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9/9
18:04
According to the Financial Times, players will waive millions of dollars in claims from past contracts in exchange for equity in the new league, under the new terms.
17:48
Amazon announced that Kevin Mandia, founder and former CEO of cybersecurity company Mandiant, has joined its board of directors. Mandia, who sold Mandiant to Google for $5.4 billion in 2022 and left Google in 2024, is also a co-founder of venture capital firm Ballistic Ventures and recently launched an AI-powered network vulnerability startup Armadin. His appointment comes as companies increasingly face new cybersecurity threats tied to artificial intelligence.
17:45
Former U.S. Treasury Secretary Janet Yellen and nearly 50 economists jointly submitted an amicus brief on September 9, arguing that the Trump administration's invocation of Section 122 of the 1974 Trade Act, specifically the "balance of payments" clause, to impose global temporary tariffs lacked legal basis. This action comes as the U.S. government appeals a judicial review of the 10% global temporary tariff policy that was in effect from February to July this year, marking another challenge to the boundaries of presidential trade power. The economists stated that the government's interpretation of "balance of payments deficit" would grant the President unchecked power to impose high temporary tariffs globally at any time. The U.S. Court of International Trade ruled in May that the tariffs in question were unlawful, prompting the government to appeal, and the case is currently being heard by the Federal Circuit Court of Appeals.
17:27
The move marks a shift in Slovenia’s policy under Prime Minister Janez Jansa, reversing measures against Israel imposed by the previous administration.
17:25
TCS Blockchain (TCS) is a Wyoming-based trade finance company that aims to leverage blockchain technology to settle freight invoices for the U.S. transportation industry. The TCS token is an ERC-20 asset deployed on the Polygon network, with a total supply capped at 50 billion.
17:20
MarketWatch analysis indicates that the U.S. government's market intervention this summer to cap long-term interest rates and the Japanese government's efforts to prevent the yen's depreciation have led to a stronger yen and rising U.S. Treasury yields. This combination could put the nearly four-year-long stock market bull run at risk.
17:19
★★★★★Previous -2.6Forecast -1.3Actual -0.3 Above forecast↑
17:03
Bloomberg Markets reports that commodity giants Trafigura and Macquarie are seeking to profit from increased volatility in Brazil's power market, posing challenges for trader compensation in Houston and London.
17:01
The Board of Governors of the International Atomic Energy Agency (IAEA) has approved a resolution to refer Iran to the UN Security Council for violating its nuclear non-proliferation obligations. This marks the first time in 20 years that the 35-member board has passed such a resolution. The move, initiated by the United States, Germany, France, and the United Kingdom, signals an escalation in the diplomatic standoff between Iran and Western nations. At least 23 countries voted in favor of the resolution, while Russia, China, and Niger opposed it. The European Union accused Iran of suspending cooperation with the IAEA and refusing inspections of its nuclear facilities. Iran's mission to the United Nations condemned the resolution, stating that the current situation is a result of "aggressive actions" by the United States and the Israeli regime. IAEA Director-General Rafael Grossi stated on Monday that damage to Iranian nuclear facilities, leading to missing information and an inability to conduct verification activities, is a serious nuclear proliferation concern.
16:31
The White House announced that President Donald Trump achieved "historic results" in less than two years, including ending the "open border disaster" and reducing the illegal immigrant population by at least 2.3 million; lowering the U.S. murder rate to its lowest level in 125 years by 2025, with violent crime continuing to decline in the first half of 2026; and creating over 1 million private sector jobs and attracting over $11 trillion in new investment through tax cuts, new trade deals, and a manufacturing resurgence.
16:27
U.S. stocks extended their recent decline as the war in the Middle East continued to escalate and to drive up oil prices. The Dow Jones Industrial Average fell 405.41 points, or 0.77%, to 52380.66. The S&P 500 lost 37.16 points, or 0.48%, to 7636.36 and the tech-heavy Nasdaq Composite dropped 168.07 points, or 0.64%, to 26253.34.
