October 4, 2023

Markets Now


Why Wall Street investors are freaking out

October has a long history of spooking Wall Street, and this week’s market action is serving up a particular dose of terror for traders.  
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Sam Bankman-Fried's crypto empire was 'built on lies,' US prosecutor says

In their opening statements to a newly sworn-in jury in Manhattan federal court, lawyers laid out previews of their cases, offering two divergent narratives for the collapse of Sam Bankman-Fried’s crypto empire.  
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75,000 Kaiser Permanente workers walk off the job. It's the largest health care worker strike in US history

On Wednesday, more than 75,000 unionized employees of Kaiser Permanente, one of the nation’s largest not-for-profit health providers, walked off the job, marking the largest health care worker strike in US history.  
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Trump gets kicked off Forbes 400 list of richest Americans

As Donald Trump scrambles to defend his business empire in court, the former president has suffered another blow: dropping off The Forbes 400 list of the richest Americans.  
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Powerball jackpot soars to an estimated $1.2 billion for tonight's drawing. Here are your odds -- and what you could buy

Your dream of buying 400 private jets or some Lamborghini Veneno Roadsters for you and 143 of your closest friends could become reality after Wednesday night’s Powerball drawing.  
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McDonald's and Wendy's win false advertising lawsuit

Wendy’s and McDonald’s have emerged victorious from a lawsuit that accused the fast food chains of false advertising.  
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Source: CNN Business

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