Nathan Hager on Bloomberg Daybreak: US Edition
Iran has increased attacks in the Strait of Hormuz, with the UK's Maritime Trade Operations reporting nine this month, half September’s combined total for the strait and Persian Gulf. Vice President JD Vance said the US is talking with Iran’s president and foreign minister.John Tucker on Bloomberg Daybreak: US Edition
A tropical storm strengthening off Mexico could bring up to six inches of rain before affecting the U.S. Gulf Coast as the Atlantic’s first hurricane of the year. Forecast winds could reach 100 miles per hour, with effects from Washington to Boston expected over the weekend.Dana Khraiche on Bloomberg Daybreak: US Edition
Oman’s Defense Ministry rescued 10 crew members from the commercial vessel Peace after an attack caused a fire. The attacks are keeping oil prices around or above $100 a barrel and raising shipping rates, while the US says oil and LNG ships are using an Omani route assisted by the US Navy.Nathan Hager on Bloomberg Daybreak: US Edition
Gasoline prices have risen 46% since the war began, and President Trump said he is considering suspending the federal gas tax. His administration is pursuing the move as it tries to reduce energy costs before next month’s midterm elections.Karen Moskow on Bloomberg Daybreak: US Edition
Saudi Arabia is fighting Iran-backed Houthis near the Bab el-Mandeb Strait. Secretary of State Marco Rubio said Saudi Arabia can defend itself, while the Trump administration is providing limited support and urging Riyadh not to send troops into Yemen or start a wider war.Nathan Hager on Bloomberg Daybreak: US Edition
US stocks opened in record territory after the S&P 500 and NASDAQ reached all-time highs. Bloomberg reported that the percentage of stocks above their 10-, 50-, and 200-day moving averages fell to levels last seen in March.John Tucker on Bloomberg Daybreak: US Edition
U.S. forces in Japan paused operations for 48 hours and will impose a month-long curfew after a U.S. Marine was arrested on suspicion of murdering a Japanese woman on Okinawa.Karen Moskow on Bloomberg Daybreak: US Edition
Elon Musk’s SpaceX is seeking $40 billion from banks and investors to buy Nvidia chips for its artificial-intelligence expansion. PIMCO is examining the deal, while the Financial Times reported Apollo Global Management is leading financing that would rank among AI’s largest debt deals.Nathan Hager on Bloomberg Daybreak: US Edition
The Cook Political Report has shifted the Kansas Senate race to toss-up, expanding Democrats’ potential path to control the Senate. A New York Times poll found Democratic pastor Adam Hamilton tied with Republican incumbent Roger Marshall, while Democrats need four gains for a majority.Karen Moskow on Bloomberg Daybreak: US Edition
Republican Senator Susan Collins and Democratic former State Senate President Troy Jackson held their first Maine Senate debate less than four weeks before the midterm election. A New York Times Siena College poll found them tied at 47% on cost-of-living issues, while Collins led likely voters by three points.Karen Moskow on Bloomberg Daybreak: US Edition
International concern is growing after a worker died at a Russian anti-plague laboratory in Siberia. Russian authorities said no plague case has been detected and called the severe pneumonia’s origin unknown, while China said it is cooperating with Moscow on infectious-disease prevention.Karen Moskow on Bloomberg Daybreak: US Edition
JPMorgan Chase CEO Jamie Dimon said artificial intelligence creates value but warned that AI-related cyber risks are real. He said JPMorgan Chase is addressing those risks while deepening its financial ties to Anthropic and the broader AI industry.John Tucker on Bloomberg Daybreak: US Edition
New York City can proceed with its pied-à-terre tax while an appeals court reviews a legal challenge. The measure, a signature policy of Mayor Zoran Mamdani, applies to second homes.