🚨 DONALD TRUMP WARNS POWELL NOT TO CUT RATES BEFORE THE 🇺🇸 US ELECTION - FT

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🚨🚨🚨 BREAKING: Biden tests positive for COVID-19.

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🇨🇦 Nearly 40% of new Canadians are considering moving due to housing costs, per the Financial Post.

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🇺🇸 Nancy Pelosi is ‘convinced Biden will lose,’ per FOX.

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🇺🇸 Donald Trump is considering JP Morgan, $JPM, CEO Jamie Dimon for US Treasury Secretary, per NYP.

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🚨🚨 The #IMF just said the 🇺🇸 FED should not cut interest rates until "late 2024" and the gov needs to raise taxes to slow the growing federal debt.

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🇦🇪 Dubai princess Sheikha Mahra divorces her husband via Instagram

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🚨🚨🚨 GLOBAL OUTAGES

- Major banks, media and airlines affected by major IT outage

- Significant disruption to some Microsoft services

- 911 services disrupted in several US states

- Services at London Stock Exchange disrupted

- Sky News is off air

- Reports the issue relates to problem at global cybersecurity firm Crowdstrike

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🇦🇷 Argentina's economy expands for the first time since President Javier Milei took office

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📣 Broadcom in talks with OpenAI to develop new AI chip

Broadcom (AVGO) is in talks to develop new AI chips with OpenAI — which Microsoft (MSFT) has a majority stake in — according to a report from The Information. In addition, the report notes that OpenAI has been employing ex-Google employees from a unit that was producing Google's (GOOG, GOOGL) AI chip.

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🇺🇸 U.S. Corporations now hold $4.11 Trillion in Cash, an all-time high

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