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Wall Street indexes closed lower. Economic data has increased uncertainty regarding the outlook for interest rate cuts.
Germany's Defense Minister announced a €35B ($41B) investment over five years for space security, including cybersecurity. The plan entails new satellite constellations for early warning, reconnaissance, and communication, aiming to counter rising threats.
The US approved a $1.23 billion sale of up to 400 advanced air-to-air missiles to NATO ally Germany. This enhances Germany's F-35 program and strengthens its air-to-air capabilities against current and future threats, supporting shared defense.
The dollar strengthened against other currencies following the release of US economic data. (Reuters)
Dollar rises against peers after US economic data. (Reuters)
Former French President Nicolas Sarkozy was sentenced to five years in prison for criminal conspiracy related to financing his 2007 campaign with Libyan funds. This marks the first time a former French president will serve time.
Musk's xAI accuses rival OpenAI of stealing trade secrets.
PA President Abbas at UNGA accused Israel of 'genocide' in Gaza, sought full UN membership for Palestine, offered PA governance of Gaza without Hamas, and appealed to President Trump for peace. World leaders applauded.
Palestinian President Abbas, at the UN, appealed to Trump for peace & declared the PA ready to govern Gaza without Hamas. He sought full UN membership, recognized Israel's right to exist, and rejected Hamas's Oct 7 attacks.
Amazon will pay $2.5 billion for allegedly misleading millions into Prime subscriptions.
Defense Secretary Pete Hegseth has called an abrupt, undisclosed meeting next week in Quantico, VA, with hundreds of top military leaders. This follows his previous actions of cutting officer ranks and firing leaders without explanation.
War Secretary Pete Hegseth summoned hundreds of generals and admirals to an urgent, unprecedented meeting in Virginia next week. The reason is unknown to many, sparking security concerns. Hegseth aims to trim military ranks and reduce headquarters.
Air Force AI teaming tests show promise in generating battle options quickly but suffer from "hallucinations," producing non-viable plans due to missed nuances. Human oversight remains crucial to ensure effective decision-making.
Israel struck Yemen's Sanaa after a Houthi drone attack on Eilat.
Amazon will pay $2.5 billion for allegedly misleading millions into signing up for Prime.
U.S. Justice Department sues six states regarding voter registration lists.
Boeing is replacing 3,200 striking IAM workers in St. Louis (on strike since Aug. 4) with permanent non-union staff. The union rejected a Sept. 12 contract over product quality. VP Dan Gillian confirmed interviews. F-15EX production is impacted.
Justice Department sues six US states regarding voter registration lists.
President Trump signaled potential financial aid for US farmers affected by his trade policies. These policies have impacted US farmers, including export markets like China.
Amazon will pay $2.5 billion for allegedly misleading millions into Prime subscriptions.

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