Steve Bannon floats the idea that Treasury Secretary Bessent could simultaneously lead the Federal Reserve through the midterm election. A fresh fundraising round for Elon Musk's xAI. Plus, the iPhone 17 hits shelves.

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Intel shares climb after Nvidia announces a $5B investment. Positive trial results raise Novo Nordisk shares. Plus, inside ABC's suspension of "Jimmy Kimmel Live!".

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The Federal Reserve expected to cut rates by a quarter-point... we break down the market impact, Trump's feud with Lisa Cook, and whether lower interest rates can re-energize the housing market.

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Paul McCulley makes the case for a quarter-point cut at what he calls the "most fraught" FOMC meeting in the past 40 years. Eli Lilly and Novo Nordisk race for the next weight-loss blockbuster drug. Plus, Goldman upgrades a consumer staple.

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It's the busiest year for SPACs since 2021. The unusual case of rate cuts with bank stocks at record highs, and the President says quarterly reports aren't necessary.

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Listen to the day's top stories, the must reads & a whole lot more for today's modern investor.

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Steve Liesman and Rick Santelli read the jobs and inflation data tea leaves ahead of next week’s Fed decision. The executive order that could have a huge impact on US drugmakers. Plus, is $160 lipstick the key to jumpstarting the luxury trade?

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Analysts left ‘kind of in shock’ after Oracle reports eye-popping cloud demand numbers, sending the stock soaring and making Larry Ellison the world’s richest man. Buy now, pay later service Klarna starts trading after delaying its IPO. Plus, Novo Nordisk announces big job cuts.

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