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The ‘Kitchen Sink’ Is McCarthy’s Only Path To Avoid Shutdown, And It Probably Won’t Work | ZeroHedge

You wanted the job, Kevin…

With a shutdown looming in just over a week, House Speaker Kevin McCarthy (R-CA) has backed himself into a corner.

On Tuesday, House Republicans were forced to cancel a procedural vote for a 30-day stopgap funding measure (Continuing Resolution) to keep the government's lights on beyond Sept. 30. Hours later, five GOP lawmakers crossed the aisle to vote with Democrats to bring down the rule for the Pentagon's spending bill.

As (more…)

Continue ReadingThe ‘Kitchen Sink’ Is McCarthy’s Only Path To Avoid Shutdown, And It Probably Won’t Work | ZeroHedge

The Author’s Guild Launches Class-Action Lawsuit Against OpenAI | ZeroHedge

Authored by Savannah Fortis via CoinTelegraph.com,

The Author’s Guild in the United States opened a class-action lawsuit against the Microsoft-backed OpenAI on Sept. 19 due to its alleged misuse of copyrighted material in the training of its artificial intelligence (AI (more…)

Continue ReadingThe Author’s Guild Launches Class-Action Lawsuit Against OpenAI | ZeroHedge

WTI Holds Bounce Above $90 After Across-The-Board Inventory Draws | ZeroHedge

Oil prices extended losses overnight from yesterday afternoon, but bounced back into the green this morning after WTI found support at $89 after Goldman upgraded its forecast.

After last week's big product builds, all eyes will be on any signs of demand-destruction. But, more ominously, the decline in Cushing stocks is top of mind for many…

API

  • Crude -5.25mm (-1.00mm exp)

  • Cushing -2.56mm

  • Gasoline +732k (+500k exp)

  • Distillates -258k (-200k (more…)

Continue ReadingWTI Holds Bounce Above $90 After Across-The-Board Inventory Draws | ZeroHedge