Morning News: October 13, 2023

U.S. Clamps Down on Russian Oil Sales With New Sanctions

The Oil Price Has a Safety Valve. Gas Doesn’t

China on Brink of Deflation Again Reveals Still-Weak Rebound

Investors Bet Thriftier Chinese Shoppers Are Here to Stay

Across U.S., Chinese Bitcoin Mines Draw National Security Scrutiny

Inflation Slowdown Remains Bumpy, September Consumer Price Data Shows

The Latest Tool to Refinance Short-Term Debt: Double-Dip Financing

JPMorgan Notches Another Net Interest Income Record, Lifts Guidance

Wells Fargo Raises Interest Income Forecast as Third-Quarter Profit Beats Estimates

BlackRock Clients Pull $13 Billion From Long-Term Funds

Dreams of Big Bond Gains Backfire With $10 Billion ETF Loss

Sam Bankman-Fried’s Lawyers Fail To Shake Ellison’s Account About FTX Crimes

Microsoft-Activision’s $69 Billion Pact, Biggest Gaming Deal, Cleared by UK

Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market

Detroit’s Electric Reckoning Has Arrived

Why Being an Auto Worker Isn’t as Lucrative as It Used to Be, in Charts

Detroit Carmakers Paid $1 Billion to CEOs as Auto Wages Slumped

South Korea Had High Hopes for 5G. What Happened?

Verizon Turns to Inside Fixer to Pull Mobile Giant Out of Downward Spiral

Your Face May Soon Be Your Ticket. Not Everyone Is Smiling

Green Energy Builders Sought Billions More in Subsidies. New York Said No.

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Posted by on October 13th, 2023 at 7:03 am


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