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Fed Decision Today — Markets Put 93% Odds on Rate Hike
The Federal Reserve is set to announce one of its most closely watched interest-rate decisions of the year Wednesday, with financial markets overwhelmingly expecting policymakers to raise borrowing costs for…
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Elon Musk, the world’s richest man, says he’s living in an Airstream trailer to oversee xAI’s biggest expansion yet
Elon Musk, the world’s richest man, has some new digs—an Airstream trailer in Memphis, parked just steps from xAI’s most ambitious project yet. Musk, who has a net worth of…
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Oil Climbs Above $107 as Saudi Pipeline Shutdown Threatens Global Supply
Oil prices surged above $107 a barrel Tuesday as the shutdown of Saudi Arabia’s critical East-West Pipeline intensified fears that a major portion of the world’s oil supply could be…
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‘The end of the keyboard is near’: Christian Klein predicts voice translation will be the next workplace advantage
The English engineer, Henry Mill, submitted the first-ever patent for a “machine transcribing letters” in 1714. It never actually went into production, but it was a forerunner of the typewriter and then the electronic keyboard: 312 years later, Christian…
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U.S. 10-Year Treasury Yield Breaks 5% — Highest Since 2007
The benchmark U.S. 10-year Treasury yield surged above 5% Tuesday, reaching its highest level since 2007 and adding another layer of pressure on American consumers, businesses and financial markets already…
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Rafael, Lockheed accelerate SPICE 1000 integration on Israeli F‑35s
Rafael Advanced Defense Systems and Lockheed Martin are working to accelerate the integration of SPICE 1000’s onto the Israel Air Force’s F-35 Adir stealth fighters. According to Rafael, the integration…
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Turkish Stocks Plunge As Fund Liquidity Crisis Spreads Across Market
Turkey’s stock market fell as much as 5% Wednesday as a problem that began inside a group of investment funds spread into a broad market selloff. The BIST 100 dropped…
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US officials met Iran-backed Houthis in Oman over the weekend, sources say
US officials met representatives of Yemen’s Houthis in Oman over the weekend, five sources familiar with the matter said, days after the Iran-backed terror group seized a strategic stretch of…
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Current price of oil as of September 16, 2026
At 7 a.m. Eastern Time today, the price of oil sits at $108.34 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of…
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CC Sabathia excited for PitCCh In Foundation’s future as annual golf event raises over $450K for youth
Baseball Hall of Fame pitcher and legendary New York Yankees starter CC Sabathia has told the story many times: Dave Stewart changed his mindset forever at just 9 years old…
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EU opens door to unprecedented ‘associate member’ status for Canada amid US trade spat
European Commission President Ursula von der Leyen on Wednesday proposed opening the door for Canada to become the European Union’s first “associate member,” a significant step that could bring Ottawa…
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How a Fed Rate Hike Would Affect Your Wallet
If the Federal Reserve raises interest rates by a quarter percentage point Wednesday, the effect will begin reaching American wallets almost immediately — especially anyone carrying credit-card debt, using a…
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U.S., China Discuss Cutting Some Tariffs Ahead of Trump-Xi Meeting
The United States and China are discussing cutting tariffs on tens of billions of dollars of each other’s goods, a potentially meaningful step toward easing the trade costs that businesses…
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Iran strikes damaged, destroyed hundreds of US bases across Middle East, cost $33.4b, Pentagon says
A Pentagon Inspector General report mandated by the US Congress released on Monday said that Iranian strikes against the US during the ongoing war “damaged and destroyed hundreds of buildings…
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Bond Traders Make ‘Extreme’ Bet Fed Will Raise Rates Wednesday
Bond traders are making one of their most aggressive bets in months that the Federal Reserve will raise interest rates Wednesday — and that Treasury prices could keep falling even…
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Israel Inflation Holds At 1.5% Even As August Prices Jump
Israel just posted the kind of inflation number most Western economies would like to have: prices jumped in August, but annual inflation still held at just 1.5%. The Consumer Price…
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Nvidia CEO Jensen Huang To Attend Trump’s State Dinner For China’s Xi
Nvidia CEO Jensen Huang is expected to be among the guests when President Donald Trump hosts Chinese President Xi Jinping for a state dinner in Washington next week, putting the…
