Oil Prices Rise as Hormuz Shipping Risks Persist
While renewed escalation could push crude prices higher, confirmation of direct U.S.-Iran talks at this week's U.N. General Assembly could weigh on prices by raising expectations for increased supply.
----
U.K. Government Borrowing Rose in August as Budget Looms
The U.K. government borrowed more in August than a year earlier, a setback for its plans to reduce its deficit as it prepares to outline a new budget next month.
----
In Trump, Xi Sees 'Rare Window' to Convince Taiwan That Resistance Is Futile
Beijing is courting Taiwan's opposition-and quietly helped stage its leader's landmark visit to the mainland-to pull the island into its orbit.
----
Saudi Arabia Spent Months Trying to Bypass Hormuz. Now There's No Way Around It.
With its Red Sea bypass route disrupted by attacks from Yemen and Iraq, the world's oil kingpin is returning to the waterway it was trying to avoid in the first place.
----
Iran's President Gets Rare Opportunity to Make His Case to the World
Masoud Pezeshkian is expected to speak at the United Nations on Wednesday, giving him a platform to rail against the U.S. and try to sway the world to Iran's side.
----
Trump to Address World Leaders. What It Means for Oil Prices.
Wars and the oil market will likely be on the president's agenda in meetings with world leaders following the speech.
----
The Magnificent Seven Is Roaring Back, Fueled by Meta's Rally
Surging tech shares lifted the Nasdaq composite to a record close, and left AI safety fears in the dust.
----
U.S. Proposes $5 Billion to Kickstart Fund to Rebuild Gulf Energy Sites
The proposal is under discussion with several Middle Eastern countries including Saudi Arabia and U.A.E.
----
Junk-Bond Market Gets AI Jolt from SoftBank
SoftBank Group is issuing over $11 billion in junk-rated bonds.
----
Africa Digs Up Tons of Illicit Gold. A Fabled Refinery Wants to Make It Legit.
The century-old Rand Refinery, long the go-to destination for Africa's commercially mined gold, is trying to integrate often-problematic artisanal gold into its supply.
----
Trump Looks to Sideline Canadian Potash With Belarusian Supply Deal
President Trump is signaling a potential agreement to purchase lower-priced potash from Belarus, a move that could challenge Canadian exporters.
----
Fed's Goolsbee Says Inflation Components Matter Just as Much as the Overall Pace
Goolsbee says he's watching both the details and the overall rate of inflation to guide monetary policy.
----
Canada to Enshrine Expedited Project Reviews With Legislation
The legislation also attempts to minimize labor disruptions in key trade-focused parts of the economy like railways and ports.