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Adobe Stock Jumps As Creative Software Firm Beats Estimates - Investor's Business Daily
Adobe beat expectations for its fiscal third quarter and guided slightly above views for the current period. Adobe stock rose on the news.
Figure Stock Surges in Trading Debut. The Blockchain Lending Company Is Another Hot IPO. - Barron's
Inflation Ticks Up to 2.9%, but Fed Rate Cut Seems Assured as New Unemployment Claims Surge - Realtor.com
Stocks and bonds are sending very different messages about recession risks - MarketWatch
Will Boeing End Defense Workers Strike With Friday Vote? - Investor's Business Daily
The roughly 3,200 members of Boeing's defense union have been striking since Aug. 4.
MTA's Long Island Rail Road strike plan released as it braces riders for possible work stoppage - CBS News
The Metropolitan Transportation Authority released its plan for commuters if LIRR service is indeed suspended due to a strike.
Galaxy's Novogratz calls it the 'season of SOL', says Solana is tailor made for financial markets - The Block
Galaxy CEO Mike Novogratz called this the “season of SOL,” saying Solana is fast and tailor-made to be the blockchain for financial markets.
Trump administration requests emergency ruling to remove Cook from Fed board - AP News
The Trump administration has asked an appeals court to remove Lisa Cook from the Federal Reserve’s board of governors by Monday, before the central bank’s next vote on interest rates. Trump sought to fire Cook Aug. 25, but a federal judge ruled late Tuesday t…
Stagflation concerns rise with increased inflation and jobless claims - The Washington Post
The consumer price index rose in August at a 2.9 percent annual rate, up from July. Jobless claims rose to the highest level since 2021, as the labor market weakens.
‘He Was Murdered’: Elon Musk Jumps Into Controversy Over OpenAI Whistleblower - Gizmodo
Sam Altman's appearance on Tucker Carlson prompted Musk to weigh in on a whistleblower who died in Nov. 2024.
Subprime Auto Lender Collapse Delivers Blow to Risky Debt Market - Bloomberg.com
The sudden collapse of a Texas subprime car lender is sending shock waves from border-town dealerships all the way to the upper echelons of Wall Street, ensnaring giants including JPMorgan Chase and BlackRock and raising concern that pain in the multibillion-…
Exclusive | Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery - The Wall Street Journal
The majority of the planned bid for Warner will be made up of cash
Firm Inflation, Soft Jobs Data Pull Fed in Opposing Directions - The Wall Street Journal
Microsoft execs make the case for RTO in leaked meeting: In-person staff are 'thriving' - Business Insider
Microsoft explained its new, stricter return-to-office policy by citing internal employee data.
Possible LIRR strike and service shutdown on September 18 - MTA
Here's what you need to know about a possible LIRR strike and how that will impact your travel.
Novo Nordisk tells staff to return to office full-time amid CEO's revival effort - CNBC
Drugmaker Novo Nordisk said it had told staff to return to the office as its new CEO tries to accelerate decision-making and improve its commercial execution.
FTC launches inquiry into AI chatbot companions from Meta, OpenAI, and others - TechCrunch
The federal consumer regulator seeks to learn about how AI companies evaluate the safety of their chatbots.
Most of Elon Musk’s fortune now comes from his private companies - CNBC
Together, Musk's stake in xAI and SpaceX are now worth nearly twice as much as his Tesla shares.
Adobe Results Risk Cementing AI Loser Status as Stock Slides - Bloomberg.com
Investors who have watched shares in Adobe Inc. get left behind in the AI craze have little reason for optimism ahead of the software maker’s latest quarterly results.
Warner Bros. Discovery Shares Spike on Report David Ellison’s Paramount Skydance Readying Acquisition Bid - Variety
Shares of Warner Bros. Discovery spiked as much as 33% Thursday on a report by the Wall Street Journal that Paramount Skydance is prepping a takeover bid of WBD in its entirety.