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Tuesday, July 2, 2024

Wednesday's News Links

[Yahoo/Bloomberg] Treasury 10-Year Yield Falls After Soft Jobs Data: Markets Wrap

[Yahoo/Bloomberg] Oil Trades Near Two-Month High on Signs of US Inventory Drawdown

[Yahoo/Bloomberg] Le Pen Seeks Majority as Rival Groups Team Up to Stop Her

[Yahoo/Bloomberg] US Job Market Shows More Signs of Slowing in ADP and Claims Data

[CNBC] Private payrolls grew by just 150,000 in June, less than expected

[Yahoo Finance] Gas prices rise as Americans hit the road for holiday weekend, with more increases expected

[Reuters] Americans look past fuel cost, bad weather to set July Fourth travel record

[Yahoo/Bloomberg] Home Affordability in the US Sinks to Lowest Point Since 2007

[Yahoo/Bloomberg] Homebuilders Cut on 'Sluggish' Housing Market, Florida Woes

[Yahoo/Bloomberg] Alaska Air Flight Attendants Are Set for 32% Increase in Pay

[Yahoo/Bloomberg] California’s Death Valley May Tie Daily Record of 129F on Sunday

[AP] From red wall to King’s Speech, UK elections have a vocabulary all their own. Here’s what to know

[Reuters] China's services activity growth hits 8-month low, Caixin PMI shows

[Reuters] Japan's service activity slips for first time in 2 years, PMI shows

[Bloomberg] US Allies Allege China Is Developing Attack Drones for Russia

[Bloomberg] China Vanke-Linked Wealth Products Miss Payments Deadline

[Bloomberg] Australia Retail Sales Jump, Boosting Case for RBA Hike

[NYT] America’s Divided Summer Economy Is Coming to an Airport or Hotel Near You

[NYT] Student Loan Borrowers Owe $1.6 Trillion. Nearly Half Aren’t Paying.

[NYT] Investors Pour $27.1 Billion Into A.I. Start-Ups, Defying a Downturn

[WSJ] Supply-Chain Finance Programs Seeing Cuts as Companies Face High Interest Rates

[FT] Jay Powell says US needs to cut deficit ‘sooner rather than later’

[FT] The risk of a replay of the lost decade in US stocks

[FT] Climate change is pushing up food prices — and worrying central banks

[FT] Hurricane Beryl becomes earliest category five storm on record

[FT] China demands loyalty from young expats in the US