Standard Motor Products CFO to resign Oct. 30; names interim successor
We haven't written up this one. Seeking Alpha News has the full story — the link below goes straight to it.
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US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
Wall Street posts weekly gains with earnings, inflation data on tap
The Dow Jones Industrial Average rose 423.31 points, or 0.83%, to 51,654.95.
Social Security Has To Be Addressed: Orszag
"Both social security and Medicare have looming problems." That's Lazard's Peter Orszag on "Bloomberg Money" discussing how nothing will change for those programs without a crisis. (Source: Bloomberg)
Verizon closed down 8.75%, its worst day since 2002, while T-Mobile fell 13.27% and AT&T 9.81% after SpaceX announced a nationwide spectrum deal on Thursday (CJ Haddad/CNBC)
Telecommunications stocks sold off on Friday after Elon Musk's SpaceX announced an agreement to purchase a nationwide spectrum portfolio …