Fitch downgrades U.S. long-term rating to AA+ from AAA
The rating agency cited “expected fiscal deterioration over the next three years.”
Google reshuffles Assistant unit, lays off some staffers, to ‘supercharge’ products with A.I.
Google is making additional big changes in its Assistant group, prioritizing new advancements in artificial intelligence.
Amazon employees leak secret info that marketplace sellers can buy on Telegram
Third-party merchants who have been suspended by Amazon can pay for confidential data to potentially help them get their accounts back up and running.
Copper just had a strong month, a sign the global economy is improving. How to trade it
The price of copper futures rose more than 6% in July, its strongest month since January.
European markets close lower as investors digest earnings; euro zone manufacturing slumps
European markets closed lower on Tuesday as investors digested a busy week of earnings after logging a winning month in July.
Ex-Google recruiter shares the No. 1 thing to do after applying for a job: ‘Everyone fails’ at it
Directly after submitting your resume to an open role, send the CEO and hiring manager a message on LinkedIn then email about why you’re right for the role.
Chinese EV maker Xpeng sees highest deliveries this year but is eclipsed by rivals Nio, Li Auto
Chinese electric carmakers Xpeng, Nio and Li Auto on Tuesday posted vehicle delivery numbers for July, all rising versus the month prior.
Uber shares drop after revenue miss, despite first operating profit
Shares of Uber fell more than 5% on Tuesday after the company reported second-quarter results that missed analysts’ expectations for revenue but offered rosy guidance.
Asia’s factories face weak demand, signaling growth challenges ahead
A slew of private surveys released Tuesday showed that manufacturing activity in many of Asia’s major producers contracted in July.
Myanmar junta grants partial pardon to democracy champion Aung San Suu Kyi
The Nobel Laureate was only last week moved from prison to house arrest in the capital, Naypyitaw, after being in detention since a military coup in early 2021.
