4 Things To Know This Afternoon

Rising mortgage rates, a U.S. military buildup in the Middle East, a ruling on presidential removal authority, and a reported failed Tennessee execution lead the October 1 news.

1. Mortgage Rates and Bond Yields Rise

Rising mortgage rates and the 10-year bond yield are adding to borrowing costs. Tariffs on materials and restrictions on building compound the pressure ...

1. Flydubai Hijacking Ends With Emergency Landing
   A Dubai-to-Israel flight made an emergency landing in Saudi Arabia after the co-pilot attacked the captain and sent the plane into a 14,000-foot dive. A passenger intervened, and two passengers who were pilots helped land the aircraft. Whether the attack was intended to crash the plane or strike a target in Israel remains un...

Military leadership cuts, Canada trade tensions, Auburn athletic trade secrets allegations, and proposed student loan restrictions lead September 29's four things to know.

1. Hegseth orders further military cuts
   The defense secretary seeks 20% fewer generals and admirals at the top of the officer corps. Republicans who spoke with Erick Erickson question his political fut...

1. UK Terror Suspects Released on Bail

Five British terror suspects have been released on bail while the United States and United Kingdom investigate whether Iran was behind an alleged plot near a military installation housing a US bomber facility. British authorities say no conclusions can yet be drawn.

2. Saudi Oil Pipeline Reopens Ahe...

1. 10-year yield reaches a 19-year high. Persistent inflation concerns and expectations of a possible Fed rate increase are putting borrowing costs in focus. Higher yields point to more expensive mortgages, car loans, and credit card debt, while potentially increasing returns on CDs and savings accounts.

2. China farm purchases fall short. Unfulfilled Chinese agricultural purchases and declining exports are straining U.S. farmers, ...

1. Trump warns Iran at the United Nations.-  President Donald Trump raises the prospect of further military action against Iran while discussing the possibility of a negotiated agreement. His speech also addresses U.S. influence in the Western Hemisphere.

2. A diesel export ban draws debate. - Calls to restrict fuel exports put diesel costs and global energy supplies in focus. Interior Secretary Doug Burgum has said export res...

1. Oil prices fall as markets watch Iran diplomacy.- Stocks rise as oil retreats on hopes for progress in Middle East negotiations. Diesel costs and the debate over energy exports are also among the episode's topics.
2. AI infrastructure spending raises questions about returns. - The data center build-out prompts discussion of profitability, financing, and comparisons with the dot-com era. The episode considers whether infrastructur...

1. F-35 parts reportedly diverted to Hong Kong

A shipment returning from Australia to the United States reportedly ended up in Hong Kong, prompting congressional scrutiny and concerns about sensitive stealth technology. Chinese possession of the technology has not been established. 

2. Questions surround military death reporting during the Iran war

The Washington Post reports a gap between internal and public fatality counts. ...

1. Susie Wiles Announces She Is Cancer-Free — White House Chief of Staff Susie Wiles shared that she is cancer-free following treatment at the Mayo Clinic. She says she remains on the job advancing the president's America First agenda.
2. The Fed Raises Interest Rates in a Unanimous Vote — The Federal Reserve raised interest rates a quarter point in a unanimous decision, with Chairman Kevin Warsh joining the vote. The Fe...

Russian terrorism and assassination plot allegations lead the afternoon headlines, followed by an arrest over threats against Ben Shapiro, an alleged ISIS-inspired attack plan in Pennsylvania, and the GOP convention's television ratings.

1. Russian plot allegations: The DOJ announces an unsealed indictment alleging multiple Russian citizens worked with Russian intelligence o...

1. Trump and the AI regulation fight.

Trump's opposition to AI guardrails puts regulatory capture and competition with China at the center of the debate. The case against tighter controls rests on concerns that major companies could shape rules to protect their own interests.

2. Treasury yields and federal spending.

The 10-year Treasury's move to 5%, as cited in the episode, raises questions about borrowing costs and fiscal di...

1. Saudi Oil Pipeline Attack Raises Red Sea Concerns

   A reported projectile attack has shut down a Saudi oil pipeline, with Houthi involvement suspected but not confirmed. The disruption adds to concerns about Red Sea shipping, Iranian escalation and pressure on U.S. missile supplies.

2. Inflation and a Possible Federal Reserve Rate Hike

   Inflation continues to pressure household budgets as wages struggle to...

1. The Bond Market Warns Washington

   Treasury yields are rising as investors question whether America's fiscal future is secure. Higher yields could lead to higher mortgage rates, credit card rates, auto loans, and borrowing costs for the federal government.

2. Inflation and a Possible Federal Reserve Rate Hike

   Diesel and energy prices are putting additional pressure on the economy. With employment still strong and infla...

The GOP convention puts Trump at the center of the midterm fight as Treasury yields add pressure to the housing market.
A deadly Miami cargo-plane crash raises questions about landing procedures, while Iran threatens a wider war.

The September 9 edition of 4 Things covers the Republican convention in Dallas and the debate over whether a Trump-centered message can bring disaffected Republicans back to the polls. Rising 10-year T...

1. Michigan Replay Dispute
The Mid-American Conference says replay officials used the wrong clock to restore one second against Western Michigan. According to the statement read in the episode, the MAC is seeking recognition of Western Michigan as the winner for ranking and selection purposes.

2. Nike's Business Challenges
Nike is set to leave the S&P 100 following a steep decline in market value. Its turnaround faces q...

1. August Hiring Beats Expectations
U.S. employers added 162,000 jobs in August, including 127,000 private-sector jobs, while unemployment held at 4.1 percent. The stronger labor market and 3.1 percent annual wage growth put renewed attention on inflation and the Federal Reserve's next interest-rate decision.

2. Lindsay Clancy Trial Ends in a Mistrial
A Massachusetts judge declared a mistrial after jurors failed to reach a ...

1. Lindsay Clancy Jury Faces Possible Deadlock
   Jurors were questioned individually after reports that one member was not cooperating in deliberations. The defense asked to replace the juror with an alternate, while prosecutors urged the judge to keep the current jury deliberating as the possibility of a hung jury or mistrial grows.

2. Federal Reserve Rate Hold Encourages Markets
   Markets responded p...

1. Bond Sell-Off Raises New Economic Warning Signs
   Rising Treasury yields could push mortgage rates above 7 percent while increasing car loan costs and federal debt payments. Continued government borrowing also threatens to pull investment away from the private sector and weaken economic growth.

2. Oil Nears $100 as Middle East Instability Continues
   Higher oil and diesel...

1. New U.S. Strikes Escalate the Conflict With Iran
   The United States launches additional strikes as Iran threatens shipping in the Strait of Hormuz. Military leaders are also reportedly urging a decisive strategy rather than a prolonged conflict.

2. Rising Bond Yields Signal Global Economic Trouble
   Heavy government borrowing is driving bond yields higher and pulling inv...