Texas Obamacare ruling was predictable, Ex-HHS Sec. price says

The federal government says it is considering a nationwide ban on commercial motorcycles, popularly known as okada. Abubakar Malami, attorney-general of the federation said motorcycles provide the means of transportation for terrorists and several approaches for containing insecurity were being considered.⁣ ⁣

The Fed added 0.75% to its benchmark interest rate for a second straight time. The increase of the interest rate to its highest level in four years comes as inflation continues to reach new heights.

The US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs.

Many central banks around the world are following the lead of the US Federal Reserve and raising their benchmark interest rates in order to rein in inflation. The Bank of Japan, however, is marching to the beat of its own drum. At a policy meeting this Thursday, the bank maintained its ultra-loose monetary policy in a bid to spur more internal demand. Meanwhile, the yen and many other currencies continue to fall against the dollar.

Federal Reserve Chair Jerome Powell says he won't cause a deep recession but that "pain" is necessary to fight inflation. To curb the largest price increases in four decades, the US Federal Reserve has been raising interest rates this year.

US Consumer Price data for the month of September will be released later this Thursday, and is expected to stay high. Core prices, which exclude food and energy, are expected to have increased 6.5 percent annually last month, a rate not seen in 40 years.

Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣

For a long time, few people in Germany took them seriously. But back in early December, around 20 members of a movement called Reichsbürger, or "Citizens of the Reich", were arrested for trying to organise a coup d’état. On December 7, the federal police broke up a far-right group close to the movement, accused of plotting terror attacks, notably against the parliament.

With the latest increase, the Fed's target interest rate is set in a range between 4.50% and 4.75% — its highest level since late 2007. The Fed has been rapidly hiking rates since March of 2022 in a bid to snuff out persistent inflation.

Canada has also banned the app from staff devices, citing risks to privacy and security. Meanwhile, the ACLU has warned against potential further moves to ban TikTok for the rest of the population.

The US Federal Reserve faces a tricky balancing act, as it tries to navigate high inflation and instability in the banking sector. Alexander Yokum, of CFRA Research, says the collapse of Silicon Valley Bank and Signature Bank could affect the Fed's next interest rate decision, despite a 6 percent jump in consumer prices.

Inside Stuff with Martins Oloja is back and in this installment of the show, the multi-award-winning journalist and Editor-in-Chief of The Guardian take a look at Federal Character. What do you think?