The Global Economic News

Iranian President Masoud Pezeshkian said his country will not surrender, adding that it has resisted aggression from the U.S. and Israel. "Iran has successfully stood against Israel and the U.S .," Pezeshkian said late Friday as he addressed a gathering of Indian religious leaders in New Delhi. "Since we are seeking truth and justice, we will not yield in front of bullying arrogance." Pezeshkian's comments ahead of the BRICS Summit in India over the weekend came on the heels of U.S. President Donald Trump's assertion that Iran would have wiped out Israel and the Middle East, and started hitting U.S. cities, if Washington had not taken military action against Iran. "If I had it to do again, I would do exactly what I did," Trump said on Thursday. Pezeshkian, who is on his first visit to India, also met with Indian Prime Minister Narendra Modi on Friday. During the bilateral meeting, Modi raised concerns about the safety of seafarers and underscored ...

The rapid buildout of hyperscale data centers is creating tens of billions of dollars of concentrated physical assets and an insurance challenge that traditional markets may struggle to handle on their own. The soaring value of data center assets, which are increasingly concentrated in regions exposed to hurricanes, floods and other natural disasters, has underscored the need for insurance coverage . CAT bonds , or catastrophe bonds, could provide insurers and reinsurers with a way to offload some of that risk to capital market investors over the coming months, industry experts told CNBC, although the market is only just starting to take shape. "The honest answer is that not a single dollar of data center risk has come to the cat bond market yet," said Ethan Powell, principal and chief investment officer of Brookmont Capital Management, a Texas-based firm with more than $1 billion in assets under management. "What's happening right now is one layer upstream, through...

When Chinese President Xi Jinping, Russian President Vladimir Putin and Indian Prime Minister Narendra Modi were together in China last year , images of the three leaders smiling, holding hands and chatting animatedly went viral. This weekend, they meet again in New Delhi against an increasingly complicated geopolitical backdrop. India is hosting leaders of BRICS, a grouping of major emerging economies seeking greater influence in a global system long dominated by the U.S. and other Western powers. Xi, Putin and Iranian President Masoud Pezeshkian are among those expected to attend alongside Modi. The U.S. and Israel are at war with Iran, Washington continues to push Moscow toward a deal to end the war in Ukraine, and U.S. President Donald Trump's trade policies have disrupted relationships with allies and rivals alike. Against that backdrop, the summit will put the spotlight on whether those pressures are giving some BRICS members more reason to cooperate on trade, energy and pay...

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . When will mortgage rates go down? The bond market isn't helping. E. Napoletano Contributor Hal Bundrick, CFP Senior Writer Thu, September 10, 2026 at 2:14 PM PDT 8 min read Mortgage rates are the highest they've been in well over a year, and the Federal Reserve is considering a rate hike, while the bond market is reaching multi-year yields. What will it take for mortgage rates to finally move down? See today's best rates. Are mortgage rates dropping? No. As of Sept. 10, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.76%. This is five basis points higher than last week. At this time in September 2025, mortgage rates averaged 6.35%, 41 basis points lower. The average 15-year fixed mortgage rate this week was 6.09%, up five basis points from last week, and 59 basis points higher tha...

Stubborn inflation, corporate demand for capital and big public debts are squeezing holders of government bonds 🔥 EXCLUSIVE PARTNER OFFER GameSir Nova Lite Switch Controller Gaming Gamepad with Hall Effect for Nintendo Switch iPhone Android Cellphone PC Special Price 🎯 Best price guarantee! Order now and enjoy fast shipping with global tracking. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.economist.com/finance-and-economics/2026/09/11/surging-bond-yields-presage-pain-and-not-just-for-bond-investors © EcoNews DZ — Global Economic & Financial News

Stocks making the biggest moves midday: DELL, SWKS, GME Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves midday: Dell Technologies Shares rallied more than 10% as part of a broader upswing in tech. The gain would be the stock's sixth in seven sessions. Dell also got a boost after RBC initiated coverage with an outperform rating. "We believe DELL is well positioned as a primary beneficiary of the global IT spending environment, as enterprise, sovereigns and cloud providers aggressively direct capital towards AI infrastructure," RBC said. Vicor The power components maker's stock rose about 11%, on pace for its best day since July 30, after the company said it was acquiring two sites in New Hampshire for additional ChiP fab manufacturing. Shopify Shares popped nearly 4% for the Canada-based commerce company after Bernstein initiated coverage for the s...

