Ukraine Gets ‘Vampire’ Rockets From US to Combat Russian Drones
Ukraine’s troops are now using a US rocket system known as the Vampire to destroy Russian drones, according to the Pentagon.
Bloomberg Business
Private Equity Firm AMC to Open Office in West Palm Beach
Private equity firm Alvarez & Marsal Capital is opening an office in West Palm Beach, Florida, expanding its reach into the Sunshine State.
Biden Says DeSantis Trusts His ‘Desire to Help’ After Hurricane Idalia
President Joe Biden said he spoke to Florida Governor Ron DeSantis to offer any resources needed after Hurricane Idalia made landfall, seeking to assure the public that their political feud would not impede the federal response to the storm.
Oil Edges Up as Traders Take US Crude Stockpile Drop in Stride
Oil edged up in a thinly traded summer session, settling above $81 a barrel, as the market took a substantial drop in US crude stockpiles in stride.
Bankman-Fried May Call Experts at Up to $1,200 an Hour
Money can’t buy love or friends, but it can help you find a lot of expert witnesses.
Banxico Lifts Economic Growth Estimates on Strong Trade With US
Mexico’s central bank raised its growth projection for the country’s economy for this year and next, signaling that activity is surpassing policymakers’ expectations in large part due to strong trade with the US.
Apple Tests Using 3D Printers to Make Devices in Major Manufacturing Shift
Apple Inc. is testing the use of 3D printers to produce the steel chassis used by some of its upcoming smartwatches, according to people with knowledge of the matter, heralding a major change to how the company manufactures products.
Too Early to Make Call on Turning Point for Weak Dollar, SocGen’s Kit Juckes Says
The dollar’s slide to the lowest in more than two weeks has reignited the debate that the greenback is on the cusp of a sustained downturn. For Kit Juckes at Societe Generale, it’s too early to make that call ahead of the US monthly payrolls report on Friday.
Biden Offers Airports in Atlantic City, on Canadian Border to House NYC Migrants
The Biden administration has some suggestions for where New York City can house some of the 60,000 asylum seekers who recently arrived: a remote facility closer to Montreal than Manhattan, a tax office on Long Island and Atlantic City International Airport.
Rising Stock Prices Threaten Progress on Powell Inflation Gauge
A key gauge of services inflation touted by Federal Reserve Chair Jerome Powell is set for a surge in figures due Thursday, almost entirely due the recent run-up in the stock market.