* OFFICIALS MAKING ARRANGEMENTS FOR U.S. PRESIDENT TRUMP TO VISIT JAPAN NEXT MONTH, SOURCES SAY @reuters.com

GOLDMAN takes Q3 tracker to 2.3%. Thank you, new homes.

$ARKK | Cathie Wood Says Ark Can Cut Back On New Hires Thanks To AI - Bloomberg

Wall Street Is Poaching Bankers In A Red-Hot Job Market - WSJ

(POLITICO) - Moscow gave Donald Trump a zoology lesson Wednesday, insisting that Russia is “a bear” and not “a paper tiger” on the geopolitical stage.

‘Frothy And Risky’ Rally In Profitless Tech Grows As Fed Eases - Bloomberg

@carlquintanilla.bsky.social Love when you host Closing Bell!!!

*POWELL: MOST FORECASTS SEE TARIFF PASSTHROUGH WELL INTO 2026

GOOLSBEE: "But with inflation having been over the target for four and a half years in a row and rising, I think we need to be a little careful with getting all really up-front aggressive."

(WSJ) - The European Union and Indonesia announced a long-awaited trade deal on Tuesday, in a sign that America’s trading partners are responding to President Trump’s tariffs by doubling down on free trade with each other.

APOLLO: “The consensus probability of a recession over the next 12 months continues to decline and currently stands at 30%.” [Slok]

* KIMMEL WILL ADDRESS KIRK CONTROVERSY WHEN HE RETURNS TO SHOW * KIMMEL PERSONALLY NEGOTIATED RETURN WITH DISNEY'S IGER, WALDEN

(WSJ) - Atlanta Fed President Raphael Bostic said inflation concerns would make him hesitant for now to declare support for cutting rates again in October, even though economic risks have shifted in recent months toward greater worries about employment. @wsj.com

Microsoft Paramount NBCUniversal The New York Times Amazon Dell JPMorgan Axon AT&T Goldman Sachs @wsj.com #RTO #WFH www.wsj.com/lifestyle/wo...

Trump Administration Set To Tie Tylenol To Autism Risk, Officials Say - Washington Post

APOLLO: “The US government currently collects about $350 billion in tariffs at an annualized rate, which corresponds to 18% of annual household income tax payments. The bottom line is that the amount of money collected in tariff revenue is very significant.” [Slok]

(WSJ) - Cardboard-box demand is slumping, flashing a potential warning about the health of the American consumer given that goods ranging from pizzas to ovens are transported in corrugated packaging.

(Reuters) - A U.S.-China agreement on TikTok's U.S. operations includes China's ByteDance choosing one of seven board members for the new entity, with Americans holding the six other seats, a senior White House official said on Saturday.

In Historic Shift, U.K., Australia And Canada Recognize A Palestinian State - WSJ

MIRAN: “I did not talk to him about how I vote. I did not talk to him about my dots in the [Summary] of Economic Projections.” ⁦‪@CNBC‬⁩

Kashkari (non-voter): two more cuts this year. Argues R* has risen, inflation expectations anchored, and labor market downside is more likely than inflation upside. Reasonable case (though there are lots of ways to disagree with it)

‘It’s Going To Hurt Us’: Trump Puts 15,000 Offshore Wind Jobs At Risk With Halt Orders - Bloomberg

BAIRD ups $TSLA to Outperform: ".. the road ahead is chock-full of catalysts. .. the next generation of Optimus reveal, .. new markets for robotaxi service, shareholder approval of Musk's pay package, launch of the Tesla Semi, rollout of more affordable vehicle .." $548 target (vs prior $320)

APOLLO: “Consumers are more sensitive than companies to price changes of imported goods. As a result, the composition of US imports has changed dramatically since Liberation Day, with a sharp decline in imports of consumer goods.” [Slok]

BofA’s Hartnett Says Magnificent 7 Stock Bubble Is Still Growing - Bloomberg

Definitely have to soak up all the Kostin notes before year-end.

(Reuters) - Automakers have been absorbing billions in added expenses since U.S. President Donald Trump’s tariffs took effect in April, sparing American car shoppers from sticker shock. So far. $F $STLA $GM

FCC's Carr Says Jimmy Kimmel Appeared To ‘Mislead’ Public On Charlie Kirk Killing - CNBC

TEPPER, on FED EASING: "If they go too much more on interest rates, depending what happens with the economy ... it gets into the danger territory." @cnbc.com

APOLLO: “A rising share of VC activity globally is AI deals, and 63% of all VC deals in North America are now AI or machine learning.” [Slok]

Sales Of Heavy Trucks Are Falling Like The U.S. Is Headed For A Recession - CNBC

New Trump Appointee Miran Calls For Half-Point Cut In Only Dissent As Rest Of Fed Bands Together - CNBC

Nvidia CEO says he's 'disappointed' after report China has banned its AI chips - CNBC

(Reuters) - Bank of America raised its minimum hourly wage to $25 per hour across the United States, the lender said on Wednesday, fulfilling its 2021 pledge to meet the threshold. $BAC

Speaker Johnson says China is straining U.S. relations with Nvidia chip ban. - CNBC

(Bloomberg) - US Treasury Secretary Scott Bessent once agreed to occupy two different houses as his “principal residence” at the same time, mortgage documents show — the same kind of contradictory pledges that .. Trump has been using to try to oust .. Lisa Cook. www.bloomberg.com/news/article...

$AMZN | Amazon Aims To Grow Ad Sales Further By Automating Creation - WSJ

* MICROSOFT TO INVEST $30B IN U.K. * CEO SATYA NADELLA TO JOIN TRUMP TOMORROW @cnbc.com @stevekovach.bsky.social $MSFT

$LLY | Eli Lilly To Build $5 Billion Virginia Facility To Boost Production Of Targeted Cancer Drugs, Other Treatments - CNBC

@carlquintanilla.bsky.social Not sure if you saw this from Bloomberg..

".. An administration official, who spoke on the condition of anonymity, said the Justice Department would challenge the ruling soon at the Supreme Court, but the timing remained uncertain. The Fed’s two-day meeting begins on Tuesday." @nytimes.com

(WSJ) - United Airlines plans to hire more than 2,500 employees at Newark Liberty International Airport as it works to revamp the airport, which has been thwarted by outages and worker shortages. @wsj.com $UAL

WELLS FARGO, on RETAIL SALES: ".. the bottom line is that consumer spending remains resilient in the face of tariffs and a softening labor market."

Apollo: “The daily data for consumer spending has slowed down modestly in recent weeks, and the slowdown is more pronounced in sectors impacted by tariffs.” [Slok]

Trump cannot fire Fed's Lisa Cook before FOMC meeting, appeals court rules - CNBC

Disney plans to take a stake in Webtoon Entertainment as the companies prepare to create a new digital platform that will house all of the entertainment giant’s various comic brands, including Marvel and Star Wars.

(WSJ) - Shoe prices are expected to rise further as footwear companies burn through stockpiles of inventory they rushed in before tariffs raised import costs, an industry group warns.

Michigan official: no proof Lisa Cook broke tax rules.

* BESSENT: NEXT U.S.-CHINA TALKS COULD RESULT IN ANOTHER 90-DAY ROLL-OVER OF TARIFF TRUCE, WILL LIKELY HAPPEN BEFORE NOV 10 DEADLINE @reuters.com

".. Gold’s value has ballooned by 39% this year, putting it on track for a greater annual price jump than during the depths of the Covid-19 pandemic or 2007-09 recession .. Futures for the precious metal haven’t surged so much in a year since 1979.." @wsj.com www.wsj.com/finance/comm...