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Why Some Banks Still Charge High Overdraft Fees15:31 Congress scrapped a rule last year that capped how much banks could charge if you spent more than was in your account. Now, banks’ revenue from the fees is rising. Will Late-Night TV Work on YouTube?11:33 Julian Shapiro-Barnum, best known for a social media series called “Recess Therapy,” has started an online-only late-night show. Why One Global Shipping Choke Point Isn’t a Blueprint for Another11:33 The Strait of Malacca may be a model for how Oman and Iran could collect fees in the Strait of Hormuz, but the differences between the waterways are vast. The Hottest Stock Markets Lead to the Biggest Losses11:33 Investor enthusiasm culminated in some of the worst cases of wealth destruction in the last 100 years, a long-running study shows. Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit0:03 The companies also agreed to donate more than 53 million eggs to food banks and nonprofits in 17 states that joined the federal government in the antitrust action. Less Than 10 Percent of Eligible Children Have Trump Accounts22:22 More than six million have been signed up for the investment accounts, which open for contributions July 4, but there are barriers to uptake. US Job Market Makes Slower but Steady Gains, June Employment Data Shows2.července Employers added fewer jobs in June than a month earlier but the unemployment rate ticked down, a decent showing for the U.S. economy. As U.S. Faces Extreme Heat, Data Centers Are Ordered to Use Backup Power to Prevent Blackouts2.července As triple-digit heat engulfs much of the United States, the Trump administration wants grid managers to require the use of backup power that often goes unused. What Private Credit Is, and Why Investors Are So Worried About It2.července Some say the industry expanded too quickly and extended loans to companies that won’t be able to pay them back. Private Credit Can’t Stop the ‘Freak Out’2.července On Thursday, Blue Owl reported another quarter of double-digit investor withdrawal requests from some of its private credit funds. Labor Market Not a Source of Inflationary Pressure, Latest Report Shows2.července The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation. Tesla Sales Surge as Sales Recover in Europe2.července Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States. Why the Jobs Market Has Wall Street and Washington on Edge2.července A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday. What to know about the report.2.července A.I. Is Reshaping the Economy. Good Luck Measuring How.2.července Some data suggest artificial intelligence is already causing job losses. Other sources show the opposite. Why is it so hard to figure out what’s going on? |
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