have been publicly announced against the two agents who fired, and state and federal investigations remain open.
National Guard Deployment in Washington Reaches One Year, With 3,807 Troops in the City as of August 2026
Troops have been ordered to stay through January 20, 2029, and commanders say patrols now reach all eight wards rather than only downtown and the National Mall.
Justice Department Files Notice of Appeal in Epstein Files Unredaction Case
The department filed what it called a "protective notice of appeal" on August 24 against Judge Emmet Sullivan's June 25 injunction ordering it to remove redactions from certain Epstein records.
11th Circuit Vacates 2023 Ruling Against Georgia's 2021 Voting Maps, Orders District Court to Reapply New Supreme Court Test
A unanimous three-judge panel wiped out the injunction and sent the case back for a fresh look under Louisiana v. Callais; Georgia's district lines will not change before the November 2026 elections.
New York City Says a 41-Year-Old Detainee Died at Rikers Island on Aug. 25, the Seventh Death in Department of Correction Custody in 2026
The city Department of Correction said Clarence Woodward was found unresponsive at the Robert N. Davoren Center five days after another detainee died at a Bellevue jail unit, and the cause of death has not been released.
N.C.
North Carolina's Aug. 27 Drought Map Lifts Dry Designations in Parts of Onslow and Jones Counties While Most of the State Stays in Drought
State environmental officials say recent rain helped a few areas, but part of Brunswick County remains in the map's most severe category and conditions worsened in parts of Edgecombe and Halifax counties.
National Weather Service Forecasts 50-60 MPH Wind Gusts and Localized Flooding for Eastern North Carolina on Friday, at Level 1 of 5 Severe-Storm Risk
Forecasters put the region's main storm window at roughly 2 p.m. to 8 p.m. Friday, with heavy rain the leading concern and the Outer Banks outside the zone flagged for the highest flash-flood risk.
NC Announces $375,000 Grant for Boater's World Plan to Add 179 Jobs at Chocowinity Boat Plant
Gov. Josh Stein's office says Boater's World Manufacturing Group will spend more than $6 million on the former NauticStar/Fountain site in Beaufort County, with a state grant paid only if hiring targets are met.
Fauci Diary Entry Says Cooper Called Him on June 29, 2020, Two Days Before North Carolina Delayed a School Reopening Decision
A diary page released by the Senate Homeland Security Committee describes a 45-minute call in which Fauci says he advised then-Gov. Roy Cooper to delay for two weeks; Cooper, now the Democratic Senate nominee in North Carolina, delayed on July 1, 2020.
Nash County Deputies Charge 14-Year-Old Girl With Threatening Mass Violence at Southern Nash High School
The Nash County Sheriff's Office, working with the State Bureau of Investigation, says it identified and charged a 14-year-old public school student over an online post threatening Southern Nash High School, and is seeking a court order to hold her in juvenile detention.
Finance
Weekly Jobless Claims Fell to 203,000 in the Week Ending Aug. 22, Below the 208,000 Forecast
The Labor Department's Aug. 27 release came a day before the annual benchmark revision to payrolls and Fed Chair Kevin Warsh's first Jackson Hole speech.
Nvidia Agrees to Buy AI Model Hub Hugging Face for $12.9 Billion, The Information Reports
Neither company has confirmed the deal, which several outlets matched on Aug. 27, 2026, and which would be Nvidia's largest acquisition to date.
U.S. Weighs About 7.5% "Overcapacity" Tariff on Chinese Goods Before Sept. 24 Trump-Xi Meeting
Bloomberg reported the Trump administration may publish results of a Section 301 excess-capacity investigation and add roughly 7.5% in duties, a level officials believe stays inside the 20% ceiling set by the U.S.-China trade truce.
CrowdStrike Reports $1.47 Billion in Quarterly Revenue and Raises Full-Year Outlook; Shares Rise About 11% After Hours
The cybersecurity company said revenue for the quarter ended July 31, 2026 rose 26% and that it added a record $332.8 million in new annual recurring revenue, while analysts remain split over whether the growth justifies the stock's price.
Nvidia Reports $96.2 Billion in Quarterly Revenue, Forecasts $108 Billion for the Current Quarter
The chipmaker's fiscal second-quarter sales rose 106% from a year earlier, and executives told analysts they expect about 70% revenue growth in fiscal 2028, while also guiding gross margins lower on rising memory costs.
Salesforce Reports 10.8% Revenue Growth and Raises Fiscal 2027 Outlook; Shares Rose 12% to 14% in After-Hours Trading
The company said Agentforce annual recurring revenue passed $1.5 billion, while most of its $300 million guidance raise came from two pending acquisitions rather than existing products.
World
Russia Strikes Nine Ukrainian Cities Overnight; Kyiv Air Force Says It Downed Seven Ballistic Missiles
Ukraine's air force reported intercepting seven ballistic missiles and about 90% of incoming drones as Kyiv logged a record 13 air raid alerts in 24 hours on August 27; Russia's Defense Ministry said it hit ports, steelworks and a refinery.
At Least Three Killed in Israeli Strikes in Gaza as Netanyahu and Katz Threaten to Evacuate Areas Where Kites Are Launched
The strikes came while the U.S.-backed 15-point Gaza roadmap remains unimplemented and envoy Jared Kushner shuttles between Israeli and Hamas leaders over whether disarmament or withdrawal comes first.
WHO Reports Ebola in 57 of Congo's Health Zones; 5,713 Cases and 2,744 Deaths as of Aug. 25
The Democratic Republic of the Congo's outbreak is caused by Bundibugyo virus, a strain with no licensed vaccine or drug, and has drawn U.S. entry restrictions and disputes over the effect of 2025 foreign-aid cuts.
Sudan's Army Secures Kordofan Export Road as RSF-Led Forces Take Geisan and Kurmuk; IOM Counts More Than 200,000 Newly Displaced in Kordofan
The Sudanese army holds a rebuilt supply corridor to El Obeid while RSF and SPLM-N forces seize two Blue Nile border towns, as the U.N. migration agency reports mass new displacement and U.S. truce talks stall over troop withdrawals.
Argentina's 2026 Growth Forecast Cut to 2.7% as Central Bank Slows Dollar Buying to Its Lowest Monthly Pace of the Year
Private economists lowered their 2026 growth estimate from 3.5%, and the central bank bought about US$486 million in August while its reserves hit a Milei-era high near US$51 billion; Argentina's next national election is in October 2027.
Iran Blocks IAEA Access to War-Damaged Nuclear Sites; Pezeshkian and Putin Set to Meet at Aug. 31 SCO Summit
Iran's atomic chief said the U.S. and Israel are pushing the UN watchdog to inspect bombed sites, while Tehran and Moscow keep working on a $25 billion nuclear plant contract signed in September 2025.
Analysis
Unbiased, evergreen deep-dives on the bigger questions — not breaking news.
What Fauci's Released Diary Documents About the U.S. COVID-19 Response — and What It Leaves Unresolved
A 1,141-page personal diary released by Sen. Rand Paul's committee is roughly one-third routine administrative logging; a minority of entries bear directly on contested questions, and a few conflict with contemporaneous public statements.
Eight Months of Mamdani: What New York's Record Actually Shows, and What It Cannot Yet Show
A claim-by-claim audit of what Zohran Mamdani has delivered, how New Yorkers judge it, and what the evidence does and does not license anyone to conclude about the rest of the country.