Morning News: June 26, 2024

Red Sea Turns More Deadly as Houthis Ramp Up Attacks

Nordic Fund KLP Excludes Caterpillar from Portfolios Due to Israel Sales

Yen Slides to Weakest Since 1986, Raising Risk of Intervention

How India’s Rupee Went From Most to Least Volatile in Asia

For American Brands Worried About China, Is India the Future?

Full-Blooded Extension of RBA’s Tightening Cycle Now on the Cards

Bond Market in Step With Fed Is About to Slam Into US Election

Wall Street Banks Accelerate Buybacks Ahead of Fed Stress Tests

Taxing Super-Rich Debate Should Start with 2% Levy, Says Economist Behind Plan

IRS Apologizes to Billionaire Ken Griffin for Leak of Tax Records

The Last 72 Hours of Archegos

Biden Tariff Complaints Pile Up From Welders to Nurses

Why Many C.E.O.s Are Silent on the Biden-Trump Rematch

Go Woke, Go Broke? Not a Chance, Say Ben and Jerry

The A.I. Boom Has an Unlikely Early Winner: Wonky Consultants

When the Terms of Service Change to Make Way for A.I. Training

When Your Building Super Is an A.I. Bot

AI Obsession Obscures Bigger Promise of Climate Tech

Texas’ Extreme Weather Pileups Point to World’s Climate Future

EU Refines Tariff Rates Set to Hit Electric Vehicles From China

Volkswagen’s $5 Billion Investment in Rivian Boosts EV Maker’s Shares

Tesla Is About to Lose Its EV Market Majority in the US

Musk’s Population Obsession Comes With a Dark History

Southwest Airlines Cuts Revenue Outlook

YouTube Dominates Streaming, Forcing Media Companies to Decide Whether It’s Friend or Foe

Why the N.F.L. Put a $7 Billion Antitrust Case in the Hands of an Unpredictable Jury

Sports Retailer Hopes Must-Have Gear and Seasonal Deals Can Entice Wary Shoppers

Be sure to follow me on Twitter.

Posted by on June 26th, 2024 at 7:04 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.