September 20, 2023

Markets Now

US debt rises to $33 trillion as government shutdown looms

As the US national debt passes $33 trillion and a government shutdown looms, Wall Street feels defensive.  
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Kanye 'didn't mean what he said' about Jews, Adidas CEO says

Adidas CEO Bjørn Gulden said he doesn’t think Kanye West “meant what he said” when the rapper spewed antisemitic comments last year that ended a lucrative relationship for both.  
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Insurance premiums could surge in these American cities because of climate disasters, new data shows

Millions of American homeowners could see insurance rates surge in the coming years in part due to worsening climate disasters, new data shows.  
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The Fed hits pause on interest rate hikes while it reviews more data

The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high.  
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Kraft recalls faulty American cheese singles that might be 'unpleasant' or make you gag

Kraft Heinz is recalling about 83,000 cases of its individually wrapped Kraft Singles American cheese because they might pose a choking hazard.  
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Electric vehicle jobs are booming in the anti-union South. UAW is worried

Looming over the United Auto Workers strike: Automakers’ continued migration to the anti-union South.  
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Source: CNN Business

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