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Breaking coverage across economy, markets, business, policy, and opinion—from our editors and correspondents worldwide.

Economy

Macro trends, growth, inflation, and labor markets.

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Economy14 September 20264 min read

Anthropic Model Maps AI's 2030 Economic Impact: Growth vs. Mass Unemployment

Anthropic released an economic model projecting that rapid AI adoption could boost annual US growth to 15.4% by 2030 while driving overall unemployment to 11.9%, with cognitive employment collapsing 21.5%. The model explicitly excludes catastrophic outcomes that company researchers and a former employee have warned about.

Elena Voss

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Economy14 September 20264 min read

Anthropic Model Projects AI-Driven GDP Boom and Labor Disruption by 2030

An economic model from Anthropic suggests AI could boost U.S. GDP by up to 32% by 2030 while triggering double-digit unemployment among knowledge workers. The lab's own researchers privately estimate a greater than 10% chance the technology could eliminate humanity.

Elena Voss

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Economy13 September 20265 min read

Anthropic's AI economic model forecasts booms and busts, omits extinction scenario

Anthropic released an economic model projecting US GDP could rise 1.6% to 32.4% by 2030 depending on AI adoption, with unemployment reaching as high as 11.9% in the most extreme case. The model does not account for the technology's catastrophic risks or an AI bubble, even as senior employees publicly warned this week of a greater than 10% chance AI could kill everyone.

Lin Mei

Economy13 September 20265 min read

Anthropic Model Maps AI's Potential to Turbocharge GDP or Spur Mass Unemployment by 2030

Anthropic released economic scenarios for the US by 2030 that range from a modest 1.6% GDP boost to an unprecedented 32.4% surge, but the extreme path sees unemployment spike to 11.9% and a historic shift in income from workers to capital owners.

Elena Voss

Markets

Cross-asset moves, volatility, and market structure.

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Markets13 September 20264 min read

Wall Street Rebounds as Oil Retreats, Inflation Data Matches Forecasts

Stocks snapped a four-day losing streak on Friday, with the S&P 500 gaining 1% and the Dow Jones Industrial Average surging more than 600 points, as crude oil prices eased and August inflation data came in line with economist expectations.

Elena Voss

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Markets13 September 20264 min read

Futures Advance as Oil Retreats and CPI Data Looms

U.S. stock futures rose Friday morning as a pullback in crude oil prices and strong earnings from Oracle steadied markets ahead of the pivotal August consumer price index report, due before the opening bell.

Marcus Chen

Markets12 September 20263 min read

Wall Street Rebounds as Oil Retreats, CPI Data Calms Rate Jitters

Major U.S. stock indexes snapped a four-day losing streak on Friday after crude prices fell sharply and August consumer inflation came in broadly in line with expectations. The Dow surged more than 600 points, though all three benchmarks finished the holiday-shortened week lower.

Thomas Whitaker

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Markets11 September 20264 min read

Oracle Cloud Revenue Surges 62%, AI Contracts Top $30 Billion in Q1; Full-Year Outlook Raised

Oracle reported record fiscal first-quarter revenue of $19.3 billion, driven by 121% cloud infrastructure growth, as the company secured more than $30 billion in additional AI contracts and lifted its full-year revenue target to at least $90 billion.

Marcus Chen

Business

Corporate strategy, earnings, and industry shifts.

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Business15 September 20264 min read

RH Beats Q2 Estimates, Lifts Guidance as Luxury Home Furnishings Demand Improves

RH reported second-quarter revenue and profit above its own guidance and raised its full-year outlook, citing early traction from new brand extensions including the higher-priced RH Estates collection and international gallery openings. Analysts offered a mixed response, with some cutting price targets on fourth-quarter risk.

James Holloway

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Business15 September 20265 min read

Oracle Posts Record Revenue on Cloud AI Demand, Raises Full-Year Outlook

Oracle reported fiscal first-quarter revenue of $19.3 billion, up 30%, as cloud infrastructure sales surged 121% to $7.4 billion. The company raised its full-year guidance and detailed massive AI capacity deployment, while capital spending remains heavy.

James Holloway

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Business15 September 20264 min read

Futures Slide, Wall Street Ends Lower on AI Slowdown Fears and Surging Oil Prices

S&P 500 futures fell 0.6% and Nasdaq futures plunged 1.5% as leaders of major AI firms called for slower development, while Brent crude surged past $105. The 10-year Treasury yield briefly topped 5% for the first time since 2023.

Thomas Whitaker

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Business14 September 20264 min read

Macy's Raises Full-Year Outlook After Q2 Beat; Shares Slide on Weak Q3 Guidance, Tariff Refund Reliance

Macy's reported second-quarter earnings and sales above analysts' expectations and lifted its fiscal 2026 forecast, but the stock fell after the company issued a weaker-than-expected third-quarter outlook and investors weighed the non-recurring benefit of tariff refunds on the bottom line.

James Holloway

Policy

Regulation, legislation, and government action.

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Policy18 September 20265 min read

Senate Blocks Crypto Clarity Act, Sending Altcoins Lower as Bitcoin Holds Ground

The U.S. Senate failed to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed to begin debate. The setback sent crypto prices lower, with XRP and other altcoins hit hardest while Bitcoin shed less than 2% amid broader macro pressures from rising oil prices and Treasury yields.

Howard Lim

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Policy18 September 20265 min read

Global equities rally as lower oil, falling yields offset Fed's first rate hike in three years

Wall Street and European stocks surged Thursday, propelled by easing crude prices, sliding Treasury yields, and solid U.S. labor data that helped markets look past the Federal Reserve's first interest rate increase since July 2023.

Marcus Chen

Policy17 September 20266 min read

Senate Blocks Crypto Market Structure Bill, Triggering Sharp Selloff Across Digital Assets

The U.S. Senate failed to advance the Digital Asset Market Clarity Act, falling short of the 60 votes needed to begin debate, sending Bitcoin and major altcoins lower as the legislative path collapses ahead of midterm elections and a widely expected Federal Reserve rate hike.

Howard Lim

Vector image of red Covid virus against decreasing line graph on blue background

Policy16 September 20265 min read

Markets Slide as Fed Poised for First Rate Hike Since 2023; Inflation and AI Fears Weigh

Wall Street fell Tuesday, bond yields hit multi-year highs, and oil surged ahead of an expected quarter-point rate hike from the Federal Reserve — its first since 2023 — as stubborn inflation, Middle East supply disruptions and concerns over the AI sector roiled sentiment.

Elena Voss