
‘He says he doesn’t want to pay rent, as he is not getting anything in return and the money is wasted. He thinks I am making money from him.’

Li Auto reported strong June and Q2 deliveries, following China EV rivals Nio and Xpeng Motors. Li Auto and Nio stock rose.

Amid a record number of job openings, Americans are taking their time looking for work, with only about 10% of job seekers actively searching for a new gig. The survey included both unemployed people and people who have a job. Meanwhile, as businesses say they can’t find enough workers, Republican governors in several states have cut the enhanced unemployment benefits that went into effect when the U.S. was first in the grip of the coronavirus pandemic.

The Chinese Communist Party marked its centenary with tough talk by Chinese President Xi Jinping. That weighed on stocks in the region.
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