• Unions, Employers Sue to Block Trump's $100,000 H-1B Visa Fee
  
  A coalition of labor unions and employer groups filed a lawsuit on Friday to block President Donald Trump's plan to impose a $100,000 fee on new H-1B visas for high-skilled foreign workers, according to Reuters. The suit, filed in federal court, argues the administration's...
• Dow, S&P 500 Post Record Closing Highs
  
  The Dow and S&P 500 registered record closing highs Friday even as the U.S. government shutdown went on for a third day, with interest rate-cut expectations improving as the U.S. government shutdown went on for a third day, while the Nasdaq eased.
• Trump Might Cut Federal Funds for Portland
  
  White House press secretary Karoline Leavitt told reporters during the weekly briefing on Friday that Portland, Oregon, will likely experience at least some of its federal funding blocked by the administration.
• Sen. Moreno: Trump Eyes Big Tariff Cuts for US Autos
  
  U.S. President Donald Trump is considering significant tariff relief for U.S. auto production that could effectively eliminate much of the costs major car companies are paying, Republican Senator Bernie Moreno and auto officials told Reuters Friday.
• Treasury Department Weighs Release of Trump $1 Coin
  
  The Treasury Department is weighing plans to issue a $1 coin featuring President Donald Trump as part of the country's 250th anniversary celebration next year.
• Trump's Bull Market Triggers
  
  How Trump is Building the Age of Prosperity
• Magnificent 7 Still Shape Future, as New Macro Is Micro
  
  Every few years, markets ask whether the leading companies of the age have peaked. Today, that question hovers over the Magnificent Seven - the group of mega-cap tech firms that have powered much of the equity market's returns.
• Wall St Hits Intraday Records, Dow Surpasses 47,000
  
  Wall Street's main indexes hit record intraday highs on Friday, and the Dow surpassed 47,000 for the first time, driven by AI optimism and signs of a cooling labor market that strengthened the case for interest-rate cuts and put them on track for weekly gains.
• 3 Water Stocks for Long-Term Dividend Growth
  
  Water is one of the most vital components of life. It is natural for investors to include water stocks in their portfolios. In general, water stocks have simple business models and are resilient to recessions thanks to the essential nature of their business.
• Spirit Airlines to Cut 100 Aircraft From Its Fleet
  
  Spirit Airlines plans to shrink its fleet by nearly 100 aircraft and exit different U.S. markets as part of a sweeping restructuring under Chapter 11, CFO Scott Cramer said.
• Fed's Goolsbee a 'Little Wary' of Front-Loading Too Many Rate Cuts
  
  Chicago Federal Reserve President Austan Goolsbee Friday said he was hesitant to commit to a series of interest rate cuts with inflation still running above the central bank's 2% target, echoing the concerns of several of his peers about the persistence of inflation for...
• DOGE Workers Continue Through Shutdown
  
  Department of Government Efficiency employees continue to work for the White House despite the current government shutdown and former leader Elon Musk no longer being involved.
• Data Centers in Space? Jeff Bezos Thinks It's Possible
  
  Amazon founder and executive chair Jeff Bezos said Friday gigawatt-scale data centers will be built in space within the next 10 to 20 years, predicting they would eventually outperform Earth-based ones thanks to the abundance of uninterrupted solar energy.
• No Payrolls, No Problem as Global Stocks Hit Record Highs
  
  World stocks were on course for a solid weekly gain and more record highs, as the seemingly unstoppable rally in tech shares and expectations of lower U.S. interest rates helped offset U.S. government shutdown uncertainty.
• Trump: Tariffs Could Mean $2K Dividend for Americans
  
  As the country awaits a Supreme Court ruling on the legality of Donald Trump's global tariffs, the president said he's considering paying Americans a dividend with the revenue.
• $1M in Gold Coins Found in Spanish Shipwreck Off Florida's 'Treasure Coast'
  
  Hidden beneath the turquoise waters off a stretch of Florida known as the "Treasure Coast," a team of divers from a shipwreck salvage company have uncovered exactly that - a load of long-lost Spanish treasure they estimate is worth $1 million.
• Sharp Inflows to Equity Funds on Rate Cut Hopes
  
  U.S. equity funds saw robust inflows in the week to October 1 on renewed bets of rate cuts, as an inflation report eased worries that a buildup in prices would push the Federal Reserve to delay policy support for a weakening labor market.
• Elon Musk's $1 Trillion Pay Plan Faces Pushback From Investors, State Officials
  
  A group of Tesla shareholders including SOC Investment Group and several state officials urged investors to vote against Elon Musk's $1 trillion pay package at the company's November meeting, a regulatory filing showed.
• Payroll Data on Ice Gives Wall St Newfound Free Time
  
  The release of U.S. jobs data typically has traders and investors glued to their screens at 8:30 am waiting for the all-important numbers.
• Apple Pulls ICE Tracking Apps Under Trump Pressure
  
  Apple said Thursday that it had removed ICEBlock, the most popular ICE-tracking app, and other similar apps from its App Store after it was contacted by President Donald Trump's administration.
• Trump in Talks With CBS to Appear on '60 Minutes'
  
  The White House is in talks with CBS about President Donald Trump appearing on "60 Minutes" for an unedited interview, Semafor reported Thursday.
• Gallup Poll: Americans' Trust in Media at Record Low
  
  Mainstream media approval among Americans across party lines has sunk to a record low, according to a Gallup poll released Thursday.
• Netflix Loses More Than $15B in 1 Week
  
  Streaming giant Netflix saw its shares drop 2.4% this week, or the equivalent of more than $15 billion in only a few days, following the call for a boycott of the company from Telsa CEO Elon Musk, Forbes reported on Thursday.
• Google, NBCUniversal Deal Averts YouTube Blackout
  
  Alphabet's Google and Comcast-owned NBCUniversal have reached a multi-year agreement to keep NBC shows such as "Sunday Night Football" and "America's Got Talent" on YouTube TV, wrapping up a difficult negotiation.
• Bari Weiss to Lead CBS News, Long Derided by Trump
  
  Paramount Skydance is preparing to name journalist Bari Weiss as editor in chief of CBS News, according to the New York Post. The announcement could come as early as Monday, though sources cautioned the timing may still shift.Weiss, 41, rose to prominence as an opinion...

More Street Talk Stories