NY Times Business
The federal housing agency says the bank’s efforts to encourage Black homeownership amount to discrimination.
Bloomberg Markets
Yemen’s internationally-recognized government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis, according to Saba, a Yemeni news agency. Overnight, the Houthis said the Saudi Arabian military had launched around 60 airstrikes on parts of Yemen, including the capital, Sanaa
Financial Times
President says Chris LaCivita and James Blair guiding pro-Russian party less than a month before midterms could be a ‘conflict’
Washington Post Business
Federal Reserve officials are increasingly pointing to the artificial intelligence buildout, rather than tariffs, to explain why the prices of goods keep rising.
Bloomberg Markets
Prediction markets tout themselves as “truth machines,” but trading data shows a lot of casino-like bets.
Financial Times
Nigerian student Victor Ayebameru takes first place in competition that identifies future hedge fund stars
MarketWatch
Technology is the only one of the S&P 500’s 11 sectors that gained since Sept. 1, as Treasury yields have climbed to multi-decade highs.
CNBC Finance
Lululemon announced Wednesday that Athleta CEO Maggie Gauger has joined the company as its chief product officer, a newly created role.
MarketWatch
Recent options activity points to bullish positioning for long-term bonds and utilities.
CNBC Finance
Levi Strauss on Wednesday posted earnings that beat expectations, though it saw benefits from tariff refunds.
Bloomberg Markets
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Scarlet Fu, Jess Menton, Carol Massar and Lisa Mateo. (Source: Bloomberg)
Bloomberg Markets
The two brothers who built First Brands Group into a global business, and whom prosecutors accuse of driving it into bankruptcy through a multibillion-dollar fraud, are now pointing the finger at each other.
Washington Post Business
Without them, prices would have declined slightly, researchers at the New York Fed found.
Bloomberg Markets
Bloomberg's Mike McKee said that the Fed's decision to raise rates was unanimous among all nineteen members of the FOMC, including non-voting participants, according to minutes from the Fed's September meeting. McKee said the minutes showed that members feel that between inflation numbers, the geopolitical situation and AI buildout they are not making enough progress on inflation (Source: Bloomberg)
Bloomberg Markets
The US midterm elections are a test of investor sentiment in the rapidly growing defense sector, market watchers said.
Bloomberg Markets
And why this period might be more painful for Europe.
Washington Post Business
The change has been long sought by economists and advocates who argued self-selection would benefit wealthier families.
Bloomberg Markets
Danny Danon, Israel's ambassador to the United Nations, said that he does not accept attempts to make the anniversary of the October 7 attack about the continued impact on Gaza, as it was 'Hamas ideology' that brought the attack and suffering in Gaza.
Danon said that while the military retains presence in Gaza three years after the attack and one year after the 2025 ceasefire agreement, Israel has 'no desire to to stay in Gaza or to run the city of Gaza.'
(Source: Bloomberg)
MarketWatch
Powered by Nvidia’s RTX Spark chip, the latest Windows laptop is designed to run AI models and workloads directly on the device.
Bloomberg Markets
David Friedland, co-head of North America investment banking at Citi, joins Dani Burger on "Bloomberg Deals." Private equity firms are still aggressively poaching talented young bankers from Wall Street despite indications last year that they would slow down. (Source: Bloomberg)