China's Crisis of Confidence in Six Charts
Chinese households are losing faith in the nation’s future. Unless Beijing can reassure them, they could drag down the entire economy. #press
Yuan Weakens Slightly on Growing Financial-Sector Risks in China
Yuan weakened slightly against USD in the onshore and offshore markets amid growing financial-sector risks in China. #press
Trump Focuses on Biden, Not GOP Rivals, in Tucker Carlson Interview
Trump Focuses on Biden, Not GOP Rivals, in Tucker Carlson Interview #press
Candidates Weigh In on Climate Change
It’s a pretty standard approach in debates, but the candidates weren’t having it. Many conservatives see concerns about climate change overblown, and a losing issue with their voters. But record-setting summer temperatures and extreme weather in California, Hawaii and elsewhere have put the issue back on the front burner. #press
https://www.wsj.com/articles/candidates-weigh-in-on-climate-change-95c0fe7e?utm_source=press.coop
Whitehaven Annual Profit Jumps Amid Surge in Coal Prices
Australian miner Whitehaven Coal reported a jump in annual profit after a surge in coal prices that more than offset cost inflation and weaker output. #press
Oil Falls on Weak Global Economic Data, Rising Supply Worries
Oil prices were lower in early Asian trade weighed by the weak global economic data and concerns over rising supply. #press
U.S. Charges Two Alleged Founders of Crypto Platform Tornado Cash with Money Laundering
U.S. prosecutors charged two individuals allegedly behind decentralized cryptocurrency mixer Tornado Cash, saying they conspired to launder illicit funds and to violate U.S. sanctions. #press
Russia Replaces Commander Detained After Mutiny
Ukraine says it has captured a Russian helicopter and its crew after they landed on Ukrainian soil. #press
Thought You Saved $60 on That Vacuum Cleaner? Think Again
A number of large retailers face legal challenges for allegedly deceiving consumers by tagging products as being on “sale,” even though their prices weren’t always discounted. This common marketing tactic is making a comeback as struggling retailers try to appeal to price-conscious consumers. #press
China, Russia Deliver Broadsides Against the West at Brics Summit
The leaders of Beijing and Moscow used the meeting to set out their complaints against the West and voice support for the developing economies of Africa, South America and Asia. #press
Advance Auto Parts Finance Chief Exits Amid Leadership Shakeup
Jeff Shepherd has left the company; Tony Iskander named as interim CFO. #press
Peloton Shares Plunge as It Warns of Continued Losses
The fitness-bike maker says it expects negative cash flow in next two quarters. #press
European Natural Gas Prices Fall as Market Eyes Woodside Labor Talks
European natural gas prices edged lower as the market awaited news from a round of talks aimed at avoiding a strike at a key Australian LNG export facility. #press
Hundreds of Afghan officials from the former government have been subjected to executions, torture or disappearances under Taliban rule, a U.N. investigation found.
Hundreds of Afghan officials from the former government have been subjected to executions, torture or disappearances under Taliban rule, a U.N. investigation found. #press
Stocks edged lower after disappointing earnings reports from retailers. The S&P 500 declined 0.3%, while the Dow Industrials fell 0.5%.
Stocks edged lower after disappointing earnings reports from retailers. The S&P 500 declined 0.3%, while the Dow Industrials fell 0.5%. #press
Hollywood Studios Make Public Their Latest Offer to Striking Writers
Among the concessions the studios said they offered are a guaranteed minimum length of employment, controls around the use of generative AI and wage increases. #press
North Korea has resumed air travel with China after a hiatus of over three years, as Kim's regime starts to restore connections with the outside world.
North Korea has resumed air travel with China after a hiatus of over three years, as Kim's regime starts to restore connections with the outside world. #press
What's News: Business & Finance
What’s News: Business & Finance #press
https://www.wsj.com/articles/whats-news-business-finance-14342598?utm_source=press.coop
What's News: World-Wide
What’s News: World-Wide #press
https://www.wsj.com/articles/whats-news-world-wide-8df28cc8?utm_source=press.coop
Mining Companies Look For Treasure in Scrapyards
Rio Tinto, Glencore and others seek to burnish their green credentials and gain a competitive edge as energy transition stokes demand for commodities #press