A federal appeals court found the Defense Department had ample support for excluding the AI company from military work, a ruling the department celebrated publicly.
The market never sleeps. People must.
Markets move day and night, across time zones. AI faithfully monitors what matters to Teresa and her group of active investors, and shares it with you. Published twice a day, at 10 am and 5 pm Eastern.
Sunday, September 27, 2026
12 storiesAfter a quarter-point hike in September, governors and reserve bank presidents said more tightening is likely, and betting markets moved October odds close to 70%.
The Board would require full reserve backing and capital charges from payment stablecoin issuers, and make supervised banks seek approval before issuing through subsidiaries.
The bank attributes almost half of this year's index earnings growth to AI-related investment, and expects depreciation to offset nearly all of those gains by 2028.
The 30-year bond has climbed above 5.5% and most risk-free rates now sit north of 5%, with the long end moving far more than the policy rate.
Retail investors are pulling less money out of non-traded private credit funds and performance has improved, though withdrawal limits and weak inflows persist.
Tehran offered to reopen the strait and resume nuclear talks within a week in return for sanctions steps; Washington refused, and Iran says it will await a formal reply.
A three-day Washington summit produced reciprocal tariff relief, a channel for handling AI incidents and an extension of the trade truce, with the detail promised on Monday.
The University of Michigan index hit a four-month low in September and year-ahead inflation expectations rose to 4.6%.
The trilateral pact lets Washington build two new military bases on Greenland while leaving the island under Danish sovereignty.
The energy secretary says the United States will not stop exporting diesel, even as officials discuss voluntary cuts by refiners and a pause in fuel taxes.
A Government Accountability Office report says the agency spent without a strategic plan, including on tents and warehouses that went unused.
Saturday, September 26, 2026
24 storiesPIMCO expects most issuers to absorb higher refinancing costs, but the maturity profile shifts toward high-yield borrowers just as the weakest are already defaulting.
A divided DC Circuit panel found the Defense Department had ample support for designating the AI company a supply-chain risk, leaving it shut out of military contracts.
The Bank of England governor said there is no question the economy is seeing the direct effects of the energy shock, which markets read as clearing the way for a November rise.
Goldman Sachs raised its estimate for July to September growth after core capital goods orders came in strong, even though total durable goods orders did not move in August.
Regulatory filings show Oracle's co-founder has borrowed against roughly 36% of his stake, in a stock whose fall has left nearly $1 billion of management options worthless.
A sitting regional Fed president put artificial-intelligence capital spending into the language the central bank reserves for systemically important institutions.
Riyadh told the United Nations that the Strait of Hormuz must return to its pre-war status without tolls, while Yemen's government lost control of the Red Sea chokepoint.
Taipei labelled Beijing a true disruptor of the status quo after Xi pressed Trump on the island, while the US ambassador to China said American policy is unchanged.
The president said he does not think the military will be needed, days after telling the United Nations that Cuba's government will fail.
The president said he turned down a proposal that would have opened the waterway within a week in exchange for lifting the US naval blockade.
The University of Michigan headline index dropped for a second month, and outlets disagree on whether that is a four-month low or nearly the worst reading on record.
The White House fact sheet from the Xi summit creates a standing dialogue on what it now calls super intelligence, but semiconductor export controls were never on the table.
Reported losses range from $350 million to $387.5 million, and only about $318,000 has been frozen.
Livestock associations in Texas, Oklahoma and Kansas report disruption at processors and feedyards and are asking the federal agency for transparency.
Patrick Swindle steps down after less than a year to treat pancreatic cancer, and Lucibeth Mayberry becomes president and chief executive.
Two regional Fed presidents and a governor pointed to more tightening, and prediction markets now put an October increase above even odds.
Two rulemaking packages would require full backing in high-liquidity assets and set a capital floor for issuers the Board supervises.
The bank's estimate sits above consensus and comes with a figure for the annual revenue the spending has to produce to break even.
Global government debt now stands above its post-war peak, and the fund's managing director says high debt makes every other shock harder to absorb.
Tehran says the choice now rests with Washington, while one report describes officials discussing a phased deal instead.
The 10-year note touched its highest level since 2007 as the long end of the curve repriced, carrying mortgage costs with it.
The company disclosed dozens of incidents, including 53 cases in which images users gave to ChatGPT were published.
Beijing confirmed a reciprocal tariff reduction and a new dialogue on artificial intelligence as the Washington summit closed.
The energy secretary has sounded out refiners on voluntary curbs while ruling out a blanket ban, and the industry is pushing back.
Friday, September 25, 2026
24 storiesKansas City Fed's Jeff Schmid said the central bank is trying to work out whether the data-centre boom is creating systemic exposures it would have to stand behind.
A divided DC Circuit panel found the Defense Department acted lawfully when it designated the AI company a supply chain risk after contract talks collapsed.
One of the most closely watched credits in the high-yield municipal market has gone into bankruptcy protection while its Florida service continues to operate.
The University of Michigan's final September index came in at 48.1 as households told the survey they expect faster price increases over the year ahead.
The warehouse retailer's fourth-quarter beat leaned on a one-off customs repayment, and the reported size of the profit gain differs between accounts.
The security agreement signed in New York opens two military sites and expands Arctic access, while Denmark says Washington will have to pay for them.
The Cleveland Fed president told a New York audience that long-term Treasury yields are being driven by growth, debt and the expected rate path, and put the real inflation risk elsewhere.
Iraq has halted Iranian flights at all four of its airports, and an adviser to Iran's supreme leader has warned that neighbouring countries' aviation could be disrupted in response.
Senior leaders have reopened talks about combining with a foreign bank after Swiss lawmakers backed rules that would bind billions of dollars against the bank's overseas units.
The seizure at a Caribbean lender has left funds belonging to the world's largest stablecoin issuer stuck, and the reported size of the action differs between accounts.
Treasury Secretary Scott Bessent and Finance Minister Satsuki Katayama held a call on the currency a day after Trump raised the weak yen directly with Japan's prime minister.
A Government Accountability Office report says the immigration agency committed billions to new detention initiatives without the analysis or the strategic plan to support them.
OpenAI and Anthropic pressed for international safety standards this week; the White House rejected the idea outright and Meta and Nvidia sided with it.
Chris Wright says the administration is not pursuing an outright export ban, even as the White House keeps a ninety-day version under review.
Officials from New York, Philadelphia, Cleveland and the Board of Governors all argued this week that inflation still requires higher rates.
The Board opened comment on two GENIUS Act proposals requiring full backing in permissible liquid assets and setting capital charges for the issuers it supervises.
Tehran has given Washington a plan to reopen the Strait of Hormuz within a week of its conditions being accepted, and negotiators are exploring a phased deal.
Canberra disclosed the Medicare statistics breach at the United Nations and says legal consequences will follow.
A stalled power connection at a New Mexico data centre campus has Oracle seeking to defer lease payments and its credit default swaps at a record high.
The group raised 11.1 billion dollars in dollar and euro bonds to pay for the final tranche of an investment it has now committed 64.6 billion dollars to.
The Washington summit extended the truce that ended last year's trade war to January 10 but produced none of the broader detail markets had been primed for.
The shortfall reached 246.0 billion dollars, but outlets disagree on the size of the increase and on whether the figure beat or missed expectations.
Thin demand at the five-year and seven-year sales fed a global selloff that has lifted every point on the US curve toward two-decade highs.
Beijing used the White House summit to ask for a change in US declaratory policy on Taiwan; Taiwan's foreign ministry called the account a distortion of facts.