September 4, 2024 Crossing Wall Street
Morning News: September 4, 2024
Oil Prices Fall Below $70 a Barrel. OPEC+ and Libya Expected to Increase Output
Climate Losses Batter Insurers While Reinsurers Step Back
Japan’s Era of ‘Free’ Mortgages Is Coming to an End
Glynn’s Take: Australian Consumers May Be Down, But Not Out
High Rates Expose Global Banking’s Multi-Trillion-Dollar Weak Spot
China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks
Bank of France Chief Sketches Out Path to Budget Credibility
Bond Volatility in US Eclipses Europe as Recession Angst Rises
US Jobs Data Will Decide the Size of Fed’s Rate Cuts
Credit-Rating Providers Settle With SEC Over Off-Channel Communication Violations
September Gets Started With Déjà Vu From August
Traders Weigh ‘Buy the Dip’ Opportunities Amid Stocks Selloff
Nvidia’s Huang Loses $10 Billion in His Biggest Wealth Wipeout
Intel’s Money Woes Throw Biden Team’s Chip Strategy Into Turmoil
Hewlett Packard to Pursue $4 Billion Claim Against Mike Lynch’s Estate
Blackstone to Buy Australia’s AirTrunk in A$24 Billion Deal
Temu’s Parent, a Victim of Competition or Its Own Success?
U.S. Steel Warns of Plant Closings if Sale Collapses
How Immigration Remade the U.S. Labor Force
US Port Talks Kick Off in Bid to Avoid Economy-Disrupting Strike
For Volkswagen, the Bumpy Road to Electric Vehicles Starts to Hit Home
VW Defends Plan to Shut German Factories With Plunging Sales
GoTo Exits Tough Vietnam Market to Focus on Reaching Profit
NYC’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown
Cargill, America’s Largest Private Company, Faces Leaner Times
Walmart Bets on Collectible Sneakers to Grow Marketplace Service
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Posted by Eddy Elfenbein on September 4th, 2024 at 7:03 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
