Sluggish August job growth likely solidifies Fed's next rate cut
Traders are currently forecasting a 93 percent chance of a 25 basis-point cut.
Financials
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Purdue Pharma reportedly facing 'free-fall' bankruptcy amid settlement talks
The company is seeking protection by the end of the month if it fails to reach a settlement over its alleged role in the U.S. opioid crisis.
Hurricane Dorian could cost insurers $25B
Insurers faced record bills from hurricanes, earthquakes and wildfires of over $135 billion in 2017 and got some relief in 2018.
College debt is the highest in one very specific region
Student loan debt reached $1.6 trillion at the end of June
Billionaire Tom Steyer may have taken hit from SALT cap in high-tax California
The 2020 contender wrote off hundreds of millions of dollars in state and local taxes.
Billionaire Tom Steyer's tax returns reveal massive fortune
Steyer did not meet the qualifications for the third Democratic debate.
Rampant sex trafficking ignored at Atlanta-area hotels: lawsuits
Four sex trafficking survivors claim in lawsuits they were victims of rampant sex trafficking that was overlooked by Atlanta- and Baton Rouge-based hotel employees between 2010 and 2016.
Top Jersey Democrat slams state finances, compares pension crisis to Illinois
Pension contributions will grow on average $820 million annually through fiscal 2023.
Ex-NYPD lieutenant swindled $135K in benefits: feds
A retired NYPD lieutenant fraudulently received more than $ 135,000 in Social Security benefits after falsely claiming he lived with, and was the sole provider for his young twins.
Could resurgence of risky mortgages cause another financial crisis?
With a Wall Street Journal report saying the mortgage market is starting to reopen to more risky borrowers, some experts are concerned we could be on the brink of another financial crisis.
Disney whistleblower accuses company of inflating revenue for years
The whistleblower, a former accountant who worked with the company for 18 years, was fired by Disney in 2017.
UK prepares for Brexit's worst: food, fuel and drug shortages
The UK will face shortages of food, fuel, and medical supplies without a divorce deal with the European Union, according to leaked official documents from the Sunday Times.
Epstein’s private island: Business and tax breaks
Epstein's estate is believed to be valued at more than $500 million.
GE denies Bernie Madoff whistleblower's accusation of fraudulent accounting
The man who took down Madoff believes GE’s accounting missteps total $38 billion, or 40 percent of the company’s market value
WeWork files for IPO, reveals financials: Is it a good investment?
WeWork filed to raise $1 billion in an initial public offering on Wednesday, though the ultimate offering amount is expected to be at least three times larger and revealed its long-anticipated financials.
Dow plummets 800 points on worsening global recession fears
Feeding fears of a global recession was a report that Chinese industrial production was climbing at its weakest rate in 17 years and Germany’s economy -- Europe’s strongest -- was actually shrinking.
Jeffrey Epstein before he died: “The only thing worse than being called a pedophile is being called a hedge fund manager:” FOX BUSINESS EXCLUSIVE
Here’s what the disgraced financier told me in a series of interviews just months before he hanged himself.
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