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Finance & Markets

Ex-RBI Chief Rajan Says Fed Should Raise Rates

Former Reserve Bank of India Governor, Raghuram Rajan, says the US Federal Reserve should raise interest rates to contain accelerating inflation. Rajan, who is also serving on a task force set up to examine the US central bank, says he believes financial conditions are not restrictive at this point. He joined Bloomberg's Insight with Haslinda Amin from Jackson Hole, Wyoming. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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What to Know About Curtiss-Wright EVP Disposing of $641,000 in Stock

Chief Growth Officer John Watts contributed stock to an exchange fund for portfolio diversification, retaining a $1.66 million direct stake in the aerospace and defense company.

  • John C. Watts sold 1,035 Curtiss-Wright shares on Aug 27, 2026
  • Sale price averaged $619.46 per share, transaction valued at $605.49
  • Company's stock up 23.94% in past year, reflecting investor confidence

Polling results on capitalism and socialism

The results suggest that the public is feeling down about capitalism but is still wary of full-blown socialism. And many are deciding whether a few socialist candidates might help shake up the system.

  • 33% privately view capitalism positively
  • Fewer than half of Republicans privately support capitalism
  • Gen Z supports socialism publicly (nearly 30%), privately (14%)

More from Friday 28 August →