Category: business

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected – CNBC

U.S. economy grew at a 2.8% pace in the second quarter, much more than expected  CNBCThe US economy is pulling off something historic  CNNU.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate  The New York TimesThe Fed’s Key Inflation Rate Overshoots As GDP Rebounds; S&P 500 Futures Flat  Investor’s Business DailyUS economy picks up amid heated presidential campaign  BBC.com

Trump says 25th Amendment shouldn’t be invoked against Biden, claims ‘dangerous’ Kamala Harris is ‘worse than he is’ – New York Post

Trump says 25th Amendment shouldn’t be invoked against Biden, claims ‘dangerous’ Kamala Harris is ‘worse than he is’  New York Post Live updates: Harris kicks off 2024 election campaign after Biden passes the torch in Oval Office speech  CNNRepublicans sharpen attacks on Harris  The HillOpinion | Kamala Harris Confounds the Republicans  The Wall Street JournalTrump calls Harris a ‘lunatic’ in first rally since Biden’s exit  USA TODAY

American shares drop 5% on weak profit forecast after backfired sales plan, industry oversupply – CNBC

American shares drop 5% on weak profit forecast after backfired sales plan, industry oversupply  CNBCAmerican Airlines Stock Dives After Steep Cut to Profit Outlook  The Wall Street JournalAmerican Air (AAL) Cuts Profit Outlook as Fare Sales Batter Carriers  BloombergAmerican Airlines reports second-quarter 2024 financial results  American Airlines NewsroomAmerican Airlines cuts 2024 profit forecast on pricing pressure  Yahoo Finance

Unlawful use of lethal & less-lethal weapons against protesters in Bangladesh – Amnesty International

Unlawful use of lethal & less-lethal weapons against protesters in Bangladesh  Amnesty InternationalAn Unbending Leader’s Crackdown Rains Carnage on Bangladesh  The New York TimesIn Bangladesh, protests are no longer about the quota system  Al Jazeera EnglishSheikh Hasina faces her biggest crisis in years  The EconomistBangladesh crawls back to normalcy after violent clashes that killed nearly 200 people  The Associated Press

Stellantis and Nissan deepen fears over auto industry downturn – Financial Times

Stellantis and Nissan deepen fears over auto industry downturn  Financial TimesJeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales  CNBCStellantis Shares Plunge as Earnings Fall by Nearly Half  BloombergStellantis sees profits slide in first half of 2024  Detroit Free PressUS car market gives Stellantis, Nissan a rough ride  Yahoo Finance

Prediction: These 2 “Magnificent Seven” Stocks Will (at Least Briefly) Lose Their Trillion-Dollar Market Caps by 2026 – The Motley Fool

Prediction: These 2 “Magnificent Seven” Stocks Will (at Least Briefly) Lose Their Trillion-Dollar Market Caps by 2026  The Motley FoolTech Stocks Are Out. Small Stocks Are In. Can That Last?  The New York TimesReading the runes of the tech sell-off  Financial TimesStocks are being routed as tech undergoes a re-rating. Here are the key drivers behind the shakeup  CNBCNvidia and Other Magnificent 7 Earnings Could Spur Stocks to Ride On  Barron’s

Whitmer: Harris has ‘more experience than the whole GOP ticket put together’ – The Hill

Whitmer: Harris has ‘more experience than the whole GOP ticket put together’  The HillHow Kamala Harris Took Command of the Democratic Party in 48 Hours  The New York TimesKamala Harris has historic donation momentum. She’ll need it to fight Trump.  USA TODAYTrump Vs. Harris 2024 Polls: Trump Narrowly Leads In Most Polls After Biden Drops Out  ForbesAP survey shows Kamala Harris backed by enough delegates to become Democratic nominee  The Associated Press

New Zealand report on abuse at care facilities exposes “unthinkable national catastrophe” – CBS News

New Zealand report on abuse at care facilities exposes “unthinkable national catastrophe”  CBS News200,000 Children and Vulnerable Adults Abused in New Zealand, Report Finds  The New York TimesNew Zealand inquiry finds 200,000 children and vulnerable adults abused in care  Reuters.comNew Zealand landmark report finds 200,000 suffered abuse in care  BBC.comNew Zealand enquiry finds 200,000 children and vulnerable adults abused in care, leader says ‘we should have done better’  CNN