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• Trump Says Person Is in Custody in Connection With Kirk Shooting
  President Trump said on Friday that a person was in custody...

  President Trump said on Friday that a person was in custody in connection with the fatal shooting of the right-wing activist Charlie Kirk, and while he cautioned that his information was preliminary, said it was “the person we’re looking for.”

  
  

  Mr. Trump offered few details in an interview with “Fox and Friends.” But he said that a minister who is a member of law enforcement had communicated with the father of a suspect in the shooting and that the person was turned in to the authorities. A law enforcement official confirmed the details of the president’s remarks, adding that a man had been taken into custody around 11 p.m. Friday by Utah state and local police.

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• The Economy: Inflation is heating up
  The economic picture is starting to look like someone took a Polaroid...
  The economic picture is starting to look like someone took a Polaroid of a Jackson Pollock painting. It’s still developing, but you can already tell it’s going to be a bit jumbled.
  
  Annual inflation hit 2.9% last month, marking the fastest increase since January. Jobless claims are ticking up, too—the latest sign of a softening labor market. That puts the Fed in a tough spot headed into next week’s meeting, where it’ll decide on an interest rate cut.
  

  Prices were a mixed bag

  
  The Bureau of Labor Statistics reported yesterday that the consumer price index (CPI) rose 0.4% from July to August. Airfare jumped 5.9% and car repairs spiked 2.4% month over month, while dairy and bakery products only rose 0.1%.
  
  But no one got hit harder than Ron Swanson. Year over year:
  

  
  
  • Roasted coffee was up 21.7%.
  
  
  • Uncooked beef steaks were up 16.6%.
  
  
  • Eggs were up 10.9%.
  
  
  • Bacon was up 7.2%.
  
  

  
  There was some good news: Hospital services and car insurance rates were flat, and shelter prices are slowing down.
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• ☕️What Else is Brewing Friday Morning
  Markets: The S&P 500 is at the point where every...
  Markets: The S&P 500 is at the point where every time it goes up, it will notch a new record, and it went up yesterday, thus notching another new record. That was despite a marked rise in inflation, which investors have become accustomed to shrugging off. Elsewhere, the meme stock Opendoor skyrocketed after it named Shopify COO Kaz Nejatian as its CEO.
  
  Jair Bolsonaro, the former president of Brazil, was found guilty by the country’s Supreme Court of orchestrating a coup attempt after his 2022 election defeat.
  
  Robinhood, the popular investing app, is launching a social network where users can track the trades of their friends and public figures.
  
  Democratic senators are calling for hearings on JPMorgan’s ties to Jeffrey Epstein.
  
  Uber was sued by the DOJ for allegedly discriminating against disabled riders, which the company denied.
  
  Spinal Tap II hits theaters today, more than 40 years after the cult music mockumentary first turned things up to 11.
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• DAILY OIL PRICE: September 11, 2025
  Crude Oil: 62.37   (-1.30)....
  
  
  • Crude Oil: 62.37   (-1.30).
  
  
  • Nymex MTD AVG: 63.0536.
  
  
  • Natural Gas: 2.934   (-0.095).
  
  
  • Gasoline: 1.9793   (-0.0287).
  
  
  • Spreads: October/November (+0.29)     November/December (+0.23).
  
  
  • Plains WTI Posting: 58.85   (-1.30).
  
  

  
  Source: Odessa American
  
  
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• Dow closes over 46K for first time, joins S&P and Nasdaq in booking new records
  U.S. stocks finished at fresh record highs on Thursday,...

  U.S. stocks finished at fresh record highs on Thursday, as investors took new inflation data in stride while counting on the Federal Reserve to resume cutting interest rates next week.

  
  

  August's CPI data showed inflation continued to rise, but likely not by enough to derail a Fed rate cut — a backdrop that equity investors seemed to like.

  
  

  The Dow Jones Industrial Average gained 617.08 points, or 1.4%, ending at 46,108, a record close.

  
  

  The S&P 500 added 55.43 points, or 0.9%, logging a fresh record close at 6,587.47.

  
  

  The Nasdaq Composite advanced 157.01 points, or 0.7%, scoring its own record close at 22,043.07.

  
  

  The S&P 500 and Nasdaq now have 24 record closes this year, while the Dow has four, according to Dow Jones Market Data.

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