What are today's top business/market headlines?

Here's a roundup of the top business and market headlines heading into today (Sunday, September 13, 2026), following Friday's trading session and recent developments:

Oracle/Larry Ellison Stock Sale Reversal
In a fast-moving story, Larry Ellison canceled his plan to sell up to 50 million of his shares in Oracle, or $7.5 billion worth of stock at the current price, just a day after a regulatory filing disclosed the Oracle founder's trading plan. No Oracle stock had been sold under the plan, and Ellison has no other plans to sell any of his shares, according to the Saturday news release. The original plan, which would have marked his largest sale in over two decades, had been adopted on June 22 and was set to end on Oct. 24 — an unusual move for Ellison, who has held onto a substantial part of the company he launched in 1977.

Markets Snap Losing Streak Friday
Wall Street rebounded to close out the week: stocks rose Friday, rebounding after four straight days of declines, as oil prices retreated, with traders looking past growing expectations of a Federal Reserve rate hike following the latest U.S. inflation reading. The Dow Jones Industrial Average advanced 509.19 points, or 0.98%, to close at 52,573.29, while the S&P 500 climbed 0.86% to 7,656.98 and the Nasdaq Composite jumped 0.96% to end at 26,333.04. Still, for the week the Dow fell 1.6% and the S&P 500 declined 0.8%, while the Nasdaq fell about 0.7%, marking its first negative week in three sessions.

Oil & Middle East Tensions
Energy markets remain a major driver of sentiment. Oil extended gains after surging past $100 per barrel on persistent concerns over supply disruptions, following a sharp escalation in fighting in the Middle East, with Brent crude gaining to $108.21 a barrel and WTI advancing to $102.96 per barrel. By Friday, crude had eased somewhat as crude prices gave back some of the sharp gains seen from escalating Middle East tensions, with West Texas Intermediate futures dropping 2.4% to settle at $100.05 per barrel.

Fed Decision Looms
All eyes are on next week's Federal Reserve meeting. U.S. consumer prices edged up in August but didn't completely settle debate over the Federal Reserve's rate decision next week — the headline CPI rose 0.4% as expected, up from 0.1% in July, while core CPI advanced 0.3%, above the 0.2% consensus. Wells Fargo strategists remain constructive on the outlook: "We believe investors will look beyond the uncertainties of higher interest rates, elevated oil prices and midterm elections to focus on continued economic growth and robust earnings through year-end and into 2027."

Corporate Profits Hit Record
On the economic data front, U.S. pre-tax profits in the second quarter hit $4.8 trillion, or 17.9% of national income, according to Commerce Department data — the highest share since records began in 1947.

AI Boom Ripple Effects
The AI investment boom continues to reshape multiple markets — from copper (tightening global copper supply, robust demand from the AI boom and uncertainty over tariffs are all whipping up a frenzy for the red metal, sending prices soaring to their highest levels ever) to corporate debt markets, where corporate bonds issued by AI tech giants are eating the government's lunch in the bond market.

Would you like me to dig deeper into any one of these stories — Oracle, oil/Middle East, or the Fed decision?