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Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Federal Reserve Board announces termination of enforcement actions with United Texas Bank, Quontic Bank Acquisition Corp., and Quontic Bank Holdings Corp.

Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle

Agencies seek comment on proposed third-party risk management guidance and issue statement on community bank engagement with core service providers

Federal Reserve Board and Federal Open Market Committee release economic projections from the September 15-16 FOMC meeting

Lawmakers from both parties say the agreement would finance Putin’s war machine in Ukraine and violate US law

Automatic enrolment worked for pensions — a similar scheme could pool the risk of heavy costs from illness and infirmity in later life

Research for the FT shows major economies are withstanding the Iran shock but concerns about rising public debt will loom over IMF and World Bank meetings

Increasing US corporate tax raises government revenues without harming the tax base