A quarter of a century later, the consequences of 9/11 have reshaped the global order 🔥 EXCLUSIVE PARTNER OFFER LinYuvo KS42 Meteor Light Wireless Joy-pad with 8 Color RGB Lights for Switch/Lite/OLED, with Programmable,,Turbo & Vibration Special Price 🎯 Best price guarantee! Order now and enjoy fast shipping with global tracking. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/b9a48a1b-5896-46fb-91a1-d7beb18a64b7?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Nvidia CEO Jensen Huang Just Called CrowdStrike Its Top Security Partner. How to Play CRWD Stock Here. Patrick Sanders Thu, September 10, 2026 at 4:30 AM PDT 4 min read CRWD NVDA NBIS TSM META The CrowdStrike logo on an office building by bluestork via Shutterstock Here's an indisputable fact about semiconductor sector leader Nvidia (NVDA). It has massive coattails. One comment from CEO Jensen Huang and his leadership team can push a lot of momentum and investor interest. We've seen it with his remarks about Taiwan Semiconductor Manufacturing (TSM) (calling it one of the "greatest companies in the history of humanity"), Meta Platforms (META) ("Nobody uses AI better than Meta"), and Nebius Group (NBIS) ("Nebius will take care of you"). Now the shine is on CrowdStrike Holdings (CRWD), the cybersecurity company known for its cloud-native platform for endpoint security. At CrowdStrike's recent Fal.Con 2026 conference in Las Vegas, Huang said that ...

Iranian President Masoud Pezeshkian and Russian President Vladimir Putin on Friday criticized Western sanctions on their economies and urged countries of the Global South to deepen trade relations as they addressed the BRICS Business Forum. "BRICS must create an environment in which no country can disrupt the legitimate trade of another country through monopolizing a financial instrument or technology," Pezeshkian said in New Delhi. He urged the bloc, which has sought to amplify the influence of the Global South, to expand the use of national currencies to trade among member countries. Pressure on Iran has entered a "dangerous phase," shifting from sanctions to military aggression by the U.S. and Israel, Pezeshkian said, adding that the impact of the war against Tehran was being felt beyond its borders, affecting regional and global stability. The conflicts have also disrupted global energy markets and pushed fuel prices sharply higher. U.S. diesel prices hit $6 pe...

Treasury secretary’s intervention in the yen has made an impact but US bond yields are climbing higher and higher 🔥 EXCLUSIVE PARTNER OFFER 8BitDo Ultimate C Wired Gaming Controller for Xbox, RGB Lighting Fire Ring and Hall Effect Joysticks, Windows 10/11 Special Price 🔥 Limited time offer! Grab your favorite item at an incredible price. Quality guaranteed! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/c3740cd0-3c4c-44d0-b3e8-4ccb1bac65b0?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Oil prices retreated on Friday, but remained on track for a weekly gain of about 9% after soaring above $100 a barrel for the first time in months. Brent crude oil futures , the global benchmark, were down by 2.3% to trade at $105.15 a barrel. U.S. West Texas Intermediate was down 2.73% to $99.68 per barrel. On Thursday, Brent crude peaked at around $108 a barrel, while WTI hit more than $104. The price decline came after Iranian state media said Tehran will meet with Gulf states in Oman to discuss the Strait of Hormuz, indicating some diplomacy is taking place despite a week of sharp escalation. Crude oil futures Brent futures were on course for a weekly gain of 9%, and set to end the week above the critical $100 mark. WTI's week-to-date gain stood at 8.9%. Friday's decline snaps five consecutive days of gains for Brent crude and an eight-day winning streak for WTI. Markets are bracing for a protracted Iran war, reacting to the escalating conflict in the Middle East and a Wa...

