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Consumers to Face New Limits on Short-Term Health Insurance
The Biden administration’s proposed rule would restrict plans to a few months in an effort to protect Obamacare. Source link
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
Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. 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
Stocks Slip as Fed Minutes Reinforce Rate Expectations
Major stock indexes edged lower after the release of the Federal Reserve’s June meeting minutes and weak economic data out of China. 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
Desire for Interest on Deposits Is Bad for Main Street Banks
Community banks expected the Fed’s interest-rate increases to help them, but instead they are hurting. Source link
Part 2: Some Assembly Required
In a meeting at Donald Trump’s Mar-a-Lago resort, Marvel’s Ike Perlmutter is pitched an unusual idea: That a small comic book publisher should make its
Goodbye, Volkswagen: China's New EV Winners
The new top dogs in China’s electric vehicle market are starting to thin out the pack. Tesla is in the running, but most other foreign