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9/16
16:36
The memorandum, issued on September 17, 2026, instructs the Director of the Office of Management and Budget and the United States Trade Representative to identify and take steps to remove or make non-available Canadian origin items in the Federal civil procurement system. This action is a direct response to Canada's 'Buy Canadian' policy, which the US alleges has unreasonably imposed new barriers on US companies accessing the Canadian government procurement market, while Canadian companies continue to have preferential access to the US system, covering over $280 billion annually.
16:36
President Trump signs Executive Order to improve Chesapeake Bay water quality by cutting administrative costs and reallocating federal resources, avoiding new "rain taxes" on residents. The Order rescinds the Obama Administration's 2009 Executive Order 13508, which led to "rain taxes" imposed by States or localities, and directs federal agencies to focus resources on direct, on-the-ground projects for measurable water quality improvements without increasing costs for individual residents.
16:36
The White House stated that this move aims to correct harmful economic impacts, such as the "rain tax" levied in some areas due to the 2009 executive order, and noted significant improvements in Chesapeake Bay water quality, with sediment and phosphorus reduction targets for 2025 largely met. The new order directs federal agencies to concentrate resources on more direct and impactful water quality improvement projects, and instructs the EPA to coordinate with states to assess the burden of "rain taxes" and encourage their repeal.
16:35
The White House announced that U.S. President Donald Trump issued a proclamation declaring September 17-23, 2026, as "Constitution Week" to commemorate the 239th anniversary of the signing of the U.S. Constitution. In the proclamation, Trump criticized "communists and far-left radicals" for their anti-American rhetoric, accusing them of attempting to divide communities and poison the minds of citizens. He also stated that his administration has ended "government weaponization" and is rebuilding the economy and restoring the true history of America to uphold constitutional principles.
16:34
Houthi forces have released a video claiming to show a Saudi fighter jet that the group says was shot down in Yemen’s Marib Governorate. Al Jazeera stated it cannot independently verify the claim, and there was no immediate comment from Saudi Arabia.
16:15
The new model, dubbed Luna, will feature six built-in microphones and a button to communicate with Meta's AI chatbot and Muse, its AI consumer agent. The company's camera-equipped smart glasses have previously faced privacy concerns and accusations of being 'pervert glasses'.
16:10
GFL Environmental Inc. founder and Chief Executive Officer Patrick Dovigi said he’s open to considering offers to take the company private at a higher valuation than where its stock has been trading.
16:07
Ran Guo, J.D. candidate at Harvard Law School and affiliated researcher at the Asia Society Policy Institute's Center for China Analysis (CCA), and Lizzi C. Lee, fellow at CCA, argue that creating a competitive edge lies in making information usable and shareable, as U.S. policymakers look to China for clues to develop a data strategy for the AI era.
16:04
U.S. stocks gave back earlier gains and turned lower after the Federal Reserve raised interest rates for the first time in more than three years and signaled further policy tightening. The S&P 500 fell 0.43%, the Dow Jones Industrial Average dropped 1.17%, and the Nasdaq Composite was roughly flat. Federal Reserve Chairman Warsh stated that the economy has strengthened, but inflation remains high with little improvement.
16:03
These artifacts, dating back to the ancient Egyptian pharaonic civilization, were seized at the Port of Beirut in 2020. Lebanese Minister of Culture Ghassan Salame stated that this action is an exemplary implementation of the 1970 international convention on preventing the illicit trafficking of cultural property.
15:47
The renowned bond investor stated in a Wednesday interview with CNBC that the Federal Reserve should have raised interest rates by 50 basis points instead of 25 basis points to better combat inflation. He believes this move would have better matched the federal funds rate with the 2-year Treasury yield, and found Federal Reserve Chairman Warsh's post-meeting press conference content to be "uninspired" and "opaque."
15:24
Boeing CEO Kelly Ortberg told investors on Wednesday that stabilizing its 737 Max production is taking longer than expected, with wing production at its Renton, Washington, factory currently acting as a constraint. The company is producing about 47 of the aircraft per month and expects to increase output next year. Ortberg also reiterated that he expects certification of the Max 10 "very soon."
15:19
Japanese manufacturer Yokohama Rubber has established a new tire plant in China, utilizing locally made machinery for faster and cheaper production. This move aims to secure a larger role in the supply chains of Chinese automakers, including BYD, amidst declining Japanese car sales in China.
15:14
Federal Reserve Chairman Warsh stated that the Federal Reserve "has unwound some of the accommodation" to bring financial and credit conditions more in line with the Fed's ultimate goals. He rejected the interpretation that "policy remains accommodative after Wednesday's rate hike," and said that economists' proposed unobservable interest rate setting that "neither stimulates nor slows growth" is not applicable to the Fed's current decision-making.
15:09
According to the Financial Times, the hackers, who call themselves “iamnotavillain,” have given Revolut 24 hours to pay 6,000 XMR (approximately $3 million) or they will sell the stolen customer data to other criminal groups. The group stated they targeted customers with significant crypto holdings, affecting at least 680 Revolut accounts. The breach occurred after attackers posed as government officials to obtain customer records.
15:02
An analyst suggests investors are overly focused on Alphabet's AI model performance, rather than recognizing the company's distinct AI approach and its strong cloud potential.

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