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Crude Oil Drops to $95.78 as Trump Signals Iran Diplomacy
U.S. crude oil fell 4.5% to $95.78 per barrel on Monday as Trump indicated willingness to meet Iranian President Pezeshkian and Saudi Arabia’s East-West pipeline closure proved less disruptive than feared.
Trump Pursues ‘Massive’ Belarus Potash Deal to Undercut Canada on September 22
Trump says U.S. working on major potash deal with Belarus at lower prices than Canada. Canada supplies 79% of U.S. potash imports. Belarusian leader says limited volumes available.
Vonovia Falls 1.2% as Berlin Left Party Pushes Housing Expropriation
Vonovia stock fell 1.2% to €17.48 after Berlin’s Left Party election victory renewed expropriation threats. Federal countermeasures add uncertainty to the company’s 138,000 Berlin apartments.
Meta Stock Surges 12.8% as Muse AI Tops App Store Despite Outage
Meta stock climbs 12.8% as Muse AI agent hits No. 1 on Apple App Store. Brief Facebook outage affected 17,000+ users but failed to dent investor sentiment focused on AI growth.
Trump Bans Three News Outlets From White House; Networks Sue and Suspend Coverage
Trump banned CNN, MS Now, and Politico from the White House on September 21. The outlets sued in federal court, and ABC, CBS, Fox News, and NBC suspended pool coverage in protest.
Meta Stock Soars 11% as Wells Fargo Raises Target to $796, Muse AI Tops App Store
Meta stock surged 11% to $741.25 after Wells Fargo raised its price target to $796 on strong Muse AI downloads and successful model launches. The stock is up 30% in three months.
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.
Trump and Mamdani Agree to Advance $21B Sunnyside Yards Housing Plan
Mayor Mamdani and President Trump agreed to advance talks on a $21 billion Sunnyside Yards housing project during a Monday meeting at Gracie Mansion in New York City.
Telstra Faces Loss of Triple Zero Control as Senate Pushes Nationalisation
Senate inquiry calls for Telstra to lose Triple Zero control and for the emergency service to be nationalised. The recommendation follows outages linked to deaths and has backing from Labor, Coalition, and Greens.