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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

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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

2

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
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Law
Politics
After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety
After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety

Jacob Coxon’s resignation didn’t start this fight, but his resignation ignited the moment officials on both sides stopped staying quiet about it

By Catherina GioinoSeptember 12, 2026
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
By Phil WahbaSeptember 12, 2026
Scott Bessent, US treasury secretary, during the first day of the Republican Midterm Convention at the American Airlines Center in Dallas, Texas, US, on Wednesday, Sept. 9, 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’
By Eleanor PringleSeptember 11, 2026
A dock workers watching a crane hoist up shipping containers.
‘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
By Sasha RogelbergSeptember 10, 2026
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Trump’s $5,000 pledge and the bond market revolt shows it’s a voter bribe — costing every American $8,000
By Jeffrey Sonnenfeld and Steven TianSeptember 10, 2026
Trump’s first term had real stimulus checks. His second has promised ones tied to problems he started
Trump’s first term had real stimulus checks. His second has promised ones tied to problems he started
By Catherina GioinoSeptember 10, 2026
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Law
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Lawsuit: Former Amazon workers claim pregnant women, struggling for breath, weren’t even allowed to sit down

The four plaintiffs filed a class action in a Brooklyn federal court Tuesday, accusing Amazon of violating the 2022 Pregnant Workers Fairness Act.

By Claire Savage and The Associated PressSeptember 10, 2026
17 states have an ‘unusual’ problem in big price-fixing settlement: Distributing 53 million free eggs to Americans

“There are huge administrative problems with making sure that a settlement of this nature goes according to plan,” one antitrust lawyer told Fortune.

By Sasha RogelbergSeptember 9, 2026
Thieves nabbed a $10.5 million Renoir haul, but the paintings may be worth almost nothing outside the museum

Unlike stolen jewels, paintings can’t be melted down or divided into anonymous pieces without destroying the source of their value

By The Associated Press and Wyatte Grantham-PhilipsSeptember 9, 2026
Australia vows to hold big tech companies to account on social media — with $78.6 million fines

The proposal would require an enduring feed choice while extending child-safety duties to online games, apps, and AI chatbots

By The Associated PressSeptember 8, 2026
More in Law
Politics
More in Politics
President Donald Trump gestures as he finishes his speech at the Republican convention.
Major Republican donor balks at Trump’s $5,000 ‘bread and circus bribe’ at midterm convention

Trump also acknowledged during his lengthy primetime speech that “midterms are not supposed to be won by the sitting president.”

By Lisa Mascaro, Michelle L. Price and The Associated PressSeptember 10, 2026
Trump tries to bribe Americans to vote Republican with promise of $5,000 dividend — only if the GOP wins

The payments could cost more than $1 trillion and would require congressional approval, while tariff revenue would fall far short.

By Jonathan J. Cooper and The Associated PressSeptember 10, 2026
Trump’s ‘Big Beautiful Bill’ projected to add a big, unbeautiful $3.4 trillion to the national debt over the next decade

But Americans did get another $350, on average, in their tax refunds this year.

By The Associated Press and Lisa MascaroSeptember 10, 2026
Broken bridge and commuter fury combine to defeat Rhode Island’s governor — at the hands of the CVS exec he vanquished 4 years ago

Helena Foulkes defeated Rhode Island Gov. Dan McKee in the state’s Democratic primary Wednesday, making him the first governor in any U.S. state to lose a party primary since 2018. McKee’s defeat ends his bid for a second full term and marks the first time in more than 30 years that a sitting Rhode Island […]

