What are today's top business/market headlines?

Here are the top business/market headlines for Saturday, September 12, 2026 (U.S.):

•Wall Street rebounded Friday (Sep 11) as oil eased; August CPI rose 0.4% m/m, firming odds of a Fed rate hike at next week’s Sep 15–16 meeting.[1]

•Oil spiked above $100 this week amid U.S.-Iran hostilities; the U.S. says it’s made progress reopening the Strait of Hormuz, while Saudi Arabia shut a major pipeline after a drone attack. Prices pulled back Friday.[2]

•Dollar gained against the euro and Swiss franc after the CPI print, with yields holding near multi‑year highs.[3]

•European Central Bank raised rates 25 bps on Thursday (Sep 10) to 2.50% to counter energy‑driven inflation.[4]

•Global bond/stock selloff paused Friday as oil eased, but higher inflation kept yields elevated.[5]

•UK GDP beat expectations, rising 0.4% m/m in July, per the ONS.[6]

•Hardware/AI stocks jumped after Oracle’s results; Dell (+~11%), HPE (+~10%), HP (+~8%).[7]

Want a deeper dive into any of these (Fed odds, oil/Geopolitics, FX, or sector movers)?

Citations (7)

1livemint.comNews and media
Wall Street rallies as strong inflation data cements rate-hike bets | Stock Market News
Backs: “August CPI rose 0.4% m/m, firming odds of a Fed rate hike at next week’s Sep 15–16 meeting.”
evidence, article. Claim: Wall Street rebounded Friday as oil eased; August CPI rose 0.4%, firming odds of a Fed rate hike at the Sep 15-16 meeting.
2apnews.comNews and mediaquality 1.00
Oil surges above $100 a barrel as US and Iran launch new attacks, while gasoline prices also jump
Backs: “Oil spiked above $100 this week amid U.S.-Iran hostilities; the U.S. says it’s made progress reopening the Strait of Hormuz, while Saudi Arabia shut a major pipeline after a drone attack. Prices pulled back Friday.”
evidence, article. Claim: Oil spiked above $100 amid U.S.-Iran hostilities; Hormuz reopening progress, Saudi pipeline shut after drone attack, prices pulled back Friday.
3marketscreener.comNews and media
Dollar rises against euro and Swiss franc after US inflation data | MarketScreener Australia
Backs: “Dollar gained against the euro and Swiss franc after the CPI print, with yields holding near multi‑year highs.”
evidence, article. Claim: Dollar gained against the euro and Swiss franc after the CPI print, with yields near multi-year highs.
4apnews.comNews and mediaquality 1.00
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
Backs: “European Central Bank raised rates 25 bps on Thursday (Sep 10) to 2.50% to counter energy‑driven inflation.”
evidence, article. Claim: ECB raised rates 25 bps on Thursday to 2.50% to counter energy-driven inflation.
5marketscreener.comNews and media
Bond yields near multi-year peaks, Wall Street surges on accelerating US prices | MarketScreener Australia
Backs: “Global bond/stock selloff paused Friday as oil eased, but higher inflation kept yields elevated.”
evidence, article. Claim: Global bond/stock selloff paused Friday as oil eased, but higher inflation kept yields elevated.
6theguardian.comNews and mediaquality 0.75
UK economy defies forecasts with surprise 0.4% growth in July | Economic growth (GDP) | The Guardian
Backs: “UK GDP beat expectations, rising 0.4% m/m in July, per the ONS.”
statistic, article. Claim: UK GDP beat expectations, rising 0.4% month-on-month in July, per the ONS.
7boursorama.comNews and mediaquality 0.53
Les résultats encourageants d'Oracle et les prévisions optimistes des courtiers concernant l'IA stimulent les valeurs du secteur du matériel informatique - 11/09/2026 à 17:12 - Boursorama
Backs: “Hardware/AI stocks jumped after Oracle’s results; Dell (+~11%), HPE (+~10%), HP (+~8%).”
statistic, article. Claim: Hardware/AI stocks jumped after Oracle results; Dell about 11%, HPE about 10%, HP about 8%.