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Nasdaq Surges 2% to Record as Tech Stocks Rally on Oil Decline
Nasdaq hits record high with 2.26% gain as tech stocks surge and oil prices fall 4.5%. S&P 500 posts best day since early August amid AI rally and geopolitical optimism.
Australia’s Deaths to Outnumber Births by 2060s, Treasury Warns
Australia’s 2026 Intergenerational Report shows deaths will outnumber births by the 2060s as fertility falls to 1.34 children per woman. Real GDP growth per person projected at 1.2% over 40 years.
German Entrepreneur Wanja Oberhof Arrested in New York on $2.5M Fraud Charges
German entrepreneur Wanja Oberhof arrested in New York for allegedly defrauding former Siemens CEO Klaus Kleinfeld of $2.5 million through a wellness app investment scheme.
Social Security COLA Set to Rise 3.5% in 2027, Boosting Average Check by $68
Social Security COLA forecast for 2027 shows 3.5% increase, raising average monthly benefits by $67.90. Official announcement set for October 14, with payments beginning January 2027.
Amazon Prime Settlement Expands: Millions Now Eligible for Up to $200 Refunds
Amazon expands FTC Prime settlement refunds to millions more customers. Maximum payout rises to $200, with automatic payments starting October 1, 2026. No claims needed.
Converse Apologizes for Ads Compared to KKK and Lynching Imagery
Converse apologized after ads featuring K-pop star Karina and a Palmes collaboration drew KKK and lynching comparisons online. The company removed the images and pledged to do better.
Oriental Land Stock Surges 45% From May Low as Disney Sea 25th Anniversary Boosts Q1 Earnings
Oriental Land (4661.T) stock climbed 45.9% from May lows to ¥3,068 on September 17 after Q1 operating profit jumped 23.1%. The company offers special 100-share dividend for 30th listing anniversary.
Senate Democrat Blocks Data Center Bill, Halting Consumer Protection Measure
Senate Democrat Martin Heinrich blocked the Ratepayer Protection Act on September 17, saying the bill’s voluntary standards lack enforcement teeth. The House passed it 417-3 the day before.
So Delicious Frozen Dessert Recalled Over Stones in Cashews, September 18
Danone USA recalls So Delicious Dairy Free Salted Caramel Cluster pints nationwide due to small stones and hard objects in cashew inclusions. Check UPC 744473476138 and best-by dates through April 3, 2028.