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The first word in business news. Our newsletters: http://bloom.bg/newsletters Our podcasts: http://bloom.bg/podcasts The Big Take podcast: http://trib.al/jtoXfuT ( feed imported by https://press.coop )

Fed Latest: China Still Embedded in US Supply Chain, Paper Finds

China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve’s conference in Jackson Hole, Wyoming. #press

https://www.bloomberg.com/news/articles/2023-08-26/fed-latest-china-still-embedded-in-us-supply-chain-paper-finds?utm_source=press.coop

Harris Taps Wall Street, Hollywood Ties to Deliver Biden Donors

Vice President Kamala Harris draws unfavorable marks from more than half of Americans, but that hasn’t stopped her from becoming a prolific fundraiser for President Joe Biden’s reelection campaign. #press

https://www.bloomberg.com/news/articles/2023-08-26/harris-taps-wall-street-hollywood-ties-to-deliver-biden-donors?utm_source=press.coop

Japan Coalition Member Postpones China Trip Amid Fukushima Spat

Japanese politician Natsuo Yamaguchi postponed a trip to Beijing at the request of the Chinese, the first tangible casualty of China’s unhappiness with Japan’s decision to release treated wastewater from the wrecked Fukushima nuclear power plant. #press

https://www.bloomberg.com/news/articles/2023-08-26/japan-coalition-member-postpones-china-trip-amid-fukushima-spat?utm_source=press.coop

What’s Going on With China’s Economy: Your Week of Big Take

China’s $18 trillion economy is decelerating. Consumers are downbeat, exports are struggling, prices are falling and more than one in five young people are out of work. #press

https://www.bloomberg.com/news/newsletters/2023-08-26/what-s-going-on-with-china-s-economy-your-week-of-big-take?utm_source=press.coop

Nvidia’s Soaring Value and Enthusiastic Investors Top the Week’s AI News

This week, the white-hot enthusiasm for AI is generating new value in the equity markets and for strategically positioned companies, even as overall tech funding remains squeezed. #press

https://www.bloomberg.com/news/newsletters/2023-08-26/nvidia-s-soaring-value-excited-investors-top-the-week-in-ai-news?utm_source=press.coop

Century-Old Swiss Watch Dynasty Ends With Scion Selling to Rolex

Over more than a century, three generations of Bucherers built one of the most exclusive watch and jewelry retailers in the world, selling expensive time pieces and glittering gems to the global rich and famous. #press

https://www.bloomberg.com/news/articles/2023-08-26/century-old-swiss-watch-dynasty-ends-with-scion-selling-to-rolex?utm_source=press.coop