Straight from CNBC…
- Higher prices come as Ukraine pounds Russian refineries, forcing Moscow to ban diesel exports.
- Lululemon posted another quarter of disappointing results and a sales slowdown as the company struggles to turn its business around.
- Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.
- Norway's $2.3 trillion investment fund says it can diversify into new areas with greater risk and returns.
- The EU formally joined the U.S.-led sanctions campaign against Iran, while South Korea said it's weighing a military role to help reopen the Strait of Hormuz.
- Bitcoin headed for its third straight winning week, as traders searched for refuge amid volatile moves in equities, currencies and bond markets.
- The Treasury has proposed regulations that would strip thousands of private schools of their tax-exempt status and threaten a valuable tax break for donations.
- These are the stocks posting the largest moves in the premarket.
- Here are Friday's biggest calls on Wall Street.
- Private security spending and guard employment have climbed as companies and communities respond to high-profile attacks, even as violent crime falls.
- Volkswagen shares jumped on Friday after it announced plans to slash a further 50,000 jobs as part of its transformation plan.
- The global billionaire count hit a record of 3,795 people last year, with the biggest wealth gains for the richest of the rich, per a recent Altrata report.
- Nvidia’s $12.9 billion Hugging Face deal could protect its open AI ecosystem, deepen ties with developers and keep the platform from rivals.
- The pros, cons, costs and key factors to consider before buying an extended car warranty.
- THC drinks are booming as an alcohol alternative, but a looming federal crackdown is squeezing makers, distributors and consumers.
- Robinhood Markets could see even more upside as its recently launched blockchain helps it bring in more revenue, per Deutsche Bank.
- Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.
- Argentina's President Javier Milei has renewed the country's claim to the Falkland Islands and threatened sanctions on oil companies.
From NPR…
- Trump has asked the Supreme Court to lift the block on his plan for the USPS to restrict mail voting ahead of the midterm elections. And, diesel prices have reached a record high.
- Germany's AfD's TikTok-fueled rise in Saxony-Anhalt is raising fears the country could see its first far-right governor since World War II.
- Research published in the journal Science illuminates a "missing piece" in the biological understanding of profound autism and offers new targets for drug development.
- Plus: George Santos is back in the news!
- Research suggests that around half of all women in the menopausal transition years experience symptoms, like red, watery or gritty-feeling eyes. Hormonal shifts play a role, as do many other factors.
- The Education Department gathers a massive tranche of civil rights data about public school students. It's now available but harder to parse than in the past.
- After years of fighting over who gets to use the beach, and where, in Walton County, Florida, public-use advocates are calling for a state constitutional amendment to finally settle the matter.
- President Trump is again hoping to use economic pressure to force Iran to the negotiating table.
- NPR's Steve Inskeep speaks with New York Times reporter Emily Badger about the Trump administration's plans to move forward with construction of a triumphal arch.
- The Trump administration has said it will end the tax-exempt status for universities with programs that help racial minority students.
From The NY Times…
- Ella Langley’s smash has become an anthem in Austin, a singalong in Nashville and a case study in how the Texas brand travels.
- Judges approach complaints about jurors with caution, mindful that in the event of a conviction, a removal could be grounds for an appeal.
- Two longtime friends rented jet skis for an hourlong excursion. They ended up fighting for their lives.
- A federal judge has temporarily blocked a Postal Service rule that could impede millions of mail voters. The Trump administration has asked the Supreme Court to weigh in.
- Last year, just one in 10 festivalgoers was in their 20s, according to researchers. A decade ago, the same group represented nearly 30 percent of attendees.
- The jury has been deadlocked since at least Tuesday on whether to hold Lindsay Clancy legally responsible for the strangling deaths of her three children.
- Josh Turek is trying to turn deep-red Iowa blue as he runs for the U.S. Senate.
- The court said a map redrawn to benefit Republicans could not be used in November and said voters should decide on the new boundaries. The state attorney general vowed to appeal the decision.
- Here’s the latest.
- The union and federal prosecutors agreed that organized crime groups had been rooted out of union operations, the judge wrote.
- The move came days after the resignation of Daniel P. Driscoll, who had clashed with Defense Secretary Pete Hegseth over the purge of top generals in the Army.
- The charges are a rare instance of President Trump’s Justice Department accusing a federal agent of breaking the law while on the job.
- Doug Burgum, the interior secretary, announced plans to start work on the site of the 250-foot-tall triumphal arch. Final approval of the project is still pending.
- The gunman, who killed two people and wounded several others at an apartment building, died in an exchange of gunfire with the police, authorities said on Thursday.
- The former safety manager of a Michigan alternative health care center will spend at least 19 months in jail in connection with the January 2025 death.
- The five-week case looked set to end, until the jury sent a note saying that a member refused to recognize the proper definition of reasonable doubt. The defense lawyer said an inquiry was planned for Friday morning.
- The narrow winner of the Republican primary for a Missouri House seat faces a federal charge.
