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reuters.com

US consumer spending exits third quarter on strong note; monthly core inflation rises (www.reuters.com)

Growth, however, is unlikely to match last quarter’s blockbuster performance. Consumer tapped their savings and put away less money with the saving rate dropping to 3.4% from 4.0% in August. Personal income rose 0.3% after gaining 0.4% in August. Income at the disposal of households after accounting for inflation and taxes...

FTX founder Sam Bankman-Fried testifies outside jury's presence (www.reuters.com)

The judge released the jurors for the rest of the day following a lunch break and instructed them to return on Friday morning. The unusual move came after Bankman-Fried’s lawyers said they planned to elicit testimony about the involvement of FTX lawyers in key company decisions like document retention and in crafting of loans...

Argentina's Peronists soar in election to seal run-off with radical Milei (www.reuters.com)

BUENOS AIRES, Oct 22 (Reuters) - Argentina’s ruling Peronist coalition smashed expectations to lead the country’s general election on Sunday, setting the stage for a polarized run-off vote next month between Economy Minister Sergio Massa and far-right libertarian radical Javier Milei....

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