August 29, 2026
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1:56:45Now PlayingInflation remains stubborn, and Federal Reserve Chair Kevin Warsh is now signaling that additional interest-rate hikes may be necessary. What could that mean for your wallet — and could the economy become a major factor in the upcoming midterm elections?
PLUS TODAY:
🚨 DOJ CRACKDOWN: Federal authorities charged 81 alleged members of the Los Baja Deo gang in Puerto Rico, with 70 defendants arrested in the takedown.
⚖️ LINDSAY CLANCY TRIAL: The case is now in the hands of the jury after emotional closing arguments. Reports from inside the courtroom say at least one juror became visibly emotional during the prosecution's closing.
🎭 CREEPY MASK SUSPECT CAPTURED: Zymire Hughes, accused of chasing, threatening and harassing people around Philadelphia while wearing a Chucky-style mask, was captured in Las Vegas.
🔥 FLORIDA POLITICAL BOMBSHELL: A grand jury concluded that $10 million in taxpayer funds connected to the DeSantis administration was misappropriated, although it found insufficient evidence to criminally charge anyone. With Florida's gubernatorial election approaching, the fallout could have broader political consequences.
🇺🇸 MASS VISA REVOCATIONS: The Trump administration is preparing to revoke as many as 200,000 business and tourist visas held by people who applied for asylum — a move that could become the largest mass visa revocation in U.S. history.
⚡ MEMPHIS IN THE DARK: A powerful bow-echo storm knocked out electricity to more than 140,000 Memphis and Shelby County customers. The prolonged outages are raising some of the same questions we've been discussing about infrastructure and recovery after the outages in Gary, Indiana.
⚖️ KARMELO ANTHONY: We're also going back inside this case to examine some of the facts and disturbing information that emerged during the post-trial proceedings — including the so-called “gentlemen's agreement” that kept damaging information about both Karmelo Anthony and Austin Metcalf away from the original jury. Karmelo's request for a new trial has now been denied.
🌎 All that and more on WATCHING THE WORLD.
We're connecting the dots between the economy, politics, crime, the courts and what is happening in communities across America.
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