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Deepening Poverty Grips Ukraine, Spurs Resilience
With about a fifth of the population relying on humanitarian aid, handouts are helping Ukrainians weather tough times. Source link
Obesity Drugs Won't Starve These Other Potential Blockbusters
Stocks of developers of fatty liver disease treatments had been on a tear until results from Eli Lilly’s medication were published last week. Source link
Companies Are Drowning in Too Much AI
IT sellers are rolling out an avalanche of new generative AI features, leaving CIOs overwhelmed and workers confused. Source link
Iran Floods Global Markets With Cheap Oil as Saudi Arabia Cuts Output
Iranian crude exports have hit a five-year high in recent months as the country ships more oil to China and other buyers. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
Yellen Says U.S. Doesn't Seek 'Winner Take All' Fight With China
The Treasury secretary is in Beijing seeking to curb a steep slide in relations between the world’s two biggest economies. Source link
This Year's Most Buoyant Sector Was a Win for Value Investors
Cruise lines were the top performer of the second quarter and among the top U.S. stocks for the year. Their secret was low expectations. Source
NBCUniversal Entertainment Shake-Up Elevates Veteran Studio Chief
The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. Source link
Jobs Report Will Show Whether Hot Hiring Cooled in June
The strong labor market has fed economic momentum and kept pressure on the Fed to raise rates again as it fights high inflation. Source link