Morning News: June 14, 2023

China Opens a New Era of ‘Proactive Easing’ as the Economic Recovery Turns Sour

Investors Are Putting Big Money Into Japan Again. Here’s Why

Affordable Housing Woes Paint a ‘Bleak Picture’

Food Prices Rise Even as Inflation Eases, Straining Consumers’ Budgets

There’s a Widening Spending Gap Between Retirees and Younger Adults

The Great Inflation Scare Reaches Its Final Phase

Ken Griffin Ramps Up Credit Bets, Anticipating US Recession

Odey Swan Fund Assets Collapsed 37% in Two Days Before Closing

BlackRock and Brookfield Are Betting Big on Tiny Solar Farms in Chile

Generative A.I. Can Add $4.4 Trillion in Value to Global Economy, Study Says

Nvidia Joins $1 Trillion Club, Fueled by AI’s Rise

Europeans Take a Major Step Toward Regulating A.I.

Biggest Losers of AI Boom Are Knowledge Workers, McKinsey Says

Google Risks Break Up as EU Attacks Abuse of Ad Tech Power

Spotify Takes a Sharp Turn With Its $1 Billion Podcast Division

Toyota Shares Hit 16-month High as Shareholders Endorse Board, New EV Strategy

The ‘Taxi Prince’ Is Taking on Uber—and Winning

Shell Launches New Strategy Courting Investors, Not Activists

Bud Light Loses Title as Top-Selling U.S. Beer

Instant Brands, Maker of Instant Pot and Pyrex, Files for Bankruptcy

Starbucks Union Says Stores Had to Take Down Pride Décor. Company Disagrees

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Posted by on June 14th, 2023 at 7:04 am


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