Here's What a $5 Million Retirement Looks Like in America
Retirees open up about their financial lives and how they spend their time and money. #press
CFOs Are More Optimistic on Side-Stepping a Recession
Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. #press
Amazon Wants to Deliver Your Order Without a Box
The retail giant is trying to reduce packaging on millions of deliveries #press
https://www.wsj.com/articles/amazon-deliver-prime-speed-packaging-a616a135?utm_source=press.coop
Former U.S. Cyber Director Inglis Joins Advisory Firm Hakluyt
Chris Inglis, the former U.S. national cyber director who left the White House in February, has joined London-based corporate advisory firm Hakluyt & Co. #press
Tackling Retirement's Tricky Tax Questions
IRA and 401(k) tax questions never end, so here are answers to the latest ones from our readers #press
https://www.wsj.com/articles/tackling-retirements-tricky-tax-questions-f755409?utm_source=press.coop
How Hot Is It, Really? Temperature Indexes Disagree
Alternative measures that factor in humidity, sunlight and wind speed can be misleading. #press
Who Are the Prosecutors Helping Jack Smith Take On Donald Trump?
The special counsel inherited a team of attorneys experienced with public-corruption cases. #press
Chinese Banks' Loan Issuance Shrinks
Banks in China issued a smaller-than-expected amount of new loans in July, signaling that credit demand remained weak. #press
IEA Raises Oil Supply Forecasts as U.S. Producers Counter OPEC+ Cuts
The IEA said it expects oil supplies to rise by 1.5 million barrels a day next year but moderated its demand expectations, pointing to a more balanced oil market that could cap oil prices. #press
UBS Sheds Swiss Government Aid for Credit Suisse Takeover
The Swiss bank says it no longer needs a $10 billion backstop or liquidity lines. #press
Gilt Yields Rise After Above-Forecast UK GDP Data
Gilt yields rose after the latest U.K. GDP data came in stronger than expected, raising the prospect of more BOE interest-rate rises. #press
Rio Tinto Says Simandou Partners Have Reached Infrastructure Agreements
Rio Tinto said agreements have been reached between companies seeking to develop the giant Simandou iron-ore project and the government of Guinea on the infrastructure needed to export the steelmaking ingredient. #press
Rovio Backs Outlook, Takeover by Sega Nears Completion
Rovio reiterated its full-year guidance, and Sega received acceptances for the takeover deal from shareholders holding 96.3% of the shares. #press
UK Economy Grows Slightly More Than Expected
U.K. GDP grew 0.2% in the second quarter, helped by growing services and industrial output, despite strikes, a series of bank holidays and continued high inflation weighing on growth. #press
UBS Ends Credit Suisse Loss-Protection Pact
UBS said it has terminated an agreement with the Swiss government to cover some potential losses from its acquisition of Credit Suisse and a liquidity backstop from the central bank, as it moves forward with the integration of its former rival. #press
Even Jimmy Butler Had to Witness the Hottest Village Basketball League in China
An amateur basketball league became an improbable nationwide phenomenon, with the Miami Heat star among the out-of-towners who made a trip to witness the spectacle. #press
https://www.wsj.com/articles/china-village-cun-ba-jimmy-butler-8d489f02?utm_source=press.coop
U.S. stocks edged higher after the release of the inflation data, with the S&P 500 gaining less than 0.1%. The Dow and Nasdaq rose 0.2% and 0.1%, respectively.
U.S. stocks edged higher after the release of the inflation data, with the S&P 500 gaining less than 0.1%. The Dow and Nasdaq rose 0.2% and 0.1%, respectively. #press
Gold Edges Higher After Soft U.S. Inflation Data
Gold edged higher in Asia morning trading after soft U.S. inflation data buoyed investor optimism about the likelihood of the Fed pausing its interest-rate increases. #press
Cruise, Waymo Get Approval to Expand Driverless Vehicles in San Francisco
California regulator votes to allow autonomous car companies to add cars and charge for rides. #press
Ukraine's Sea Drones Alter Balance of Power in Black Sea
Kyiv has used the unmanned vessels to strike back at Russia’s more powerful navy and threaten Russian military supply lines and shipping lanes. #press