Headline News from The Associated Press Headline News from The Associated Press

AP NewsCast 3pm EDT

Sep 16, 2026 · 2m

Summary

The Federal Reserve raised interest rates for the first time in three years, a move criticized by President Trump and Senate Minority Leader Chuck Schumer, while stocks mixed and retail sales rose. The report also covers a deadly collision in Los Angeles involving an SUV and a bus, a goldmine collapse in Sudan, and a meeting between Canadian and British leaders. Additionally, an analysis reveals $177 billion in federal grants have been cut or frozen, and former President Obama announced the death of his pet dog, Sunny.

Topics discussed

Fed raises rates, Trump criticism, and market updates LA bus crash and subsequent helicopter tragedy Sudan goldmine collapse and Carney-Burnham meeting Analysis of $177B in cut federal grants Obama dog Sunny's death and mastocytosis health segment M&M's Popped Caramel commercial Greenies Dental Treats commercial
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