Morning Edition · Thursday, September 10, 2026
Macro
Trump Offers Every American Adult $5,000 If Republicans Keep Congress
The pledge, which press estimates put above $1 trillion, landed on the same day the 10-year Treasury yield reached 4.85 percent, its highest level since 2023.
Geopolitics
Houthi Forces Capture the Red Sea Port of Mocha, Reaching Within 70 Kilometers of Bab el-Mandeb
The internationally recognized government lost its last fully controlled Red Sea harbor and pulled back to Dhubab, and October West Texas Intermediate futures crossed $100 a barrel as traders priced a second threatened chokepoint.
Macro
Chinese and American 10-Year Borrowing Costs Diverge to the Widest Gap on Record
The 3.17-percentage-point spread, driven by a US yield of 4.85 percent against China's 1.68 percent, raises the cost of every long-dated project Asia is trying to finance.
Macro
Bank of Japan Board Member Says Rate Increases Will Continue Until Inflation Settles at 2 Percent
Swap contracts now imply roughly a 97 percent chance the central bank lifts its benchmark from 1 percent on September 18, after Japanese 10-year yields touched 3 percent.
Markets
Brent Crude Closes Above $100 as Gold Climbs and Global Equities Fall
Oil's move to $100.44 pushed the S&P 500 down 0.48 percent, lifted spot gold 1.1 percent to about $4,402 an ounce, and left bitcoin near $79,000.
Geopolitics
US Sinks Five Iranian Tankers, Iran Strikes More Than a Dozen Ships, and Brent Passes $100
A seafarer was killed off Dubai in the largest exchange of attacks on shipping since the war began, and Iran again fired ballistic missiles at the Jordanian air base that hosts American aircraft.
Geopolitics
Ukrainian Drones Hit a Russian Caspian Port as Moscow Strikes Ships in Odesa
Both sides spent the night attacking the other's ports and cargo handling, moving the war further into the logistics that carry grain, fuel and imports.
Tech
Apple Unveils Its First Foldable iPhone Under a New Chief Executive
Shares in Redington, an Apple distribution partner in India, rose 5 percent on the announcement, though analysts expect Samsung to keep the larger share of the foldable market.
World
Copernicus Reports August as the Hottest Month Ever Recorded Globally
The European Union climate monitor put the global average air temperature 1.65 degrees Celsius above the pre-industrial reference, with Western Europe recording its warmest summer.
Geopolitics
Russia's FSB Says It Detained a Former British Embassy Guard as a Ukrainian Agent
The security service also claimed Kyiv planned attacks on diplomats in Moscow, allegations that Britain and Ukraine have not confirmed.
World
Ukraine's Anti-Corruption Bureau Turns on Officials Close to Zelenskyy
The agency's prosecutions of figures in the president's circle have become a condition of Western financial support and a source of friction inside the wartime government.
Macro
IMF Dropped Its Leading Chief Economist Candidate Over Criticism of Trump's Tariffs
The London School of Economics professor Ricardo Reis had written that the trade war would hurt American consumers, and the fund had already filled the post with another LSE economist by the time his spurning was reported.
Tech
Venture Investors Return to Long-Horizon Bets as AI Reshapes Where Capital Goes
The shift toward speculative, capital-intensive projects arrives as artificial intelligence starts displacing work in industries such as news production across Asia.