Tuesday, November 28, 2023
HomenetnetMorning six-pack: What we're reading Friday

Morning six-pack: What we’re reading Friday

Happy Friday. Nothing like a morning six-pack to cut right through the abundance of fluffy snow and frigid temps here in the Northeast.

Not into bitcoin? Then here's an idea to really drive you crazy: An oil-backed currency. (OPEC)

If you think New York lost a lot of its character over the past eight years, you ain't seen nothin' yet. New Mayor Bill de Blasio is about to end the horse-drawn carriage ride. It's probably only a matter of time until he institutes an 8 p.m. curfew. (Huffington Post)

In 2014, the inflation threat that has loomed for so many years finally may come home to roost, according to mutual fund heavyweight Michael Aronstein. (Financial Times)

So who put genetically modified organisms in your Cheerios today? The answer soon will be … nobody, as the General Mills cereal cuts the crap. (Reuters via Chicago Tribune)

Headlines you never thought you'd see: Plans to shutter Fannie Mae and Freddie Mac may be put on hold because they're just making too much money. (Los Angeles Times)

And, finally … here's the ugly side of the rebound in housing: All those potential foreclosures that didn't happen since the financial crisis may start coming to fruition. CNBC.com's John W. Schoen explains.

—By CNBC's Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.


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