Big day in the legal battle between President Trump and Fed governor Lisa Cook. The econ team at Barron's has coverage of today's hearing. barrons.com/livecoverage/t…

In the opening chapters of Moby Dick, Ishmael arrives in the town of New Bedford. He is a stranger and there is no room for him at the inn. What story could be more iconic and timeless? Here is a crucial commercial hub with a scarcity of lodging in need of supply side reform.

I guess the question is whether the movie is set in WW2 or contemporary day? --> Paramount and Activision partner on Call of Duty live-action film cnb.cx/4paEIQb

I truly think that 1980 was simply the best year to be born for this exact reason. No other generation or year will ever get to say this.

Stifel Hires Launny Steffens, Ex-Merrill Leader and Co-founder of Spring Mountain Capital barrons.com/advisor/articl… via @BarronsOnline

Vanguard Is Dipping Into Active Stock ETFs. What Investors Should Know. barrons.com/articles/vangu… via @BarronsOnline

Wow. The unemployment rate for 16-24 year-olds is now at 10.5%

Interestingly, PCE has been above the Fed’s 2% target for 53 consecutive months

Powerball Jackpot Now at $1.8 Billion. How to Manage All That Wealth if You Win. barrons.com/advisor/articl… via @BarronsOnline

The Jobs Report Was Bad. It’s Hitting Bank and Brokerage Stocks. barrons.com/advisor/articl… via @BarronsOnline

NY Fed Survey shows median inflation expectations at 3.2% for 1-yr ahead at 3.0% for 5 years. Unemployment expectations rose while prospects for finding a job if unemployed dropped to 44.9% the lowest since the survey began in June 2013.

Robo-Advisor SigFig Rebrands as It Looks Beyond Digital Advice barrons.com/advisor/articl… via @BarronsOnline

The Fed Is Set to Cut Rates Next Week. Thursday’s Inflation Report Could Suggest It Shouldn’t. barrons.com/articles/feder… via @BarronsOnline

Robinhood Launches Social Media Network for Investors barrons.com/advisor/articl… via @BarronsOnline

Larry Ellison Passes Elon Musk as World’s Richest Person trib.al/7lJ8EKg

Oracle May Be Having Its Nvidia Moment. Or It Could Be a Repeat of 1999. barrons.com/articles/oracl… via @BarronsOnline

Labor Department Weighs In on Morgan Stanley’s Advisor Deferred Comp Battle barrons.com/advisor/articl… via @BarronsOnline