Morning News: August 9, 2023

China Slides Into Deflation as Consumer, Factory Prices Drop

China Sprints Ahead in Race to Modernize Global Money Flows

U.S. to Ban Some Investments in China

Japanese Carmakers See Next Few Years as Fight for Survival in China

Another Chinese Property Giant Teeters, Raising Worries About the Economy

Why Germany’s Property Sector is in the Dumps

First Scorched, Then Soaked: Weather Whiplash Confounds Farmers

First American City to Tame Inflation Owes Its Success to Affordable Housing

Bond Traders Prepare to Brave ‘Painful’ Yield Curve Bets as Rate Hikes Slow

Moody’s Says US Banks Are Still Strong Despite Downgrades

The Reality of ESG Is Messier Than the Stark Politics Around It

Total Household Debt Reaches $17.06 Trillion in Q2 2023; Credit Card Debt Exceeds $1 Trillion

How to Catch Pandemic Fraud? Prosecutors Try Novel Methods

WeWork’s ‘Substantial Doubt’ About Its Future Marks a Stunning Fall

For Younger Workers, Job Hopping Has Lost Its Stigma. Should It?

Amazon Is in Talks to Become Anchor Investor in Arm IPO

At This Point, Zoom Could Use Another Pandemic

Ford Shuts Down in Brazil, and China’s Top EV Maker Comes to the Rescue

The Weight-Loss Drug Frenzy Is Outrunning the Company Behind It

ESPN Is Getting Into Sports Betting With Penn Entertainment

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Posted by on August 9th, 2023 at 6:47 am


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