Goldman Sachs found that AI is starting to weigh on employment across developed economies.
What Chinese liquor maker Moutai’s slump says about the country’s economy
Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record.
Stocks making the biggest moves after hours: Toll Brothers, Keysight Technologies, La-Z-Boy & more
These are the stocks posting the largest moves in extended trading.
Analysis: Bond market pressure is squeezing Main Street as Wall Street waits on Warsh
A sell-off in long-term Treasurys is raising borrowing costs, exposing how debt, AI spending and energy are turning the bond market into a political problem.
Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges’ turf
The company is seeking to launch a “US500” perp tied to the MerQube U.S. Large Cap Index, according to a regulatory filing.
Stocks making the biggest moves premarket: Home Depot, Tesla, Fabrinet, Duolingo & more
These are some of the stocks posting the largest moves in early trading.
Russia says its economy is strong. It just fired a top economist who warned otherwise
Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.
Lakers governor Jeanie Buss says siblings cannot sell family’s stake to Bob Iger, Joshua Kushner
Jeanie Buss’s lawyer says she has not agreed to sell the team and that any vote suggesting the Buss family is selling “would be and is void.”
Stocks making the biggest moves midday: EyePoint, Intuitive Machines, Workday, JetBlue & more
These are some of the stocks posting the largest moves midday.
Prediction market traders see roughly 1-in-4 odds Paramount’s bid to buy Warner Bros. Discovery fails
The odds are higher than they were before 12 states sued to block the merger, but lower than after Paramount delayed the acquisition in late July.