The Daily

President Donald Trump said on Sunday that the US should have the world’s lowest interest rates, piling pressure on Federal Reserve Chair Kevin Warsh days before the bank is expected to raise them amid an increasingly hawkish global outlook.

Trump’s call comes on the heels of a hotter-than-expected US inflation reading for August and an unexpectedly strong jobs report,

 » Read more about: Trump says US interest rates should be lowest in the world  »

 » Read more about: Nasdaq Leads US Stocks Lower as AI Development Debate Weighs on Technology Sector: Dow Jones, S&P, Wall Street  »

Larry Ellison just canceled a plan to sell billions in Oracle stock, but the market is punishing shares anyway as a surprise cost disclosure threatens to overpower what should have been a bullish insider signal.

 » Read more about: Oracle Slides 5% as Layoff Costs Outweigh Ellison’s Canceled $7.5B Stock Sale; Nebius and CoreWeave Fall 5%  »

 » Read more about: Here are our top 10 things to watch in the stock market Monday  »

President Trump has said he will lift the tariffs Irish whiskey exports face in the US.

The US President made the remarks as he attended the Irish Open golf tournament yesterday (13 September) towards the end of a two-day visit to the country, which included meeting Taoiseach Micheál Martin.

 » Read more about: Trump: I’ll remove US tariffs on Irish whiskey  »

Sergey Nazarov, co-founder of Chainlink, is heading back to the Federal Reserve Bank of Philadelphia for the second year in a row. This time, he’ll share the stage with executives from BlackRock and Vanguard at the bank’s 10th Annual Fintech Conference, scheduled for September 24-25, 2026.

The panel will focus on how new regulatory frameworks are reshaping the digital assets landscape,

 » Read more about: Chainlink co-founder joins panel at Federal Reserve event alongside BlackRock, Vanguard executives  »

 » Read more about: Breakfast News: Bubble Trouble – Or Just Noise?  »

 » Read more about: JPMorgan double upgraded a data center stock that struck a deal with Nvidia earlier this year  »

Anthropic (ANTH.PVT) CEO Dario Amodei rocked the AI world over the weekend after he posted a lengthy essay calling on the industry to slow the pace of development of the most advanced AI models.

Rival OpenAI (OPAI.PVT) CEO Sam Altman followed up on Amodei’s piece,

 » Read more about: Tech stocks today: AI warnings send shock through chip stocks  »

TLDR

• Nasdaq fell 1.3%, the Dow dropped around 256 points, and the S&P 500 declined 0.8% on Monday
• Anthropic CEO Dario Amodei published a 3,800-word essay calling for a global slowdown in AI development
• OpenAI CEO Sam Altman and Elon Musk backed Amodei’s position
• OpenAI delayed its IPO to 2027 over AI safety concerns;

 » Read more about: Dario Amodei AI Safety Essay Sends Nasdaq Lower as Chip Stocks Drop  »