Morning Edition · Thursday, September 17, 2026
Macro
Warsh's Fed Raises Rates for the First Time Since 2023 and Signals Another Increase
The unanimous quarter-point move to a 3.75 to 4 percent target range pushed the Dow Jones Industrial Average down 631 points, and Goldman Sachs immediately moved its call to an October hike.
Macro
Takaichi Reshuffles Her Cabinet Hours Before the Bank of Japan Decides on Rates
The prime minister kept her senior economic ministers in place and brought a Japan Innovation Party member into the Cabinet for the first time, as the central bank is widely expected to raise its policy rate to 1.25 percent.
Markets
Brent Falls 2.7 Percent as Yemeni Forces Strike Houthi Positions and a Saudi Base
Riyadh has asked allies for missile defence support while Washington rules out a direct role, and the United States says a damaged Saudi pipeline will restart within days.
Geopolitics
US Congress Passes Russia Sanctions Bill Authorising Tariffs of Up to 100 Percent on Oil Buyers
The measure cleared the House of Representatives by 262 to 159 and gives the president discretion to target India and China, while exempting countries judged to be cutting Russian energy purchases.
Geopolitics
Trump Says EU Associate Membership for Canada Could Be a Hostile Act
Berlin is already resisting a fast track for Ottawa, leaving the most ambitious transatlantic realignment since the tariff war short of the votes it needs.
Markets
Brussels Asks Beijing to Cap Chinese Hybrid Car Sales at About 15 Percent of the EU Market
The request would replace tariffs with negotiated volume limits after Chinese carmakers shifted to plug-in hybrids to get around European duties on battery-electric vehicles.
Crypto
Bitcoin Holds Above $76,000 After the Fed Hike, With Zcash Up 23 Percent
Digital assets rose on a decision that removed uncertainty rather than added liquidity, while gold traded near $4,340 an ounce and silver near $64.
Geopolitics
Drone Attack Sets Fire to a Refinery Near Yaroslavl as Turkish Sailors Sue Ukraine at the ICC
Russia's governor reported no casualties at the plant, while the crew of a cargo ship killed in a separate strike has taken its case to an international court.
Geopolitics
United States Denies Visas to Palestinian Officials Before the UN General Assembly
Palestinian President Mahmoud Abbas is barred for a second consecutive year, a decision that tests the host country agreement governing access to the United Nations headquarters.
Tech
Markets Are Already Discounting AI Risk Before the Safety Debate Reaches Regulators
The Financial Times reports that investors were already signalling discomfort with the valuations of artificial intelligence (AI) companies before the latest wave of concern, while Japanese and Russian commentary points to practical failures rather than existential ones.
Geopolitics
Autonomous Weapons and Orbital Capabilities Outrun the Treaties Written for Them
Iran is reported to have recovered an American unmanned submarine intact, an example of how battlefield technology now spreads by capture as well as by export.
World
Hong Kong Adopts Its First Five-Year Plan as Chinese Airports Climb Global Connectivity Rankings
John Lee's policy address imports mainland planning practice into the territory, while Guangzhou records the fastest rise in a global airport connectivity ranking and Pakistan signs safeguards for a Chinese-built reactor.