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Stocks making the biggest moves midday: TSLA, NKE, CCL, NVDA - CNBC
These are the stocks posting the largest moves in midday trading.
Government shutdown live updates: No deal in sight as Oct. 1 deadline nears - The Washington Post
Congress is racing against the clock to avoid a federal government shutdown ahead of an Oct. 1 deadline.
Gas prices heated up inflation last month, but there’s also welcome progress for the Fed - CNN
Higher gas prices heated up overall inflation last month, but the Federal Reserve got some welcome news: Its preferred inflation gauge cooled to its lowest level in two years.
Oil falls as macroeconomic concerns dampen price rally - Reuters
Oil prices fell on Friday in a volatile trading session, as macroeconomic concerns weighed on the recent rally.
Toys R Us is planning a brick-and-mortar comeback in the U.S., with up to 24 new flagship stores - CNBC
Toy retailer Toys R Us plans to open as many as 24 brick-and-mortar flagship stores across the U.S., its parent company WHP Global announced Friday.
Nike Stock Surges. Why the Rally Might Not Last. - Barron's
Nike's earnings boost rivals such as On Holding, Foot Locker and Under Armour. Here's what Wall Street thinks the report means for the sportswear sector.
UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks - CNBC
About 6,900 autoworkers will take part in the latest wave of work stoppages, joining roughly 18,300 workers who are currently on strike for the union.
Three Arrows Capital co-founder Zhu arrested in Singapore airport, sentenced four months in prison - TechCrunch
The liquidators behind Three Arrows Capital (3AC), the now-defunct crypto hedge fund, shared that the firm’s co-founder Su Zhu was arrested in Singapore Three Arrows Capital co-founder Su Zhu arrested in Singapore airport and sentenced to four months in priso…
California gas prices creep up again, but help may be on the way - KTLA Los Angeles
Gas prices in the Los Angeles area rose again overnight, but not nearly as much as they have in recent days, and state officials are taking action to provide some relief. The average price of a regular gallon of gas rose 3 cents Friday morning after a 13-cent…
National Coffee Day 2023: Free Coffee Today From Dunkin', Krispy Kreme, Peet's and More - CNET
Today, Friday, coffeehouses across the US are offering free cups of joe, discounts on subscriptions and more.
Fisker Raises Some Interesting Money. The Stock Trades Higher. - Barron's
Fisker is offering $170 million in convertible notes at a discount that will bring about $150 million into company coffers.
Citigroup (C) Stock Slump Prompts CEO Jane Fraser to Plot Downsizing - Bloomberg
Inside Citigroup Inc., managers are scrambling to carry out the Wall Street giant’s biggest restructuring in two decades.
Uber, DoorDash, and Grubhub lose bid to block NYC's new wage rules for delivery workers - The Verge
A judge rejected Uber, DoorDash, and Grubhub’s effort to block a new New York City rule mandating higher minimum wage for delivery workers.
US futures rise as Fed-favored inflation data comes in cool: Stock market news today - Yahoo Finance
Evergrande's New Woes Signal Long Slog for China's Economy - The Wall Street Journal
A prolonged downturn in the country’s massive property market will likely weigh on growth for months, if not years
Apple expressed concerns to Chinese officials over foreign app restrictions, report says - CNBC
Apple is concerned about new rules in China that would ban unregistered foreign apps from its App Store.
Ad spending for obesity, diabetes drugs is soaring this year, as drugmakers shell out nearly $500 million - CNBC
The data demonstrates the rush by companies to capture new customers after months of hype around Novo Nordisk's Ozempic and Wegovy.
Jim Cramer's top 10 things to watch in the stock market Friday - CNBC
U.S. stock future edge up Friday morning, even as equities are on track to end down for both September and the third quarter.
Southwest Iowa classic car collection heads to auction - KCCI Des Moines
A southwest Iowa car collector says it's time to clean out the garage — a garage with 150 classic cars.
Inflation's latest victim: Girl Scout cookies - New York Post
Girl Scout cookies’ beloved core flavors — like Thin Mints, Samoas and Tagalongs — will increase by $1 in some areas across the country for the 2023 cookie season.
5 things to know before the stock market opens Friday - CNBC
Here are the most important news items that investors need to start their trading day.
French prosecutor probes billionaire Bernard Arnault over dealings with Russian businessman - CNN
French billionaire and LVMH owner Bernand Arnault is being investigated over his financial dealings with a Russian businessman, the Paris prosecutor’s office told CNN Friday.
Blue Apron Announces Agreement to be Acquired by Wonder Group for $13.00 per Share - Blue Apron
Transaction Expected to Create a Leading Platform for Mealtime Focused on Quality and Flavor Across Meal Kits and Fully-Prepared Meal Experiences NEW YORK--(BUSINESS WIRE)--Blue Apron (Nasdaq: APRN) (the “Company”), the pioneer of the meal kit industry in the…
The world needs cheap electric cars. That spells trouble for big carmakers - CNN
In 1913, Henry Ford’s moving assembly line changed the world. Ford’s groundbreaking innovation drastically reduced the time taken to assemble a car, enabling mass production of the Model T and slashing vehicle prices.