By Kimberlee Kruesi and The Associated PressSeptember 10, 2026
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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.
Workplace Culture
Mark Zuckerberg’s Meta bet that AI would shrink its management ranks. Now it’s quietly rebuilding them
By Fernanda TroncoSeptember 12, 2026
Peter Levin, co-founder of Griffin Gaming Partners, sits in front of a microphone.
Investing
‘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
By Joshua HongSeptember 12, 2026
Technology can help people sound fluent in a language, but proficiency still requires human interaction, expert says
AI
Technology can help people sound fluent in a language, but proficiency still requires human interaction, expert says
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
Arts & Entertainment
Binge watching and binge shopping come together: Amazon lets Prime viewers buy what characters wear and use, or the next closest thing
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
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 chokepoint
By Jason MaSeptember 11, 2026
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
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
By Catherina GioinoSeptember 11, 2026
A person working on a panel with a question mark.
Personal Finance
What accounting software is easiest for a small business to use?
By Joseph HostetlerSeptember 11, 2026
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
Big Tech
Microsoft head of communications Frank Shaw leaving after nearly 30 years of shaping the software giant’s public messaging
By Sebastian HerreraSeptember 11, 2026
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Gen Z is ‘Chinamaxxing’—and it’s less a love letter to Beijing than an indictment of America
Economy
Gen Z is ‘Chinamaxxing’—and it’s less a love letter to Beijing than an indictment of America
By Nick LichtenbergApril 19, 2026
trump
Commentary
The U.S. has a $282 billion trade surplus you’ve never heard of — and it’s at risk
By Josh KallmerApril 19, 2026
The most politically charged World Cup ever puts the U.S. and Iran on a collision course while America co-hosts with neighbors it has tariffed
Politics
The most politically charged World Cup ever puts the U.S. and Iran on a collision course while America co-hosts with neighbors it has tariffed
By Marco Quiroz-GutierrezApril 19, 2026
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
Politics
Trump speeds review of psychedelics after Joe Rogan texted him about ibogaine. ‘Sounds great. Do you want FDA approval? Let’s do it’
By Matthew Perrone, Seung Min Kim and The Associated PressApril 18, 2026
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Economy
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
By Jason MaApril 18, 2026
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
Law
A bizarre insurance scam was exposed as ‘clearly a human in a bear suit’ damaging luxury cars
By The Associated PressApril 18, 2026
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
Energy
U.S. extends waiver on Russian oil sanctions to ease Iran war shortages, just days after Treasury Secretary Scott Bessent ruled it out
By The Associated PressApril 18, 2026
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
Politics
The U.S. is ready to seize Iran-linked ships with boarding parties, report says, while Marines practice maritime raids
By Jason MaApril 18, 2026
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
Politics
Iran’s Hormuz whiplash highlights divide within regime as U.S. blockade tightens. ‘The fight between different factions has started’
By Jason MaApril 18, 2026
trump
Law
Trump lawyers confirm talks with Scott Bessent’s IRS to resolve $10 billion lawsuit over leaked tax returns
By Fatima Hussein and The Associated PressApril 18, 2026
luther
Law
Former Alabama football player wore wigs and makeup to impersonate NFL players in $20 million fraud, prosecutors say
By Sudhin Thanawala and The Associated PressApril 18, 2026
mississippi
Retail
Mississippi alcohol community roiled by liquor, wine delay from state warehouse failure
By Sophie Bates, Adrian Sainz and The Associated PressApril 18, 2026
Trump
Politics
Trump backs down after New York sues him over Second Avenue Subway funding freeze
By Philip Marcelo and The Associated PressApril 18, 2026
ohare
Law
America’s busiest airport told to cut 300 flights per day from summer schedule
By Jessica Hill and The Associated PressApril 18, 2026
iran
Politics
Trump on idea of Iran tolling the Strait of Hormuz: ‘Nope. No way. No. Nope.’
By The Associated PressApril 18, 2026
strait
Energy
Iran closes Strait again, says it will be shut until Trump lifts blockade
By Samy Magdy, Sam Metz and The Associated PressApril 18, 2026
trump
Commentary
Trump has already endorsed the Monroe Doctrine. Now he needs to endorse the Truman Doctrine
By Robert HormatsApril 18, 2026
texas
Real Estate
Trump’s big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago
By Nick LichtenbergApril 18, 2026
Photo of Donald Trump (left) and Pete Hegseth (right)
Economy
Something is different about Trump’s $1 trillion war on Iran and its stress on the national debt, Harvard Kennedy scholar says
By Sasha RogelbergApril 17, 2026
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
Economy
Half of Iran’s workforce faces unemployment risk as the U.S.-Israel war’s ‘hidden target’ was the labor market, economist says
By Jason MaApril 17, 2026
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
Economy
The $39 trillion national debt could break the all-important U.S. bond market, sparking a ‘vicious’ emergency, former Treasury secretary warns 
By Tristan BoveApril 17, 2026
Tether CEO Paolo Ardoino
Crypto
Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
By Jack KubinecApril 17, 2026
trump
Energy
Iran and White House say the Strait of Hormuz is ‘completely open.’ But it definitely isn’t—at least for now
By Jordan BlumApril 17, 2026
chris lehane
AI
OpenAI policy chief says AI companies ‘need to do a much better job’ talking about AI as industry leaders face personal attacks
By Jake AngeloApril 17, 2026
trump
Energy
Trump says Iran to suspend nuclear program, won’t get funds
By Kate Sullivan and BloombergApril 17, 2026
A woman taking a picture of the Statue of Liberty.
Economy
Tourism had a record-breaking 2025 everywhere but the U.S., report finds, as international visitor numbers plummet by the millions
By Tristan BoveApril 17, 2026
A person points at a page on the Marinetraffic website that shows commercial boats traffic on the edge of the Strait of Hormuz near the Iranian coast, in Paris on March 4, 2026. (Photo by JULIEN DE ROSA / AFP via Getty Images)
Energy
Iran has reopened the Strait of Hormuz—but experts say it now holds a card that works ‘almost like a nuclear deterrent’
By Eva RoytburgApril 17, 2026
aetna
Law
Man carrying AR-style gun arrested near Aetna headquarters, police say
By The Associated PressApril 17, 2026
mandani
Politics
Zohran Mamdani’s wife apologizes for ‘harmful’ social media posts surfacing from her past
By Anthony Izaguirre and The Associated PressApril 17, 2026
trump
Europe
Trump still furious about NATO: ‘useless when needed, a Paper Tiger!’
By Sylvie Corbet, Jill Lawless and The Associated PressApril 17, 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
Personal Finance
Current price of oil as of September 11, 2026placeholder alt text
By Joseph HostetlerSeptember 11, 2026
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