Kevin McCarthy Is Out After Averting Government Shutdown. The U.S. Got Something Worse.
Kevin McCarthy is out as House Speaker—and the financial markets have a problem.
Source: marketwatch.com
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Top News In Ben Levisohn Today - Breaking & Trending Today
Market Mood Lifted by Shutdown Deal. Why Investors Can Look Forward to October.
The government stayed open but the drama hasn’t ended, key data for Tesla as it updates Model Y, and other news to start your day.
Source: marketwatch.com
Strikes, Dot Plots, Energy Prices. How the Fed's Inflation Battle Is Getting Tougher.
Instacart’s IPO is up next as companies test appetite for new stock, oil prices hit 10-moth highs amid supply fears, and other news to start your day.
Source: marketwatch.com
Citigroup reorganizes business model to streamline operations
Citigroup is making "significant changes" to streamline its organizational model. The flatter structure will eliminate management layers and speed up decision-making.
Source: foxbusiness.com
Adobe generative AI suite Firefly now available for commercial use
Adobe Inc.'s family of generative artificial intelligence models, dubbed Firefly, is now available for commercial use for creating content on programs like Photoshop and Premiere.
Source: foxbusiness.com