Amazon antitrust case: 9 questions about the FTC’s lawsuit - Vox.com
Why the FTC is going after your Prime subscription (and a few other things).
Carnival earnings top forecasts, with record revenues, but issues muted profit outlook - TheStreet
Carnival Corp shares moved lower in early Friday trading after the cruise line operator posted stronger-than-expected third quarter earnings, a record high revenues, but issued a muted near-term profit outlook.
5 things you need to know about what could be the largest health care strike in US history - CNN
Thousands of unionized healthcare workers are set to walk off the job if contract negotiations with their employer, Kaiser Permanente, fall through this weekend.
BlackRock CEO Larry Fink Sees US 10-Year Yields Heading Above 5% - Bloomberg
BlackRock Inc.’s CEO Larry Fink expects 10-year Treasury yields to top 5% as shifts in geopolitics and supply chains make inflation more persistent.
Tesla's deliveries expected to fall on plant shutdowns, soft demand - Yahoo Finance
Tesla may miss estimates for third-quarter deliveries due to planned factory shutdowns and soft demand that led the automaker to boost discounts, several...
Elon Musk lashes out at journalist over tense interview with former X exec - Business Insider
Elon Musk objected to Kara Swisher's interview with Yoel Roth, former head of trust and safety at X, when it was known as Twitter.
Alibaba, NIO, XPeng Stocks Climb. Chinese Businesses Get a Regulatory Boost. - Barron's
China's cyberspace regulator's proposal is seen as a move to boost business activity and is particularly good news for the country’s multinational companies.
The 10 Best Instagram Recipes From September 2023 - HuffPost
Tiramisu trifle, brioche French toast, chopped salad and a puff pastry pizza with a twist.
Ether Bears Lose $11M as ETF Hopes Lift ETH Prices - CoinDesk
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said.
Former Target exec says internet, social media driving 'acceleration' in organized retail theft - Fox Business
Former Target Vice Chairman Gerald Storch addressed the 'acceleration in crime' nationwide as the company announced it would close several locations over violence.
How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in - Cointelegraph
FTX founder Sam Bankman-Fried will stand trial in early October to defend himself against seven fraud charges. Here’s how lawyers think the trial will play out.
US sues Tesla over alleged ‘pervasive racial’ abuse against Black workers - Al Jazeera English
The lawsuit seeks unspecified damages, compensation and an order that Tesla curb racism at its plant in California.
12 Best Early Amazon October Prime Day Deals - Travel + Leisure
The Amazon October Prime Day sale has kicked off early with hundreds of markdowns on the best travel accessories, gear, clothes, and more. Keep reading for the 12 top items that you can score before the Prime Big Deal Days event, handpicked by a travel writer.
Yen intervention a hard sell even as 150 to the dollar 'red line' beckons - Reuters
The yen's slide to the cusp of 150 per dollar has put investors on high alert for the risk of intervention. But, Japanese authorities could find propping up their currency both difficult to achieve and hard to justify.
Is it Time to Buy Pfizer, Moderna, or AstraZeneca's Stock? - Yahoo Finance
Despite slowing COVID-19 vaccine sales these healthcare titans are trading at more reasonable valuations with a lot of the risk-to-reward being priced into...
Look for companies that have strong free cash flows, says Evans May's Elizabeth Evans - CNBC Television
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday...
Thousands of cantaloupes sold in 19 states recalled due to potential salmonella contamination - CBS News
Eagle Produce, based in Scottsdale, Arizona, is doing a voluntary recall of 6,456 cases of whole cantaloupe after the fruits were tested in a distribution center by the FDA.
Delta CEO admits airline went too far in reducing benefits for frequent flyers - CBS Evening News
Delta CEO Ed Bastian has admitted that the airline went too far in dramatically reducing or eliminating access for American Express credit cardholders to its...
Chewy Founder Ryan Cohen Is Now Officially GameStop's CEO - IGN
After firing former CEO Matthew Furlong and naming Chewy founder Ryan Cohen executive chairman back in June, GameStop has officially named Cohen their new president and CEO.
Netflix shutters its DVD rental business, marking the end of the red envelope era - CNN
Netflix will send out its last red envelope on Friday, marking an end to 25 years of mailing DVDs to members.
DHS investigating whether floor plans and other security information were exposed in ransomware attack on contractor - CNN
Senior Department of Homeland Security officials are working to determine if a ransomware attack on government contractor Johnson Controls International has compromised sensitive physical security information such as DHS floor plans, according to internal DHS…
Looks like NVIDIA got raided by French antitrust authorities - Engadget
French antitrust authorities conducted a surprise raid on a graphics card company this week — and reports say that company was NVIDIA.
Brutal U.S. bond-market selloff puts popular ETF on cusp of lowest close since 2008 - MarketWatch
‘Now, time is on your side. I can wait,’ says Brandywine portfolio manager about owning beaten up bonds