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How Belgium’s Socialists want to plug the EU’s spending gaps
Also in this newsletter: why immigration is reopening old Brexit wounds in IrelandFinancial Times - World -
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Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.The Wall Street Journal - World - Apple -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.CNBC - Business -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Reform UK boosts Labour’s prospects but struggles to take seats
Leader of right-wing party praises ‘great progress’ but narrow gains raise doubts about its electoral impactFinancial Times - World - United Kingdom -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Hong Kong Regulators Start Insider Dealing Case Against Segantii Capital
Hong Kong’s securities regulator has started criminal proceedings against hedge fund management firm Segantii Capital Management, the firm’s founder and a former trader over insider dealing.The Wall Street Journal - World - Hong Kong -
Former Merrill Lynch banker named in Segantii Capital insider dealing case
Hong Kong has brought criminal proceedings against the hedge fund and its founder Simon SadlerFinancial Times - World -
Government defeated in High Court over climate plans
Activists argued that the plan for cutting emissions would not meet the UK's climate targets.BBC News - Top stories - Climate -
Government remains essential for the nation’s financial stability and prosperity
As we have detailed in our book, government has built our country by steering the market from the first presidential administration to the current one.The Hill - Politics -
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UK's governing Conservatives suffer big losses in local elections
Britain’s governing Conservative Party is suffering heavy losses as local election results pour in Friday, which are cementing expectations that the Labour Party is headed for power for the first time in 14 years at a U.K. general election that ...ABC News - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
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UK government’s climate action plan is unlawful, High Court rules
Judgment upholds four of five grounds for legal challenge brought by campaign groups against net zero strategyFinancial Times - World - United Kingdom -
Former government employee charged with making false Jan. 6 accusations
Ex-government employee Miguel Zapata is accused of sending fake FBI tips falsely accusing multiple coworkers of taking part in the Jan. 6, 2021, Capitol breach.CBS News - Top stories -
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Middle East crisis live: Rafah operation could result in ‘slaughter’, UN official says
UN humanitarian office spokesman says hundreds of thousands of lives could be at risk and there would be a huge impact on aid operations. Daniel Hurst is Guardian Australia’s foreign affairs and defence correspondent.. The Australian government ...The Guardian - World -
U.K.'s governing Conservatives suffer big losses in local elections as Labour appears headed for power
Britain’s governing Conservative Party is suffering heavy losses as an array of election results pour in Friday, piling pressure on Prime Minister Rishi Sunak ahead of a U.K. general election in which the main opposition Labour Party appears ...NBC News - Top stories -
Berlin’s government offers to give away villa once owned by Nazi propagandist Joseph Goebbels
Berlin's government is offering to give away a villa once owned by Adolf Hitler's propaganda minister, Joseph Goebbels, hoping to end a decades-long debate on whether to repurpose or bulldoze the sprawling, disused site in the countryside north of ...ABC News - World -
The UK government acted unlawfully in approving a climate plan, a High Court judge has ruled
A U.K. High Court judge has ruled that the government acted unlawfully when it approved a plan to meet climate targets without evidence it could be deliveredABC News - Tech - United Kingdom -
A suspected Islamic State group attack on pro-government force in east Syria kills at least 13
Syrian opposition war monitor and pro-government media oulets say suspected members of the Islamic State group have attacked three posts for Syrian government forces and pro-government gunmen killing at least 13ABC News - World