Business & Markets — September 8, 2026

Novartis trial failures weigh on Dow. Novartis shares fell 9% after a string of late-stage drug trial failures, including a closely watched cardiovascular therapy. The stumble dragged on Dow futures and raised the stakes for rivals Amgen and Eli Lilly.

MarketWatch · Read more →

Yen rise disrupts carry trade. The Japanese yen rose sharply as the Bank of Japan weighs further rate hikes, upending one of global markets' most popular trades.

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Hackers drain $320 million from Liquid Network. Self-described white-hat hackers took 4,000 bitcoin, worth roughly $320 million, from Liquid Network, promising to return most of it once a vulnerability is fixed.

The Register frames the incident as another setback for confidence in cryptocurrency security, which has faced repeated high-profile breaches. Notably, the attackers' pledge covers only most of the stolen funds rather than all of them, and any return is conditioned on the platform addressing the flaw they say they exploited, leaving full recovery of the bitcoin uncertain.

The Register · Read more →