Northern Trust beats estimates on Visa gain and fee growth

Australia’s corporate regulator said Friday that it has launched Federal Court proceedings against Auditeo Australia Pty Ltd and two auditors over alleged serious audit failures linked to the collapse of the First Guardian Master Fund. The Australian Securities and Investments Commission alleges that unqualified audit reports on First Guardian and its compliance plan for the…

Much Stronger Start After Negative NFP Print, But… Nonfarm payrolls (NFP) FELL 23k versus an 80k forecast.  Last month was revised down as well. From a traditional market-watching perspective, this is pure rally fuel. Indeed, bonds are rallying sharply so far. Let’s hope it sticks. Why wouldn’t it? As labor force dynamics have…

Mark Zuckerberg doesn’t have to worry about Sam Altman coming for his glasses. “I find it very uncomfortable talking to people with a camera and a light,” the OpenAI CEO told tech journalist Alex Heath during an interview for Heath’s “Sources Podcast,” which was published on Tuesday. Altman’s feelings are becoming quite clear. When reporters…

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Congressional Republicans have asked Los Angeles Mayor Karen Bass to appear at a Capitol Hill hearing amid an ongoing controversy over funding for the city’s programs to address homelessness. In a letter to Bass, Rep. Tim Burchett (R-TN), chair of the House Subcommittee on Delivering on Government Efficiency, requested Bass appear at a Sept. 15…