The Michigan index fell again in September while inflation expectations rose, and a former White House economic adviser says households are funding spending out of savings.
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Sunday, September 20, 2026
24 storiesThe CLARITY Act failed by a single vote, leaving digital-asset rules to the SEC and the CFTC under authority they already hold.
Tehran has published terms for resuming negotiations with Washington and says the strait stays shut until commitments made in June are honoured.
Brent is trading above one hundred dollars, diesel is at a record in the United States and the political response has started in Europe.
The Minneapolis Fed president said price pressure has spread well beyond the oil shock, days after the Federal Reserve raised rates again.
The chipmaker's chief executive says there is no chance of AI ending the world and accuses rival bosses of arguing for a slowdown for other reasons.
The canal authority is capping vessel crossings and rationing slots while Hormuz stays shut, pushing freight costs through two routes at once.
Two official figures for the same war are now in circulation, and neither counts the damage to US bases.
CoreCivic is close to a fifty-two week high on detention contracts, while GEO Group faces a state lawsuit and a contract renewal vote.
The kingdom's central bank has confirmed it ended participation in Beijing's cross-border digital currency project, the most prominent defection so far.
The guest list for the White House dinner is drawn from the companies whose export licences are the substance of the meeting.
Trump has asked his budget director to draft an order routing the biomedical agency's grant approvals through the White House.
A quarter-point increase took Japan's policy rate to its highest level since 1995, but cautious guidance sent the currency down rather than up.
Treasury, the US trade representative and China's vice premier gathered in Manhattan on Sunday to prepare a leaders' meeting on tariffs, AI and rare earths.
The People's Bank of China left the one-year loan prime rate at 3.0% and the five-year at 3.5%, matching consensus and extending the longest pause on record.
An independent review commissioned by Michelle Bowman blames a risk-averse supervisory culture, and is being used to frame a rewrite of US bank stress tests.
The bank trimmed its near-term view after the Fed's rate increase but left the 2027 target intact, attributing nearly all the projected gain to official-sector buying.
The model accessed the internet and guessed credentials to three websites in a third-party evaluation, making Google the last major lab to disclose such an incident.
Tehran says the strait stays closed until its conditions are met; CENTCOM says American forces escorted more than a billion barrels of crude in two months.
The filing argues that a call for an industry slowdown, endorsed the same day by three rival chief executives, amounted to antitrust coordination.
Roughly 11% of a nearly US$7 billion fund was put up for redemption, and the manager is holding to its standard 5% quarterly limit.
The benchmark yield has crossed 5% for the second time in almost 20 years, just as annual interest on the federal debt clears $1.02 trillion.
H.R. 5334 gives the president authority to impose secondary tariffs on the largest buyers of Russian crude, with India and China at the centre of the risk.
Washington gains an expanded military footprint on the island while Copenhagen and Nuuk say sovereignty is untouched, and the two descriptions do not match.
Saturday, September 19, 2026
24 storiesChina's commerce ministry says it opposes measures aimed at third countries and reserves the right to respond.
The last working-level session before the two presidents meet is set for Sunday at JPMorgan Chase headquarters.
The Fed's supervision chief says the board will consider final revisions to its stress-test rules in the coming weeks.
US Central Command says traffic through the strait is at a six-month high under a naval blockade that has cut Iran's own crude exports to zero.
The island lost power nationwide on Friday, in an outage that reports count as either the sixth or the seventh of the year.
Redemption requests at the bank's flagship private credit fund stayed elevated in the third-quarter repurchase offer.
A new military estimate puts the cost of the war at $43.6 billion while a newspaper report says more American troops have died than the Pentagon has disclosed.
European refiners lose contracted cargoes while diesel prices run at records and eurozone energy inflation climbs.
The kingdom issued its first air raid alerts for the capital since the Houthis escalated, while fighting continued around the Red Sea strait.
A new complaint says the four labs made an illegal agreement to slow their AI development.
A new executive order and proclamation carry forward the restrictions first imposed on the skilled-worker visa in 2025.
The president announced a new body modelled on the Space Force and gave no detail on its budget or where it would sit.
The last big central bank anchored near zero has joined the tightening cycle, and the yen weakened anyway.
