Here is a roundup of the biggest stories shaping the United States and the world on Wednesday, October 28, 2026, from the Federal Reserve's rate decision to key court rulings and an inconclusive election in Israel.
1. Fed decision in focus
Investors are watching the Federal Reserve's interest-rate decision today. Markets broadly expect rates to remain unchanged after last month's hike, the first in three years, with attention turning to the Fed's guidance on December and its outlook for inflation and growth.
2. Appeals court rejects bid to set aside California ballots
The 9th Circuit Court of Appeals turned down a Justice Department bid to quickly force California to set aside 20,000 ballots, according to reports summarised in Wednesday's news roundups. The ruling is one of several election-related court developments this week.
3. Grand jury declines to indict Cassidy Hutchinson
A federal grand jury refused to indict Cassidy Hutchinson, a former White House aide, marking another setback for the Justice Department in a high-profile case, according to Wednesday's headlines summaries.
4. Alaska Republicans push back on election lawsuit
In Alaska, Republicans pushed back against a lawsuit seeking to decertify the state's election results, adding to the legal disputes playing out in the final days before the midterms.
5. Israel election ends without a clear winner
Israel's national election produced no clear winner, according to early reports, with exit polls showing Prime Minister Benjamin Netanyahu's bloc winning fewer seats than the opposition. The deadlock leaves coalition talks ahead as the country awaits final results.
6. Neil Young sues Trump over song use
Musician Neil Young has sued President Donald Trump over the unauthorised use of his song "Rockin' in the Free World," according to Wednesday's headlines. The case adds to a long-running dispute over the use of music at political events.
7. Comey indictment hearing set for Friday
A hearing on former FBI Director James Comey's motion to dismiss his third indictment has been set for Friday, with a judge set to consider arguments that could shape the case's future.
Other stories drawing attention today include a judge extending a block on tree removal at the East Potomac golf course in Washington, federal probes involving Representative Ilhan Omar, and an FBI operation at a Beverly Hills mansion tied to an investigation involving Representative Eric Swalwell. Separately, reported leaked Pentagon documents put the cost of the eight-month US war with Iran at $47 billion, above the $37.5 billion estimate previously given by Defense Secretary Pete Hegseth — a figure that is likely to fuel debate as the midterms approach.
Sources: NPR, Politico, CNN, Fox News, Just Security, The Washington Post.
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