Mario Draghi Resigns as Italian Prime Minister

Bloomberg
Winners and Losers in Democrats’ Signature Tax and Energy Bill
(Bloomberg) -- President Joe Biden and Senate Majority Leader Chuck Schumer are the biggest winners now that a huge piece of Democrats’ economic agenda is hurtling toward enactment. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedTurkish Banks Are Adopting Russian Payments System, Erdogan SaysWinners and Losers in Democrat
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Why Did Elon Musk Get Booed at Tesla's Event?
A rowdy and receptive audience hung on every word as Tesla CEO Elon Musk spoke to stockholders for 90 minutes
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MoneyWise
‘We’re heading into a housing recession’: Here’s what the NAHB CEO sees in real estate right now — and why it spells trouble for the economy
This CEO is connected — and worth listening to.
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Barrons.com
Senate Passes Inflation Reduction Act. What’s Inside.
The package would pump billions of dollars into energy and healthcare programs over the next 10 years, including $430 billion in new spending.
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GOBankingRates
Social Security: New Bill Could Give Seniors an Extra $2,400 a Year
Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval -- something seniors would no doubt welcome as surging...
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Fortune
Nancy Pelosi’s Taiwan trip has intensified the US and China’s chips showdown. Now the world’s chipmakers may be forced to pick a side
The U.S.-China chips battle, which has already been brewing for years, has now reached a critical crossroads.
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Bloomberg
China’s Trade Surplus Hits Record But Slowdown Risks Remain
(Bloomberg) -- China’s surprisingly strong export growth in July lifted its trade surplus to another record and provided some much-needed economic support, but the country will still have to find ways to keep its fragile recovery on track as the global economy slows this year.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment Approve
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The Wall Street Journal
How the Private-Equity Lobby Won—Again
Senate Democrats wanted to change the tax rate on carried-interest income. The industry lobby knew how to push back.
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Rolling Stone
Lindsey Graham Would Like States to Decide If LGBTQ People Count as Fully Human
"If you're going to ask me to have the federal government take over defining marriage, I'm going to say no," the Republican senator said
10h ago
Fort Worth Star-Telegram
Texas voters: You don’t have to like Democrats, but you do have to vote Republicans out
Governor Greg Abbott and his GOP cronies have raised your property taxes through the roof and run the state into the ground. | Opinion
17h ago
The Hill
McConnell gets win on Trump in NATO vote
Senate Minority Leader Mitch McConnell (R-Ky.) clinched a victory on Wednesday when the Senate — including 48 of the chamber’s 50 Republicans — voted overwhelmingly to admit Finland and Sweden to NATO. The resolution, which cleared the chamber in a bipartisan 95-1 vote, was a top priority for the Republican leader, who wanted to send a signal…
11h ago
MarketWatch
Here’s how the Inflation Reduction Act’s rebates and tax credits for heat pumps and solar can lower your energy bill
Congressional action looks to return more money to the pockets of homeowners who opt for energy-efficient upgrades, such as heat pumps and solar panels.
7h ago
The Wall Street Journal
Nancy Pelosi’s Taiwan Gambit Reshapes Political Risk in Asia
Big market moves are unfolding in the wake of the speaker’s visit and China’s response. But they still probably underestimate the real impact.
2d ago
Politico
The Sinema-Manchin split that shaped Dems’ deal
The West Virginia centrist spent months with Chuck Schumer molding Democrats' party-line agenda. In the final hours, he had to accept several of his Arizona colleague's demands.
2h ago
GOBankingRates
Social Security Changes That May Be Coming for 2023
For the last 10 years or so, Social Security has been a fairly static program, with few major changes. But when inflation makes big news, so too does Social Security. This is because so many aspects...
5h ago
The Independent
China-Taiwan news – live: Top Taiwan official found dead as China accused of attack simulation
Official had assumed charge to lead various missile production projects that sought to nearly double output
20h ago
NBC
Full Mace: Abortion 'will be an issue' for Republicans in the midterms
During an exclusive interview with Meet the Press, Rep. Nancy Mace (R-S.C.) tells Chuck Todd on abortion issues, Democrats and Republicans “should be working together.”
13h ago
Bloomberg
‘Most Vulnerable’ Emerging Markets Now Face Euro Recession Risk
(Bloomberg) -- Already suffering from the war in nearby Ukraine, eastern Europe’s main currencies are about to take another blow from a looming euro-area recession. Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesTax Bill Latest: GOP Private Equity Carveout Amendment ApprovedTurkish Banks Are Adopting Russian Payments System, Erdogan SaysWinners and Losers in Democrats’ Signature Tax
11h ago
Yahoo Finance
Paltry U.S. minimum wage 'really striking' amid inflation
The federal minimum wage hasn't budged as inflation erodes workers' purchasing power.
2d ago
MarketWatch
Suddenly, stock-market investors are wrestling with ‘boomflation’ after hot July jobs report
Is it stagflation? Recession? Or is something else gripping the U.S. economy that the Federal Reserve and investors need to consider?
1d ago

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Mario Draghi Resigns as Italian Prime Minister

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