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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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Law
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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
By Jane SadowskySeptember 12, 2026
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
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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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
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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

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
Trump’s first term had real stimulus checks. His second has promised ones tied to problems he started

The $5,000 pledge follows a DOGE dividend that failed and a tariff rebate that never arrived, both stemming from policies Trump created himself.

By Catherina GioinoSeptember 10, 2026
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
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Commentary
A flawed system and one man’s hubris cost Meta shareholders $17 billion
By Andrew BeharSeptember 12, 2026
ai
Commentary
From AI FOMO to AI hangover: corporate America is taking a long, hard look in the mirror right now
By David RockSeptember 12, 2026
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
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New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict
Law
New York Times correction over a college basketball player wrongly named at the scene of a shooting leads to $9.25 million jury verdict
By The Associated PressAugust 21, 2026
The changing college sports landscape has women’s programs turning to philanthropy as funding dries up
North America
The changing college sports landscape has women’s programs turning to philanthropy as funding dries up
By The Associated Press and James PollardAugust 21, 2026
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Commentary
America faces an affordability crisis like the one from 25 years ago, but needs a fresh solution
By Amos Winter and Vijay GovindarajanAugust 21, 2026
Steps to the United States Supreme Court.
Crypto
Prediction market exec says gambling fight could reach Supreme Court by June
By Camila Grigera NaónAugust 21, 2026
Scott Kupor, wearing a suit, looks forward and frowns.
Politics
Exclusive: The man leading Trump’s RTO charge for government workers says he filmed a video in front of a blank wall to avoid work-from-home suspicion
By Sasha RogelbergAugust 20, 2026
President Donald Trump speaks during a meeting with technology leaders in the Roosevelt Room of the White House.
Big Tech
Trump oblivious to voter fury about data centers, saying ‘the jobs are enormous and the money paid, the taxes paid, are just enormous’
By Jesse Bedayn, Marc Levy, Scott Bauer and The Associated PressAugust 20, 2026
sb
Economy
Scott Bessent on the national debt: ‘There’s nothing magic about the $40 trillion number’
By Nick LichtenbergAugust 20, 2026
Democratic U.S. Senate candidate, Florida state Rep. Angie Nixon participates in a worship service during a visit to the Ebenezer Missionary Baptist Church.
Politics
Another Democratic primary, another shocking DSA upset as Angie Nixon adds to moderates’ heartburn over seemingly unstoppable wave
By The Associated Press and Matt BrownAugust 20, 2026
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Economy
Exclusive: A leader in Venezuela’s National Assembly engages ‘money doctor’ Steve Hanke for a dose of dollarization medicine in a nation sick from hyperinflation
By Shawn TullyAugust 20, 2026
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Health
‘Game-changer’ GLP-1s could fix America’s obesity crisis—but 2 inequalities stand in the way
By Nick LichtenbergAugust 20, 2026
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
Politics
Governor races present ‘unique moment’ as historic number of Black candidates climbs to 8
By Bill Barrow, Steven Sloan and The Associated PressAugust 20, 2026
Photo of Stars and Stripes newspaper
Politics
The military’s own newspaper is too ‘woke’ for Pete Hegseth as longtime Stars and Stripes publisher retires after decades of service
By Jocelyn Noveck and The Associated PressAugust 20, 2026
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
North America
You are paying for your favorite college athlete now: ‘the next stage of the arms race’
By David A. Lieb and The Associated PressAugust 20, 2026
Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’
Politics
Trump calls his new FDA pick ‘Dr. Heidi.’ Patty Murray calls her a ‘far-right, anti-abortion extremist’
By Ali Swenson and The Associated PressAugust 20, 2026
canada
North America
Trump’s Canada tariff threat produces a deal with no public terms
By Rob Gillies, Paul Wiseman, Seung Min Kim and The Associated PressAugust 20, 2026
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
Big Tech
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
By Tatiana SatauaAugust 20, 2026
Emil Michael, under secretary of defense for research and engineering nominee for US President Donald Trump.
North America
Pentagon pushes ‘zero tolerance’ audit on foreign university partnerships that ‘compromise our national security’
By The Associated Press and Heather HollingsworthAugust 19, 2026
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
Asia
Geopolitical risk needs to move away from the ‘after-dinner speaker’: Eurasia Group and Rio Tinto’s Dominic Barton
By Nicholas GordonAugust 19, 2026
t
Economy
National debt crosses $40 trillion and think tank warns: ‘The level of fiscal mismanagement is tragic
By Eleanor PringleAugust 19, 2026
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
Law
Lindsay Clancy was ‘begging for help’ and feared drug dependence in weeks before her children died, ex-mother-in-law testifies
By The Associated Press and Leah WillinghamAugust 19, 2026
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
Politics
A woman inspired by Luigi Mangione to try bombing Scott Bessent gets hit with 6 years in prison
By Michael Kunzelman and The Associated PressAugust 19, 2026
78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email
Law
78-year-old ex-Fauci adviser pleads guilty to concealing COVID-19 origin research records using private email
By The Associated PressAugust 19, 2026
Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses
Law
Jimmy Kimmel feud with Trump escalates to ABC suing the FCC over threats to its broadcast licenses
By Jocelyn Noveck and The Associated PressAugust 19, 2026
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Politics
A Democratic Socialist just defeated a central figure in Trump’s first impeachment trial in a Florida primary
By Matt Brown and The Associated PressAugust 19, 2026
Dr. Erica Schwartz testifies during a Senate Health Education Labor and Pensions committee confirmation hearing to be the director of the Centers for Disease Control and Prevention on Capitol Hill.
Health
‘Often flying blind’: Up to $246 million of taxpayer-funded CDC programs are largely unstaffed
By The Associated Press and Mike StobbeAugust 19, 2026
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
Retail
How a DIY Adobe Illustrator design landed Rebel Creamery in a $23.8 million fight with Van Leeuwen
By Sarah GlodekAugust 19, 2026
s
Politics
From Pennsylvania to Ohio to Texas, the governors’ races are all coming down to data centers
By Marc Levy and The Associated PressAugust 19, 2026
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
Politics
Afghanistan’s grape harvest is turning into raisins — literally — as exports collapse
By ABDUL QAHAR AFGHAN and The Associated PressAugust 19, 2026
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
Law
The IRS is scrutinizing how UnitedHealth moved money through foreign subsidiaries—and whether it underpaid taxes
By Tatiana SatauaAugust 19, 2026
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
Commentary
The U.S. built its brand by attracting the world’s best and brightest. It must not lose that advantage
By John A. QuelchAugust 18, 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
By Joseph HostetlerSeptember 11, 2026
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