Morning News: August 12, 2024

China Touts Olympic Gold Medal Tie With US as New Sign of Power

China Regulators Tell Some Rural Banks to Renege on Bond Trades

U.S. Officials to Visit China for Economic Talks as Trade Tensions Rise

Inflation Hurts Most for the Things We Can’t Skimp On

Americans’ Refusal to Keep Paying Higher Prices May Be Dealing a Final Blow to US Inflation Spike

Tim Walz’s Investment Strategy Makes Him an Outlier

Bonds Are Back as a Hedge After Failing Investors for Years

Private Credit Enters Risky Terrain With Huge Bets on Consumers

Hedge Funds Smell Blood as Lenders Turn on Each Other

‘There Could Be Social Unrest’: Finance Veterans on the Next Big Risk

Drahi’s BT Exit Follows $1.3 Billion Drop in Stake’s Value

Adani Stocks Drop as Hindenburg Row With India Regulator Worsens

Apple and Alphabet’s Freakish Earnings Broke This Market Barometer

Sea Raises Seller Fees to Above TikTok, Temu to Lift Margins

OPEC Slightly Trims Oil Demand Forecast, Citing Softness in China

Gold Fields to Buy Osisko Mining for $1.6 Billion

Coffee Jumps Most in Five Weeks as Market Eyes Brazil Frost Risk

Why Naming Heat Waves Is So Controversial: Green Daily

AI Is About to Boost Power Bills—Who’ll Take Heat for That?

Labor Talks at US East and Gulf Coast Ports Reach an Impasse

McDonald’s Goes to Washington. And Sacramento. And Albany.

Inside Worldcoin’s Orb Factory, Audacious and Absurd Defender of Humanity

Brands Love Influencers (Until Politics Get Involved)

Bari Weiss Knows Exactly What She’s Doing

Why Schools Are Racing to Ban Student Phones

Los Angeles, Next Up for Summer Olympics, Hopes to Turn a Profit

Disney Details Vast Theme Park Expansion Projects

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Posted by on August 12th, 2024 at 7:05 am


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