Stock Rides Lower Pay
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Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World -
War against short sellers appears to be paying dividends as Trump social-media stock ‘DJT’ rises
Ever since the former president’s media company began blaming Truth Social’s stock woes on naked short selling, its share price has more than doubled.MarketWatch - Business - Donald Trump -
The U.S. birth rate has never been lower. Here’s what that means for stocks.
Americans aren’t having as many kids, but the economy can handle that — for now.MarketWatch - Business -
Tyson Foods’ stock turns lower after sales miss, as chicken remains weak
Tyson Foods’ stock reversed course to trade sharply lower, after the meats company reported fiscal second-quarter sales that fell below expectations, as continued weakness in chicken and market-share losses offset a profit beat.MarketWatch - Business -
Why It Pays to Start Companies in Recessions
A study suggests that when jobs are hard to come by, the best workers are more available—and stay longer.The Wall Street Journal - World -
Why It Pays to Start Companies in Recessions
A study suggests that when jobs are hard to come by, the best workers are more available—and stay longer.The Wall Street Journal - Business -
The Job Market Shifted Into Lower Gear
Also, a congressman from Texas was indicted. Here’s the latest at the end of Friday.The New York Times - Top stories -
Freshfields boosts pay for newly qualified lawyers to £150,000
‘Magic circle’ law firm raises stakes in the legal battle for talent in LondonFinancial Times - Business -
Cubans lured to Russian army by high pay and passports
The number of Cubans recruited to fight in Ukraine is thought to be in the hundreds.BBC News - Top stories - Russia -
Lord of the Rings cast pay tribute to Bernard Hill
The actor, who plays King Théoden in Peter Jackson's trilogy, passed away early on Sunday morning.BBC News - Top stories -
The $9tn question: how to pay for the green transition
The bill for meeting climate goals will be immense. Governments worldwide are trying to figure out how to foot itFinancial Times - Business -
Inside One Record Store Riding the Vinyl-Revival Wave
The Attic, near Pittsburgh, looked like it wasn’t going to survive in the early 2000s. Now it sells all genres to customers young and old.The Wall Street Journal - World -
China's Xi Shouldn't Expect an Easy Ride in Europe This Time
The Chinese leader’s visit is set to test Europe’s willingness to confront Beijing over its support of Russia and trade practices that have hurt European industries.The Wall Street Journal - World - China -
Inside One Record Store Riding the Vinyl-Revival Wave
The Attic, near Pittsburgh, looked like it wasn’t going to survive in the early 2000s. Now it sells all genres to customers young and old.The Wall Street Journal - Business -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden