Morning News: August 11, 2023

Turkey Finally Stamps Out Credit Oddity as Hikes Lift Loan Rates

Meloni-Style Capitalism is Reshaping Corporate Italy

Adani Ports Auditor Deloitte to Resign After Flagging Concerns

Biden Calls China’s Economy a ‘Ticking Time Bomb’

Interest Rates on Loans Hit 790% in Latin America’s Big Fintech Shakeout

U.K. Economy Grows Weakly

New U.K. Alcohol Taxes Cut Beer Costs In Pubs, But Other Drink Prices Will Rise

Hard Landing Is Here for Trade, Roiling World Export Champs

CFOs Are More Optimistic on Side-Stepping a Recession

UBS Ends Taxpayer Backstop Granted for Credit Suisse Rescue

Consulting Firms Are Paying Undergrads $25,000 to Do Nothing

Regulators Give Green Light to Driverless Taxis in San Francisco

UPS Pay Hikes for Package Handlers Raise Pressure on FedEx

Airline Passengers Will Be Forced to Pay for $5 Trillion Carbon Cleanup

Before Joining Federal Safety Program, Freight Railroads Push to Change It

Goldman’s C.E.O. Is Stuck, Without a Clear Lifeline

Outrage as Chinese Real Estate Giant Wobbles and Its Stock Dives

The Summer Women Flexed Their Spending Power

Diamonds Are on Sale. They Won’t Be Forever

Amazon Cuts Dozens of House Brands as It Battles Costs, Regulators

Colleges Spend Like There’s No Tomorrow. ‘These Places Are Just Devouring Money.’

Paul Krugman on AI, Superconductors, and Why Alien Invasions Are Inflationary

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Posted by on August 11th, 2023 at 7:05 am


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