Morning Edition · Tuesday, September 29, 2026
Macro
Oil Near $107 Pushes US Yields to a 19-Year High Before Wednesday's Inflation Report
The relationship between crude oil prices and Treasury borrowing costs is the closest it has been since 1990, according to the Financial Times, and traders have increased bets that Federal Reserve Chair Kevin Warsh will raise interest rates again.
Markets
Trump Says He Is Considering a US Diesel Export Ban as Britain Lobbies for an Exemption
UK Chancellor of the Exchequer John Healey confirmed talks with Washington, while European traders told CNBC they doubt the ban will happen.
Crypto
Gold Falls About 3 Percent and Bitcoin Holds Near $83,000 as Real Yields Climb
Both assets fell this week even as conflict risk in the Gulf remained high, as rising Treasury yields and a stronger dollar outweighed demand for safe havens.
Geopolitics
Washington Floats Sanctions Relief for Iranian Nuclear Concessions as Tehran Denies a UK Airbase Plot
US officials say Trump would release frozen Iranian funds for verified nuclear progress, a claim Trump himself later denied, while Tehran denies a UK airbase plot.
Tech
AMD Buys Fei-Fei Li's World Labs for $8.2 Billion in Stock and Its Shares Fall 4 Percent
The Stanford University computer scientist will become AMD's chief scientist as the company works to build a software ecosystem that can compete with Nvidia's.
Tech
OpenAI Shelves a New Model on Safety Grounds as Pope Leo XIV Rejects Calling AI Risk a Hoax
The company withheld a system it had prepared to release, and the pope publicly criticized technology executives who argue against any safety limits.
Macro
Germany and Five Other Capitals Demand Hundreds of Billions in Cuts to the EU Budget
Berlin rejects additional joint borrowing to close the funding gap in a proposed 2 trillion euro budget framework that Brussels wants agreed by the end of the year.
Geopolitics
UAE Confirms Netanyahu's Four-Hour Abu Dhabi Visit as Riyadh Reaches Out Over the Yemen Rift
Two days after the trip, the Emirati state agency acknowledged the meeting, while Saudi Arabia's defence minister invited the UAE vice-president for talks.
Geopolitics
Russian Strike Kills Two at Kyiv's Academy of Sciences as Explosions Hit Odesa
Moscow's forces claim destruction of more than 20 Ukrainian rotation vehicles in the north, and both sides continue to target infrastructure far from the contact line.
Geopolitics
Russia Warns NATO That Blockading Kaliningrad Would Risk Direct Armed Conflict
Moscow's embassy in Belgium says it would use its full arsenal to defend the exclave, in a message delivered to the alliance's international staff.
World
Ethiopia Accuses Sudan and Eritrea of Backing Tigray Forces as Sudan Rejects Outside Solutions at the UN
Khartoum denies the Ethiopian allegation, and its foreign minister addressed the General Assembly after Washington refused a visa to General Abdel Fattah al-Burhan.
World
Myanmar Air Strike on a Rakhine Market Kills Dozens, With Death Tolls Reported Between 33 and 49
Aid workers now put the toll from Monday's strike near a Kyauktaw township market at 50 dead and 58 injured, after early counts ranged from 33 to 49.