Morning News: August 28, 2023

Euro Zone Lending Growth Slows Further as Rate Hikes Bite

Lagarde Policy Silence Keeps ECB Interest-Rate Debate Raging

Why Central Bankers Are Unsure Whether They’ve Raised Rates Enough

China’s 5.5% Stock Rally Fizzles in Blow to Market Rescue Effort

Evergrande Loses $2 Billion In Value As Trade Resumes; Extends Creditor Voting

China’s Worsening Economic Slowdown Is Rippling Across the Globe

Biden’s Commerce Secretary Raimondo Says Trade Can Stabilize US-China Ties

Apple’s iPhone Supply Chain Splinters Under US-China Tensions

US-Sino Tensions Help Spawn China Card Game Craze

Fed’s Inflation Fight, China’s Slowdown Hammer Emerging Markets

Economists, and Their Comical Search For a Higher ‘Inflation Target’

Traders Have S&P 500 Comebacks Fading at Historic Pace

The ‘Fidelity Mafia’ Behind Big Crypto

Western Banks Help Fund Blacklisted Oligarch’s Charity

Consumers Are Spending Like It’s 2019

Auto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit Carmakers

3M Agrees to Pay More Than $5.5 Billion Over Combat Earplugs

Owens Corning Appears Insulated From High Rates

Hawaiian Electric Stock Surges. It’s Fighting Back Against Maui Wildfire Allegations

Broken Satellite Risks Big Claim in Shrinking Insurance Market

A.I. Brings the Robot Wingman to Aerial Combat

Please Support This Ice Maker: Big Manufacturers Try Crowdfunding to Market-Test Products

The Kingdom of Golf Carts

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Posted by on August 28th, 2023 at 7:11 am


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