Markets Insider

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

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

BEIJING — China's financial risks have dropped, including from local government debt, People's Bank of China Governor Pan Gongsheng said in state media interviews published late Thursday. Pan also said the central bank will work with the Ministry of Finance to enable China to reach its full-year growth targets....

China's central bank says risks from local government debt have dropped

(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

Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from working with Moscow, Bloomberg reports.

Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan

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'

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

Business Insider

The Foreign Ministry will be offering three-month visas as early as next month, Russian state media said.

Putin has decided that Russia is going to be a 'safe haven' for people who want to trade liberal Western ways for Russian 'moral values'

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

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

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

Colorado State

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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

Florida State

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

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'

A Trump fan told CNN correspondent Elle Reeve that God would never allow a woman to be elected "because of what happened in the Garden of Eden."
The post Trump Fan Tells CNN God Will Never Allow Woman President ‘Because Of What Happened In The Garden Of Eden’ first appeared on Mediaite.

Trump Fan Tells CNN God Will Never Allow Woman President ‘Because Of What Happened In The Garden Of Eden’

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what was recorded a decade ago, government data shows.

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

TOKYO (Reuters) - More Japanese companies believe a Kamala Harris presidency in the U.S. would be better for their businesses than a second Donald Trump administration, a Reuters survey showed on Thursday, reflecting the respondents concerns about protectionism and policy unpredictability.

Japan firms see Harris presidency as better for business than Trump, Reuters survey shows

Missouri State

The Associated Press

JEFFERSON CITY, Mo. (AP) — As state treasurer, Vivek Malek pushed Missouri’s main retirement system to pull its investments from Chinese companies, making Missouri among the first nationally to do so. Now Malek is touting the Chinese divestment as he seeks reelection in an Aug. 6 Republican primary against challengers who also are denouncing financial connections to China.

Amid tensions with China, some US states are purging Chinese companies from their investments

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

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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