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Fed Raises Rates to 3.75%-4%, DAX Climbs 0.7% on Rate Decision
Fed raises rates to 3.75%-4% for first time since 2023. DAX gains 0.7% to 25,705 points. One more hike expected by year-end as central bank fights inflation.
UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Cue and Veronika Maine Enter Administration on September 15
Cue and Veronika Maine enter voluntary administration on September 15. The 58-year-old Australian fashion brands operated 51 stores but could not cover overhead costs despite a 5% sales increase.
Cumulus and Zimmer Press FCC to Lift Radio Ownership Caps, September 15
Cumulus Media and Zimmer Communications urge FCC to repeal local radio ownership caps, citing competition from Spotify, YouTube, and digital ad platforms that have cut into broadcast radio revenues since 1996.
airBaltic Files Chapter 11 as Iran War Costs Bite; €350M Financing Secured
airBaltic files for Chapter 11 bankruptcy on September 14, 2026, with €350 million financing secured. Operations continue as normal. The Latvian flag carrier cites Iran war costs and engine shortages.
Hyrox Apologises After Australian Champion Wins Race While Soiling Herself
Hyrox co-founder apologises after Australian athlete Joanna Wietrzyk won Beijing race despite soiling herself mid-competition. Organiser commits to immediate protocol changes and rule reviews.
Hyperliquid USD Rallies 4.3% to $80.59 on Corporate Buyback Plan
HYPEUSD jumped 4.3% to $80.59 after Hyperliquid Strategies expanded equity capacity to $2.5 billion, signaling potential token purchases.
Sanders Backs 32-Hour Workweek Bill as Congress Debates Labor Reform
Bernie Sanders’ new 32-hour workweek bill would gradually lower the federal overtime threshold from 40 to 32 hours over four years with no pay cuts. Critics warn it could cost jobs.
Nintendo’s Palworld Patent Rejected by Japan Office After Fan Video Evidence
Nintendo’s patent for monster-capture mechanics was rejected by Japan’s Patent Office after a 2013 fan video was cited as prior art. The company filed an appeal on September 3, 2026.