Economy

A diesel fuel pump at a gas station showing record high prices

Diesel Hit a Record $6.53 a Gallon. Trump’s Answer Is to Stop Selling It Abroad.

Donald Trump endorsed a ban on US diesel exports at the UNGA, with the national average at a record $6.53 a gallon. Treasury Secretary Bessent said the administration is examining feasibility, while

September 22, 2026

by Amanda Graham

Saudi Arabia East-West oil pipeline infrastructure with Aramco facilities

Saudi Arabia Restarts East-West Pipeline as Crude Falls Below $100

Saudi Aramco restarted the East-West pipeline on Tuesday after nine days offline from drone strikes, sending Brent crude below $100 a barrel for the first time since early September. Iran diplomacy signals at UNGA reinforced the move, though full pipeline

September 22, 2026

by Economy Desk

Masayoshi Son SoftBank record bond offering OpenAI investment

SoftBank Launches Record $11 Billion Junk Bond Sale: Masayoshi Son’s $64B AI Bet

SoftBank Group launched a record $11 billion junk bond Monday to fund its OpenAI third tranche,

Wall Street equity market trading floor rate-sensitive sectors homebuilders utilities REITs 2026

Waller Rules Out 2026 Rate Cut. S&P 500 Surrenders Its Morning Rally.

Fed Governor Waller told New York bankers Monday that no rate cut would come in 2026,

Trump and Iranian President Pezeshkian at the United Nations General Assembly 2026

Oil Below $100 as Iran Heads to UNGA and Saudi Exports Surge

Brent crude fell to $101.75 and WTI crossed below $100 Monday as Donald Trump signalled openness to meeting Iran's Pezeshkian at UNGA — but analysts at Fitch held their war premium unchanged,

September 21, 2026

Business·Conflicts, Military and War·Economy·News

Oil traders respond to Trump offer to meet Iranian President Pezeshkian at UN General Assembly as Brent crude slides to 11-day low

Oil Falls to 11-Day Low as Trump Offers to Meet Iran at the UN

Brent crude fell 2.12% to $101.67, an 11-day low, after Trump offered to meet Iran's president at the UN in what traders read as the first public diplomatic signal since the conflict

September 21, 2026

Business·Conflicts, Military and War·Economy·News

Petrol station forecourt in France showing record diesel prices amid the US-Israel war on Iran energy crisis

French Diesel Surpasses €2.41 as US-Israel War Drives European Fuel to All-Time Highs

France broke its diesel record for the second day running, with the average crossing 2.41 euros per litre across 8,700 stations. The price reflects what European consumers are absorbing from the US-Israel

September 21, 2026

Business·Economy·News

Gold bars stacked on a dark surface as prices post first weekly gain in a month on oil retreat

Gold Posts First Weekly Gain in a Month as Oil Drag Eases Fed Pressure

Gold spot prices touched a one-week high of $4,390 on Friday and logged their first weekly gain in four weeks, as Brent crude's 4.21% collapse softened the inflation pressure that had weighed

September 21, 2026

Business·Economy·News

Oil barrels and trading chart as Brent crude falls on UNGA Iran diplomacy hopes

Oil’s Four-Day Slide Signals the Iran Risk Premium Has Peaked at UNGA

Oil posted its longest losing streak in three months as the Iran war risk premium deflated at UNGA. Brent settled at $101.71, WTI fell below $100 for the first time since August,

September 21, 2026

Business·Economy·News

Federal Reserve building Washington DC as Kevin Warsh raises interest rates September 2026

Warsh’s 30-Minute Presser Split the Market Into Two Economies

The Fed's first rate hike since 2023 split Wall Street into two markets: Dow -733 points, Nasdaq +2.6%. Kevin Warsh's 29-minute presser — shortest since 2011 — left markets to decipher two

September 21, 2026

Business·Economy·News

Stock market futures showing gains ahead of the Trump-Xi Washington summit as traders position in Boeing, Nvidia, and semiconductor sectors

Trump-Xi Summit Puts Boeing, Chips, and Soybeans on a Three-Day Clock

With Xi Jinping due in Washington on Thursday, investors in Boeing, Nvidia, and a dozen semiconductor names are watching three specific paragraphs — soybean commitments, chip licensing language, and rare earth timelines

September 21, 2026

Business·Economy·News

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng met for eight hours at JPMorgan Chase headquarters in New York

US and China Agree on AI Safety Dialogue After Eight Hours at JPMorgan

Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng emerged from eight hours of talks at JPMorgan Chase's Manhattan headquarters with a first-of-its-kind agreement to establish a bilateral AI safety notification

September 21, 2026

Artificial Intelligence·Business·Economy·News·Technology

US Treasury Secretary Scott Bessent after US-China trade talks ahead of Trump-Xi summit

Bessent’s China Breakthrough Lifts Stocks Before Trump-Xi Summit

Bessent called US-China talks 'very successful' on Monday, lifting stock futures ahead of the Trump-Xi summit. The market is still absorbing the Federal Reserve's first rate hike since 2023, the 10-year yield

September 21, 2026

Business·Economy·News

Japan Self-Defense Forces personnel during a drill as Japan approves record defense budget targeting 2 percent of GDP

The US Asked Japan to Spend More on Defense. Its Bond Market Said No.

Japan's 30-year bond yields hit a three-decade high after Bloomberg reported Tokyo was weighing a 3.5% GDP defense target under US pressure. The move would make Japan the world's third-largest military spender,

September 21, 2026

Business·Economy·Government and Politics·News

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Economy

Diesel Hit a Record $6.53 a Gallon. Trump’s Answer Is to Stop Selling It Abroad.

Saudi Arabia Restarts East-West Pipeline as Crude Falls Below $100

SoftBank Launches Record $11 Billion Junk Bond Sale: Masayoshi Son’s $64B AI Bet

Waller Rules Out 2026 Rate Cut. S&P 500 Surrenders Its Morning Rally.

Oil Below $100 as Iran Heads to UNGA and Saudi Exports Surge

Oil Falls to 11-Day Low as Trump Offers to Meet Iran at the UN

French Diesel Surpasses €2.41 as US-Israel War Drives European Fuel to All-Time Highs

Gold Posts First Weekly Gain in a Month as Oil Drag Eases Fed Pressure

Oil’s Four-Day Slide Signals the Iran Risk Premium Has Peaked at UNGA

Warsh’s 30-Minute Presser Split the Market Into Two Economies

Trump-Xi Summit Puts Boeing, Chips, and Soybeans on a Three-Day Clock

US and China Agree on AI Safety Dialogue After Eight Hours at JPMorgan

Bessent’s China Breakthrough Lifts Stocks Before Trump-Xi Summit

The US Asked Japan to Spend More on Defense. Its Bond Market Said No.

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Diesel Hit a Record $6.53 a Gallon. Trump’s Answer Is to Stop Selling It Abroad.

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Russia Strikes Dnipro Steel Plant as Zelenskyy Declares Energy Truce

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