Columbus, OH

Reuters

BEIJING (Reuters) - One of China's leading chip equipment makers, Advanced Micro-Fabrication Equipment (AMEC), said on Friday it had filed a federal lawsuit against the U.S. defence department, challenging its designation as a "Chinese Military Company".

China's AMEC sues U.S. defence department over 'military company' label

(Reuters) -Several Chinese banks have been given new gold import quotas from the central bank, anticipating revived demand despite record high prices, four sources with knowledge of the matter told Reuters.

China issues new gold import quotas after pause - sources

SHANGHAI (Reuters) - China is expected to leave benchmark lending rates unchanged on Tuesday, a Reuters poll showed, after policymakers surprised global markets by trimming a string of key interest rates in July.

China widely expected to keep lending benchmark LPRs unchanged in Aug: Reuters poll

Markets Insider

China's economy continues to face headwinds from a slowing real estate sector, with property investment down 10.8% year-over-year.

China's economy is still stuck in low gear

China's imports last month surged 7.2% year-over-year, led by an influx of tech products. BofA says the increase points to stockpiling ahead of new restrictions.

China's surprise import surge last month points to stockpiling of key tech ahead of trade restrictions, BofA says

Snopes

Right-wing social media accounts shared images of women in revealing clothes, claiming they showed the vice president.

Fact Check: Photos Do Not Show Young Kamala Harris Working as an 'Escort'

New Jersey State

California State

HuffPost

The former president's latest attempt at an insult quickly backfired.

OOPS! Trump Accidentally Hands Kamala Harris And Gavin Newsom A Major Compliment

South Carolina State

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Florida State

Akeena

Recent data from the U.S. Census Bureau reveals a significant trend: Florida is experiencing a substantial outflow of residents. According to the latest figures, over 275,000 individuals left Florida for other states in 2022.

Florida Sees Surge in Departures as Hundreds of Thousands Move Out

Mediaite

Former federal prosecutor and NBC legal analyst Glenn Kirschner said that if Donald Trump loses the 2024 election, he will “spend the rest of his miserable life in court” or in prison. During a conversation on SiriusXM’s The Dean Obeidallah Show, host Dean Obeidallah asked about how and...

Former Federal Prosecutor: If Trump Loses Election He Spends ‘Rest of His Miserable Life’ in Court or Prison

Fox News

German authorities warn that the reports of Ukrainian involvement and responsibility for the Nord Stream 2 pipeline explosions could be part of Russian disinformation.

Germany issues arrest warrant for Ukrainian suspect in connection to Nord Stream pipeline explosion: reports

In emerging markets where data is scarce, the ability for investors to be proactive and anticipate a financial has previously been extremely hindered—until now. FreightWaves SONAR data can provide a robust, uncorrelated and timely signal for FX and EM bond traders—as well as an early warning sign for investors in companies exposed to export markets. In the white paper below, we explore the powerful applications of FreightWaves SONAR’s real-time global tender data for macroeconomists and global traders. By providing early indicators of changes in physical trade flows, this data helps investors anticipate and identify economic imbalances before significant financial events like sovereign defaults or currency devaluations occur.

FreightWaves SONAR: An Early Warning System for Investors in Emerging Markets

Baowu, the largest steelmaker, has warned that a "harsh winter" was coming for the industry that could be worse than the 2008 crisis.

The world's biggest steelmaker warns of a looming industry crisis that will outpace 2008's downturn

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

TheDailyBeast

Fears of an impending U.S. recession sent the Dow Jones Industrial Index tumbling more than 1,000 points in early trading Monday and triggered a panic sell-off in financial markets around the world.Wall Street went into meltdown with the S&P 500 down 4 percent and Nasdaq dropping 5.5 percent. The Dow Jones slipped 3 percent, or 1,197 points by 9.35 a.m. Eastern.Earlier, the FTSE 100 index in London fell by 2.1 percent, and it was followed by the Nikkei 225 in Japan plunging by 12.4 percent, or 4,451 points, the biggest one-day points drop in history.In Paris, the CAC-40 fell by...

Stock Markets Crash Worldwide Over Fears of U.S. Recession

Bennington, VT

Small-town residents are longing for new food options, and Chipotle's successful playbook is leading it and other other fast-casual restaurant chains, including Cava and Panda Express, to eye more stores in rural America. Covid dealt a death blow to independent diners, leaving an opening for national operators in towns where...

From Chipotle to Cava and Panda Express, more big restaurant chains are rapidly expanding into small town America

Detroit, MI

United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video Friday afternoon. Fain accused the chief executive of price gouging consumers and failing to uphold parts of the union's labor contract with the automaker. The comments are the latest in an ongoing back-and-forth...

UAW president slams Stellantis CEO over job cuts, alleged price gouging

New financial disclosures show Log Cabin Republicans, a group representing LGBTQ+ conservatives, paid Melania Trump nearly a quarter million dollars to speak at an event in Florida. The latest financial disclosures filed with the Federal Election Commission by Donald Trump’s presidential campaign itemize sources of income both for the candidate...

Melania Trump cashed six-figure check to speak to gay Republicans at Mar-a-Lago

Business Insider

The "Shark Tank" star said he once consulted his lawyers on whether they could file any antitrust actions against both parties.

Mark Cuban says he would get rid of both the Republican and Democratic parties if he could do it by waving a 'magic wand'

PYMNTS

Regional banks in the United States are reportedly actively pursuing mergers and acquisitions to strengthen their balance sheets and enhance their competitiveness in the face of challenges posed by elevated interest rates, increased competition for deposits, and losses on commercial real estate loans. This wave of consolidation within the sector...

Regional Banks Pursue Mergers and Acquisitions to Enhance Competitiveness

Las Vegas, NV

Zoreen Kabani always assumed she'd go into a traditional professional field. The 37-year-old's family immigrated from Pakistan to California when she was 14 and those were the paths she knew. In Pakistan, the cultural expectation is "you either are in finance or you're an engineer or you're a doctor," she says.

37-year-old went from working in finance to bringing in more than $100K a month selling clothes

NewsBreak

U.S., China sign agreement to cooperate on financial stability

BEIJING — The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday. The agreement...

U.S., China sign agreement to cooperate on financial stability

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