Morning News: October 24, 2022

China Released Seemingly Rosy Economic Data. Shares Fell Anyway.

Xi’s Power Grab Spurs Historic Market Rout

Japan’s Suspected FX Intervention Fails to Stem Yen Slide

Wall Street Is Heading to Saudi Arabia as US Oil Spat Simmers

Europe’s Economy Contracts as Tough Winter Looms

Discounters Thrive as Cost-of-Living Crisis Hits European Households

Higher Interest Rates Can Take a Long Time to Bring Down Inflation

Most in NABE Survey Say US Already in Recession or May Be Soon

There Is a Rosy Projection for the US Economy. Americans May Not Have Felt It

The Way Los Angeles Is Trying to Solve Homelessness Is ‘Absolutely Insane’

The Fantasy of Instant Delivery Is Imploding

Palace Intrigue at UBS Pits CEO Against a Rising Star

Rising Shipping Costs Prompt Businesses to Get Creative With Deliveries

Meta-Backed Meesho Is Beating Amazon, Walmart in Race for Indian Shoppers

Starbucks Showdown in Boston Points to New Phase of Union Campaign

Tesla Cuts Prices in China as Costs Fall, Competition Heats Up

Elon Musk’s Twitter Takeover Seen Swelling the Company’s Debt

“My Price Will Only Go Up”: Collectors Bet on Nostalgia as They Resell McDonald’s Adult Happy Meals Toys

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Posted by on October 24th, 2022 at 7:05 am


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