Treasury yields hit 5.24% as PenFed drops a Pathfinder fee waiver

Tuesday’s United States brief: MongoDB slides on a CEO exit, PenFed bills every Pathfinder card $95, an FTC car-dealer spoof alert, a Mezzetta jar recall, passport processing times, and a CR grant-rule delay through Dec. 11.

Morning Briefing

AI Overview

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Grab a coffee, sit down, and start digesting today.

U.S. readers face wallet and travel friction today—from a mandatory PenFed fee and spoofed auto sites to a 0.8% S&P drop tied to 5.24% Treasury yields—while counties keep FY2026 grant rules until the Dec. 11 CR cliff.

S&P 500 closed at 7,683.69 Monday as the 10-year Treasury yield reached about 5.24%.
PenFed ended the Honors Advantage waiver; every Pathfinder card now carries a $95 annual fee.
FTC warns cloned dealership sites that demand wire deposits for cars that never arrive.
White House–Congress fight continues as a CR delays OMB’s Uniform Guidance rewrite to Dec. 11.
Mezzetta recalls 32-ounce Greek peperoncini lot 720106 after a pest contaminant report.
State Department still lists four-to-six-week routine passport processing before holiday trips.

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Stocks

CJ Desai Exit Sends MongoDB Down 18 Percent While Nvidia Buyback Fails to Lift Indexes

MongoDB shares plunged after CEO CJ Desai left for Meta, while rising Treasury yields and an OpenAI training pause kept the S&P 500 from holding its record despite Nvidia’s buyback news.

Nina Okonkwo Sep 29, 2026