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US government borrowing costs climbed to their highest level since 2007 after a jump in oil prices further fuelled concerns about inflation. The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, rose as high as 5.04% but has eased back since. Government bond yields have been rising globally for months, driven by worries that inflation caused by the oil price surge since the start of the US-Israel war with Iran will lead to higher interest rates. The US has been buying back bonds back in a bid to drive the Treasury yield down, with Treasury Secretary Scott Bessent calling the intervention successful. The global benchmark wholesale oil price rose to over $109 a barrel on Tuesday, up from around $86 at the end of August, after renewed concerns about Saudi Arabia's ability to export oil following rising tensions in the region .

This material may not be published, broadcast, rewritten, or redistributed. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset . Powered and implemented by FactSet Digital Solutions . Mutual Fund and ETF data provided by LSEG . Asked Siri to call your bank?

The Clarity Act crypto regulation bill failed a key Senate vote, with Sen. Cynthia Lummis saying the effort is over. Democrats cited ethics and money laundering concerns.

Is the war entering a new phase? NATO downs drone over Lithuania, 'probably' launched by Russia NATO downs drone over Lithuania, 'probably' launched by Russia A NATO fighter jet shot down a drone in southern Lithuania shortly after midnight on Tuesday, which Italian Defence Minister Guido Crosetto says "probably originated from Russia". Share NATO downs drone over Lithuania, 'probably' launched by Russia on social media Who is NFL billionaire Robert Kraft? Athletes share'what women in sport look like' to rebut Sydney Sweeney ad Millions line up for'sacred henna' at Indian temple

AI just solved one of the world's hardest math problems. In late July, one of the world's most famous mathematicians issued a warning to his field. Math is entering a "turbulent period," the UCLA professor Terence Tao said in front of a packed lecture hall at the International Congress of Mathematicians. AI is getting so good at math, he said, that it's causing a "crisis in our mathematical values and practices." Earlier in the same week that Tao gave his talk at math's most prestigious conference, a researcher at Anthropic had used Claude to disprove an 87-year-old math conjecture.

Another Metropolitan Police officer has been dismissed following BBC Panorama's undercover investigation into the force's Charing Cross station. PC Mason O'Connor was sacked after a hearing found he had breached standards of professional behaviour, relating to a comment he made to a female colleague, the Met said. O'Connor was reported to a proactive wider investigation following the broadcast of the programme in October 2025 and he has become the 13th officer to be sacked since then, the force added. Other officers who were covertly filmed for the documentary were seen calling for immigrants to be shot, boasting about excessive use of force and joking about rape and sexual assault. O'Connor's dismissal relates to a comment he is alleged to have made to a female colleague while off-duty in a pub in October 2024.

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Experts say claims AI could kill all humans through biological weapons development had no scientific basis. Experts say claims AI could kill all humans through biological weapons development had no scientific basis. There have been some shocking claims in recent days about AI safety: we face a 10% chance of doom; AIs are worse than nukes; a "botnet" threatens the entire internet; it's all a big tech psyop. Below, we look at six claims and reactions to them. 'In 6-12 months a swarm could be capable of taking over the entire internet with a persistent botnet - potentially causing hundreds of billions of dollars in damage' - Dario Amodei, chief executive of Anthropic, 12 September 2026 Amodei's concerns should not be entirely dismissed but require a large shaker of salt, said Gary Marcus, an AI sceptic and emeritus professor at New York University.

Warning of space arms race as US confirms weapons in Earth's orbit To play this video you need to enable JavaScript in your browser. Warning of space arms race as US confirms weapons in Earth's orbit Close The US has confirmed it deployed a space weapon in Earth's orbit, the first time it has acknowledged such offensive capabilities. Russia and China responded by warning of an arms race in space. However, according to the BBC's Defence correspondent Jonathan Beale, this is already happening. Details of how the weapon operates have not been disclosed by US officials.