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China Says It Will Start Buying Apartments as Housing Slump Worsens
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Tesco says shoppers are buying more as confidence returns
The UK's largest retailer reports higher sales, but controversy persists over its boss's pay package.BBC News - Top stories -
Draghi says Europe must not be ‘passive’ in face of China import threat
Former Italian premier says EU should be ready to use more tariffs and subsidies to counter ‘unfair advantages’Financial Times - World - China -
Renewables chief says Biden’s China tariffs risk slowing green transition
NextEra’s Rebecca Kujawa warns clean energy duties are raising costs for US consumersFinancial Times - Business - China -
Renewables chief says Biden’s China tariffs risk slowing green transition
NextEra’s Rebecca Kujawa warns clean energy duties are raising costs for US consumersFinancial Times - World - China -
BOE Most Likely to Start Rate Cuts in August, Barclays Says
The Bank of England is expected to start cutting interest-rates in August as economic and market conditions are likely to support such a move, Barclays economist Jack Meaning says in a note.The Wall Street Journal - World -
These stock sectors have fallen so much they now look attractive, analyst says
The sharp selloffs some sectors have been seeing relative to the broader market could be a sign of underlying weakness, but Janney analyst Dan Wantrobski says they are actually presenting near-term buying opportunities.MarketWatch - Business -
Former White House staffer says Trump called for leaker to be executed
Trump’s demand that 2020 leaker be punished with death raises questions about retribution if he is re-elected. Former White House communications director Alyssa Farah Griffin has disclosed that Donald Trump repeatedly mused out loud about ...The Guardian - World - Donald Trump -
China needs bond market reforms to rein in soaring debt, S&P Global says
Despite government efforts, debt levels continue to surge even as nominal GDP growth has slowed down, the rating agency said in a report on Thursday.CNBC - Business - China -
Prominent China #MeToo journalist Sophia Huang Xueqin sentenced to five years in jail, supporters say
Sophia Huang Xueqin, who reported on #MeToo movement and Hong Kong pro-democracy protests, sentenced along with labour activist Wang Jianbing. A Chinese court has sentenced the prominent #MeToo journalist Sophia Huang Xueqin to five years in jail ...The Guardian - World - China -
Sony Buys Alamo Drafthouse Movie-Theater Chain
The deal for the dine-in theater chain comes as Hollywood grapples with how to encourage more consumers to go to the movies.The Wall Street Journal - Business
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For 50 years, Michaels has managed both the weekly circus of producing “Saturday Night Live” and the broader task of keeping it relevant. How does he do it?The New York Times - Business -
How Partisan Media Outlets Covered The Latest Inflation Numbers
Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Liberal media outlets celebrated it.The New York Times - Business - Inflation -
U.S. Inflation Falls to 3.3% in May
The rate of inflation in May over the previous year.The New York Times - Business -
Does It Pencil?
A real estate term used by developers when they’re assessing whether a project makes financial sense.The New York Times - Business