Morning Edition · Saturday, November 14, 2026
Macro
US Treasuries post their worst week since April 2025 as hot inflation locks in a December Fed hike
The 10-year yield rose about 0.3 percentage point to roughly 5.16%, futures now fully price a quarter-point increase next month, and one Fed governor has raised the possibility of a half point.
Markets
Gold drops about 4% for the week and bitcoin breaks below $70,000 as rate-hike bets build
Bitcoin slid to about $67,400 by Saturday, more than $1 billion in leveraged positions were forcibly closed, and a crypto sentiment gauge reached "extreme fear." Gold hit a more-than-one-year low on Thursday.
Geopolitics
White House says Trump, Xi and Putin will meet in Shenzhen on nuclear arms and Iran, not Ukraine
A senior US official expects no agreement. Europe is not part of the three-way meeting and has agreed on a six-member team to represent it in talks with Russia.
Macro
Iran drafts next year's budget on the assumption that oil revenue falls to zero
Brent was headed for a second weekly loss near $96 a barrel after President Trump said a deal with Iran was not needed to end the war and the US blockade would stay.
Geopolitics
Revolutionary Guards say they destroyed a US radar in Bahrain, and US Central Command says it shot down two drones
Reuters called it the first Iranian claim of an attack on US military assets in a Gulf state since early September, and Globes reports that the head of Mossad is in Washington while Prime Minister Netanyahu presses to resume the war.
Tech
Nvidia sounds out Arm's Rene Haas for chief executive as Congress questions chip-export enforcement
Nvidia shares fell for a sixth straight week after Jensen Huang's resignation, Nikkei Asia reports that China sees his quick fall as a political blow, and US officials say Trump will not raise the "Nvidia spy issue" with Xi.
Tech
Anthropic's international retail offering leaves out India as the AI company seeks a valuation of up to $1.4 trillion
Anthropic has set a $70 to $78 price range for 825 million shares, and people cited by CNBC expect trading on the Nasdaq to begin November 19.
Tech
China's consultation on banning solar-technology exports closes Sunday as Indian manufacturers turn to Germany
Beijing's draft would prohibit exports of perovskite-tandem and thin-wafer manufacturing know-how and restrict several high-efficiency cell technologies, which threatens India's plan for 100 gigawatts of upstream solar capacity.
World
FAA lifts a nationwide ground stop of more than four hours after an air traffic control communications failure
More than 8,100 flights were cancelled and about 8,600 delayed, and the Transportation Secretary is seeking $50 billion to replace equipment officials described as decades old.
Geopolitics
Japan weighs a ¥60 trillion five-year defense plan, below the ¥70 trillion to ¥80 trillion its Defense Ministry says it needs
The figure would be about 40% above the current ¥43 trillion plan, and Kyodo reports that a corporate tax increase is under discussion to help pay for it.
Geopolitics
Russia's state news agency puts Ukraine's port losses above $7 billion as Kyiv reports 630 locomotives destroyed
Merchant ships still avoid Odesa, Chornomorsk and Pivdennyi after nearly four months, and President Zelensky has started regular meetings with mayors on winter preparations.
Crypto
Paraguay's state utility will end cheap power contracts for bitcoin miners in 2027 and has signed a 15-year AI deal
Miners pay Paraguay about $350 million a year for electricity at $44 per megawatt-hour, and the utility calls the December 31, 2027 expiry date final.