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Wall Street Crisis - stock photo

Welcome back! Hopefully you didn't get too wild if you had a boozy brunch on Sunday. A few restaurants added fees for parties that don't drink responsibly

In today's big story, we're looking at why strong earnings results from some big banks weren't necessarily the big win markets were hoping for. 

What's on deck: 

  • Markets: Weight-loss drugs are about to turn the stock market



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Rite Aid exterior
Rite Aid's stock has fallen by nearly 81% since the start of the year.
  • Rite Aid filed for voluntary Chapter 11 bankruptcy on Sunday following slumping sales and a series of lawsuits.
  • The 61-year-old pharmacy chain listed $3.3 billion in debt as of June, not counting pending opioid litigation.
  • In recent years it's faced growing competition from DTC pharmacy startups



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MBS/Blinken
Saudi Arabian Crown Prince Mohammed bin Salman meets with U.S. Secretary of State Antony Blinken in Riyadh, Saudi Arabia on October 15, 2023.
  • Mohammed bin Salman reportedly kept Antony Blinken waiting for hours for a meeting, then didn't show, a report said. 
  • It came as Blinken, the US secretary of state, tried to persuade the Saudi ruler to

Category



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Doron Ben-David and Lior Raz in fauda, crouching down on the ground and holding handguns.
Lior Raz (right) in Netflix's "Fauda."
  • Stars of Netflix's "Fauda" about an undercover Israeli army unit have rejoined the IDF in real life.
  • Lior Raz helped extract families from a town in southern Israel with heavy rocket fire.
  • Idan Amedi posted a video in uniform saying, "This is not a scene from 'Fauda.' This is real life."

Israeli stars of "Fauda," a Netflix show about an elite



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The LinkedIn logo is displayed in the Apple App Store on an iPhone.
The LinkedIn logo is displayed in the Apple App Store on an iPhone.
  • LinkedIn told employees in an email Monday that it's cutting more than 600 roles. 
  • The professional networking platform said the cuts will be across its engineering and product team.
  • The company confirmed the layoffs in a press release.

LinkedIn is making further cuts to its



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Our experts answer readers' investing questions and write unbiased product reviews (here's how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own.

Headshots of two successful investors: Tiffany James (L), a black woman with dreadlocks wearing a black shirt, and Imani Porter (R), a black woman with straight hair and sunglasses wearing a yellow shirt while holding a drink.
Tiffany James, left, and Imani Porter.
  • It's easier than ever to start investing using apps.
  • We asked two successful