Finance news on September 12, 2026

1. 0120:19 UTC

   OpenAI CEO Sam Altman says OpenAI will not go public in 2026

   6 outlets · first: techcrunch.com IPOs

   Machine summary OpenAI CEO Sam Altman said in an interview with Fortune that the company will not go public in 2026, calling it an "ill-advised" moment given safety developments. Altman said OpenAI is not rushing into an IPO and will do it "when we're ready."

   Reported by techcrunch.com, The Verge, Seeking Alpha, The Guardian, canberratimes.com.au and naroomanewsonline.com.au.

   • OpenAI
   • Sam Altman
   • Fortune

   Full coverage: every report, when each was published, and who was named (6 outlets)

2. 0206:00 UTC

   Coverage recordplymouthherald.co.uk: “Triple lock row as analysis shows exactly how much more State Pensioners are paid”

   3 outlets · first: plymouthherald.co.uk Economy

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by plymouthherald.co.uk, Wales Online and chroniclelive.co.uk.

   • Triple Lock

3. 0305:30 UTC

   ECB rate hike; French fixed rates at 3.54%

   2 outlets · first: finance.yahoo.com Banking

   Machine summary Quoted fixed mortgage rates in Europe range from 2.2% in Spain to 4.46% in Germany.

   1. For fixed mortgage quotes, rates run from roughly 2.2% in Spain to a German average of 4.46%, but their terms are not directly comparable.
   2. Brokers said that mortgage offers had mostly already accounted for the ECB’s most recent increase before it was made public.
   3. French average 20-year fixed mortgage rates rose 10 basis points in early September, from 3.44% in August to around 3.54%, per mortgage broker Pretto.
   4. 99.6% of new French housing loans are fixed-rate products, according to the latest Banque de France data.
   5. For a new €200,000 mortgage with a 20-year term, an increase from 3.54% to 3.9% would raise the monthly repayment by roughly €37.

   Reported by finance.yahoo.com and aol.co.uk.

   • Pretto
   • Banque de France

4. 0408:15 UTC

   BRICS finance track: 0 common currency moves, local payments in focus

   2 outlets · first: The Hindu Economy

   Machine summary BRICS finance ministers and central bank governors avoided endorsing a common currency or dollar replacement, prioritising interoperable payments and local-currency settlement instead. The formal statement contrasted with statements from Iran and Russia.

   1. The BRICS Payment Task Force was encouraged to pursue cross-border payment solutions that are fast, low-cost, more accessible, efficient, transparent, and safe.
   2. Iranian President Masoud Pezeshkian called for expanded use of national currencies at the BRICS Business Forum in New Delhi on September 11, 2026.
   3. Russian President Vladimir Putin addressed the New Delhi forum.
   4. The bloc's formal position was consistent with language used since Rio and Kazan.

   Reported by The Hindu and The Hindu - Business Line.

   • Vladimir Putin
   • BRICS
   • Masoud Pezeshkian
   • BRICS Payment Task Force (BPTF)
   • common currency

5. 0506:15 UTC

   Vama Wovenfab ₹49.54 Cr SME IPO Opens Sept 15 at ₹324-341 Band

   2 outlets · first: freepressjournal.in IPOs

   Machine summary Vama Wovenfab reported FY26 revenue growth of 175.99% and EPS of ₹30.90.

   1. IPO comprises up to 14,52,800 fresh equity shares (₹10 face value) in a ₹324-341 price band, worth ₹47.07 crore at the floor and ₹49.54 crore at the cap.
   2. Company-reported revenue growth of 179.01% in FY25 and 175.99% in FY26; FY26 EBITDA up 68.97% and profit after tax up 68.86%.

   Reported by freepressjournal.in, bignewsnetwork.com (Big News Network), indiagazette.com (Big News Network) and pakistantelegraph.com (Big News Network).

   • Vama Wovenfab Limited

6. 0619:45 UTC

   30-Year Mortgage Rate Climbs to 6.76% as 10-Year Yield Hits 4.92%

   2 outlets · first: jcpost.com Economy

   Machine summary The 30-year fixed mortgage rate climbed to 6.76% as the 10-year Treasury yield reached 4.92%, its highest since late 2023. The average rate on a 30-year home loan hit the highest level in months.

   1. 30-year fixed mortgage rate rose to 6.76% from 6.71% last week, the third consecutive weekly increase and highest since June 26, 2025 (6.77%).
   2. 15-year fixed mortgage rate rose to 6.09% from 6.04%; a year ago it was 5.5%.
   3. One year ago, the average rate on a 30-year home loan was 6.35%.
   4. 10-year Treasury yield hit 4.92% midday Thursday, up from 4.77% a week earlier and 3.97% in late February before the US war with Iran.
   5. Mortgage rates generally track the 10-year Treasury yield.