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FAA Chief Says Billions More Required To Finish Air Traffic Overhaul
The FAA’s air traffic control upgrade is going to cost a lot more than Congress has already handed over, and the agency’s own administrator told lawmakers Tuesday exactly how much.…
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Popular So Delicious frozen dessert recalled over possible stone contamination
A recall has been issued for So Delicious Dairy Free Salted Caramel Cluster Non-Dairy Frozen Dessert pints over the potential presence of foreign materials, including small stones and other hard…
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US preparing for $2.8 billion arms sale to Israel, including over 40,000 bombs – report
The US is preparing its largest single sale of 2,000-pound bombs to Israel, worth approximately $2.8 billion, in recent years, according to a Tuesday Washington Post report citing a US…
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U.S. Confirms It Has Weapons in Orbit, Calling Them a Deterrent
WASHINGTON, D.C. — The United States has publicly acknowledged for the first time that it has weapons deployed in orbit, marking a significant shift in how the Pentagon talks about…
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Bipartisan Crack Opens As Two Democrats Help Advance Russia Sanctions Bill
Two House Democrats sided with Republicans Monday to push a sweeping Russia sanctions bill through the Rules Committee, clearing the way for a floor vote later this week over the…
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Mark Zuckerberg is outsourcing his thinking to AI. It shows in his new ‘personal AI agent’ experiment
Mark Zuckerberg has access to some of the most sophisticated artificial intelligence systems on the planet. He is also building a company around the idea that AI can dramatically reduce…
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Crypto’s Push Into Wall Street Suffers Setback After Senate Bill Fails
Crypto spent years trying to become part of mainstream American finance. Tuesday afternoon, Washington slammed on the brakes. The Senate failed to advance the CLARITY Act, the sweeping legislation designed…
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Urgent calls from OpenAI, Anthropic for an AI slowdown fall on deaf ears with Trump, Xi ahead of next week’s meeting
Concerns about AI safety are reaching a fever pitch in the U.S. after a X post by a former Anthropic researcher went viral, claiming the technology could kill all of…
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Toronto mayoral candidate challenges incumbent on handling of antisemitism during debate
Toronto mayoral candidates traded sharp criticisms during the city’s first televised debate hosted on Monday by the Daily Bread Food Bank, with challenger Chris Alexander directly confronting incumbent Mayor Olivia…
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Mamdani unveils revamped Vision Zero plan with 100+ policy goals
Vision Zero is getting an overhaul. Mayor Zohran Mamdani on Tuesday released “Vision Zero Reimagined,” a plan that builds on the original initiative’s goal to eliminate traffic deaths and serious…
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Digital shelf labels are supposed to save shoppers money. A new NJ law says they could do the opposite—and put a one-year freeze on them
At a Walmart Supercenter in North Bergen, New Jersey, just across the Hudson River from Manhattan, Victor Lopez, 21, tapped the screen of his work-issued smartphone. Under a field labeled…
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Bessent says US needs more open-source AI models to compete with China
Treasury Secretary Scott Bessent on Tuesday told lawmakers in Congress that the U.S. needs to foster open artificial intelligence (AI) models to compete with those made by Chinese firms. Bessent…
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Ford unveils 2027 F-150 with hands-free towing, first-ever Carhartt edition
Ford Motor Company is refreshing its best-selling F-150 pickup for 2027 with hands-free towing technology, updated styling and the first-ever F-150 Carhartt edition. Greg Christensen, Ford’s general manager of North…
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Cold Storage’s Automation Curve is Just Beginning
Cold storage development is entering a modernization cycle, and the shift is about far more than square footage. At CREDA’s I.CON Cold Storage this week, Michael Cody, practice leader and…
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Ford recalls more than 223,000 vehicles over fuel tank issue
Ford is recalling more than 223,472 pickup trucks due to an improperly secured fuel tank, the National Highway Traffic Safety Administration said. “In some instances, front fuel tank strap T-slots…
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On This Day: Israel, UAE, Bahrain sign Abraham Accords in notable Arab normalization agreement
Israel, the United Arab Emirates, and Bahrain marked on Tuesday six years since the signing of the Abraham Accords, which represent the latest diplomatic development between Israel and its Arab…
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Stubborn inflation sets stage for Federal Reserve to hike interest rates
The Federal Reserve is holding a closely watched monetary policy meeting this week as the market expects the central bank to hike interest rates amid concerns about stubborn inflation. Policymakers…
