Morning News: August 26, 2022

The World’s Rivers, Canals and Reservoirs Are Turning to Dust

China’s Record Drought Is Drying Rivers and Feeding Its Coal Habit

UK Energy Bills to Rise by 80% in October as Regulator Announces Hike

Underwhelming Iowa Corn Crop Sets Stage for More Food Inflation

The Crypto World Can’t Wait for ‘the Merge’

Crypto’s Real Value Was Never $3 Trillion

Fed Watchers Scrutinize Jackson Hole for Hints on Interest-Rate Outlook

Powell Is Not Likely to Tell Investors What They Want to Hear in Jackson Hole Speech

IRS Revenue Boost From Stronger Enforcement Is Scaled Back in CBO Estimate

Alibaba, JD.com, and Other China Stocks Rose on Potential Deal Ending U.S. Delisting Risk

How Elon Musk Plans to Kill Off Cellphone Dead Zones Across the US

California E.V. Mandate Finds a Receptive Auto Industry

Dollar Stores Report Higher Sales as Shoppers Seek Inflation Relief

Gap Posts Surprise Profit on Banana Republic Boost; Withdraws Forecasts

Peloton Slides as Bleak Forecast Douses Hopes of Quick Turnaround

Ford Trucks in $1.7 Billion Verdict Weren’t Subject to Tougher Safety Rules

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Posted by on August 26th, 2022 at 7:02 am


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