Historian and author Alex von Tunzelmann reviews the day’s papers. Andrew Mueller brings us the stories we may not have heard about and our editor in chief Andrew Tuck sets the tone for the weekend.
Tag Archives: News
Front Page View: WSJ Weekend – July 30, 2022
Auto Makers Say Car Buyers Will Keep Spending
A backlog of customer orders, dealerships’ low vehicle inventory and shoppers willing to pay higher sticker prices have all led to a string of profitable quarters for most global car companies—and are fueling optimism for profits in coming quarters.5 min read
Climate Package Would Give Green-Energy Investors a Lift
Clean-tech and renewable-power stocks got a boost with the proposed $369 billion Senate energy and climate-spending package—and investments in nascent tech are in line to benefit even more.4 min read
- Democrats’ Tax Plan Threatens Higher Bills for Manufacturers
- Kyrsten Sinema Is Critical Vote on Manchin-Schumer Climate and Tax Deal
Take a look at the front page of today’s Wall Street Journal https://on.wsj.com/3OMem3w
Morning News: U.S.-Russia Prisoner Swap, Military Drills In Taiwan, Kenya
The US weighs a prisoner swap with Russia. Plus: Taiwan’s armed forces step up military drills, we look ahead to Kenya’s general election and get the latest arts and culture news.
Front Page View: The New York Times – July 29, 2022
U.S. Economy Shows Another Decline, Fanning Recession Fears
Gross domestic product, in an initial reading, fell 0.2 percent in the second quarter. President Biden said any troubles would be transitory.
Morning News: Fed Lifts Rates By .75%, Alzheimer’s Research Was Fabricated
The Federal Reserve raised interest rates by three-quarters of a percentage point yesterday–its fourth hike this year, as inflation remains stubbornly high.
Jerome Powell, the Fed chair, also warned that the path to cooling the economy without tipping into recession has “narrowed”. The results of an experiment fundamental to the last decade of Alzheimer’s research may have been fabricated. And the region where the gender divide in obesity rates is the highest.
Front Page: Wall Street Journal – July 28, 2022
GDP Projected to Rise Slightly, Held Back by Inflation
The economy expanded very modestly in the second quarter, economists estimate, as the housing market sagged under higher mortgage rates and consumers coped with soaring inflation.64 min read
Take an early look at the front page of The Wall Street Journal http://wsj.com
Morning News: Russia Cuts Nord Stream 1 Gas Flow, SSRI Drugs, Dakar
Russia cut the gas flowing through the Nord Stream 1 pipeline by half in what many see as retaliation for Europe’s support of Ukraine. EU energy ministers fear further cuts as winter approaches.
A new research review suggests the decades-long reliance on SSRIs to treat depression was based on a false premise. And why Dakar’s plant vendors show such high levels of trust.
Front Page View: The New York Times – July 27, 2022
Justice Dept. Asking Witnesses About Trump in Its Jan. 6 Investigation
Federal prosecutors sought information about the former president’s role in the efforts to overturn the election as the inquiry accelerates.
Front Page: Wall Street Journal – July 26, 2022
Investors Look Beyond Expected Fed Rate Rise
After Wednesday’s policy meeting, which is expected to result in 0.75-percentage-point rate increase, attention is likely to turn to how the central bank signals its course of action for September and beyond.5 min read
China Targeted Fed to Build Informant Network, Probe Says
The investigation by Senate Republicans found that the decadelong effort included threatening to imprison a Fed economist during a trip to Shanghai unless he agreed to provide nonpublic economic data.
Morning News: Ukraine Grain Deal Missile Strike, Tunisia Vote, Formula 1
Missile strikes on the port of Odessa have dimmed hopes for a UN-brokered deal to get Ukraine’s grain on the move.
We ask what chances it may still have. Tunisia’s constitutional referendum looks destined to formalise a march back to the autocratic rule it shook off during the Arab Spring. And how Formula 1 is looking to crack America.
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