The Economic Losers in the New World Order
Giant subsidies and rising protectionism are upending decades of free trade. Smaller countries, from the U.K. to Singapore, are getting left behind. #press
https://www.wsj.com/articles/global-economy-economic-losers-fba30b53?utm_source=press.coop
Backpedaling (Monday Crossword, August 14) #press
https://www.wsj.com/articles/backpedaling-monday-crossword-august-14-afdef986?utm_source=press.coop
Pepper...and Salt
Pepper...and Salt #press
https://www.wsj.com/articles/pepper-and-salt-c894a8e?utm_source=press.coop
What's News: World-Wide
What’s News: World-Wide #press
https://www.wsj.com/articles/whats-news-world-wide-e0a0b8b8?utm_source=press.coop
Hunter Biden Says Prosecutors Reneged on Plea Deal
In a brief filing, Biden’s legal team said prosecutors largely dictated terms for a now-defunct agreement under which the president’s son was to plead guilty. #press
L'Occitane Shares Rise on Takeover Offer
L’Occitane International’s shares rose sharply on hopes of an attractive offer from its controlling shareholder to buy shares that he didn’t already hold. #press
https://www.wsj.com/articles/loccitane-shares-rise-on-takeover-offer-ddd40fce?utm_source=press.coop
What's News: Business & Finance
What’s News: Business & Finance #press
https://www.wsj.com/articles/whats-news-business-finance-1b058c11?utm_source=press.coop
Miami's Messi Mania: Ticket Prices Soar, Bars Are Packed
Superstar Lionel Messi sparked a craze in South Florida when he joined Major League Soccer’s worst team. #press
A Crypto Mystery: Who Controls This Stablecoin?
The market cap of TrueUSD has more than doubled since March, but some investors are concerned about its opaque ownership structure. #press
Big Banks Are Supposed to Fail Without Causing Panics. Is That Even Possible?
Bank failures in the U.S. and in Switzerland have exposed gaps in the regulatory regime built up after the 2008 bailouts, some officials say. #press
Miami's Messi Mania: Ticket Prices Soar, Bars Are Packed
Superstar Lionel Messi sparked a craze in South Florida when he joined Major League Soccer’s worst team. #press
Asian Currencies Mixed; May Weaken on Higher 2- and 10-Year Treasury Yields
Asian currencies were mixed against USD in the morning session but may weaken on higher 2- and 10-year Treasury yields, which boost the appeal of U.S. fixed-income assets and demand for the greenback. #press
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San Francisco is desperate to save itself from a doom loop #press
https://www.wsj.com/articles/more-amp-raquo-833f6aab?utm_source=press.coop
You Made a Nice Profit Selling Your House? Beware What Happens Next
There’s a good chance you’ll overpay for your next one, according to a study. #press
https://www.wsj.com/articles/house-sell-profit-overpay-37d67253?utm_source=press.coop
Gold Edges Lower Amid Rising Treasury Yields
Gold edged lower in the early morning Asian session amid rising Treasury yields, which undermine the appeal of the non-interest-bearing precious metal. #press
Oil Futures Fall in Likely Technical Correction
Oil futures fell in the early morning Asian session in a likely technical correction after ending higher Friday in a seventh consecutive weekly gain. #press
Friend of Assassinated Presidential Candidate in Ecuador Replaces Him in Race
Christian Zurita said he will continue the fight against organized crime and drug trafficking led by Fernando Villavicencio, who was shot dead on Wednesday. #press
Australia Shares Shape for Lower Open Amid Earnings Flurry
Australia’s S&P/ASX 200 looks likely to slip lower at the start of a session dominated by a flurry of company earnings. #press
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What happens when bosses make less money than their employees #press
https://www.wsj.com/articles/more-amp-raquo-6ae6fd1a?utm_source=press.coop
Maui Undertakes Its Own Wildfire Relief Efforts: 'We're Not Going Anywhere'
Our reporter spent days on the island. Here’s what she saw. #press