2026
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went “fine.”
Trump reportedly plans to announce new drug pricing deals with nearly a dozen drugmakers
The string of deals builds on the Trump administration’s push to link the nation’s drug prices to cheaper ones abroad.
Trump says U.S. communities opposing AI data centers could end up ‘backwards and poor’
“China could not be happier with this anti Data Center movement,” Trump said as Republicans express concerns about the backlash to data centers.
Manhattan’s luxury rental market is booming, with units reaching $100,000 a month
New York City brokers said they’ve seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records.
Kalshi permanently bans former GOP Rep. George Santos over illegal trading
Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year’s State of the Union address.
Coupang dispute fuels new U.S. tariff pressure on South Korea
South Korea’s dismissal of Congress’ allegations that it discriminated against U.S.-based Coupang is straining the country’s ties with the U.S., sources said.
Russia preparing ‘massive strikes’ on Ukraine’s energy sites after deadliest attack of the year
Russia’s Defense Ministry has announced preparations for “massive strikes” on Ukraine’s energy infrastructure.
China’s Xi builds diplomatic clout with multiple state visits ahead of Trump summit
Chinese President Xi Jinping is expected to make his first visit to India before traveling to the U.S. for a meeting with U.S. President Donald Trump.
U.S. strikes Iranian rocket launchers near Strait of Hormuz
The last major U.S. strikes on Iran were carried out in late July.