The Fed chair has more political leverage — and skill — than many feared 🔥 EXCLUSIVE PARTNER OFFER Travel Portable 360° Trifold Vanity Makeup Mirror with Height Adjustable Telescoping Hook for Hair Self Cutting, Shaving, Gifts Special Price ⚡ Flash sale! Get the best deals on AliExpress today. Hurry, stocks are limited! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/98bfd632-8778-4c48-97a0-ef78b11299cc?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Image source, Getty Images By Katy Austin , Transport correspondent and Mitchell Labiak , Business reporter Published 26 minutes ago Ryanair chief executive Michael O'Leary has refused to apologise to a rape crisis centre which criticised him for describing rival airlines as "high-fare rapists". Speaking to journalists, O'Leary said some people were "desperate to get to Ryanair's low fares because they can't afford to fly with the high-fare rapists around Europe". O'Leary doubled-down on his choice of words when asked about them at the time, and later refused to apologise when the Dublin Rape Crisis Centre (DRCC) wrote to him asking for apology, in a letter seen by the BBC. Ireland's deputy premier Simon Harris said it was "clearly an inappropriate use of language" and that O'Leary "should have moved to rectify it". Transport Secretary Heidi Alexander told UK radio outlet LBC that victims of rape are "not going t...

Kalshi has won approval to list perpetual futures tied to precious metals gold and silver in the U.S., in the latest development as the company seeks to grow its trading offerings beyond prediction markets . Originally filed in July, the Commodity Futures Trading Commission which regulates derivatives contracts approved the listing of the perpetuals this week. The new markets for the contracts launched on Thursday on the site. Kalshi first received approval to list perpetual futures tied to cryptocurrencies in late May, bringing the novel asset class with $90 trillion in annual volume in 2025 onshore to the U.S. for the first time. Since then, the contracts have done $44 billion in notional volume, according to the platform's website. Udesh Jha, chief risk officer at Kalshi Klear, the exchange's clearing house, said the company moved to have this be their next asset to offer perpetual futures for due to high interest in the commodities. "Metals, especially gold and silver...

Stocks making the biggest moves premarket: GME, ORCL, ADBE, RH Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: GameStop The video game retailer and meme stock climbed more than 3% after CEO Ryan Cohen disclosed he purchased 1 million shares at an average price of $20.375. Cohen now owns 39.347 million shares. As of Thursday's close, that stake was valued at around $802.28 million. National Beverage The parent company of La Croix sparkling water fell more than 5% after reporting fiscal first-quarter results. National Beverage earned 50 cents per share on revenue of $331 million. The company said it felt pressure from tariffs, weakening consumer sentiment and elevated packaging and ingredient costs. Kroger The grocery store chain lost 3% after reporting mixed second-quarter results. Adjusted earnings per share of $1.09 beat a FactSet estimate of $1.06 ...

Data is the one area where it can still be sovereign and it has the greatest potential to generate growth 🔥 EXCLUSIVE PARTNER OFFER CARSUN Rechargeable Air Pump Tire Inflator Portable Compressor Digital Cordless Car Tyre Inflator For Motocycle Bicycle Balls Special Price 🎯 Best price guarantee! Order now and enjoy fast shipping with global tracking. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/f054f927-b512-452a-b494-ea53f5ac1079 © EcoNews DZ — Global Economic & Financial News

The shock that briefly brought a shared sense of purpose has left a complicated legacy 🔥 EXCLUSIVE PARTNER OFFER 21/18PCS Car Door Tool Kit Inflatable Air Pump Auto Window Door Open Fixing Gripper Tools Long Reach Kits with Carrying Bag Special Price 🔥 Limited time offer! Grab your favorite item at an incredible price. Quality guaranteed! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/bbdad57e-bd57-4c75-98b8-12fca7cbd268?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

From Farmland to Fast Trading, ETFs Are Doing It All ETF Zoo Podcast Wed, September 9, 2026 at 3:55 PM PDT 2 min read SMH SOXX VFFSX IBIT Farm This week's ETF Zoo crew takes a lay of the land as summer comes to a close and some new and interesting developments crop up. ETF.com hosts Dave Nadig, President & Director of Research, and Sumit Roy, Senior ETF Analyst, are joined in this episode by Cinthia Murphy, Director of Research at TMX VettaFi, and James Seyffart, CFA, CAIA, Senior Research Analyst at Bloomberg Intelligence. Together the group talks about some of the big M&A announcements lately, dig into the AI chokepoint perspective, and more. You can view this episode here or on our YouTube channel or listen on Spotify or Apple Podcasts. M&A land grab in full swing. Billions in ETF acquisitions, including Victory Capital/First Eagle, Vanguard/Altruist, and more, signal that scale instead of organic growth now drives the industry. The Zoo crew debated whether firms ar...