Todays Markets

Reuters: Fed likely to raise rates, possibly end 'accommodative' policy era
With the Federal Reserve widely expected to raise interest rates on Wednesday, financial markets are focused on whether signs of an acceleration in U.S. economic growth will prompt the central bank to ramp up the pace of monetary policy tightening. [more...]

Bloomberg: Stocks in Asia Mixed; Treasuries Steady Before Fed: Markets Wrap
Stocks in Asia traded mixed as traders awaited the Federal Reserve meeting. The dollar and U.S. Treasuries were steady, with yields near the seven-year highs reached in May. [more...]

Bloomberg: Instagram Founders Depart Facebook After Clashes With Zuckerberg
The founders of Instagram are leaving Facebook Inc. after growing tensions with Chief Executive Officer Mark Zuckerberg over the direction of the photo-sharing app, people familiar with the matter said. [more...]

Bloomberg: Trump Attacks OPEC Again, Demanding Cash for Military Protection
President Donald Trump resumed his attacks on OPEC, saying the cartel is pushing oil prices too high and demanding that some members start paying the U.S. for military protection. [more...]

Bloomberg: ETF Investors Are Buying Treasuries and Dumping Junk Bonds
Investors are pouring cash into exchange-traded funds that provide protection against the stock market turning sour as interest rates are set to rise again and trade tensions between the U.S. and China escalate. [more...]

Bloomberg: U.S. Oil Is Winning as Major Crude Buyer Works to Fill Iran Gap
After South Korea became the first of Iran’s major oil customers to reduce imports to zero under American pressure, the nation’s biggest refiner is seeking alternative supplies to fill the gap. [more...]

Bloomberg: India Is Cutting Imports of Iranian Oil to Zero in November
India isn’t planning to buy any Iranian oil in November, raising the prospect that Tehran will lose another major customer as U.S. sanctions hit and spurring speculation over whether China will follow suit. [more...]

Reuters: In a U.S. manufacturing hub, no illusions about tariffs and jobs
In a town where a 30-feet tall chair is the chief landmark, and which is synonymous with a U.S. furniture industry decimated over the years by imports from China, many greet the possibility of tariffs on Chinese goods with a shrug. [more...]

CNBC: Crypto industry leaders warn Congress: Figure out regulation, or watch innovation leave the US
More than 50 industry participants gathered on Capitol Hill for a roundtable discussion hosted by Rep. Warren Davidson, R-Ohio, Tuesday. Although attendees varied, none were from anti-establishment groups popular in the cryptocurrency space, nor did they include retail investors who bought bitcoin as a speculative bet. [more...]

CNBC: Trump tells UN General Assembly OPEC is 'ripping off' the world
President Donald Trump on Tuesday told a gathering of world leaders that OPEC is cheating them, bringing a grievance he has voiced throughout the year on Twitter to the halls of the United Nations headquarters. [more...]