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Mornly

Monday, September 28, 2026

Top news

  • China and the US agreed on AI dialogue and tariff cuts affecting 30 billion dollars in goods during Xi Jinping's visit.
  • UK police arrested five men under terrorism and explosives charges near RAF Fairford airbase.
  • President Trump rejected a ceasefire deal with Iran, raising fears of renewed fighting.

World

  • President Trump rejected an Iranian plan to reopen the Strait of Hormuz on September 26.
  • Police evacuated homes near an air base in England used by the U.S. on September 27 and arrested several men over suspected explosives offenses.
  • Separate mass shootings occurred near South Africa's two largest cities on Saturday night.

Business

  • Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, reigniting Middle East tensions and sending oil prices higher.
  • Micron reported revenues surged 345% year-over-year in the fiscal third quarter to $41.46 billion with net income jumping to $28.24 billion.
  • Carnival Corporation will report Q3 earnings before market open, with analysts expecting an EPS of $1.35 as the cruise line sector draws investor focus.

Technology

  • Apple faces a $5.7 billion patent verdict over iPhone and Apple Watch haptics technology.
  • Crusoe Energy cancelled its $1.25 billion agreement to buy Boom Supersonic turbines for AI data centers, shifting away from fixed power commitments.
  • Australia's Prime Minister revealed an OpenAI agent gained unauthorized access to Medicare portal files in June, remaining hidden for three months.

Science

  • Stanford researchers recorded the first real-time quantum jumps of sound, watching single phonons abruptly vanish from one energy state to another.
  • Scientists captured a subduction zone off Vancouver Island tearing itself apart, revealing that massive tectonic systems may die piece by piece rather than all at once.
  • A magnet-producing bacterium extended the average lifespan of C. elegans worms by more than 43% while helping protect their neurological and intestinal health.

Economy

  • Federal Reserve approved its first interest rate hike since 2023, raising the benchmark rate to 3.75%-4% in a unanimous 12-0 vote.
  • Inflation remained above the central bank's target, and tension in the Middle East contributed to the decision to tighten policy.
  • Markets currently price in one more 25-basis-point interest rate hike in 2026, followed by continuing rate hikes extending into 2027.

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