- Reuters
- Olympics
- The Economic Times
- Hindustan Times
Here’s your breaking and latest news in the U.S. as of Monday, September 1, 2025:
Key Headlines
- Global Spotlight at the SCO Summit
In a high-profile meeting today, President Xi Jinping of China hosted President Vladimir Putin and Prime Minister Narendra Modi—among other global leaders—under the growing influence of the U.S. political landscape. The summit highlights shifting alliances and emerging global dynamics. (Reuters) - US Open Tennis Action: Order of Play Released
The full schedule for Day 9 of the US Open 2025 has been published. Tennis enthusiasts can now track all the matches set for today in this Grand Slam fixture. (Olympics) - Labor Day Observances Impact Services Nationwide
Today is Labor Day in the U.S., prompting widespread closures. Banks, stock exchanges (NYSE and NASDAQ), government offices, and the U.S. Postal Service are all closed. Most retail outlets remain open, though with variable hours and deals in place. (The Economic Times, The Times of India) - Social Security Payments Adjusted for Holiday
Since September 1 falls on a holiday, SSI (Supplemental Security Income) beneficiaries received their payments early—on August 29. Other Social Security payouts will follow the regular, staggered schedule later in the month. (Hindustan Times)
Quick Snapshot
| Topic | Detail |
|---|---|
| Global Diplomacy | Xi, Putin, and Modi convene at SCO amid U.S. global maneuvering. |
| Sports | US Open Day 9 order of play released—tennis fans have today’s roadmap. |
| Holiday Observance | Major institutions shut down for Labor Day; retail stores mostly open. |
| Social Security | SSI beneficiaries got early payment due to holiday schedule. |
Here’s a roundup of the breaking and latest news in the U.S. as of today, Monday, September 1, 2025:
Key Headlines
1. Dollar Drops Ahead of Major Jobs Report
The U.S. dollar plummeted to a five-week low as investors prepare for crucial labor market data this week. A strong print could disrupt expectations of Federal Reserve rate cuts. Other pressures include Friday’s inflation figures and a court ruling declaring most of Trump’s tariffs illegal(Reuters).
2. September Market Risks Begin to Loom
Markets are losing their summer calm. Concerns over the Federal Reserve’s independence—exacerbated by President Trump’s firing of Fed Governor Lisa Cook—are compounding geopolitical instability in France. Investors may face turbulence as liquidity returns(Reuters).
3. Precious Metals Rally on Fed Rate-Cut Speculation
Gold surged to its highest since April, climbing about 1.2%, while silver hit a 14-year peak — both driven by increasing expectations that the Fed will cut rates soon. A dovish tone from the San Francisco Fed’s Mary Daly helped stoke market optimism(Reuters).
4. Geopolitics: SCO Summit Sparks World Stage Drama
At the ongoing Shanghai Cooperation Organization (SCO) Summit, Chinese President Xi Jinping hosted a marquee meeting with Russian President Vladimir Putin and Indian Prime Minister Narendra Modi. Putin emphasized that addressing NATO enlargement is essential for lasting peace in Ukraine(Reuters).
5. Oil Markets Steady Amid Mixed Global Pressures
Oil prices are holding within a narrow range as concerns over rising supply and faltering demand counterbalance geopolitical tensions. Notably, U.S. tariffs and aggressive airstrikes affecting Russian exports are keeping markets cautious. An upcoming OPEC+ meeting on September 7 could shift dynamics further(Reuters).
Summary Table
| Category | Headline Summary |
|---|---|
| Markets & Economy | Dollar falls; investors focus on labor data; markets brace for volatile September. |
| Metals | Gold and silver surge on rate-cut expectations. |
| Geopolitics | SCO Summit sees Putin press NATO issue for Ukraine peace. |
| Energy | Oil remains steady amid competing supply signals and impending OPEC+ meeting. |
Would you like to drill down into any of these stories—the upcoming U.S. jobs data, trends in precious metals, highlights from the SCO Summit, or the outlook for oil markets? Just say the word, and I’ll fetch more details.
