Financial Times: Goldman Sachs (GS.N) collected over $200m in fees from hedge-fund positioning-intelligence services.

On Sept. 23 the Zhejiang Provincial Development and Reform Commission held a meeting to advance key service-sector work, directing authorities to prioritize high-value, characteristic service tracks using the 80/20 rule and tailor strategies to local conditions. It instructed officials to focus on firms and platforms, leverage professional markets and digital-economy platforms to drive cluster formation and demonstration effects, produce concrete itemized work lists, and accelerate planning and delivery of a set of landmark outcomes.

Fed official Paulson said the Fed may need to hike rates again to bring down inflation.