Morning News: May 17, 2023

EU States Approve World’s First Comprehensive Crypto Rules

China’s Recovery Loses Steam, Signaling Trouble for Global Economy

U.S. Tech Espionage Team Unveils First Cases Involving China and Russia

UBS Sees $35 Billion Gain on Credit Suisse, Warns of Legal Costs

‘Foreign Investors Are Back’: Japan Stocks Surge To Their Highest Since 1990

Wall Street’s Biggest Banks Face a Harsh Reality Check in China

Default Fears Rattle Main Street Investors

JPMorgan Asset Says Markets Are Right to Bet Fed Cuts Are Coming

Shoppers Boosted Retail Sales in April, Reversing Two Months of Declines

What Everyone—Except the U.S.—Has Learned About Immigration

America’s Biggest Source of Jobs Is Cooling Off

Americans Are Falling Behind on Their Bills

OpenAI’s Sam Altman Urges A.I. Regulation in Senate Hearing

The IRS Is Building Its Own Online Tax Filing System. Tax-Prep Companies Aren’t Happy

Burning Man Becomes Latest Adversary in Geothermal Feud

Drug Shortages Near an All-Time High, Leading to Rationing

Elon Musk Says Tesla Will Try Advertising

Siemens Raises Fiscal 2023 Guidance After 2Q Profit Soared

Here’s How Much Wealth You Need to Join the Richest 1% Globally

Taco Bell is Fighting to Cancel the ‘Taco Tuesday’ Trademark

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Posted by on May 17th, 2023 at 4:35 am


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