House Speaker Kevin McCarthy doesn’t give any signs Friday that he would make a deal with the Democratic-run Senate to avoid a partial government shutdown.
: World’s second-richest man, LVMH’s Bernard Arnault, investigated over dealings with Russian oligarch, reports say
The Paris public prosecutors office reportedly confirmed Friday that it was it was looking into financial transactions between LVMH CEO Bernard Arnault and Russian businessman Nikolai Sarkisov.
: Dianne Feinstein dies: Here’s how her Senate replacement will be chosen
Sen. Dianne Feinstein passed away at the age of 90, opening the door for California Gov. Gavin Newsom to appoint her replacement
Economic Report: U.S. trade deficit in goods shrinks 7.3% — and might give small lift to GDP
The nation’s trade deficit in goods dropped 7.3% in August to $84.3 billion, reflecting in part a decline in consumer imports such as the new iPhone.
: BTC Digital’s stock rockets after ticker change ‘better reflects’ its business
It took a ticker symbol change to generate investor interest in BTC Digital Ltd.’s stock, which more than tripled on heavy volume ahead of Friday’s open.
The Moneyist: My husband, 76, took out a $25,000 life-insurance plan, costing $215 a month. Should we put that in a 5% savings account instead?
‘We don’t have savings or investments, except for my $10,000 money-market fund and his $10,000 money-market fund.’
The Ratings Game: Nike’s earnings draw analyst praise as stock rallies
Raymond James, Wedbush and Oppenheimer analysts praise Nike after the apparel company’s quarterly earnings beat Wall Street expectations.
Economic Report: Consumer spending rises again, but it’s not all great. Higher gas prices play role.
Consumer spending rose a solid 0.4% in August, but the increase was exaggerated by higher gas prices that are pinching the budgets of U.S. households.
Economic Report: Inflation speeds up due to higher gas prices, PCE finds. But there’s good news, too.
The cost of goods and services rose a sharp 0.4% in August mostly because of higher gas prices. But inflation more broadly continued to slow.
: Fisker’s stock falls after plans for offering additional convertible debt
Fisker’s stock fell Friday after the electric-vehicle maker announced intentions to offer additional convertible debt to an existing institutional investor.
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