For: September 1, 2026
>>Wall Street Welcomes Brand New Trading Month
(New York, NY) -- The opening bell rings this morning as Wall Street ushers in a brand new trading month. Stocks closed lower Monday to cap what was otherwise a positive month. Stocks fell as oil prices jumped after the U.S. and Iran traded strikes for the first time in over a month. Trading remained volatile due to heightened tensions in the Middle East, but markets still posted broad gains in August. At the closing bell, the Dow Jones Industrial Average lost 374 points to 53-185. The S&P 500 fell 25 points to 76-86. The Nasdaq lost 31 points to 26-370.
>>Jobs In Focus This Week
(Undated) -- The Labor Department's Jobs Openings and Labor Turnover Survey, or JOLTS report, is due out today. That will be followed by ADP's monthly hiring survey on Wednesday, weekly jobless claims on Thursday and the government's always highly-anticipated monthly jobs report on Friday.
>>Tim Cook's Time As Apple CEO Comes To A Close
(Cupertino, CA) -- Tim Cook's time as CEO of Apple is over. In his final memo as CEO to the company on Monday, Cook praised Apple employees saying, "The truth is, whatever there is to say about my success, I know it is all because of you." He's officially making the transition into the role of executive chairman today. John Ternus will take over as Apple's new CEO with plans to make sweeping changes to the management team. Ternus previously oversaw Apple's design and hardware engineering. Cook served as the head of Apple since 2011 when he took over for Steve Jobs.
>>Pentagon Onboards New AI Platforms
(Arlington, VA) -- The Pentagon is bringing on Grok and ChatGPT for unclassified military use in a move to expand the number of AI assistants on the department's platform. The Pentagon said Grok for Government is meant to boost productivity and more "secure and efficient collaboration." The Department of War also said it's using ChatGPT Mil to help with "document-heavy unclassified work."
>>FTC Sues Amazon (Washington, DC) -- The Federal Trade Commission is suing Amazon. FTC Chairman Andrew Ferguson says the world's largest online retailer manipulated pricing and overcharged over a million advertisers. The lawsuit alleges 80-percent of sponsored product ad auctions were rigged. Twenty-two state attorneys general filed the lawsuit Monday accusing the company of making over 20-billion-dollars off the scheme since 2019. An Amazon spokesperson says it "strongly disagrees" and asserts the FTC doesn't understand how advertising works.
>>NYC Outdoor Dining Permanently Made Year-Round With Mayor's Signature
(New York, NY) -- Outdoor dining is going to be allowed in New York City all year long after Mayor Zohran Mamdani signed the bill into law. The Mayor says he expects a lot of positive impacts by making outdoor dining a permanent feature of the Big Apple. Mamdani claims previous regulations under former Mayor Eric Adams increased the cost for business owners since they had to build and then tear down their roadway dining structures by November.
