Morning News: July 20, 2022

‘My Worldview Has Been Destroyed’: Chinese Banking Scandal Tests Faith in the System

Russia Is China’s Top Oil Supplier for 2nd Month, Saudi Volumes Tumble

Putin Signals Russian Gas Will Resume in a Key Pipeline but at a Reduced Level

Inflation Climbs to 9.4 Percent in Britain, a New 40-Year High

Italy Is Haunted by the Pain of Past Economic Crises

ECB Being Pulled in Multiple Directions as It Preps First Rate Rise in Decade

Powell’s Econ-101 Lesson Presents Best-Case Inflation Scenario

Bernstein Strategists Say Stocks Have Yet to See Capitulation

Blackstone Sees Fed Funds Rate Near 5% on Longer Hiking Cycle

Sam Bankman-Fried Turns $2 Trillion Crypto Rout Into Buying Opportunity

CFPB to Push Banks to Cover More Payment-Services Scams

Mortgage Demand Drops to a 22-Year Low as Higher Interest Rates and Inflation Crush Homebuyers

Home Building Stalls as the Real Estate Market Cools. That Won’t Help Affordability

As EVs Go Mainstream, A Rush for Share of Home Charger Market

The Pilot Shortage Is About to Get A Lot Worse

Eric Adams Says NYC ‘May Not Have Central Business Districts Anymore’ as Remote Work Persists

Twitter-Musk Trial Set for October in Lawsuit Over Stalled $44 Billion Takeover

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Posted by on July 20th, 2022 at 7:07 am


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