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• The US 10-year Treasury yield climbed to 5.041%, marking its highest level since July 2007. • Rising crude oil prices have strengthened market expectations that the Federal Reserve will increase interest rates. • Higher yields increase borrowing costs, which can reduce corporate spending and lower consumer demand during periods of inflation.

• Researchers dredging off the coast of Iceland in 2006 collected and froze an ocean quahog clam that had lived for over 500 years. • A count of 507 annual shell rings determined the clam, nicknamed Ming, was born around 1499. • Studying the clam's resistance to oxidative stress and protein maintenance provides scientists with hypotheses about exceptional longevity in non-colonial animals.

• Thousands of people gathered in New York City and across the United States on September 11, 2024, to mark the 25th anniversary of the 2001 terrorist attacks. • Commemorative events were held nationwide to honor the memory of the victims who died during the attacks. • These annual gatherings serve as a public act of remembrance for the families of the deceased and the survivors of the tragedy.

• NASA's Genesis spacecraft crash-landed in the Utah desert on September 8, 2004, after its parachutes failed to deploy. • The mission was the agency's first attempt to return samples to Earth since the Apollo 17 mission in 1972. • A basic design flaw caused the crash, which shattered the collected solar wind particles gathered from the sun.

Sydney-headquartered group suspends work on some of its 45 construction sites impacting 60% of workforceMore than 200 workers at Sydney-headquartered Bathla Group have been stood down as administrators of the embattled property developer seek emergency funds to stave off a company-wide collapse.The insolvency advisory Teneo said on Monday that new short-term funding arrangements would only allow Bathla to continue construction on some of its 45 construction sites, though it did not identify which projects were being prioritised. Continue reading...

• Asian stocks declined on Wednesday, September 2, with the MSCI Asia Pacific index dropping 1% due to soaring oil prices. • Major markets saw significant losses, including South Korea's Kospi tumbling 2.72%, Japan's Nikkei 225 shedding 2.27%, and the Topix losing 1.72%. • The downturn was driven by global bond yields hitting their highest levels since 2008, sparking fears that renewed inflation will force central banks to maintain tighter monetary policies.

• The USS Abraham Lincoln aircraft carrier is scheduled to dock in the Thai resort city of Pattaya after spending 200 days at sea. • Thai authorities have issued warnings regarding prostitution in the area, as the practice remains illegal despite Pattaya's reputation as a tourist hub. • The visit marks a significant logistical stop for the US Navy vessel following its extended deployment across the region.