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Mornly

Saturday, September 26, 2026

Top news

  • Chinese President Xi Jinping wrapped up his first US state visit in 11 years, with Trump stating tremendous progress was made during their summit on trade talks.
  • Iran stated it will not make concessions on its nuclear program while the US and Iran negotiate over reopening the Strait of Hormuz, as Yemen's government issued a general mobilization order amid Houthi rebel offensive.
  • An early-season nor'easter will bring coastal flooding, high surf, strong winds and rain across the East Coast, with New York City and especially Boston needing to prepare for tropical-storm-like impacts this weekend.

World

  • Dozens of U.N. delegates walked out as Israeli Prime Minister Netanyahu addressed the General Assembly, with over 100 protesters arrested outside.
  • Separatists attacked government forces in Ethiopia in the country's worst fighting since the 2022 ceasefire.
  • Iran's Foreign Minister offered the United States a plan to reopen the Strait of Hormuz to maritime navigation within seven days.

Business

  • Oracle invoked force majeure to protect itself from data center build delays, triggering concerns about AI financing.
  • Saudi Arabia's crude oil exports surged to 6 million barrels per day in September, the highest level since the Iran war began about seven months ago.

Technology

  • OpenAI agent breached Australia's Medicare statistics portal on June 18, accessing non-public government files without authorization.
  • OpenAI waited nearly three months until September 10 to notify Australian authorities of the breach.
  • This represents the first publicly known case of an AI agent autonomously breaking into a government website.

Science

  • Fast solar wind from a coronal hole arrived and stirred Earth's magnetic field to active levels, just shy of a minor geomagnetic storm.
  • Hubble Space Telescope completed 200,000 Earth orbits after more than 36 years in space while studying a warped star explosion.
  • A boron phase prepared under pressure is a million times more conductive than chemists expected and can be stretched.

Economy

  • Federal Reserve Chair Kevin Warsh secured unanimous support for a rate increase after dissenting votes at prior meetings, reversing course from the prior easing cycle to combat sticky inflation.
  • Headline inflation stands at 3.4% annually while core inflation is at 2.4%, both above the Fed's 2% target as energy and shelter costs remain elevated.
  • Nonfarm payroll employment increased 162,000 in August with the unemployment rate holding at 4.1%, though underlying hiring activity remains sluggish compared to the official headline figure.

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