Writing the summary…
The AI trade is cracking. Here's how to profit
Source: CNBC
Original reporting
CNBC: read the full reportRelated stories
CNBC
We're upgrading our Goldman Sachs rating after a strong quarter bodes well for the future
From an execution perspective, Goldman appears to be firing on all cylinders.
CNBC
Kimberly Guilfoyle resigns as ambassador to Greece at White House's request
Guilfoyle's announcement came after new White House press secretary Katie Zacharia said in her debut briefing that the ambassador had been asked to resign.
CNBC
The latest inflation data is expected to show price increases are accelerating
Economists expect the consumer price index for September to rise 0.6% on the month and 3.6% year over year.
CNBC
J&J's 6% slide on an imperfect quarter is a gift to prospective buyers
J&J's pharmaceutical division is humming along, and the MedTech problems should be temporary.
The Guardian2 outlets
UK high street bosses urge chancellor to cut cost of employing young people
Retailers call on John Healey to reduce national insurance contributions threshold in his first budget Some of the UK’s biggest retailers and hospitality businesses, including Tesco, Costa Coffee and the Co-op, have met John Healey to urge him to cut the cost of employing young people in his first budget. At the No 11 event on Tuesday morning, the chancellor heard from sector leaders – including the boss of Marks Spencer, Stuart Machin, and Sainsbury’s chief executive, Simon Roberts – about the impact of the rise in employers’ national insurance contributions (Nics). Continue reading...
CNBC
Social Security cost-of-living adjustment for 2027 may be above average. Some say it's not enough
The Social Security Administration is expected to announce the cost-of-living adjustment for 2027. Projections point to a higher-than-average increase.