16:25
The gap in financial asset holdings among Japan's younger generations is widening, with more young people than older generations not taking part in the government's tax-free investment program (NISA). Although Japanese people under 30 are putting more money into securities on average, the age group's inequality coefficient is higher than any other.
16:23
Yemen's Ambassador to Qatar, Rajeh Badi, stated in an interview with Al Jazeera on Wednesday that Houthi rebels are attempting to seize strategic locations along the Red Sea coast to strengthen their control over maritime routes and launch more effective attacks on vessels. He warned that if the Houthis succeed in stifling Red Sea shipping, the impact could be greater than a disruption in the Strait of Hormuz, as the Red Sea and Bab el-Mandeb Strait are lifelines for global energy and food supplies.
16:19
Japan's government plans to co-invest in overseas biomass fuel projects with private companies, aiming to diversify energy sources away from fossil fuels, Nikkei has learned.
16:13
U.S. Treasury Secretary Scott Bessent's upcoming prime-time speech at the Republican midterm convention in Dallas on Wednesday marks the first time in 50 years a sitting Treasury secretary will speak at a national political convention. This move is raising concerns about how his political role could affect market confidence in his management of U.S. debt markets. The speech comes as the Treasury Department announced a $6 billion long-term debt buyback this week, with 10-year Treasury yields rising to 4.84% mid-afternoon Wednesday, higher than any point of Trump's term.
16:10
Bloomberg reported that Palmer Square Capital Management, a $37 billion credit firm run by husband and wife Chris and Angie Long, is exploring a sale of its business. Under their leadership, the company has grown to become one of the largest issuers of collateralized loan obligations (CLOs).
16:06
Apple Inc. on Wednesday unveiled the Apple Watch Series 12 and Apple Watch Ultra 4. Both smartwatches feature no major hardware updates but introduce several AI-driven software features, including "Audio Intelligence" and "Sound Recognition," which offer real-time conversation recall and environmental sound alerts. The Apple Watch Series 12 starts at $399, and the Ultra 4 starts at $499. Pre-orders begin today, with availability on September 18.
16:06
Apple Inc. on Wednesday unveiled its first foldable phone, the iPhone Duo, featuring a 7.6-inch Retina display when unfolded and a 5.4-inch external screen. The iPhone Duo is equipped with a 48-megapixel main camera and an ultra-wide-angle camera, with a hinge made of 5-grade aluminum. Starting at $1,999 (256GB storage), pre-orders will begin on October 16, with official market availability on October 23.
15:58
China's Commerce Ministry on Wednesday forcefully replied to claims by three US agencies (FBI, NSA, CISA) that top Chinese AI companies like DeepSeek, Alibaba, and Moonshot AI have engaged in “industrial scale” theft of US AI models. The ministry dismissed the allegations as an attempt by the US to monopolize the AI industry and warned of resolute countermeasures if the US suppresses Chinese AI companies under the pretext of targeting distillation.
15:32
Republicans are making a congressional stock-trading ban part of their anti-corruption pitch at their midterm convention, with Rep. Anna Paulina Luna expected to call for restrictions. This comes as President Donald Trump's investment accounts remain highly active, disclosing at least $858 million in assets and more than 21,000 trades in 2025. The House-passed restrictions promoted by Republicans would apply only to members of Congress, not the president.
15:23
Apple's Chief Hardware Officer Johny Srouji revealed at Wednesday's "Surprise and Shine" event that the company utilizes AI algorithms during manufacturing to precisely match each hinge with its most compatible casing. This process involves confocal laser scanning the topology of each unit and 3D printing up to 25 layers of custom photopolymer microlayers to eliminate residual ripples.
15:14
The National Oceanic and Atmospheric Administration (NOAA) announced on Wednesday that the contiguous United States experienced its hottest summer on record, with an average temperature of 23.6 degrees Celsius (74.4 degrees Fahrenheit) from June through August. This was 1.7C (3F) above the 20th-century average and 0.2C (0.4F) hotter than the previous record. August also marked the hottest August on record. NOAA noted that four of the five hottest US summers have occurred in the past five years, attributing this broader warming trend largely to the burning of fossil fuels.

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