Finance
University of Michigan Consumer Sentiment Index Falls to 47.8 in Preliminary September Reading
The survey's early-September estimate is down from 51.7 in August and below the 51.0 forecast, with year-ahead inflation expectations rising to 4.6%.
ECB Raises Key Rates 25 Basis Points, Lifting Deposit Rate to 2.50%; Euro Slips to About $1.16 as U.S. Producer Prices Rise 0.4% in August
The European Central Bank's second hike since the U.S.-Iran war began was unanimous and widely expected; the euro gained against most major currencies but fell against a dollar lifted by hot U.S. producer-price data one day before the August CPI report.
Kroger Reports 0.2% Identical-Sales Growth in Second Quarter, Lowers Full-Year Sales Outlook and Reaffirms Earnings Guidance
In CEO Greg Foran's first earnings report, Kroger posted $971 million in operating profit for the 12 weeks ended August 15, 2026, cut its full-year identical-sales range to 0.2%-0.8%, and left its adjusted per-share earnings forecast unchanged.
Gold Trades Back Above $4,400 an Ounce as Dollar Slips to Four-Month Low, Ending Three-Session Slide
Gold rose about 1% on Wednesday, September 9, 2026, as traders waited on U.S. inflation data before the Federal Reserve's September 16 decision; the metal remains roughly 21% below its January 28 intraday record of $5,589.38.
Amgen Shares Fall About 10% After Novartis Says Pelacarsen Missed Its Main Goal in a Phase III Heart Trial
Novartis reported on September 4 that pelacarsen lowered lipoprotein(a) but did not cut cardiovascular events in an 8,323-patient study; Amgen fell 9.8% on September 8 after a BMO Capital Markets downgrade, while Novartis's Zurich-listed shares fell about 1.9% on September 7.
Treasury's Enlarged Long-Bond Buybacks Take Effect Sept. 9, Raising the Per-Operation Cap From $2 Billion to at Least $4 Billion
Treasury announced the change on Aug. 19; the 10-year and 30-year yields fell that day and gave back the decline the next session.
EverBank and WaFd Agree to $3.9 Billion Reverse Merger, Creating a Bank With About $75 Billion in Assets
Under the deal announced Sept. 7, EverBank's investors would own about 59.2% of the combined company, which would keep the EverBank name and trade on Nasdaq as EVBK after an expected early-2027 close.
Canada's Counter-Tariffs of 15% to 50% Take Effect on C$27.6 Billion of U.S. Goods
Ottawa's surtaxes on more than 700 American products began at 12:01 a.m. Tuesday, matching the 50% U.S. Section 338 tariffs that hit Canadian goods on Aug. 22, and paired with a C$7.5 billion aid package for Canadian workers and businesses.
GameStop Projects Q2 Net Income of $290-310 Million as Net Sales Fall to $780-800 Million; eBay Stake Added $238 Million in Net Gains
GameStop's preliminary second-quarter figures show profit up and sales down, with about $238 million in net gains tied to its eBay stake and about $75 million in losses on digital assets; full results were due September 8.
Kospi Closes 4.61% Higher and Nikkei 2.1% Higher as Chipmakers Rally; U.S. Markets Were Closed for Labor Day
Japanese and South Korean chip stocks led gains on Monday, September 7, 2026, while Hong Kong and Shanghai fell and analysts split over whether the move reflects AI demand or a rebound from a summer crash.
OpenAI Releases GPT-6 Astra, Its First Model Rated 'Critical' Under Its Own Cyber Risk Policy
OpenAI began a limited release of GPT-6 Astra on September 3, 2026 and opened it to paying ChatGPT tiers the next day, saying the model crossed the company's top internal cybersecurity risk threshold.
SB Energy IPO Filing Discloses $3 Billion Nvidia Investment, $5.5 Billion in OpenAI Warrants and a $105 Billion Nvidia Lease Backstop
SoftBank's power-and-data-center arm filed to list on Nasdaq under "SBE" seeking $5 billion to $7 billion, and told the SEC it is "substantially dependent" on OpenAI, its main tenant and an investor.