- #1 Editor's pick Fortune
Jeff Bezos sold his record-breaking $63M Seattle mansion — his Washington exit, in one data point
Editor's note: Bezos bought the Hunts Point mansion for $37.5M in 2019 and sold it this spring for $63M — then reinvested in a $237M Indian Creek, Florida compound. The underlying arithmetic: Washington's 9.9% capital-gains tax (effective 2022, upheld by the state Supreme Court 2023) plus the new 9.9% millionaires tax signed March 2026 for 2028. Florida has neither. This is state-tax arbitrage at the extreme end — the same mechanic that quietly reshapes retirement planning for anyone with concentrated equity in a high-tax state. Case study expanded in the Real Estate Investment Tax Strategies analysis. - #2 100 NYT
Warsh Vows to Tame Inflation as A.I. Delivers ‘Shock’ to Economy
The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.
- #3 82 CNBC
Tesla unveils long-delayed Roadster developed with SpaceX, fueling merger speculation
Elon Musk first debuted the Roadster refresh concept in 2017 but Tesla has since missed every targeted delivery date.
- #4 72 Bloomberg Video
Watch Housing Crisis, Inflation Worries, Midterms Loom - Bloomberg.com
Watch Housing Crisis, Inflation Worries, Midterms Loom Bloomberg.com
- #5 72 NY Post
AI stock sell-off ramps up over debt-fueled data center spending fears: ‘Full-blown crisis of confidence’
The Nasdaq and S&P 500 on Friday slumped 2.4% and 1.3%, respectively, with the latter on track for its worst week since June.
- #6 70 MarketWatch
Could an Anthropic IPO put your 401(k) at risk? The AI safety debate hits a new dimension.
Anthropic and New York City’s comptroller have opened a line of communication to discuss “existential risks” posed by AI and what that could mean for the company’s future stock.
- #7 67 Barron's
Why the Diesel Crisis Lifting Inflation Is Here to Stay - Barron's
Why the Diesel Crisis Lifting Inflation Is Here to Stay Barron's
- #8 63 MarketWatch
The bond market shrugged off two inflation shocks. Why stock investors should pay attention.
Hot CPI and PPI data should have pushed Treasury yields higher. Instead, bond buyers stepped in to suggest yields have risen high enough to become attractive for investors.
- #9 63 CNBC
Looking for a non-AI trade? This bank stock is poised for a breakout next week
For JPMorgan, the upside potential appears greater than the downside risk.
- #10 63 CNBC
Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all
Investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about inflation leave the decision uncertain.
- #11 61 Barron's
Fed Rates: Market Likes What Warsh Didn’t Say on Inflation - Barron's
Fed Rates: Market Likes What Warsh Didn’t Say on Inflation Barron's
- #12 60 Barron's
Coca-Cola, Visa and Mastercard Hit Records as Investors Rotate Out of Chip Stocks - Barron's
Coca-Cola, Visa and Mastercard Hit Records as Investors Rotate Out of Chip Stocks Barron's
- #13 58 NY Post
Wall Street buzzing over potential SpaceX-Tesla merger in wake of ‘flying’ car demo
Elon Musk’s unveiling of a new “flying” Tesla on a SpaceX site this week has tech observers buzzing about an out-of-this-world merger between the two companies, with Kalshi bettors putting the odds of such a combo at over 50% for early next year.
- #14 57 NYT
When Will the Fed Move on Rates?
Kevin Warsh, the central bank’s chairman, suggested he wouldn’t push to raise borrowing rates this month. But persistent inflation may force the Fed’s hand.
- #15 57 NY Post
Traders bet on October interest-rate hold after Kevin Warsh is tight-lipped at conference
Federal Reserve Chair Kevin Warsh stayed mum Friday on the path for interest rates, even after hot inflation data this week – which traders took as a sign officials will hold rates steady this month.