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Mornly

Friday, September 18, 2026

Top news

  • Philadelphia police and the FBI are investigating possible serial murders after investigators discovered evidence tied to at least five missing women in the city's Olney neighborhood.
  • President Trump ordered the Justice Department not to appeal a court ruling that loosened restrictions on firearms known as "gangster weapons."
  • Iranian forces have brought down at least two American MQ-1 unmanned aircraft, according to U.S. officials.

World

  • Former Kosovo President Hashim Thaci was convicted of war crimes by an EU-backed court and sentenced to 25 years in prison.
  • European Commission President Ursula von der Leyen proposed making Canada the EU's first associate member as Trump's tariffs push Ottawa closer to Europe.
  • Russia is believed to be holding thousands of Ukrainian soldiers and civilians as prisoners of war, and is tormenting their families by contacting them on social media and demanding favors.

Business

  • Federal Reserve raised its benchmark interest rate by 25 basis points to a target range of 3.75%-4%, its first increase since 2023.
  • Wall Street fell after the hawkish Fed hike as equities reacted badly to rate increase and prospect of more hikes ahead.
  • Committee released projections showing a strong majority of officials think another hike is possible later this year, with 16 of 18 participants expecting another increase.

Technology

  • Apple is developing dedicated AI servers around future M8 Ultra processors that would arrive by 2029, with support from CEO John Ternus.
  • OpenAI is exploring a valuation up to $1.5 trillion but deferring its IPO for safety reasons.
  • Huawei is scaling massive AI compute systems as China pushes deeper into the chip race.

Science

  • Scientists discovered a hidden immune organ inside the skull that acts as a rapid first responder against brain cancer in mice.
  • Researchers reconstructed videos from brain activity of mice, producing 10-second clips based only on signals from neurons in the visual cortex.
  • Scientists uncovered sweeping changes in how the human brain controls and organizes its genome beginning in midlife, offering new clues to why aging sharply increases the risk of Alzheimer's.

Economy

  • Federal Reserve raised interest rates by 25 basis points to a target range of 3.75%-4%, its first increase since 2023.
  • Fed officials signaled another rate hike is possible later this year, with 16 of 18 participants expecting an additional increase.
  • Officials nudged up inflation forecasts to 3.7% for headline and 3.4% for core personal consumption expenditures, both 0.1 percentage point higher than June projections.

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