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Earnings Outlook: Google earnings preview: Ad spending is accelerating despite a battle with the federal government

Ad spending on Google search "accelerated" about 13% year-over-year in the third quarter because of better pricing and the strength of YouTube, Cowen analyst John Blackledge said in a Oct. 12 note that maintains an outperform rating and bumped Google's price target to $160 from $150.

Financial Crime: Winklevoss’ Gemini crypto firm lied about investing in junk, losing customers $1 billion, NY AG says

Gemini’s board was warned that loan partner Genesis was a Lehman Brothers waiting to happen, but told customers their money was safe, AG says.

: Microsoft’s acquisition of Activision makes Big Tech even bigger — and harder to rein in

Microsoft made concessions to appease regulators, but acquisition shows that so-called vertical deals can still be approved.

: It’s National Get Smart About Credit Day. Here are 7 facts you might not know about credit.

One in five members of Gen Z say they "only understand credit scores a little or not at all," according to a survey by FICO.

Economic Report: Mortgage rates near 8%, rising for the sixth week in a row

The 30-year mortgage rate is averaging 7.63%, Freddie Mac said in its latest weekly survey on Thursday.

The Fed: Powell says more strong data like September reports could warrant further interest-rate hikes

Fed Chairman Jerome Powell said Thursday that additional signs of a resilient economy may warrant further tightening of monetary policy.

The Ratings Game: Blackstone’s earnings miss draws a downgrade at CFRA

Kenneth Leon of CFRA cuts Blackstone to neutral after the alternative-asset manager missed earnings target as higher interest rates challenge its business.

Market Extra: Why stock-market investors are fixated on 5% as 10-year Treasury yield nears key threshold

The benchmark 10-year rate, used on everything from mortgages to student and auto loans, looks poised to burst through 5% soon.

: CSX clinches agreement on paid sick leave with Brotherhood of Railroad Signalmen

CSX’s agreement with the Brotherhood of Railroad Signalmen about paid sick leave covers nearly 400 employees.

: Jordan won’t seek third vote today for House speaker and will back McHenry: reports

Jim Jordan will steer clear of pushing for a third ballot on his House speaker bid and instead will back a plan involving Patrick McHenry, multiple reports say.

The Tell: Black Monday still worst day in Dow’s history. But here are some that came close.

36 years have passed since the Dow Jones Industrial Average experienced an unprecedented meltdown that ricocheted around the world.

: LSE says trading incident halting many stocks

A trading incident at the London Stock Exchange has left all but the most liquid issues halted.
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