Writing the summary…
Cut spending to curb runaway borrowing costs, Goldman's Gutman tells governments
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
BBC Business
BT agrees rescue deal to buy broadband operator TalkTalk
The takeover still needs to be approved by the regulator, but would give certainty to TalkTalk's millions of customers
CNBC
China shuts hundreds of banks as Beijing moves to shore up its financial system
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
CNBC
Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'
Cerebras stock climbed in premarket trading after OpenAI's CEO Sam Altman reassured investors that the firm is a "close partner."
CNBC
Three tax votes in November that will affect high earners
Voters will decide whether to raise or lower taxes on the wealthy in multiple states next month, with California leading the way with a potential wealth tax.
BBC Business
Average five-year mortgage rate hits 6% for first time in three years
The cost of a new fixed-rate mortgage has been rising in recent weeks as lenders face higher costs.
CNBC
Saudi Aramco chief says replenishing global oil stockpiles could take two years
Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.