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9/12
06:55
Goldman Sachs' latest research report: Rising interest rates do not equal a US stock market crash; earnings growth is the key to a bull market.
Goldman Sachs' latest research report on September 11 states that rising interest rates are not the end of the US stock bull market; earnings growth is the key driver. The firm believes that despite the 30-year US Treasury yield surging to a nearly 20-year high of 5.3%, the US stock bull market has a solid foundation as long as corporate earnings remain strong and balance sheets are healthy. Goldman Sachs' analysis indicates that historical data shows the S&P 500's average return was -2% in the initial three months of Federal Reserve rate hikes, but the average return soared to +9% in the 12 months following the hikes. The firm expects the Federal Reserve to raise interest rates by another 25 basis points next week and forecasts S&P 500 earnings per share (EPS) to reach $340 in 2026 (a 24% year-over-year increase) and $385 in 2027 (a 13% year-over-year increase). Goldman Sachs advises companies to enhance earnings growth through AI investments, mergers and acquisitions, and spin-offs to withstand valuation pressure.
06:21
ECB President Christine Lagarde: Europe faces new challenges, including a nearly one-fifth decline in Eurozone exports due to US tariffs, and an outflow of talent and capital.
ECB President Christine Lagarde, speaking in Normandy, stated that Europe is facing increasing global volatility, including the Russia-Ukraine conflict, energy shocks, US tariffs, and the Middle East conflict. She noted that since early last year, exports from Eurozone companies affected by US tariffs have fallen by nearly one-fifth. Furthermore, Europe's shortcomings in the digital services single market and cross-border capital flows have led to over 400 companies founded by Europeans, with a combined valuation of approximately $1.8 trillion, developing outside of Europe, and European savings flowing overseas in search of higher returns. Lagarde emphasized that Europe needs to complete the single market and effectively utilize savings to address these challenges.
06:14
Revolut fell for a fake government request, exposing customers' Bitcoin activity, passports, selfies, and home addresses, though no funds were lost, the firm said Saturday.
06:09
U.S. mortgage rates rose for a second consecutive day, with the 30-year fixed rate climbing to 6.91%.
U.S. mortgage rates rose for a second consecutive day on Saturday, September 12, 2026, according to Zillow's lender market data. The 30-year fixed rate increased by 8 basis points to 6.91%, the 15-year fixed rate rose by 14 basis points to 6.37%, and the 5/1 ARM rate climbed by 1 basis point to 6.85%.
06:05
China's Xi Jinping at BRICS Summit: BRICS countries should firmly stand on the right side of history
06:05
CIA declassified pre-9/11 documents showing that the US President had been warned that Osama bin Laden and Al-Qaeda might use planes to attack American cities.
The Central Intelligence Agency (CIA) has declassified a series of presidential briefing documents, revealing that U.S. leaders were informed about Osama bin Laden and al-Qaeda in the years leading up to the 9/11 attacks. The documents, covering the period from February 1998 to September 12, 2001, show that the CIA tracked bin Laden's movements, finances, and domestic and international networks. One briefing warned that the organization "could crash an explosives-laden plane into a U.S. city," while other documents mentioned that some individuals in bin Laden's network had received hijacking training and sought materials to create radioactive "dirty bombs." This marks the largest declassification of presidential daily briefings by the CIA to date, but the documents do not provide new information about the attack plans. Instead, they reinforce the view that intelligence agencies possessed a large amount of fragmented information but failed to integrate it in a timely manner.
06:02
Trump on Irish Unification: It Will Happen Eventually
06:01
Donald Trump said he expects a trade deal with Canada to be reached soon.
06:01
Trump on Saudi pipeline attack: Houthis don't want to fight with us
06:00
Trump says Iran likely responsible for Saudi oil pipeline attack
06:00
Donald Trump stated regarding the Saudi oil pipeline attack that the Saudi Crown Prince is a good friend of his, and everything will be alright.
05:59
Trump on Iran: Oil prices will tumble when the war ends.
05:24
Several Wall Street banks have raised their forecasts for US August Core PCE, with Goldman Sachs, Bank of America, and others expecting it to reach 0.26% or higher.
Wall Street economists have raised their forecasts for the US August Core PCE after the latest CPI data release. Currently, predictions are generally above 0.20%, with Goldman Sachs expecting 0.26%, Bank of America and Mizuho forecasting 0.30% or higher, and TD Securities projecting 0.32%.
