Is the stock market open on Columbus Day/Indigenous Peoples’ Day? Does the post office deliver mail?
Be prepared for plenty of closures on Monday. Source link...
MARKET
Here’s why Wall Street is betting against DraftKings and FanDuel — and going all in on Polymarket and Kalshi
Kalshi and Polymarket could pose an existential threat to sports-betting companies. Source link...
OPEC+ agrees to another output hike in November despite growing concerns of glut
OPEC+ on Sunday agreed to increase crude production in November by another 137,000 barrels a day, despite rising concerns of a global glut. Source link...
Credit-bureau stocks like Equifax’s are getting hammered as FICO moves to directly license mortgage scores
Shares of TransUnion, Equifax and Experian slumped on Thursday as FICO said it will directly license its scores used to assess mortgage applicants’ creditworthiness. Source link...
My wife and I are in our 40s. We have a $600K mortgage and $500K income. Can we afford a vacation home?
“We plan to work another 20 years and we estimate $3-$4 million in 401(k) savings.” Source link...
Sinclair ends boycott of Jimmy Kimmel show, putting pressure on Nexstar to bring program back
Local-television giant Sinclair Inc. said Friday that it was ending its boycott of late-night host Jimmy Kimmel’s program on the company’s ABC affiliates, leaving Nexstar Media Group Inc. as the last remaining holdout. Source link...
What Jimmy Kimmel says in his first show back may not matter. Disney has already been hammered by the culture wars.
The decision to pull Kimmel off the air sparked calls for a boycott from his supporters, and the move to bring him back has angered conservatives, putting Disney in an unwinnable position. Source link...
‘I am highly alarmed by the proposed changes to retirement accounts’: I don’t want bitcoin or private equity in my 401(k). What can I do?
“What are the options for safeguarding my autonomy over my funds?” Source link...
Google, Meta and Amazon are facing an expensive AI risk that nobody is paying attention to
As Big Tech companies ramp up their capital expenditures, rising depreciation costs are threatening their margins and Wall Street seems to be vastly underestimating the impact. Source link...
A divided Fed is expected to settle on a 25-basis-point rate cut this week. The key question is, what comes next?
Will future cuts come at every meeting this year, or at a more cautious pace? Source link...
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