Wednesday, 16 September 2026
Independent coverage of global markets, trade and finance
Iran and Oman are in the final stages of drafting an agreement on how to handle commercial shipping in the Strait of Hormuz, Tehran's Foreign Ministry spokesman, Esmail Baghaei, said Wednesday.
OpenAI ChatGPT Plus vs Anthropic Claude Pro vs Google Gemini AI Pro vs xAI SuperGrok vs Moonshot Kimi K2.6 vs Meta Muse Spark vs MiniMax M2.7 vs Microsoft Copilot Pro vs Perplexity Pro — Evaluated Across 10 Categories –…
Luxury fashion retailers are accelerating store closures as slowing demand, economic uncertainty, and shifting consumer spending force even the industry's biggest names to rethink their global footprints.
Soybeans are trading with contracts down 3 to 5 ¼ cents at midday. The cmdtyView national average Cash Bean price is down 5 3/4 cents at $11.28 3/4. Soymeal futures are down $2.20 to $3.00, with Soy Oil 30 to 40 points …
The wheat complex is trading with gains across most contracts on Wednesday. Chicago SRW contracts are 8 cents higher so far on the midweek session. KC HRW futures are 12 cents higher in the front months so far on the da…
Corn futures are continuing to slide, with contracts down 5 to 6 cents so far on Wednesday’s midday. The CmdtyView national average Cash Corn price is down 5 cents at $4.07 1/2.
The Trump administration said it has refunded about $100 billion of the tariff revenue that was collected before President Donald Trump's "liberation day" duties were struck down by the Supreme Court.
Williams-Sonoma (WSM) hit a new 52-week high of $250.83 on Tuesday, its 18th new 52-week high of the past 12 months. WSM was one of 135 NYSE and 341 Nasdaq Composite stocks hitting new 52-week highs yesterday.
Figma just reported one of the cleanest cash flow quarters in SaaS — and its stock still fell nearly 50% this year. The design platform pulled in $333 million in Q1 2026 revenue (up 46%), generated $89 million in free c…
October NY world sugar #11 (SBV26 ) is up +0.20 (+1.33%) today, and October London ICE white sugar #5 (SWV26 ) is up +6.30 (+1.33%). Sugar prices are moving higher today, with London sugar posting a 4-week high. Since p…
The S&P 500 Index ($SPX ) (SPY ) today is up +0.31%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.03%. September E-mini S&P futures (ESU26 ) are up +…
Michael Burry, the investor best known for The Big Short, said he continues to believe the market could be nearing a major top and potentially face a 1987-style crash despite the S&P 500 climbing to fresh record highs.
Abdul El-Sayed, the progressive, anti-establishment Democrat running for Senate in Michigan, defeated Rep. Haley Stevens in one of the most closely watched and impactful primary elections of the 2026 midterm election.
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that he thinks higher interest rates are needed now to bring down inflation and avoid more drastic increases later.
July 25, 2026, 3:45 AM EDT. Shares of Hardide (LSE:HDD) have climbed 1,150% over the past year and 455% in 2026, significantly outpacing both the FTSE 100 and FTSE 250. However, at a £80m market-cap and a share price of…
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
In other (bad) news for SpaceX , a four-tonne piece of a discarded SpaceX rocket that has been floating in space since last year is believed to have unintentionally crashed into the moon at high speed, in a collision th…
SpaceX (SPCX) stock continues to lose altitude. But for this brief moment in time, the decline has nothing to do with a post IPO hangover.
During an earnings call with investors on Wednesday, CEO Josh D'Amaro said the company is exploring a free, ad-supported streaming product for consumers.
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The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +1.79%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +1.71%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +3.32%. September E-mini S&P futures (ESU26) …
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.
August 5, 2026, 3:53 AM EDT.IPOs such as SpaceX and ChangXin Memory Technologies have generated worldwide interest, particularly across the tech and AI sectors. Still, with founders trying to maximize returns and invest…
It's the latest cybersecurity incident involving frontier models developed by Anthropic and OpenAI.