Articles

: Supreme Court case on CFPB funding could have wider ramifications for mortgage borrowers

The Consumer Financial Protection Bureau faces a high-stakes legal fight.

The New York Post: Trump-era chief of staff and retired Marine Corps general John Kelly goes on-the-record to confirm ‘suckers’ and ‘losers’ remarks

Appearing alongside wounded veterans "doesn’t look good for me," Kelly quotes Donald Trump, the former president, as having said.

: 2024 elections are threatened by AI abuse, experts say. Literacy is key.

"What once took a team of 20 to 40 people working out of [Russia or Iran] to produce 100,000 pieces can now be done by one person using open-source gen AI."

Market Extra: U.S. dollar hits strongest level in nearly a year, heaping more pressure on stocks

The U.S. dollar rally just won't stop, and it's creating even more problems for stocks.

: Another Goldman Sachs Asset Management exec to depart after 28 years at bank

Chris Kojima is departing Goldman Sachs Asset Management in another senior change at the firm as it continues evolving after the 2019 formation of the unit.

Market Extra: Dow industrials erase 2023 gain as stocks extend selloff

The Dow Jones Industrial Average turns negative for the year to date on Tuesday.

: UAW strike: More Ford, GM workers furloughed

About 500 Ford Motor Co. and General Motors Co. autoworkers have been laid off as a knock-off effect of the United Auto Workers strike, which entered its third week.

Currencies: Japanese yen sees wild swing amid intervention fears after falling to nearly 1-year low versus dollar

The yen surges versus the U.S. dollar in volatile trade amid fears of Japanese intervention.

Economic Report: Job openings jump to 9.6 million. The labor market is cooling off, but slowly.

Job openings snapped back in August and rose to 9.6 million, reflecting a robust appetite for labor in light of a steadily growing U.S. economy.

: House to vote today on Matt Gaetz’s motion to oust Kevin McCarthy as speaker

House Speaker Kevin McCarthy on Tuesday morning says his chamber would vote later in the day on a measure that aims to remove him from his post.

Market Extra: ‘Just like in 1987.’ Here’s what could deliver a ‘devastating blow’ to stocks, says SocGen strategist Albert Edwards.

Société Générale's sharp-tongued strategist Albert Edwards is warning of a 1987-style event for stock markets if the bond market does not cool off.

: ‘Taylor Swift: The Eras Tour’ sets pre-sales records for Cinemark

 The “Taylor Swift The Eras Tour” concert film hits theaters Oct. 13.
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