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Stories for October 12th 2026

• Monday, October 12th 2026 - 06:50 UTC

  Drebbel's submarine: Radical 1620 invention the Royal Navy dismissed as a novelty

  

  The British Navy did not see the military value in Drebbel's invention, instead dismissing it as more of a spectacle than a weapon. In 1620, Dutch inventor Cornelis Drebbel built the world's first operational, navigable submarine while working under the patronage of King James I in London.

• Monday, October 12th 2026 - 03:11 UTC

  S&P 500 Price Prediction: What Macro Signals Say About the Index in 2026

  

  The S&P 500 set a record of 7,816.70 on August 13, 2026, then pulled back approximately 2% over the following two weeks as the 30-year Treasury yield touched 5.337%, its highest level in nearly two decades.