Recession signal flashes on Oxford Economics' US indicator, but spending shows no sign of cracking
- Oxford Economics says its US business-cycle indicator has fallen into the recession zone on high energy prices and slower immigration, but warns it may not be definitive, with productivity, wealth effects and AI investment still supporting growth.
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RED ALERT: The Strait of Hormuz and the "All Hell Breaks Loose" Scenario
- What a deepening fuel and energy shock could mean for the economy, markets and high-net-worth families
Morgan Stanley says it's time to look beyond chips as AI benefits spread to Airbnb, Home Depot and more
- Morgan Stanley recommends a barbell approach to AI, holding selective chip and infrastructure names such as Nvidia and Broadcom while adding software enablers and AI adopters in healthcare, real estate, transport and consumer services sectors.
Trump, Johnson to meet tech CEOs on AI September 29 as pressure to regulate builds
- Axios reports that Trump, House Speaker Johnson and tech CEOs will meet on AI on September 29 as pressure mounts to regulate frontier AI firms. Attendees and agenda are unclear, but several industry leaders have urged the kind of oversight that Trump has resisted.
Hackers drain $351.6 million from Bitget in possibly 2026's biggest crypto heist
- Crypto exchange Bitget confirmed about $351.6 million was taken from its hot and warm wallets on 24 September, possibly 2026's largest hack. Withdrawals are paused, cold wallets are secure and a $464 million user fund covers the loss, its CEO said.
What day traders must know: Elev8 explains the basics
- Elev8's guide to day trading basics, strategies, and retail tips.
Beginners Guide To Forex Trading In 2026 (+3 hours)
China shuts for Mid-Autumn Festival holiday today, a preview of the week-long National Day gap to come
- Mainland China markets are closed Friday for the Mid-Autumn Festival and shut again October 1 to 7 for National Day, leaving thinner Asian liquidity as oil, Treasury yields and the RBA keep headline risk high. Japan stays open for cash Treasuries.
UBS says Fed hike fears overdone as 10-year Treasury yield breaks above 5.1%
- UBS says markets are overpricing Fed tightening after the 10-year Treasury yield topped 5.1% for the first time since 2007 on hot PMI data, oil and a weak auction, and sees one hike in December while staying constructive on stocks and bonds.