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Walmart heirs Olivia and Tom Walton are committing $100 million to America’s maternal death crisis—and betting states and donors will pour in more
The U.S. has one of the highest maternal mortality rates among wealthy nations, research shows, so heirs of the multibillion Walmart fortune are working to drastically lower it. On Thursday,…
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OpenAI Says It Is Teaming With Anthropic, Google On AI Safety
The three companies racing hardest to build the most powerful AI on earth just admitted they’re also quietly working together to make sure none of it blows up in anyone’s…
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Malaysia tightens cargo regulations, detains containers bound for Israel passing through its port
Malaysian authorities have halted additional shipments bound for Israel at Tanjung Pelepas Port, one of the country’s largest ports, in what appears to be a significant tightening of oversight on…
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Turkey calls on Iran, US to stop attacks in Gulf region, says strikes harm peace efforts
Turkish Foreign Minister Hakan Fidan said on Tuesday that reciprocal attacks in the Gulf were impacting peace efforts to end the US-Iran war and called for them to immediately stop,…
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Tim Scott warns Democratic opposition to CLARITY Act could jeopardize US financial leadership
Sen. Tim Scott, R-S.C., warned that Democratic opposition to cryptocurrency market structure legislation risks standing in the way of America’s ability to lead the next evolution of financial markets. Scott,…
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Shrinkflation is coming for pro sports: The cost of watching the NFL jumped 28.6%—and attending a game 72%—since 2015
America’s most popular sport is back—and the NFL just set a new record in its opening week: it was the highest-scoring Sunday in week one ever. But the average viewer…
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Regulators Press Tesla On Whether Cybercab May Need Human Controls
Tesla built the Cybercab around one radical idea: there is no driver. No steering wheel. No brake pedal. No accelerator. The two-seat robotaxi is supposed to remove the human from…
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Iran holds over nine tons of nuclear material outside of IAEA safeguard, atomic energy head says
Iran holds over nine tons of nuclear material outside of the International Atomic Energy Agency’s (IAEA) safeguards, accused Israel Atomic Energy Commission Director-General Moshe Edri at the agency’s 70th general…
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Exclusive: The great boomer business handover just got its own Zestimate
Baton, a marketplace for buying and selling small businesses, has publicly posted valuations and local competitor rankings for two million small businesses across the country: a bid to do for…
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Kraft Heinz unveils new Philadelphia cream cheese flavors to win back shoppers
Philadelphia cream cheese is tapping into Americans’ growing appetite for sweet-and-spicy foods with a new product developed alongside Mike’s Hot Honey. Kraft Heinz said Philadelphia Mike’s Hot Honey Whipped Cream…
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As 10-year Treasury yield hits 5%, debt hawks are eyeing a national debt spiral: ‘If this isn’t a wake-up call, I don’t know what will be’
Budget watchdogs have been given fresh cause for concern this week as the rate on 10-year Treasuries has tipped over 5%—a symbolic benchmark for investors and economists. At the time…
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Sam Altman says OpenAI’s IPO window has been pushed to 2027—but markets aren’t the culprit
OpenAI’s still looking at an IPO—but not in 2026. On Friday, OpenAI CEO Sam Altman told Fortune editor-in-chief Alyson Shontell that it wasn’t the right time. “I actually think that,…
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Saudi-Egyptian relations key focus as Crown Prince MBS visits Egypt amid Houthi attacks – analysis
Saudi Arabis’s crown prince departed for Egypt on a state visit on September 15. This is an important trip. It comes after Houthi attacks on Saudi Arabia. It also comes…
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Harvard Kennedy fellow Shlomit Wagman: The U.S. and China will never trust each other on AI. That may not matter
The first workable global AI safety pact should be designed for a world without trust. A few months ago, I attended a closed gathering in San Francisco with senior AI…
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Why This Multifamily Investor Sees Opportunity in Uncertainty
Higher interest rates. Tighter capital markets. Slower development. For much of the multifamily sector, today’s environment has meant caution. But for Bob Hart, president and CEO of TruAmerica Multifamily, it’s meant something else: opportunity. …
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Current price of oil as of September 14, 2026
As of 9 a.m. Eastern Time on September 14, 2026, oil sold for $110.42 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 79 cents higher…
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