Business

FEC campaign finance system offline days before midterms after hackers reportedly target site

CNBC·Oct 28, 2026 · 9:51 AM CT
Read the original at CNBC
Readthrough summary

The Federal Election Commission's electronic filing system has been offline since about 10 p.m. ET Monday after an official warned that a 'bad actor' was trying to breach the agency's systems. The FEC says it found the issue and is implementing a fix, but the outage cuts off a key view of campaign money days before the midterms; previously filed reports remain searchable.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at CNBC.

Read the original at CNBC

More Business

Fox Business·

Nelson Peltz-led group offers to buy Wendy’s for $1.4B

Nelson Peltz's Trian Fund Management is leading a group offering to buy Wendy's for about $1.4 billion, or $7.35 a share in cash, which would take the burger chain private. The bid is roughly a 20% premium to Wendy's $1.2 billion market value at Tuesday's close, and Trian says the struggling chain needs years of capital investment to turn around.

Fast Company·

How the Fed is likely to act on interest rates just days before the midterm elections

The Federal Reserve, led by Chairman Kevin Warsh, is expected to hold rates steady Wednesday even though inflation has picked up as the Iran war pushed up oil and gas prices. The Fed raised its key rate last month for the first time in three years, from about 3.6% to 3.9%, and the decision lands less than a week before midterm elections focused on the cost of living.

HM Treasury·

Breathing space for Scottish families and businesses at Budget

UK Chancellor John Healey's Budget 2026 removes the 4% tariff on kerosene heating oil and extends 0% VAT on household electricity, measures the Treasury says give Scottish families and businesses breathing space. The Scottish Government also gets an extra £600 million for public services, with growth investments in Glasgow and Edinburgh.

The Guardian Business·

Australia’s inflation rate rises to 4.3%, fuelling fears of fifth interest rate hike this year

Australia's headline inflation rate rose to 4.3%, with the Reserve Bank's preferred underlying measure at 3.6% for the year to September. RBA deputy governor Andrew Hauser called the numbers 'too high,' and most economists expect another rate hike, the fifth this year, at the Nov. 3 meeting.