Morning Edition · Thursday, September 3, 2026
Markets
Chevron and Eni Sign Venezuela Expansion Deals as Washington Takes Control of a Fifth of Reserves
Chevron valued its two new Orinoco Belt projects at $7 billion and said output there will more than double within five years, while Eni took exclusive rights to the Junin 5 field.
Macro
Gold Falls 1.6% as Traders Price a September Federal Reserve Rate Increase
The ten-year Treasury yield sat near 4.79 percent after a sharp rise this week, and silver dropped 2.7 percent to about $64.76 an ounce.
Crypto
Bitcoin Holds Above $77,500 After Its Strongest Month of 2026
The token gained roughly 24 percent in August and briefly traded above $80,000, but it fell alongside equities when the Federal Reserve chair turned hawkish, rather than rising with gold.
Markets
US Strikes Three Iranian Oil Tankers as Asian Importers Build Stockpiles at Home
CENTCOM disabled two Iranian tankers and destroyed a third after Iran fired ballistic missiles at a US carrier and destroyer. Traffic through the strait remains far below the roughly 20 million barrels a day it normally carries.
Geopolitics
Putin Hosts Indonesia's Prabowo at Vladivostok as Russia and China Expand a $240 Billion Project List
The two leaders met a day after Putin arrived from the Shanghai Cooperation Organisation summit in Bishkek, and Moscow separately signed a deal to build a major compound semiconductor plant in Primorye.
Tech
Uber Cuts 3,300 Jobs to Fund Robotaxis While Lobbying Alongside Driver Unions
The layoffs remove about 10 percent of staff and a fifth of management layers, and the company has earmarked more than $10 billion for autonomous vehicle technology.
Markets
Indian Shares Open Higher as Swiggy Faces Index Removal and Persistent Systems Approves a $1.25 Billion Raise
The Sensex opened up nearly 155 points but reversed over the session to close down about 417 points at 76,153, as oil-price and bond-yield concerns overtook the early rally that strategists had already called fragile.
Markets
Mainland Investors Bought Hong Kong Artificial Intelligence Stocks Through August and Sold Financials
The rotation used a market decline to add exposure to model developers such as MiniMax, at a moment when Western investors are questioning returns on artificial intelligence spending.
World
Nepal Puts Flood Death Toll at 1,243 as Officials Warn of Further Glacier Collapses
India sent a fifth consignment of more than five tonnes of medicines and an 11-member rescue team, while a senior Chinese climate official said the Tibetan Plateau is becoming less stable.
World
Russia's Prosecutor General Proposes Exempting Drone-Damaged Businesses From Inspections in 2027
The proposed moratorium would cover supervisory agencies including the prosecutor's office, a formal acknowledgement that attacks on Russian enterprises are now a routine business condition.
Geopolitics
Maduro Asks a New York Court to Dismiss Drug Charges on Head of State Immunity
His lawyers argue that only Venezuelan courts may prosecute him, testing a principle with direct consequences for how states treat one another's leaders and assets.
Markets
Western Firms Cannot Rule Out Sanctioned Smelters as Russia Markets Its Mineral Reserves
More than 160 United States companies, including Volkswagen and Amazon, listed blacklisted groups among potential suppliers, while Moscow registered 162 new deposits this year.