Financial Times
Retailer resolves case with US justice department over allegations it fuelled the nation’s opioid crisis
Bloomberg Markets
Federal Reserve Chairman Kevin Warsh said inflation isn’t meaningfully slowing and warned that policymakers must be confident that it is, otherwise the central bank has “work to do.” He reiterated that policymakers will return inflation to their 2% goal, which he said is a firm and fixed target. He spoke at the Fed’s annual economic symposium in Jackson Hole, Wyoming. (Source: Bloomberg)
Bloomberg Markets
On this episode of the Everybody's Business podcast, Harvard economist Ken Rogoff tells Stacey Vanek Smith and Max Chafkin why he calls the US-Canada trade war a "bar fight" and how President Trump's latest spat with US's closest ally differs from tariff wars with other countries. (Source: Bloomberg)
Yahoo Finance
Bloomberg Markets
The Treasury Department is moving to sever an Egyptian bank’s United Arab Emirates branches from the US financial system as part of efforts to pressure Iran into ending the war in the Middle East.
Yahoo Finance
Bloomberg Markets
Murders in South Africa fell 5.9% in the second quarter from a year earlier, the country’s top law-enforcement official said, attributing the decline to improved policing.