1. Mining billionaires Andrew and Nicole Forrest have brought the iconic boot brand RM Williams back to Australian ownership after a $190 million purchase. As part of the deal, Australian actor Hugh Jackman will sell his 5% stake worth around $10 million but will still remain brand ambassador (and potentially continue with commercials where he wears nothing but the iconic boots). Started in 1932 by Reginald Murray Williams, the Adelaide-based boot and bush outfitter factory employs 900 workers.

2. The UK watchdog, the Competition and Markets Authority (CMA) has found that Instagram failed to protect consumers from being misled by influencers paid to talk up and promote products and services on the social media platform. According to social-insights firm Captiv8, influencers with more than a million followers can earn more than A$28,000 a post they make on behalf of advertisers. Instagram says it will act to catch influencers failing to disclose they’ve been paid for these promotions. Last month, research found that "more than three-quarters" of influencer advertisements on Instagram buried their disclosures within their posts.

3. Nancy’s had enough! The House Speaker in Washington, the Democrats’ Nancy Pelosi (who has to be one of the most powerful women in the world) told Donald and his Republican buddies they have 48 hours to agree to a stimulus deal before the election or it’s no deal! “In an interview on ABC News on Sunday, Pelosi said the deadline has to do with lawmakers’ ability to get a deal done before the November 3 election, which is just over two weeks away. The speaker said she’s optimistic about negotiations but that the outcome ultimately depends on the White House.”(CNBC) The stock market would love a deal but who knows how Donald and his team will play this, with only two weeks to go before we see if Donald is the 10^th US President to be a oncer.

4. With the Kiwis emphatically supporting Jacinda Ardern as PM at the weekend election, Bloomberg has posed the question: are voters looking for a more inclusive and less divisive kind of political leader? The implication is that the likes of Donald Trump and Boris Johnson in the UK (with his tapping into Brexit and an intolerance of new age inclinations) has run its course. The US election will be an interesting test of this Bloomberg hypothesis. Are Americans embracing inclusiveness or are they are still dominated  by a ‘good old boy’ ethos? November 3 will be a huge news event, where Wall Street’s reaction will be closely watched by stock markets worldwide.

5. Both the Dow Jones and S&P 500 closed higher on Friday after three consecutive days of losses, while the Nasdaq remained down. For the week, the Dow was up 112.84 points or 0.40% to 28,607.04, the S&P 500 was just 0.57 points or 0.02% higher to 3,483.91 and the Nasdaq was down 42.31 points or 0.36% to 11,671.56.