Morning News: June 26, 2023

Wagner Mutiny Revives U.S. Fears Over Control of Russia’s Nuclear Weapons

Tech Startup Targets Missile Motors as Silicon Valley Moves Into Weapons

China Economy Gloom Worsens With Weak Consumer Spending Data

The U.S.-China Rivalry Is Complicating the World’s Debt Crisis

Philippines Agrees $1.14 Billion Loans with World Bank for Environment, Farming

Japan’s Top Currency Diplomat Escalates Warning Against Weak Yen

The Bank Robbers Who Are Stealing Their Own Money

Banks Rally, Lira Drops as Turkey Unwinds FX Support Mechanism

Where Stock Market Is Headed After Wild First Half: Five Charts

Morgan Stanley’s Wilson Says Stock Risks Rarely Been Higher

PacWest Sells $3.5 Billion Asset-Backed Loan Portfolio to Ares

Buy Now, Pay Later Programs Are Booming. Here’s Why Their Profits Aren’t

Apollo Leads $2 Billion Private Financing for Semiconductor Firm Wolfspeed

Palantir’s AI Surge Hardens Resolve of Stock’s Bears

What Is Happening in the Housing Market?

The Uneven Effect of Remote Work, in One List

New Rules Aim to Clamp Down on Corporate Greenwashing

China’s ‘Tesla Killer’ Stumbles as EV Price War Takes Toll

Deal for Formula 1 Team Reflects Growing U.S. Interest in the Sport

The Ultimate Score for Rich People? “Golden” Passports

Pill for Obesity Has Wall Street Salivating

Be sure to follow me on Twitter.

Posted by on June 26th, 2023 at 7:03 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.