Iran’s Revolutionary Guard Corps says a tanker carrying more than two million barrels exploded on a naval mine and declared the strait shut; US Central Command says it is open.
The Journal reports that Tehran is supplying the intelligence behind Houthi attacks on the kingdom, while Iran’s foreign ministry denies any role.
An executive order signed on Friday suspends the sanctions and tariffs that the Graham Act was about to impose on Russia and on the countries buying its energy.
Beijing’s draft now spans 40 technologies and separates remote AI model access from overseas deployment, while Taipei prepares criminal penalties for unauthorised AI chip exports.
Two hotter-than-expected inflation reports did not stop the market pricing an October hold, and the dollar had its worst week in a month.
Iran’s Revolutionary Guards reported a second supertanker ablaze on Saturday, while the US military published transit figures that contradict Tehran’s closure claim.
Jack Clark put the company’s own growth scenario to the IMF, as separate research found most firms using AI report no change in revenue.
Republican super PACs are flush and Democratic candidates are not, and the result will decide who handles next year’s debt ceiling.
Kristalina Georgieva said the annual meetings were marked by optimism and worry, while delegates left the room as Moscow’s minister spoke.
Interest on the federal debt reached about $1.36 trillion in the fiscal year just ended, and net interest topped $1 trillion for the first time.
Politico reports that the company has quietly circulated draft federal legislation, as its co-founder renews his call for frontier AI regulation.
The Fed chairman told the IMF meetings that the artificial intelligence investment surge is a shock central bankers have to recognise, and announced a task force hearing on productivity and jobs.
Admiral Brad Cooper said Iran-aligned militias are now sending money back to the Revolutionary Guards instead of receiving it.
Canada’s governor said persistently high crude and petroleum prices will push the central bank’s quarterly projection higher this month.
Senior lawmakers from both parties condemned the executive order on Saturday, and Ukraine’s president said the decision rewards Moscow.
The United States has solicited an exchange of up to 17 million barrels of crude from its strategic reserve while diesel and heating bills climb.
The Financial Times reports a double-digit yield on Anthropic’s latest chip financing, at the same time as investors mark down bonds across the AI complex.
Reuters reports the bank is weeks from its first digital asset service, one of several incumbents building custody and settlement rails rather than trading desks.
The Fund says the Bank of Japan is doing the right thing and sees one more hike toward neutral, but wants it ready to move faster if inflation overshoots.
The Bank of England governor told the Group of Thirty that policymakers must settle responsibility for autonomous agents, as JPMorgan’s chief raised the same question about payments.
The bank’s head of oil research said Middle East supply recovers and prices ease, on a day December Brent settled at $109.86.
A disclosure of redemption requests at Blue Owl’s largest private-credit fund lands in the same week the ECB tells the IMF that private credit alone is unlikely to destabilise the euro area.
The ECB president told the IMF meetings that higher market borrowing costs are curbing growth and will ultimately curb prices, while the Bundesbank chief would not rule out another hike.
The Bank of England governor said signs of second-round inflation were limited, days before the release markets expect to settle the decision.