05:11
HSBC to begin search for new CFO as Pam Kaur announces 2027 retirement
05:10
BRICS Agrees Joint Declaration Condemning Unilateral War Amid Iran Conflict
BRICS members have agreed on a joint declaration condemning unilateral war by any country, four sources told Reuters, though the statement is unlikely to name specific nations. The agreement follows efforts to bridge divisions between Iran and the UAE over the Gulf conflict, with BRICS leaders expected to formally approve the declaration today.
05:09
Trump on Iran: Everything Will Work Out Fine
04:57
Sweden holds knife-edge general election on Sunday
Voters are weighing issues such as migration, crime, and the economy, with the potential for the far-right Sweden Democrats to enter government for the first time.
04:57
Russia's Defence Ministry says its forces struck Ukrainian steel plants in Zaporizhzhia, Dnipro and Kryvyi Rih, and two cargo vessels in the Black Sea port of Chornomorsk.
The ministry stated on Saturday that these strikes targeted industrial facilities across Ukraine, including Zaporizhstal and Interpipe Steel complexes. The attacks followed Ukrainian drone launches on industrial facilities in Russia's Samara region.
04:53
Iranian President Pezeshkian stated in India that he would not succumb to the US and Israel, while Indian Prime Minister Modi called for resolving the Middle East conflict through dialogue.
Iranian President Masoud Pezeshkian, during his first visit to India, stated that Iran would not succumb to the United States and Israel, emphasizing that Iran has successfully resisted the aggression of both countries. He made these remarks while addressing Indian religious leaders in New Delhi on the eve of the BRICS summit. On Friday, Pezeshkian also met with Indian Prime Minister Narendra Modi, who expressed concern over the safety of seafarers and called for the resolution of Middle East conflicts through dialogue and diplomacy to ensure freedom of navigation and commerce. Since the escalation of the US-Iran conflict on February 28, the transport of oil and other goods through the Strait of Hormuz has significantly slowed, leading to a surge in global crude oil prices.
04:05
Robert Friedland on the World’s Monumental Shortage of Copper
04:01
AI Tools Are Reshaping Stock Trading and Investment Research in China
Hong Kong-based quantitative trader Ryan Lei now delegates much of his investment research to artificial intelligence. For a recent bet tied to a major technology initial public offering, Lei used Futu’s AI agents to collect data on similar listings over the past decade and analyze their post-debut performances, which informed his short position.
03:43
Iranian lawmaker says Tehran rejects unconditional talks with US, deeming them "futile."
Iranian lawmaker Ebrahim Azizi stated that Tehran would not negotiate with the United States without its conditions being met, calling such talks "futile" otherwise. This statement comes amid pushes by the US and the EU for unconditional negotiations, and growing speculation about a potential diplomatic re-engagement between Washington and Tehran.
03:22
BRICS summit begins in India; Iran-UAE dynamic key to joint statement
03:18
Elon Musk reposts tweet, Yale AI Association kicks off academic year with live Grok Bot demo at Yale University
The student group also announced a contest to build a useful app for Yale. Cursor brought the event to campus and offered attendees a free month of Cursor Pro.
03:10
India's Markets Regulator Proposes Overhaul of Closing Auction Session After Sharp Swings and Concentrated Derivatives Activity
03:00
TRX (TRON) recorded a trading volume of $9.79 million in the past hour, which is 9.7 times its 7-day average for the same period. It is currently trading at $0.3402.
02:39
Lookonchain Monitoring: A whale spent $85.42 million USDC to buy 1,075.6 BTC in the past 4 days, at an average price of $79,412.
02:32
UN officials warn Ukraine faces "most difficult winter" since full-scale Russian invasion.
Alexander De Croo, head of the United Nations Development Programme, told the BBC that Russia's "systematic" targeting of Ukraine's energy infrastructure could lead to a "humanitarian catastrophe" if power and water supplies are cut off, with winter temperatures potentially dropping to minus 20 degrees Celsius. Ukraine is currently "racing against time" to repair its power grid to ensure its citizens have electricity and water during the winter.
02:15
BRICS leaders gather in New Delhi to discuss strengthening local currency trade and alternative payment mechanisms amid Trump administration tariffs and sanctions.
Leaders including Chinese President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, and Iranian President Pezeshkian are attending the summit, which aims to counter pressures from the US's "America First" policy and seek deeper cooperation in trade, energy, and payments. The meeting will also explore reducing reliance on the US dollar and developing alternative cross-border payment systems.
01:29
Huawei rolls out AI-based tourism promotion service for Xi'an, leveraging its BoGuan large language model trained on regional history to generate content and itineraries

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