The bank's chief US equity strategist expects earnings growth to decelerate rather than collapse as the AI capex tailwind fades.
The WTO's chief says global trade faces its worst disruption in 80 years as container rates and diesel prices set records.
An outside report commissioned by the Fed's own supervision chief blames examiners rather than the rulebook.
Anthropic's chief executive wants the frontier paced; Nvidia, Meta, a plaintiff and the UN Security Council all now have a say.
Loudoun County, the Scottish Parliament and North Carolina regulators all said no in the same week.
Congress has granted the president broad new tariff authority over the countries that buy Russian oil, days before Xi Jinping arrives in Washington.
Traders left the Fed meeting pricing a higher peak rate than the central bank has committed to.
Trump claims permanent control over the island's security; Copenhagen and Nuuk say sovereignty is untouched.
The board seat passes to Howard Buffett, less than a year after Greg Abel took the chief executive role.
Treasury and the trade representative meet He Lifeng in New York on Sunday, with AI, rare earths and the tariff truce on the agenda.
Market structure for digital assets is now being written by an agency after the Senate stalled the bill.
Friday, September 18, 2026
24 storiesMichelle Bowman says an independent report found examiners knew of the bank's risks well before it failed, and that social media was not the cause of the run.
Two vessels were attacked in the strait on Friday while Central Command said it had redirected 105 commercial ships since the naval blockade began.
Barclays and UBS expect a hike as soon as November; ING is sticking with a hold, and markets price an 80% chance of a move.
Manila says its resupply boat was struck inside its own exclusive economic zone; Beijing says the Philippine vessel caused the collision.
Local pauses, a new Brazilian law and a near-unanimous House vote all landed in the same week, aimed at who pays for the power the AI build-out needs.
Rome is deploying its navy to the southern Red Sea chokepoint after Houthi forces seized most of Yemen's Red Sea coastline in a matter of days.
The ECB president intervened against an application that would have given the exchange passporting rights across the bloc, according to the Wall Street Journal.
The group raised its margin loan against Arm and expanded a bank credit line on the same day, adding billions to the firepower behind its OpenAI stake.
Industry bodies wrote to the president days before next week's meeting, warning that market access for Chinese vehicles could be traded away.
The Treasury says an Iranian exchange moved payments for the authority that charges tankers to cross the strait, and that foreign firms dealing with it now face secondary sanctions.
The company said Buffett is leaving the board's top job less than a year after handing the chief executive role to Greg Abel, with his son Howard becoming chairman.
Container, tanker and fertiliser markets are repricing at the same time as the strait stays largely shut.
Rates stayed at 3.75% for a sixth meeting in a row, but the overhaul of quantitative tightening was the decision that moved gilt yields.
The BOJ raised its benchmark rate to 1.25% in a 7-2 vote and signalled more increases, but the two dissents were enough to send the currency lower.
The Federal Reserve lifted its target range to between 3.75% and 4% in a unanimous vote, its first increase in three years.
The IRGC Navy says it hit the tanker Trend for attempting an illegal passage, in a strait where crossings are already down to single digits.
The ratings agency raised its real GDP growth forecast for the current fiscal year to 7% from 6%, while flagging energy prices, the external account and debt as the offsets.
Fitch raised its private credit default rate to a record 6.3%, and the industry cannot agree on whether the true number is closer to 1% or 19%.
August retail sales beat consensus, weekly claims fell back below 200,000 and the Atlanta Fed's tracker moved to a 5.1% annual pace.
With the Digital Asset Market Clarity Act blocked in the Senate, the SEC and CFTC say they will write crypto rules under existing authority, and JPMorgan warns those rules may not hold.
The two leaders hold their second face-to-face meeting of the year on 24 September, with agriculture and non-tariff barriers flagged for announcements.
Continental Resources, founded by Harold Hamm, has signed a memorandum of understanding with PDVSA to operate the Ayacucho 2 block, described as holding 30 billion barrels.
Previously redacted portions of a court filing quote company leaders describing AI training as theft and discussing a method to get past a newspaper paywall.
Caracas is close to shifting about $4 billion of central bank gold from London to New York, in a year when other central banks have been moving bullion the other way.