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UBS doubles down on Fed rate-hike forecast for 2026

UBS Wealth Management USA has raised its forecast from one rate hike to two and expects the first to come later in September. 

But a more hawkish Fed doesn’t necessarily imply a deteriorating investment outlook, according to UBS Executive Director and Senior U.S. Economist Andrew Dubinsky.

“Investors should maintain diversified exposure and use market volatility around economic data and Fed decisions to rebalance portfolios toward their long-term targets,”

 » Read more about: UBS doubles down on Fed rate-hike forecast for 2026  »

Explained – Why the Dow Jones fell over 600 points on Tuesday but S&P 500 and Nasdaq did not

Benchmark indices on Wall Street began the truncated week on a negative note on Tuesday, September 8, as rising tensions in West Asia led to a spurt in crude oil prices.

The Dow Jones fell over 600 points on Tuesday, digesting cues from over the weekend as well as from Monday,

 » Read more about: Explained – Why the Dow Jones fell over 600 points on Tuesday but S&P 500 and Nasdaq did not  »

Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals weak opening; US markets fall, Asian equities gain

Market on Tuesday | Markets fall for second day; Nifty below 23,650, Sensex down 555 points

Indian benchmark indices extended their losing streak for the second consecutive session on September 8, with the Nifty hitting a nearly three-month low amid selling pressure in IT, oil &

 » Read more about: Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals weak opening; US markets fall, Asian equities gain  »

Could Trump’s Iran trade war threaten Spain’s saffron-infused paella?

Madrid, Spain – Fields of purple flowers contain crimson stigmas that make saffron, an essential spice in Spain’s national dish, paella.

Saffron gives the rice-based dish its distinctive yellow colour and earthy aroma.

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Though the central Spanish region of Castilla-La Mancha grows its own crop,

 » Read more about: Could Trump’s Iran trade war threaten Spain’s saffron-infused paella?  »

Live updates: Supreme Court denies GOP on Missouri map suit; Canadian tariffs, Trump threats grow trade war

Supreme Court Justice Brett Kavanaugh on Tuesday denied a request to lift a block on Missouri’s new congressional map, which was poised to give Republicans a pickup opportunity in November. The decision means the Show Me State must revert to its existing GOP-favored 6-2 House map for the November election.

 » Read more about: Live updates: Supreme Court denies GOP on Missouri map suit; Canadian tariffs, Trump threats grow trade war  »

‘I Should’ve Learned Options Sooner,’ Says a Day Trader. She Put Them Off for Years Because They Seemed Too Confusing

A day trader who spent years avoiding options because they seemed too complicated finally took the plunge last month. After making $280 from two trades in a single morning, she’s wondering why she …

 » Read more about: ‘I Should’ve Learned Options Sooner,’ Says a Day Trader. She Put Them Off for Years Because They Seemed Too Confusing  »

Stock Market Sinks On Debt Fears And Oil Price Spike, Yet This Tech Group Stretches A Win Streak

Already three weeks have passed since the headline of America’s debt mountain rising past $40 trillion crossed Wall Street trading desk screens on Aug. 16. Yet the new so-called elephant in the room still seems to be shaking stock market investors a bit. Once again, the long-term cost of money is rising.

 » Read more about: Stock Market Sinks On Debt Fears And Oil Price Spike, Yet This Tech Group Stretches A Win Streak  »

Uber Falls 4% on Tesla Cybercab Threat as Slovenia Clears Full Self-Driving; TSLA Stock Rises 4%

Tesla’s expanding robotaxi footprint is sending ripples through the rideshare market, and Uber shareholders are absorbing the hit even though Uber’s own results gave them no reason to sell.

A single robotaxi story is pulling two of the market’s biggest mobility names in opposite directions Tuesday afternoon. Uber Technologies (NYSE:UBER | UBER Price Prediction) is sliding as investors weigh the competitive threat from a manufacturer that could run its own purpose-built fleet.

 » Read more about: Uber Falls 4% on Tesla Cybercab Threat as Slovenia Clears Full Self-Driving; TSLA Stock Rises 4%  »

Spend the IRA First and Delay Social Security, or the Reverse? The Wrong Order Costs Six Figures and These 4 ETFs Fund the Wait

Quick Read

  • Spending the IRA first while delaying Social Security to 70 earns roughly 8% per year.

  • Four ETFs fund the bridge years by covering different spending time horizons without forcing sales in down markets: SGOV, JEPI, VYM, and AGG each play a distinct role in that strategy.

 » Read more about: Spend the IRA First and Delay Social Security, or the Reverse? The Wrong Order Costs Six Figures and These 4 ETFs Fund the Wait  »

BoE's Bailey pushes back against idea of rate hike being inevitable

By David Milliken and Sam Tobin

LONDON, Sept 8 (Reuters) – Bank of England Governor Andrew Bailey said on Tuesday he wanted to dispel the idea that it’s just a matter of time before the central bank raises interest rates, rather than a possibility that hinges on economic and geopolitical developments.

 » Read more about: BoE's Bailey pushes back against idea of rate hike being inevitable  »

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