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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint

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Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

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Current price of oil as of September 11, 2026

1

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepoint

2

Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listen

3

Current price of oil as of September 11, 2026
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cartel
The ghost cartel — your pricing algorithm may have stopped competing without your knowledge

Antitrust law was built to catch human agreements. It has no name for what machines learn to do on their own.

By François CandelonSeptember 12, 2026
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Boards were built for a vertical world. Risk has gone horizontal
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After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety
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Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025.
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Lululemon’s new CEO inherits a mess that looks like the one she left at Nike
Lululemon’s new CEO inherits a mess that looks like the one she left at Nike

The new CEO faces an uphill battle in getting people to want Lululemon gear again.

By Phil WahbaSeptember 12, 2026
‘If the Bloomberg Terminal bros are unhappy with what I’m doing, that’s too bad’: Bessent says he’ll continue ‘ignoring the noise’

“I’m not sure where the beef is,” Bessent said.

By Eleanor PringleSeptember 11, 2026
‘The global economy as we know it would come to a sudden halt’: Shipping authorities from 18 countries warn of a ‘two-tier’ system imperiling trade

The Consultative Shipping Group said the emergence of shadow fleets have created a split in maritime systems: “one governed by rules, the other by opacity.”

By Sasha RogelbergSeptember 10, 2026
Trump’s $5,000 pledge and the bond market revolt shows it’s a voter bribe — costing every American $8,000

Bill Clinton learned about the bond vigilantes within a week. Donald Trump and Scott Bessent keep refusing to do so.

By Jeffrey Sonnenfeld and Steven TianSeptember 10, 2026
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North America
More in North America
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11
Howard Lutnick, Larry Silverstein, Jim Pierce and Mitt Romney all had last-minute changes of plan that kept them out of the WTC on 9/11

A school run, a doctor’s visit, a budget fight in Congress. Small shifts in plans kept dozens of people out of the World Trade Center that morning.

By Catherina GioinoSeptember 11, 2026
50 multimillionaire Gen Zers went on a two-week Goldman Sachs bootcamp—they learned how to read the news, invest in art, and communicate better

Goldman Sachs gathered 50 Gen Z multimillionaire heirs for a two-week crash course on investing in sports, building confidence, and reading the news.

By Emma BurleighSeptember 11, 2026
NATO Innovation Fund on liftoff: the first European private company reaching orbit

For decades, European companies have built extraordinary satellites, telescopes and space science programs but have steered clear of getting into orbit.

By Patrick Schneider Sikorsky and David OrdonezSeptember 11, 2026
$9.999 and maxed out: California diesel prices overwhelm pump displays as global supply crunch worsens

Diesel prices soar to new record highs with no signs of slowing down anytime soon.

By Jordan BlumSeptember 10, 2026
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Asia
More in Asia
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’
Exec gave his Gen Z kids a list of  ‘daddy tips’ when they became old enough to work—it included showing up on time and ‘bringing value to a meeting’

Bosses say Gen Z lack basic people skills. One exec turned decades of career advice into a cheat sheet for his own daughters before they started work

By Orianna Rosa RoyleSeptember 11, 2026
AI solves overtourism’s ‘concentration problem’ by helping people find hidden gems, says Klook cofounder Ethan Lin

In Klook’s Travel Pulse survey of roughly Gen Z and millennial travelers across Asia, 57% said they had used AI to find new destinations or experiences.

By Angelica AngSeptember 11, 2026
‘Parents see themselves more as a client of the school’: Underperformance in class leads to apathy at home

A 40% non-response rate means the OECD couldn’t break out America’s worst-ever PISA reading scores by race or income this year.

By Sharon Lurye and The Associated PressSeptember 10, 2026
Chinese car exports are increasingly flooding the world despite all of the west’s (mixed) efforts to keep them out

Carmakers are expanding in Europe, Latin America, Africa and Southeast Asia as they face weak demand at home, with domestic sales falling 25.6%

By Chan Ho-Him and The Associated PressSeptember 10, 2026
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Global
More in Global
Peter Levin, co-founder of Griffin Gaming Partners, sits in front of a microphone.
‘Combine your passion with an investment strategy’: Meet the venture capital using 500,000 Pokémon and trading cards as a hedge against a debt crisis

Peter Levin thinks collectibles and trading cards are here to stay in the alternative asset market.

By Joshua HongSeptember 12, 2026
Technology can help people sound fluent in a language, but proficiency still requires human interaction, expert says

Apps and AI can teach vocabulary and smooth an exchange, but proficiency depends on what someone can do when the script runs out.

By Tatiana SatauaSeptember 12, 2026
Binge watching and binge shopping come together: Amazon lets Prime viewers buy what characters wear and use, or the next closest thing

Amazon’s new Prime Video feature uses AI to help viewers shop for products that look like what they see on screen.

By Marco Quiroz-GutierrezSeptember 11, 2026
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint

Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet their Iranian counterpart on Monday.

By Jason MaSeptember 11, 2026
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Middle East
Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude's other chokepointplaceholder alt text
By Jason MaSeptember 11, 2026
Economy
Scott Bessent dared the $32 trillion bond market with 'I am the house now' statement. It didn’t listenplaceholder alt text
By Marco Quiroz-GutierrezSeptember 10, 2026
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Current price of oil as of September 11, 2026placeholder alt text
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