Bank of Montreal explores sale of some US branches, WSJ reports

FAT Brands is currently in discussions with advisers as it navigates restructuring talks with its bondholders. This development is significant as it highlights the company's efforts to manage its financial obligations and stabilize its operations. The outcome of these talks could impact the future of the brand and its ability to continue expanding in the competitive food industry.

The Bank of Montreal is considering selling its U.S. branches, which hold approximately $6 billion in deposits. This move reflects the bank's strategic shift as it evaluates its operations in the U.S. market. The potential sale could impact its presence in the region and reshape its focus on core markets, making it a significant development in the banking sector.

The Bank of Montreal is considering selling a group of its U.S. branches, which hold about $6 billion in deposits. This move reflects the bank's strategy to streamline operations and focus on its core markets. It’s significant as it highlights the ongoing adjustments banks are making in response to changing economic conditions and competition in the financial sector.

Jonathan Clements, a beloved columnist for the Wall Street Journal, has passed away at the age of 62. Known for his insightful personal-finance columns, he wrote over 1,000 pieces that resonated with readers and helped many navigate their financial journeys. His contributions to financial literacy and journalism will be missed, highlighting the impact one voice can have in guiding public understanding of personal finance.

First Brands Group is reportedly preparing for a potential bankruptcy filing, a move that could have significant implications for its operations and employees. This situation highlights the ongoing challenges faced by companies in the current economic climate, raising concerns about job security and the future of the brand. As the company navigates these turbulent waters, stakeholders are closely watching to see how this will unfold and what it means for the broader market.

Federal Reserve official Raphael Bostic has indicated that there will be no further interest rate cuts for the remainder of the year, according to a report by the Wall Street Journal. This decision is significant as it reflects the Fed's cautious approach to managing inflation and economic growth, which can impact borrowing costs and consumer spending.

Former President Donald Trump is anticipated to approve a deal regarding TikTok through an executive order later this week, according to reports from the Wall Street Journal. This move could significantly impact the app's operations in the U.S. and address ongoing concerns about data privacy and national security. As TikTok continues to be a popular platform among millions of users, the approval of this deal may provide clarity and stability for its future in the American market.

Masan Consumer is exploring the sale of a minority stake valued at up to $1 billion ahead of its planned IPO, according to a report by the Wall Street Journal. This move is significant as it could attract potential investors and provide the company with the necessary capital to expand its operations and enhance its market presence. The decision reflects a strategic approach to bolster financial resources before going public.

Tether is making headlines with its ambitious goal of reaching a $500 billion valuation through a $20 billion private funding round. This move could position Tether as one of the most valuable privately owned companies in the world, highlighting the growing influence and potential of the cryptocurrency market. As digital currencies continue to gain traction, Tether's success could pave the way for further investments and innovations in the sector.

Australia's Consumer Price Index (CPI) saw a year-on-year increase of 3.0% in August, indicating a steady inflation trend. However, core inflation appears to be cooling, which could signal a shift in economic conditions. This is significant as it may influence monetary policy decisions and affect consumer spending, making it a key point for economists and policymakers.

Jimmy Kimmel is making his return to late-night television after a six-day suspension, bringing excitement back to his fans. This comeback is significant as it highlights the resilience of late-night hosts and their ability to engage audiences, especially during challenging times. Kimmel's humor and perspective are expected to resonate well, making his return a noteworthy event in the entertainment landscape.

New Zealand has appointed a new central bank governor, a significant move that could influence the country's monetary policy and economic stability. This change comes at a crucial time as the nation navigates various economic challenges, including inflation and global market fluctuations. Understanding the new governor's background and approach will be essential for businesses and investors alike, as their decisions will shape the financial landscape in New Zealand.

Canadian privacy officials have raised concerns about TikTok's child data protection measures, stating they are inadequate. While TikTok plans to implement new measures to enhance its platform, the company disputes some of the findings. This issue is significant as it highlights ongoing debates about data privacy and the protection of minors online, which are critical in today's digital landscape.

Tether, a leading cryptocurrency firm, is reportedly aiming for a staggering $500 billion valuation as it prepares for a significant fundraising round. This ambitious move highlights the growing confidence in the crypto market and Tether's pivotal role within it. If successful, this valuation could set a new benchmark for the industry, attracting more investors and further legitimizing cryptocurrencies in the financial landscape.