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Hertz's Soured EV Bet Drags Down Post-Bankruptcy Stock
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EUR/USD Little Changed; Dollar Weakness May Be Limited Near Term
The EUR/USD traded little changed, and Danske Bank Research generally expects the pair to continue being range-bound in the near term.The Wall Street Journal - World -
Inside China's EV Takeover
Chinese carmakers are ramping up electric-vehicle production, posing a challenge to U.S. automakers. WSJ’s Yoko Kubota traveled to the city of Hangzhou to see the impact of China’s EV boomThe Wall Street Journal - World - China -
Deadspin’s New Owners Are Embracing Betting Content—but Not AI
The future of once-beloved sports blog Deadspin has been murky since it was acquired by an unknown company called Lineup Publishing in March. The new ownership told WIRED they “don't want to ruin it.”Wired - Tech -
Gold Edges Higher, Supported by Fed Rate-Cut Bets
Gold edged higher in the early Asian session, supported by bets for Fed rate cuts which would enhance the appeal of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
'Shiver up the spine': Leagues weigh betting risks after Porter scandal
Sportsbooks say legal betting allows for greater transparency, but is the new market causing the issues?ESPN - Sports -
Traders examine interest rate bets after inflation updates
Also in this newsletter: Putin hits out at west, Slovak PM shot, measuring productivity in the officeFinancial Times - World -
Bidzina Ivanishvili: Georgia’s billionaire ‘puppet master’ betting the house on Moscow
As Georgians rally against an illiberal new law seen as a tilt to the Kremlin, its oligarch sponsor may consider it essential self-defence. Bidzina Ivanishvili has spent much of the last decade gazing down at Tbilisi’s ancient rooftops from his ...The Guardian - World -
Stocks set new records
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story New inflation data sends stocks soaring All three of the major U.S. stock indexes closed at record highs Wednesday after new federal ...The Hill - Politics - Stock Market
More from The Wall Street Journal
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Aristocrat to Consider Sale, Spinoff of Game Developers
Australia-based slots and digital gaming company Aristocrat Leisure will consider a sale or a spinoff of two game developers that no longer fit in as well in its portfolio.The Wall Street Journal - World -
easyJet Finance Chief to Replace Departing CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year,The Wall Street Journal - World -
Honda Motor Plans to Invest Over $60 Billion on EV Strategy
The Japanese automaker plans to invest about $64.56 billion on its electric-vehicle strategy over the 10-year period through 2030.The Wall Street Journal - World -
Bond Markets Expected to Calm Down After U.S. CPI-Triggered Rally
Rates markets looked set to enter calmer waters after U.S. inflation and retail sales data caused the latest leg higher [in prices], Commerzbank Research said.The Wall Street Journal - World -
EUR/USD Little Changed; Dollar Weakness May Be Limited Near Term
The EUR/USD traded little changed, and Danske Bank Research generally expects the pair to continue being range-bound in the near term.The Wall Street Journal - World