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US President Trump: Iran may be responsible for the attack on the Saudi pipeline; the Houthis do not want to fight us; we control the Strait of Hormuz.

2026-09-12

US President Trump: Iran may be responsible for the attack on the Saudi pipeline; the Houthis do not want to fight us; we control the Strait of Hormuz.

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2026-09-11

Preliminary September University of Michigan consumer sentiment index 47.8, down for a second month but by fewer than 4 index points. Expectations for personal finances and business conditions over the next year fell sharply; Democrats and Republican

Preliminary September University of Michigan consumer sentiment index 47.8, down for a second month but by fewer than 4 index points. Expectations for personal finances and business conditions over the next year fell sharply; Democrats and Republicans both showed large declines while independents were little changed. Consumers cited a rebound in fuel prices and rising trade tensions, saying they greater expect wallet pressure ahead. Five-year expectations for business conditions were unchanged but remain far below historical averages. Overall sentiment is about 16% below February levels before the Iran conflict and 13% below a year ago. One-year inflation expectations jumped to 4.6% from 4.0%, the highest since June and above the February pre-Iran 3.4% and all prior 2024 readings. Long-term inflation expectations ticked up to 3.4% from 3.3%, ending a three-month flat stretch and remaining above the 2.8–3.2% range seen earlier in 2024.
2026-09-12

Russia said it struck Ukrainian metallurgical plants producing metals used for military equipment.

Russia said it struck Ukrainian metallurgical plants producing metals used for military equipment.
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