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China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
FDIC chief to resign
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story FDIC chief to step aside Martin Gruenberg, the embattled chair of the Federal Deposit Insurance Corporation (FDIC), agree to step ...The Hill - Politics -
Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Xi urged to respond with caution to Biden’s trade tariffs
Beijing advisers call on China’s leader to hold ‘moral high ground’ as spat with US intensifiesFinancial Times - World - Joe Biden -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
'Pax Economica' Review: When Free Trade Was Progressive
Early opponents of trade tariffs wanted economic policy to back a radical vision for world peace.The Wall Street Journal - World -
Biden and Trump trade jabs on trail on the campaign trail
President Biden and former President Trump delivered major speeches looking to rally their bases with less than six months to go until election day. NBC’s Hallie Jackson reports for TODAY.NBC News - Politics - Joe Biden -
Hong Kong Shares Fall 1.0%, Weighed by Auto, Tech Stocks
Hong Kong shares opened lower, weighed by auto and tech stocks.The Wall Street Journal - World - Hong Kong -
Chiefs release RB La'Mical Perine
The Chiefs have released running back La'Mical Perine, according to the NFL's transactions report.Yahoo Sports - Sports - NFL -
Former ‘Love Island’ stars charged with promoting trading scheme on Instagram
UK’s Financial Conduct Authority accuses ‘finfluencers’ in social media crackdownFinancial Times - Business -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
Wanted: Japanese firms’ policy advice on AI, trade and crypto
Legal expertise based on experience in government and industry is in demand to help shape regulationFinancial Times - World - Japan -
Putin arrives in China's 'Little Moscow' as allies aim to deepen trade
It comes a day after the Russian and Chinese leaders pledged a "new era" of partnership between their countries.BBC News - Top stories - China -
Chaotic House Oversight meeting as Greene, Crockett trade insults
A House Oversight Committee hearing discussion turned personal after Georgia Rep. Marjorie Taylor Greene commented on Texas Rep. Jasmine Crockett's appearance. CBS News congressional correspondent Scott MacFarlane has more.CBS News - Top stories -
‘Bidenomics’ 2.0 or ‘Trumponomics’ 2.0? Both would hurt trade and growth.
Joe Biden and Donald Trump are each pushing a protectionist agenda that weakens U.S. interests at home and globally.MarketWatch - Business -
Nasdaq, S&P 500 Advance to Start Week
Stocks rose, with technology shares leading the way higher as the S&P 500 and Nasdaq Composite sought fresh record highs.The Wall Street Journal - World -
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The all-American cheat sheet to Europe’s trade weak spots
Hit ’em in the prawnsFinancial Times - World -
Ivan Boesky, Convicted in 1980s Insider-Trading Scandals, Dies at 87
His cooperation with federal authorities would lead to the end of the frenzied debt-fueled takeovers that upended most every industry.The Wall Street Journal - World -
Ivan Boesky, stock trader convicted in insider trading scandal, dead at 87
Boesky, involved in one of the biggest insider trading scandals, dies at 87.ABC News - Top stories -
NFL responds to Chiefs kicker's controversial commencement speech
Harrison Butker encouraged women to be homemakers and railed against Pride Month in his speech at Benedictine College.CBS News - Top stories - NFL -
Prada chief rules out big acquisitions
Andrea Guerra suggests Italian luxury group is not looking to snap up competitors such as Armani or VersaceFinancial Times - Business -
Besiktas chief says club in talks with Mourinho
Besiktas are in talks to sign coach José Mourinho and Ángel Di María according to the Turkish club's vice-president Huseyin Yucel.ESPN - Sports -
Source: Embattled Rice attending Chiefs' OTAs
Chiefs wide receiver Rashee Rice will be attending the teams' OTAs, which began Monday, and participating in all activities, a source told ESPN's Adam Schefter.ESPN - Sports - NFL -
US defence chief Lloyd Austin to meet Chinese counterpart this month
Singapore meeting would be latest step in reopening communication lines between militariesFinancial Times - World -
Missouri's attorney general accuses Kansas City of doxxing Chiefs kicker
Missouri Attorney General Andrew Bailey (R) accused Kansas City of doxxing the Chiefs’ kicker, Harrison Butker, and pledged to hold the city accountable in a statement Thursday. “My office is demanding accountability after @KansasCity doxxed ...The Hill - Politics -
Growing controversy over graduation speech by Kansas City Chiefs' kicker
In a commencement speech at a Catholic liberal arts college, Chiefs' kicker Harrison Butker was critical of LGBTQ+ rights and abortion and encouraged young women to focus on being homemakers. While many in the crowd applauded the speech, others ...NBC News - Top stories - NFL -
Fox anchor applauds Kansas City Chiefs kicker's controversial remarks
Fox News anchor Laura Ingraham applauded Kansas City Chiefs kicker Harrison Butker on Thursday after he gave controversial speech including remarks on women in the workforce. Butker’s commencement speech at Benedictine College made clear his ...The Hill - Politics - NFL -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - World -
Wife, daughter of Chiefs owner back Harrison Butker amid controversy
Tavia and Gracie Hunt, the wife and daughter of Kansas City Chiefs owner Clark Hunt, backed Harrison Butker, the team’s kicker, after a commencement speech he delivered about women and family roles drew controversy. In an address last Saturday at ...The Hill - Politics - NFL -
Tencent's Top Shareholder Taps New Chief in AI Ramp-Up
Prosus and South African parent Naspers named Fabricio Bloisi as group CEO, replacing interim boss Ervin Tu, who will become president and chief investment officer.The Wall Street Journal - Business -
Chiefs' Wanya Morris, Chukwuebuka Godrick arrested for misdemeanor marijuana possession
Kansas City Chiefs players Wayna Morris and Chukwuebuka Godrick were arrested for misdemeanor marijuana possession, according to a Johnson County Sheriff.Yahoo Sports - Sports -
Chiefs' offensive linemen arrested, charged with misdemeanor possession of marijuana, per report
Wanya Morris and Chukwuebuka Godrick were arrested on Thursday nightCBS Sports - Sports -
Planet Fitness's New Chief Steps Into a Culture-War Storm
The gym chain contends with a boycott and bomb threats as it stands by its inclusive locker-room policy.The Wall Street Journal - World -
UN humanitarian chief delivers ‘apocalyptic’ warning over Gaza aid
Emergency relief coordinator says famine looming as Israel’s Rafah offensive blocks vital aid routes. The United Nations’ humanitarian chief has warned of “apocalyptic” consequences due to aid shortages in Gaza, where Israel’s military offensive ...The Guardian - World - United Nations -
K.C. Chiefs DT Derrick Nnadi on a mission to save shelter dogs
Since the 2019-20 season, Nnadi has paid adoption fees for more than 500 dogs, and will do more this season.ESPN - Sports -
Ryanair chief says recessionary feeling in Europe is limiting fares
Ryanair’s chief executive blamed what he called a “recessionary feel around Europe” for the airline’s inability to increase prices very much.MarketWatch - Business -
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
The CIA’s first chief technology officer Nand Mulchandani is marshaling generative AI tools to the intelligence agencyABC News - Tech -