Flash News

TREE NEWS update: The Trump administration has proposed eliminating the 60-day discretionary grace period that lets H-1B and other foreign workers stay in the US while seeking a new sponsor after losing their jobs. The rule would scrap the accommodation in place since 2017. The Department of Homeland Security says the proposal would cut its administrative burden, while critics argue it shifts responsibility to the State Department and raises costs for employers that dismiss foreign staff.

TREE NEWS update: US Treasury Secretary Scott Bessent said the United States is moving toward the “other side” of an energy supply shock. Bessent did not specify a timeline or detail specific measures in the remarks. The comment comes as energy prices remain a key input for inflation and Federal Reserve policy expectations.

TREE NEWS update: US Treasury Secretary Scott Bessent said no bond buybacks were conducted today at the scale he had previously indicated, because the Treasury is buying cheap. Bessent added that the US has the world’s best-performing bond market, that the Treasury market is in good shape, and that investors are not demanding a premium on long-end Treasuries.

TREE NEWS reports: The US rate-cut winners index fell 1.09% to 90.27 on Thursday, September 10, holding near lows after gapping down as international oil prices rose. The “Trump tariff losers” index dropped 1.57% to 106.89, and the “Trump financial index” slipped 0.62% to 175.66. The meme-stock index lost 1.89% to 12.06, rallying early before fading.

TREE NEWS update: US President Trump said in a CBS interview that his promised $5,000 payouts to Americans do not require congressional approval. Asked whether approval was needed, he said, “We don’t think so,” adding that if it were required, he believed Congress would approve it. Trump reiterated the money must be spent inside the United States and called it a “tremendous injection of funds,” without detailing how the domestic-spending restriction would be enforced.

TREE NEWS update: The UK Maritime Trade Operations reported that four unidentified flying objects struck two vessels of unknown nationality about four nautical miles west of Khasab, Oman, on September 10. One of the ships caught fire while the condition of the other remains unclear. Authorities are investigating the incident, and vessels in the area have been advised to exercise caution and report any suspicious activity.

TREE NEWS reports: The Magnificent 7 index closed up 0.11% at 225.67 on Thursday, September 10, recovering from a lower open. The mega-cap tech index moved the other way, falling 0.75% to 449.62 after gapping lower and trading in a narrow range near its lows.

TREE NEWS reports: FTSE China A50 index futures closed down 0.66% in overnight trading, settling at 14,513 points. The decline in the Singapore-listed contract, which tracks the 50 largest A-share companies on the Shenzhen and Shanghai exchanges, reflects offshore positioning on Chinese equities outside mainland trading hours.

TREE NEWS update: Canadian Prime Minister Mark Carney said Ottawa is examining the latest US trade measures targeting Canada. The new US measures against Canada are moderate in scope. No further details on the specific measures or Canada’s response were provided.

TREE NEWS reports: US equity futures closed lower in Thursday’s New York session on September 10. S&P 500 futures fell 0.53%, Dow futures dropped 0.61%, and Nasdaq 100 futures declined 1.05%. Russell 2000 futures slipped 1.06%, with small-cap contracts posting the steepest decline of the four benchmarks.

TREE NEWS update: UK Prime Minister Burnham said all options remain under consideration regarding diesel export controls. He gave no further detail on which measures are being weighed or on any timeline for a decision. The remarks leave the scope of any potential restriction on diesel exports unspecified.

TREE NEWS reports: Spot gold fell 1.91% to $4,314.82 an ounce in late New York trade on Thursday, September 10, after touching a session high of $4,434.67. Spot silver dropped 5.43% to $63.60 an ounce and COMEX copper slid 5.24% to $6.5275 a pound. The Philadelphia Gold and Silver Index closed down 3.56% at 397.07, while the NYSE Arca Gold Miners Index fell 2.87% to 2,775.85.

TREE NEWS update: US President Donald Trump on the 10th denied reports that American warplanes at a US base in Jordan were damaged in an Iranian attack. In a phone interview with NewsNation, Trump said the reports were “completely untrue,” adding that the US military “suffered no losses, nothing happened at all.”

TREE NEWS reports: A new AtlasIntel poll for Bloomberg News shows Flavio Bolsonaro and President Luiz Inacio Lula da Silva tied at about 46% each in a hypothetical October runoff, erasing Lula’s earlier 4.5-point lead. In the previous survey released in late August, Lula led 47.1% to 42.6%. The shift comes as a crisis inside Brazil’s Supreme Court weighs on the leftist incumbent’s re-election bid.

TREE NEWS update: Yemeni government naval forces withdrew from the strategic Hanish Islands in the Red Sea on the afternoon of the 10th, and Houthi fighters moved in immediately, establishing military positions on the islands, a government official said. That evening, Yemen’s government forces designated an area along the country’s west coast as a “combat zone.”

TREE NEWS update: Mexican President Claudia Sheinbaum said on 10 July that the United States should not use Mexico as a tool in its election politics, responding to US criticism of Mexico’s anti-drug trafficking efforts. Speaking at her regular press conference at the presidential palace, she said the US holds congressional midterm elections in November and should “not use Mexico in electoral campaigns.” Mexico does not interfere in the US electoral process, and “they should not interfere in Mexico’s either,” she said.

TREE NEWS reports: Goldman Sachs is gauging investor demand for data center bonds tied to Meta, testing appetite for debt linked to the social media giant’s infrastructure buildout. The bank is sounding out the market on the deal, with no size or pricing disclosed. Meta has been expanding its data center footprint to support AI workloads.

TREE NEWS reports: Brent crude (XBRUSD) rose past $110 a barrel and was quoted at $110.00, up 7.1% over 24 hours. The move marks a sharp one-day advance for the benchmark, which is trading at its highest level in the session.

TREE NEWS reports: Crypto sold off after August producer prices rose 0.4% and the 30-year Treasury yield closed above every level seen in the past five years, with Brent crude topping $106 and rate-hike odds reaching 64%. Bitcoin traded at $77,120 and 103 of the 125 largest non-stablecoin tokens fell on the day. Ether.fi bucked the trend, rising 14.2% on a buyback vote that closed a week ago.

TREE NEWS reports: MSCI’s emerging market currency index fell 0.2% on Monday, its largest single-day decline since July, while the MSCI emerging market stock index dropped 0.6% as investors weighed the risk of Federal Reserve rate hikes. Oil prices surged, with WTI crude futures up 7.27% at $103.03 a barrel and Brent up 7.04% at $108.34.