|
The Daily Briefing · Friday, October 9, 2026
|
|
American Express $350M AML Fine: What Regulators Found
The OCC fined American Express $350 million over anti, money, laundering failures, and the Fed issued its own order after about $13 billion in suspected laundering went undetected.
|
|
Also today
|
|
Humana (HUM) Jumps 15% on 2027 Medicare Star Ratings
Humana shares surged about 15% after its largest Medicare Advantage contract rose to 4 stars, while Alignment Healthcare fell more than 20% on a downgrade.
|
|
Webull (BULL) Falls 19% on House China Risk Report
Webull (BULL) shares fell 19% to $5.89 after a House panel called its China ties a national security risk; the broker rejected the report as inaccurate.
|
|
Brent Holds Above $100 as Iran Hits Hormuz Tankers
Iran has stepped up tanker attacks near the Strait of Hormuz, pushing transits to a two, month low and keeping the Brent crude oil price above $100 a barrel.
|
|
Fed Rate Hikes: Waller, Musalem Back More Tightening
Fed rate hikes are back on the table as Waller and Musalem call for more tightening, with traders pricing about an 83% chance of a December increase.
|
|
Houthi Attacks on Saudi Airports Hit Third Day, Oil at $105
Iran, backed Houthis struck Saudi airports for a third straight day, killing three people and wounding 36, as Brent crude topped $104 a barrel and the group warned of a long war.
|
|
Trump Rules Out Iran Attack Before Midterms; Oil Eases
Trump said the U.S. will not attack Iran before the Nov. 3 midterms, citing productive talks, trimming the crude oil price spike as Hormuz risks persist.
|
|
SpaceX (SPCX) Buys Low, Band Spectrum, Hits Carriers
SpaceX agreed to buy Grain Management's nationwide 800 MHz low, band spectrum for Starlink Mobile, sending AT&T, Verizon and T, Mobile down 6, 8% after hours.
|
|
Kramatorsk Bus Strike Kills 30 as Kyiv Blackouts Worsen
A Russian guided, bomb strike on two Kramatorsk buses in Ukraine killed at least 30 on Oct. 8 as Kyiv blackouts deepened and Trump and Putin weighed a possible phone call.
|
|
10, Year Treasury Yield Hits 5.36%, Highest Since 2002
The 10, year Treasury yield touched 5.36%, a 24, year high, before easing to about 5.3%, as rising interest rates and $100 oil weighed on U.S. stocks Wednesday.
|
|
Microsoft, Adobe Suspended From Green Card Program
The Labor Department suspended Microsoft, Adobe, Infosys, Wipro, Tata, Cognizant and others from the PERM green card program over alleged H, 1B abuse, Vance said.
|
|
Starbucks Explores $42B Chipotle Takeover, Shares Diverge
Starbucks has explored a takeover of Chipotle valued near $42 billion, sending CMG up as much as 8% and SBUX down 4% to 6% in a landmark restaurant deal report.
|
|
|
Market briefs
|
|
|
|
From the startup desk
|
|
|
|
Video of the day
|
Digital Money: The Journey of the Invisible Paycheck
|
|
The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
|
|