Latest Economy & Business Stories

OpenAI misalignment reports prompt tighter AI oversight

Elena Marchetti September 17, 2026

OpenAI disclosed six cases of unexpected AI behavior and introduced a framework to track and report misalignment, reflecting growing safety concerns.

Fed interest rate hike: What it could mean for consumers

Leilani Santos September 16, 2026

A Fed interest rate hike is expected. Here is what higher borrowing costs could mean for mortgages, credit cards, auto loans, savings and Hawaiʻi households.

Wall Street eyes clues on Federal Reserve rate hikes

Elena Marchetti September 15, 2026

With a move expected this week, investors look to the dot plot for guidance on Federal Reserve rate hikes and how much further borrowing costs could rise.

Clarity Act heads to key Senate test amid ethics, bank rifts

Leilani Santos September 14, 2026

The Clarity Act faces a pivotal Senate vote as Republicans add ethics and stablecoin tweaks. Democrats and banks remain split on the crypto framework.

Trump says he will lift 15% Irish whiskey tariff

Elena Marchetti September 13, 2026

At an Irish Open event in Doonbeg, Trump said he plans to lift the 15% Irish whiskey tariff. Industry groups welcomed the move, though timing is unclear.

Kevin Warsh communication strategy unsettles Wall Street

Leilani Santos September 12, 2026

Kevin Warsh communication strategy marks a shift from past Fed signaling and has raised questions among investors ahead of the next policy meeting.

Marvell optical networking seen as key growth driver

Elena Marchetti September 12, 2026

An analyst says Marvell optical networking and supporting components could unlock a $30 billion opportunity beyond its custom chips.

Bessent says a large bank sanctioned next week by U.S.

Leilani Santos September 11, 2026

U.S. Treasury Secretary Scott Bessent said a large bank will be sanctioned next week, part of expanded measures tied to Iran under Operation Economic Outcast.

Brazil fuel tax cuts and diesel subsidy signed by Lula

Elena Marchetti September 10, 2026

President Lula signed tax relief on gasoline and ethanol and a diesel subsidy to temper pump prices ahead of Brazil’s October election amid higher oil.

U.S.-Canada trade war rattles Montana farmers, small firms

Leilani Santos September 9, 2026

The U.S.-Canada trade war is intensifying, with new retaliatory tariffs raising costs for Montana farmers and small manufacturers who rely on cross-border commerce.

Chip stock investors watch currency moves for warning signs

Elena Marchetti September 8, 2026

Chip stock investors are monitoring currency market shifts for clues to potential weakness in semiconductor shares and broader tech momentum.

China bank capital injection targets lenders, insurers

Leilani Santos September 7, 2026

Beijing will channel 360 billion yuan into state lenders and insurers, signaling restrained support for growth as credit demand stays weak.

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