Trends to Watch |
| Trouble: Bank of America Shared Nonpublic Information With Investors in India, Whistleblower Says (Wall Street Journal) |
| It’s About Time: DOT probe seeks to determine if frequent flyer programs are fair to travelers (USA Today) |
| AI Race: Marc Benioff has declared a ‘hard pivot’ to autonomous AI agents. Will it be enough for Salesforce to thrive in the generative AI era? (Fortune) |
| Swooping In: With Nippon deal on verge of collapse, Cleveland-Cliffs could renew bid for U.S. Steel (Crain’s Cleveland Business) |
| Bitcoin’s Bull Market: Bitcoin trades under $57K, but data suggests pro traders are not bearish (Cointelegraph)
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Stock Market News |
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| Verizon to acquire Frontier Communications in $20 bln deal – Reuters | |
| August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says – CNBC | |
| JPMorgan top economist says the Fed should cut rates by a half point this month – CNBC | |
| Layoffs jump in August while hiring in 2024 is at a historic low, Challenger report shows – CNBC | |
| OPEC+ agrees to delay October oil output hike for two months – Reuters |
