The Wall Street Journal: Facebook sought access to financial firms’ customer data for years

The Wall Street Journal: Facebook sought access to financial firms’ customer data for years
Facebook Inc. has been under scrutiny for months over its handling of personal data, but it has been haggling with financial firms over its access to sensitive financial data for years. As recently as last year, the social-media company pressed financial firms for the ability to use customer data flowing through its Messenger platform for a range of purposes, including... Read More

Currencies: Dollar finds footing as U.S.-China trade fight intensifies

Currencies: Dollar finds footing as U.S.-China trade fight intensifies
The U.S. dollar on Tuesday erased early weakness triggered by an intensification of the U.S.-China trade fight after the Trump administration followed through on its plan to impose tariffs on an additional $200 billion in Chinese goods, prompting Beijing to vow retaliation. The ICE U.S. Dollar Index DXY, +0.06% which tracks the currency against a basket of six major rivals,... Read More

Bond Report: 10-year Treasury note yield steady at 3% after U.S. slaps tariffs on China

Bond Report: 10-year Treasury note yield steady at 3% after U.S. slaps tariffs on China
Treasury yields were mostly unchanged near recent high water marks in early Tuesday trading after the U.S., as expected, imposed tariffs on another $200 billion of Chinese imports. President Donald Trump went ahead with the second round of tariffs on top of the initial tariffs on $50 billion of Chinese goods. Though the move was widely expected, it will raise... Read More

Futures Movers: Oil rallies as Saudi Arabia said to grow comfortable with crude above $80 a barrel

Futures Movers: Oil rallies as Saudi Arabia said to grow comfortable with crude above $80 a barrel
Oil futures traded higher early Tuesday in New York, buoyed by recent remarks from Saudi Arabian officials that reportedly expressed a renewed level of comfort with higher prices in light of renewed U.S. sanctions on Iran that could disrupt global output. The U.S. benchmark, West Texas Intermediate crude futures for October delivery CLV8, +1.25% rose 97 cents, or 1.4%, to... Read More

Tilray to import cannabis to U.S. for clinical trial

Tilray to import cannabis to U.S. for clinical trial
The U.S. Drug Enforcement Administration has signed off on cannabis cultivator Tilray Inc.’s plan to import a marijuana product from Canada to test its effectiveness at treating a disorder that affects millions of Americans. The DEA’s signoff is the final regulatory hurdle Tilray TLRY, +10.22%  needed for a clinical trial of the medication’s effects on essential tremor, a neurological movement... Read More

Market Snapshot: Stock futures edge up, but trade uncertainty remains in focus

Market Snapshot: Stock futures edge up, but trade uncertainty remains in focus
U.S. stock-index futures were slightly higher on Tuesday, though investors continued to monitor the latest development on the trade-policy front, which has recently shown signs of escalating. Where are the major benchmarks trading? Futures for the Dow Jones Industrial Average YMU9, +0.00%  rose 48 points, or 0.2%, to 26,149. Futures for the S&P 500 ESU9, +0.75%  were up 4.25 points... Read More

Contrary to some sexist commentary, men like pumpkin spice lattes too

Contrary to some sexist commentary, men like pumpkin spice lattes too
Are pumpkin spice lattes really mostly consumed by young women? Weirdly, that’s the internet myth. Maxwell Glick, an actor based in Los Angeles, defies it. He looks forward to pumpkin spice lattes every single year. “It’s like a celebration,” he said. When Glick heard men are sometimes stigmatized for drinking pumpkin spice lattes, he was confused — but not surprised.... Read More

The digital age could make the statute of limitations for sex crimes a relic of the past

The digital age could make the statute of limitations for sex crimes a relic of the past
An assault that allegedly occurred 36 years ago in Maryland could stop Supreme Court nominee Brett Kavanaugh before he makes it to the bench. It’s the latest example of a decades-old allegation surfacing, and victims’ advocates say these cases show that statute of limitation laws should be reevaluated. Christine Blasey Ford, now clinical psychology professor at Palo Alto University in... Read More