A hotter-than-expected September inflation reading knocked equities and Treasuries, lifted the dollar and put another Federal Reserve increase back in play this month.
Ukrainian units reported sudden restrictions on the satellite network their drones depend on, and officials in Kyiv and Warsaw publicly challenged Elon Musk over it.
Oil rose as a reported strike on the state oil company’s headquarters added to the risk premium already built on Gulf shipping.
The vessel is the first reported total loss in the waterway, and accounts differ on whether it hit a mine or was struck by a projectile.
At an Alaska rally the president announced long-term gas purchase commitments from Taiwan and South Korea, claims the governments involved described in more cautious terms.
The asset manager reported a profit jump, record assets under management and quarterly inflows that beat forecasts.
Customs data show September exports surging and chip shipments more than doubling in value, while the central bank reported stronger new loans.
A Russian envoy framed the fuel agreement as a first step toward broader economic ties as Italy’s prime minister criticised it in public.
The Treasury Department said the penalty, its third largest ever, covers years of failures to report suspicious transactions.
The annual inflation rate accelerated from August and came in above expectations, and traders immediately lifted the odds of another Federal Reserve rate rise.
Bonds issued by the AI cloud provider sold off sharply, pushing yields toward 15% and drawing attention to how much of the data-centre build-out is being financed with borrowed money.
Jensen Huang said he would cut off a buyer found to be developing unsafe AI software, while rejecting the argument that the technology’s risks should slow it down.
Energy Secretary Chris Wright invoked the Federal Power Act to let the mid-Atlantic grid operator run additional generation, citing blackout risk during unusual autumn heat.
Attacks in and around the Strait of Hormuz reached their highest level since the war began, while US Central Command rejected Iran’s assertion that it controls the waterway.
The Federal Reserve’s vice chair for supervision said inflation remains above target but that she feels no urgency to tighten policy further.
The fund’s managing director told reporters at the annual meetings that growth without deficit reduction will not stabilise US debt.
Governing Council members signalled that euro-area price pressures may require more tightening, even as the central bank declined to step into France’s fiscal crisis.
The ambassador to Greece resigned following reports that she used political connections to seek financial favours, and a Republican donor says he will now pursue the vice president.
Seven senators wrote to Mark Zuckerberg challenging the company’s use of research and development credits to subsidise its artificial-intelligence construction programme.
The Social Security Administration set the 2027 cost-of-living adjustment at 3.6% for 76 million recipients, as the programme becomes a central argument in the midterm campaign.
Prosecutors say a device was found in a USB port in an executive conference room, and the Justice Department says the FBI has made an arrest.
A lawyer for the Federal Reserve governor said she is not available for the hearing the president ordered over mortgage fraud allegations.
The Bank of England’s chief economist, who has voted for higher rates, said he is now more sceptical that four increases are needed.
Comptroller of the Currency Jonathan Gould published findings accusing large lenders of denying service to customers, naming JPMorgan among them.