Writing the summary…
Here's the inflation breakdown for September 2026 — in one chart
Source: CNBC
Original reporting
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BBC Business3 outlets
Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer
Saudi OpenAI employee was arrested over allegations he planted a hidden device to record sensitive company conversations
BBC Business
Netflix to cut 1,000 jobs worldwide
The streaming giant had a slowdown in subscriptions.
CNBC
Morgan Stanley tops estimates as equities trading revenue beats expectations by $909 million
Morgan Stanley topped expectations on the top and bottom lines for the third quarter.
CNBC
Abilene Christian University is giving Ivy League endowments a run for their money in the market
The religious school in Texas is among college endowment funds rivaling market performance of Ivy investing giants like Yale and just hit the $1 billion mark.
CNBC
Container ship sinks in Strait of Hormuz as Iran steps up attacks
Iran has escalated its strikes on commercial ships transiting Hormuz in recent weeks, as it tries to choke off a rebound in crude oil exports.
CNBC
Treasury says largest U.S. banks let politics influence who received banking services
New Treasury Department findings may lend weight to President Donald Trump’s long-running grievance that major banks have discriminated against conservatives.