   Reported by jcpost.com and greatbendpost.com.

   • 10-year Treasury yield

7. 0717:00 UTC

   Xi tells Brics summit bloc is most influential platform for emerging markets

   2 outlets · first: news.webindia123.com Markets

   Machine summary At the 18th BRICS Summit in New Delhi, Xi Jinping said the group had become the most influential platform for emerging markets and developing countries, news.webindia123.com reported. He called for cooperation on artificial intelligence, supply chains and governance, and for de-escalation and a lasting ceasefire in West Asia.

   Reported by news.webindia123.com and israelherald.com (Big News Network).

   • Xi Jinping
   • BRICS
   • 18th BRICS Summit

8. 0808:30 UTC

   DWP to examine pension reform recommendations, minister says gaps

   2 outlets · first: grimsbytelegraph.co.uk Regulation

   Machine summary The reports say a minister, Torsten Bell, Parliamentary Secretary at HM Treasury, said there are significant gaps.

   1. Pension contributions for women is one matter it will be scrutinising closely, according to the reports.
   2. The reports said Torsten Bell, Parliamentary Secretary (HM Treasury), said there are significant gaps.

   Reported by grimsbytelegraph.co.uk and plymouthherald.co.uk.

   • HM Treasury
   • DWP

9. 0912:45 UTC

   Nano-X Revenue Up 37% to $4.2M, But Cash Halved and $40.7M Impairment Hits

   2 outlets · first: finance.yahoo.com Earnings

   Machine summary Nano-X grew Q2 revenue 37% to $4.2 million but took a $40.7 million impairment and saw cash shrink by nearly half in six months. Nano-X Imaging management is cutting costs and using distributors.

   1. Teleradiology revenue grew 14% year over year to $3 million, helped by an expanded client list and a renewed multinational aerospace contract.
   2. Revenue from AI and software grew by $1 million, with five new installations plus pilot initiatives introduced across the US and India.
   3. Nano-X booked a $40.7 million impairment charge driven by a falling share price and lower revenue forecasts.
   4. The first Nanox Imaging Network site in Philadelphia collects insurance payments of $200 to $700 per claim.

   Reported by finance.yahoo.com and Insider Monkey.

   • Nanox Imaging Network
   • Nano-X Imaging

10. 1011:30 UTC

    Cramer Defends Tesla & SpaceX as TSLA EPS Drops 17.5%

    2 outlets · first: finance.yahoo.com Markets

    Machine summary Jim Cramer says he can't blame Tesla or SpaceX holders who see Elon Musk as 'the greatest businessman of our time,' even as Tesla posted a 17.5% EPS decline, negative $1B free cash flow, and a 1.4% operating margin in Q2. The debate turns on whether Tesla's AI and robotics pivot justifies its premium amid deteriorating core auto economics.

    1. Tesla's Q2 free cash flow was negative $1 billion.
    2. Tesla's operating margin fell 270 basis points to 1.4%, and operating income dropped 57% to $398 million.
    3. Tesla's revenue from regulatory credits was almost entirely wiped out.
    4. Cramer agreed with Musk's framing that Tesla should be viewed as a robotics and AI company rather than a car company.

    Reported by finance.yahoo.com and Insider Monkey.

    • SpaceX
    • Elon Musk
    • Tesla

11. 1120:15 UTC

    Report flags concentration risk in Vanguard S&P 500 ETF

    2 outlets · first: fool.com Markets

    Machine summary A report says the Vanguard S&P 500 ETF (VOO) has become heavily concentrated, with its top 10 holdings making up 38% of the fund's total value and its top three holdings 20%. The report describes an equal-weight alternative for S&P 500 exposure without the concentration.

    1. The report says the top 10 holdings of the Vanguard S&P 500 ETF make up 38% of the fund's total value.
    2. The report says the top three holdings make up 20% of the fund's total value.
    3. The report says the fund is market cap-weighted, with larger companies holding more sway than smaller ones.
    4. The report says high-tech stocks often fall harder than their counterparts in a stock market crash or correction.
    5. The report describes an equal-weight alternative for investing in the S&P 500 without the concentration.

    Reported by fool.com and aol.com.

    • Vanguard
    • Vanguard S&P 500 ETF

12. 1220:15 UTC

    Zscaler down 55% from 2021 peak

    2 outlets · first: fool.com Markets

    Machine summary Zscaler trades 55% below its 2021 peak and has record financials.

    1. The company pioneered zero-trust architecture and operates the Zero Trust Exchange to hide applications and data from unauthorized users.
    2. Most analysts tracked by The Wall Street Journal rate Zscaler.

    Reported by fool.com and aol.com.

    • Wall Street Journal
    • Zscaler
    • Zero Trust Exchange

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.