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Today's top business and financial market headlines are dominated by a massive Big Tech sell-off, solid Q3 earnings results, and shifting expectations for central bank interest rates: 1. Alphabet Suffers Historic Drop, Dragging Wall Street Lower Alphabet (Google's parent company) suffered its worst single-day decline on record, with shares tumbling 12.6%. The historic crash wiped out over $460 b

Today’s top business and market headlines (September 16, 2026) center on the Federal Reserve’s first interest rate hike since 2023, market reactions, corporate moves, AI developments, and ongoing energy/geopolitical pressures.[[1]](https://www.theguardian.com/us/business) Federal Reserve Rate Hike The Fed unanimously raised its benchmark interest rate by 0.25 percentage points to a target range