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The Latest Breaking News from the Wall Street Journal

Trump Opposes EVs. His PAC May Get $45M From Elon Musk Every Month

Today on Critical Materials: Tesla CEO Elon Musk makes a huge donation commitment, EV tax credit is still confusing consumers, and used EV prices may stabilize.

InsideEVs

Trump’s arrival and ‘our God saves’: key takeaways from Republican convention day one

The ex-president names JD Vance as his running mate and becomes the official party nominee on an eventful first day

The Guardian - US

Elon Musk reportedly plans to give $45m a month to pro-Trump Super Pac

Tech billionaire to donate extraordinary monthly sum to group focused on helping Trump win election, report says

The Guardian - US

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‘Dark day in American politics’: what the papers say about the Trump rally shooting

Newspapers and websites in the US and around the world are leading on the shocking events in Pennsylvania

The Guardian - AU

Dr. Ruth Westheimer, America’s diminutive and pioneering sex therapist, dies at 96

Dr. Ruth Westheimer, the diminutive sex therapist who became a pop icon, media star and best-selling author through her frank talk about once-taboo bedroom topics, has died

The Independent UK

'The Almighty calls for Biden: They want you gone, sir'

The Democratic-media establishment, often regarded as the "Almighty" in American politics, is urging President Joe Biden to withdraw from the presidential race. This plea comes in the wake of Biden's disappointing debate performance and subsequent media scrutiny, an editorial in the Wall Street Journal said.

The Times of India

From hostile reception to praise: How WSJ’s report on Biden laid bare media fault lines

Last week’s US presidential debate has made the murmurs grow louder about the mental acuity of Joe Biden, the incumbent US President and Democratic Party candidate. This has also meant that what was dubbed as a contentious piece of journalistic work in the Wall Street Journal early last month will…

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Nation’s largest bank Chase threatens to charge for checking accounts if government caps fees

Under the proposed government regulation, credit card late fees could be capped at $8 and overdraft fees could be capped at $3

The Independent UK

S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.02%. Stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Stock Index Futures Tread Water as Investors Await Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU24) are up +0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.11% this morning as trading resumed after the Independence Day holiday, with market participants bracing for the all-important U.S. payrolls reading due later in the day.

Barchart

Reports: David Ellison Nears New Deal for Paramount

Ellison’s Skydance Media would pay $1.75B for Paramount’s holding company National Amusements

TV Tech

Underground network smuggles Nvidia's AI GPUs into China despite US sanctions — some smugglers even sell entire servers

Chinese companies still have access to Nvidia's A100 and H100 GPUs due to smuggling.

Tom’s Hardware

Haley Encourages Trump To Ready Himself For Younger Opponent In The Wake Of Chaotic Biden Debate

Haley shared her observations of Thursday's debate, which she watched in her home state of South Carolina with her husband and friends.

International Business Times

Biden’s friends and Democrat strategists pick up pieces a day after debate questioning his performance and electability

A host of lawmakers in Biden’s own party are allegedly discussing trying to replace him before the DNC in August as other outspoken Democrats rushed to his defense

The Independent UK

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The Independent UK

‘Train wreck’ debate unites polarized networks with outlets agreeing Biden-Trump was a ‘disaster’

The outcome of Thursday night’s debate left many feeling discouraged about the president and networks united in their reactions

The Guardian - US

‘10 minutes to destroy a presidency’: how US and global media reviewed the Biden-Trump debate

Headlines echoed Democrats’ anxiety that Biden is too cognitively weak and physically frail for another term

International Business Times

Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say

CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.

Al Jazeera

Russia starts US journalist Evan Gershkovich’s trial: What’s next for him?

The reporter was arrested in March last year on a reporting trip in Russia’s Ural Mountains city of Yekaterinburg.

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International Business Times

Russia Puts US Journalist Evan Gershkovich On Trial

US journalist Evan Gershkovich will face the start of a closed-door trial on espionage charges in Russia on Wednesday, more than a year after he became the first Western journalist since the Soviet era to be detained on such accusations.

Tom’s Guide

CoPilot+ PCs won’t run various apps and games at launch — what you need to know

Various reports claim the new Samsung Galaxy Book4 Edge AI laptop can’t run a raft of security apps, certain Adobe software and various popular video games.

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Strength in AI Hardware Stocks

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.77%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stock indexes Monday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Stocks Climb, With the Nasdaq 100 Posting New Record Highs

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.27%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.50%. Stock indexes today are higher, with the Nasdaq 100 posting a new record high....

Barchart

Stocks Mixed on Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. Stock indexes today are mixed, with the Nasdaq 100 posting a new record high....

Barchart

Higher Bond Yields Weigh on Technology Stocks

The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.10%. Stock indexes today are posting moderate losses. Higher T-note yields today are undercutting chip...

Al Jazeera

Russia sets date for closed-door trial of US journalist Evan Gershkovich

Evan Gershkovich was detained in March 2023 accused of ‘spying’ on a Russian defence enterprise in Yekaterinburg.

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