Happy Thursday. Markets are happy, so everybody smile!
Question of the day: How much does a government shutdown cost? Maybe not as much as you think. (Seeking Alpha)
Now playing: President Barack Obama, as the politician who cried wolf. (Politico)
In reality, the two sides really aren't as far apart as it seems. The real issue now is all about saving face. (Los Angeles Times)
One thing that could help: The Republicans appear ready to keep the government shutdown going while making sure the bills get paid. (Washington Examiner)
The Meredith Whitney Advisory Group is dead—long live Meredith Whitney! (DealBreaker)
And, finally ... still not convinced a debt deal is coming? Jim Chanos says it is, because Wall Street says it is. CNBC's Matthew Belvedere explains.
—By CNBC's Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.
Jefferies is backing a former SAC executive despite its own struggle with insider trading at an internal hedge fund.
Hedge funds that bet on corporate events have long been industry darlings; clients remain bullish despite July losses.
Wall Street banks may appear to be offering higher salaries to junior employees, but the increase may not be as generous as it looks.
Investors may be warming up to the stock market, but they're taking the safe way in.
CNBC's Patti Domm and Jeff Cox discuss the jobs report and the current dilemma of long-term unemployment.
CNBC's Patti Domm and Jeff Cox discuss the recent GDP numbers and what factors have been affecting it.
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
The lack of volume in this market might make it hard for the rally to continue, says veteran trader Art Cashin.
The mid-term election will be a disappointment—but that's a good thing for Wall Street, says hedge-fund manager Todd Schoenberger.
Charles Schwab has lost a case against Morgan Stanley, accusing it of improperly recruiting brokers from a Schwab San Francisco branch.