Business & Markets — September 13, 2026

Ellison cancels Oracle stock sale. Oracle founder Larry Ellison canceled his plan to sell up to $7.5 billion in company stock, one day after a filing disclosed the planned sale.

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Fed decision headlines the week. The Federal Reserve announces its rate decision this week as investors weigh stubborn inflation, rising oil prices, and geopolitical tension.

Yahoo Finance notes that equities have so far shown little reaction to the risks surrounding the meeting, with stocks holding steady even as oil prices climb and war worries persist. The outlet frames the central bank's announcement as the dominant event on this week's calendar for investors trying to reconcile that market calm with ongoing inflation pressure.

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PwC U.S. plans India offshoring overhaul. PwC U.S. plans a 40,000-person joint venture with PwC India, pooling outsourcing and advisory operations as AI pressure reshapes the consulting sector.

Details of the plan emerged through an internal memo reported by Business Insider. According to the outlet, the restructuring would consolidate the firm's offshore outsourcing and advisory operations into a single joint venture with its India member firm, a shift the memo ties to broader changes in the consulting industry as artificial intelligence alters how such work is delivered.

Business Insider · Read more →