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How are earnings doing for U.S. companies amid this tariff spate with China? AT&T will now offer robocall blockers for a price. Plus, we take a look at “short-termism.”
The FTC is about to levy a $5-billion fine against Facebook over its lapses in data privacy. The Big Three car makers negotiate with its auto unions as sales slump. Plus, U.S. banks are doing very well, and it has a lot to do with increased regulations.
From the BBC World Service… New figures from China show the economy growing at its slowest pace in nearly thirty years. Plus, Turkey is likely to be hit by sanctions on two fronts this week.
Interest rate cuts are coming, so why are bond rates going up? And at Fed Chair Jerome Powell’s congressional hearing earlier this week, he sounded the alarm about Facebook’s new cryptocurrency Libra. Plus, shorter global supply chains are giving way to “slowbalisation.”
Workers and businesses are on edge after ICE officials announce immigration raids will be carried out this weekend. How has the trade war affected China’s GDP? Plus,
From the BBC World Service… Singapore’s economy shrank at its fastest pace in seven years in the second quarter. Greece’s new prime minister outlines his priorities. Plus, we look at the psychology of waiting in line.
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