September 9, 2026

India’s central bank used currency swaps to drain cash from banks, according to people familiar with the matter, as excess funds in the financial system climbed to a record

Companies are ramping up borrowing in bond markets again after raising more than $70 billion Tuesday in the busiest global session since June, as borrowers seek to lock in funding before costs climb any higher.

Adam Posen, president of the Peterson Institute for International Economics, discusses Treasury Secretary Scott Bessent’s challenge to traders to test his resolve on boosting the yen. “It’s a bad policy,” Posen tells Bloomberg Television. “As Secretary [Robert] Rubin used to say, and everyone up until now used to say: ‘A strong dollar is in the US interest.'” (Source: Bloomberg)

“We have witnessed our parents’ gradual decline in cognitive ability.”

Marc Jacobs might be best known for his catwalk creations, but in 2019, he took on the ambitious project of overhauling a $9.17 million Frank Lloyd Wright–designed property that he purchased on a whim.

“The View” host Joy Behar has officially offloaded her longtime Hamptons home for $5.65 million—more than $5 million below her original asking price.

    Read MoreCommodities & Futures News

Apple Inc.’s $570 billion summer surge is saddling new Chief Executive Officer John Ternus with high expectations heading into the company’s most anticipated event in years: the unveiling of the foldable iPhone on Wednesday.