Banking
Market Extra: Debt-ceiling impasse could be “more catastrophic” than Lehman collapse, says S&P
Economists from S&P Global Ratings warned that a failure to avert a government shutdown could trim down 0.2% of fourth-quarter GDP growth with every week it continues
The Tell: Birthday boy Warren Buffett reaffirms his love for Apple, but sends Mondelez tumbling
Billionaire investor Warren Buffett marks his 87th birthday with a round of television interviews, reaffirming his love for Apple stock but managing to send shares of Mondelez lower.
NYSE seeks delay in filing market-moving information after market close
The New York Stock Exchange has filed a proposal that seeks to delay the release of market-moving company news immediately after the official 4.00 p.m. Eastern closing time.
Capitol Report: Steven Cohen raises eyebrows by using auditor to sell fund assets holding up SEC settlement
PricewaterhouseCoopers LLP Cayman Islands advisory team to liquidate leftover “side pocket” investments so Steven Cohen can close down firm before final SEC deadline.
The Fed: Currency war talk restarts after Jackson Hole
A ‘currency war dynamic’ has emerged in the aftermath of the Jackson Hole conference, a leading Fed watcher said.
More refineries come off line in Harvey’s wake
Deadly storm delivers a second punch on the Gulf Coast, shutting down a fifth of U.S. refining capacity.
Harry Boxer’s four biotech stocks to watch
In focus: Abeona Therapeutics, Corcept Therapeutics, ImmunoGen and Sangamo Therapeutics.
This accessory makes people feel ‘dominant’ in business negotiations
The science behind Wall Street executives’ love of huge watches.
Key Words: The next pardon recipient should be Michael Milken, Wall Street pro urges
After sparing former Sheriff Joe Arpaio jail time, President Donald Trump should aim his pardon authority at convicted junk-bond king Michael Milken, one Wall Street professional is urging in a letter.
Market Extra: Here’s how Goldman Sachs says traders should play a government shutdown
The U.S. stock market remains bereft of volatility, but there are a few near-term events that have the potential to bring it back in a big way, creating opportunities, say Goldman Sachs analysts.
