Wednesday, September 16, 2026

Bloomberg Bytes. . .

A strategic pivot by Warsh, who had previously suggested rates could fall, to demonstrate the Fed’s independence and commitment to containing price increases ahead of the November midterms. 


Fed Raises Rates by Quarter Point, Sees One More Hike This Year
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Al Drago/Bloomberg
Warsh Bucks Trump With Rate Increase to Contain Inflation
The Federal Open Market Committee voted unanimously to increase the benchmark federal funds rate to a range of 3.75% to 4%.
Technology And Business CEO's Meet In Sun Valley For Allen And Company Annual Meeting
Kevin Dietsch/Getty Images
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Zuckerberg Has an AI Empire to Build. Meet the Adviser Who Handles the Details
Dina Powell McCormick is Mark Zuckerberg's right-hand adviser as he builds an AI empire.
META
Meta’s Zuckerberg Favors Evaluators Over Slowdown of AI Development
Apple Is Developing Enterprise Server for AI Age, Report Says
Microsoft AI Chief Warns Anthropic’s Humanlike Claude Is Risky
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‘Like It’s Raining Gold’: The AI Boom’s Unexpected Billionaires
Key Speakers at AFR Business Summit
Brendon Thorne/Bloomberg
Damage at East-West Pipeline Pumping Station - September 13, 2026
Satellite image (c) 2026 Vantor/Getty Images









Exclusive
Saudis Seek to Resume Half of Key Oil Pipeline Within Days
State-run Saudi Aramco is working to bypass a damaged section on the route that will allow it to resume part of the pipeline’s capacity.
CO1
CL1

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The Iran Blockade’s Growing Price Tag Is Draining America's Global Military Power
United, American Say Fuel Cost Surge May Mean Capacity Cuts
Leon Black Appears For Closed Interview With House Oversight Committee Over Epstein Connections
Kevin Dietsch/Getty Images









Billionaire Leon Black Referred by House to DOJ for Contempt
The US House voted to refer billionaire Leon Black to the Justice Department for contempt of Congress for refusing to cooperate with an investigation into sex offender Jeffrey Epstein.
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The Epstein Clause: How $500 Helped Build a Wall Around Secrets

Bloomberg Businessweek

What’s Inside the Bond Market’s ‘Toxic Stew’
KangHee Kim for Bloomberg Businessweek; photos: Getty Images
What’s Inside the Bond Market’s ‘Toxic Stew’
Inflation, war, AI and the national debt are all ingredients driving up yields.
By Stacey Vanek Smith 







Crypto Exchange Office on First Business Day
SeongJoon Cho/Bloomberg

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Bloomberg Bytes. . .

A strategic pivot by Warsh, who had previously suggested rates could fall, to demonstrate the Fed’s independence and commitment to containin...