Morning News: July 28, 2023

China’s Push to Expand BRICS Membership Falters

Europe Avoids China’s Belt and Road Forum, Keeping a Distance From Xi and Putin

Europe Vowed to Make Russia Pay for the War. It’s Not That Easy

Global Bonds Slide on Surprise Bank of Japan Move

He Held Up a Bank to Get His Own Money

Social Security’s Next Cost-of-Living Raise Is Forecast Around 3%

Wall St. Pessimists Are Getting Used to Being Wrong

Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet

$2 Billion Default Followed Warnings to Everyone but Investors

What Fed Hikes? Much of America’s Consumer Debt Is Still Riding Ultralow Interest Rates

The Extreme Solutions That Can Fix Climate Change

Exxon and Chevron Stalk More Shale Deals as Profits Dip

Volkswagen Seeks to Reclaim China Crown in Deal With EV-Maker XPeng

Ford Raises Profit Forecast Despite Steeper EV Losses

5 Ways That Buying a Car Has Drastically Changed

Biogen to Buy Reata for $7.3 Billion in Rare-Disease Expansion

Aided by A.I. Language Models, Google’s Robots Are Getting Smart

P&G Earnings Show Its Pricing Power Endures

The Former Banker Gambling on FanDuel’s American Dream

Adidas Plans Sale of Second Yeezy Batch to Eat Into Stockpile

Wanted: Turnaround Artist to Revive Tired Clothing Brand. Apparel Experience Optional

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Posted by on July 28th, 2023 at 7:03 am


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