Hurricane Idalia Makes Landfall, Labor Market Slowdown, and More
Source: Bloomberg, 4:37 #press
Switzerland Weighs New Money-Laundering Rules Amid US Criticism
Switzerland proposed new rules to toughen anti-money laundering laws as US officials ramp up their critique of what they say is weak sanctions enforcement. #press
Stubborn: The Bloomberg Close, Europe Edition
Good afternoon. Here’s what you need to know to end your day. #press
Troubled Borrowers To Reluctant Lenders: Back Us or Risk Bigger Losses
Welcome to The Brink. This is Giulia Morpurgo in London and Amelia Pollard in New York, where we’ve been following the rise of uptiering in Europe as borrowers push to get deals done. We also have the latest on China distress and a race by traders to trigger credit default... #press
A Bigger BRICS Is a Failure of US Leadership: Opinion (Podcast)
Source: Bloomberg, 1:09 #press
National Bank Slides on Credit, Trading-Driven Earnings Miss
National Bank of Canada’s profit slipped as it increased set-asides for risky loans, trading revenue tumbled and expenses rose. The shares fell to the lowest since early July. #press
Adam Posen on the Dangers and Risks of Biden’s China Strategy
How industrial policy goes wrong. #press
Surveillance: 'Screaming Buy' with Lyngen (Podcast)
Source: Bloomberg, 28:44 #press
Second Quarter GDP and Other Eco Data (Audio)
Source: Bloomberg, 8:29 #press
Idalia Makes Landfall, Trump's Trial in Georgia, and More
Source: Bloomberg, 4:56 #press
Transgender Employee Relocated out of Texas Shows Growing ESG Fallout
Indeed Inc. will pay $10,000 to help transgender workers move to states where they feel safer #press
A Tourist's Guide To Yield-Curve Carry: Macro Man Podcast
Source: Bloomberg, 05:13 #press
Tesla’s Cybertruck Is Long on Hype and Short on Specifications
Elon Musk hoped to start handing over pickups around the end of this quarter. He’s not yet ready to offer dates, pricing or other key details. #press
GSK Invests €250 Million to Allow Freeze-Drying of Vaccines
GSK Plc will invest more than €250 million ($272 million) in a Belgian site for vaccines as the country builds on its position as a global health and biotech hub. #press
One Woman's Story of the Cutthroat TV Industry (Podcast)
Source: Bloomberg, 16:50 #press
China Developer Vanke Profit Slides 19% Amid Property Woes
China Vanke Co., the country’s second-largest developer by sales, reported lower profit in the first half, underscoring how even developers with partial state support aren’t immune to an unprecedented housing slump. #press
Russia Is the Big Winner From OPEC+ Output Cuts
Higher prices have more than offset lower supply, in stark contrast to the situation faced by Riyadh. #press
Trump's Reckless Tariff, Trump's Court Date, and More
Source: Bloomberg, 4:32 #press
Florida's 'Woke' Ban Meets Skeptical Judges (Podcast)
Source: Bloomberg, 18:15 #press
Sanders Urges Automakers to Reach ‘Fair’ Contract With UAW
The three biggest US carmakers should sit down with the United Auto Workers union and “negotiate a contract that is fair to workers” in order to avoid a potential strike, US Senator Bernie Sanders said. #press
