Regardless of whether Former President Donald Trump or Vice President Kamala Harris becomes the next president of the United States, there’s at least one clear loser — deficit hawks. Read more...

The crypto market is closely tracking the stock market’s movements, reflecting broader economic trends. After a surge on Friday, spurred by a strong jobs report, cryptocurrencies saw a downturn on Monday morning as escalating tensions in the Middle East weighed on investor sentiment. However, Nvidia’s (NVDA) AI summit…Read more...

The Dow pulled back on Monday morning, pressured by a sharp rise in Treasury bond yields, which surged to their highest levels in two months. Escalating tensions in the Middle East added further uncertainty, contributing to a cautious market sentiment and an increase in oil prices. Read more...

Former President Donald Trump has been publicly critical of the sitting president’s signature climate bill and its benefits for clean energy. But even the oil lobby apparently wants to save the Inflation Reduction Act — just without some of the benefits for rival industries and products. Read more...

Goldman Sachs (GS) raised it forecast for the S&P 500 by year-end as the U.S. economy shows increasing signs of resilience. Read more...

A version of this article originally appeared in Quartz’s members-only Weekend Brief newsletter. Quartz members get access to exclusive newsletters and more. Sign up here.Read more...