Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Thousands of anti-racism demonstrators turned out in towns and cities across England on Wednesday night in response to a rumoured wave of far-right disorder that ultimately failed to materialise.Huge rallies in Liverpool, Brighton, Bristol, Newcastle and London mobilised in the early evening to defend a list of locations thought to be targets for violence, including refugee charities and immigration lawyers. But despite fears that the evening would mirror the country’s preceding days of racist attacks and civil unrest, anti-racism protesters were met with…

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Are you a pre-retiree or retiree who’s nervous about the recent stock market volatility? Worried that it might be the start of a stock market crash, as predicted recently by a few pundits? Unfortunately, “worry” is not a strategy! Instead, you’ll want to plan ahead to survive stock market crashes without knowing when they’ll happen, since experts and personal investors alike generally have a poor track record for predicting when the market will crash. Keep in mind that during a long retirement, it’s inevitable that you’ll experience a few stock market crashes. Let’s look at four strategies that can give…

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Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.625% as of July 16, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 5.875%, which is also unchanged from yesterday.  With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…

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Warner Bros. Discovery’s stock dropped on Wednesday after it reported a $9.1 billion write down on its TV networks and missed analyst estimates on revenue.Here is how Warner Bros. Discovery performed:Loss per share: $4.07. That may not compare with the 22 cent loss expected by analysts surveyed by LSEG Revenue:  $9.07 billion vs. $10.071 billion expectedThe company’s shares were down roughly 7% in aftermarket trading.This is breaking news. Please check back for updates. Read the full article here

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JPMorgan Chase CEO Jamie Dimon said Wednesday he still believes that the odds of a “soft landing” for the U.S. economy are around 35% to 40%, making recession the most likely scenario in his mind.When asked by CNBC’s Leslie Picker if he had changed his view from earlier this year that markets were too optimistic on recession risks, Dimon said the odds were “about the same” as his earlier call.”There’s a lot of uncertainty out there,” Dimon said. “I’ve always pointed to geopolitics, housing, the deficits, the spending, the quantitative tightening, the elections, all these things cause some consternation in…

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Some Delta Air Lines passengers whose flights were canceled when the airline melted down due to a global tech outage in July have sued the airline in a class action, alleging that Delta refused or conditioned refunds to passengers as it struggled with mass cancellations. The lawsuit, which seeks class action status, is one of the first legal actions to emerge as Delta, CrowdStrike and Microsoft engage in a public battle over who is responsible — and who should foot the bill — for the widespread computer outages on July 19 that paralyzed Delta and hundreds of other companies around the…

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This article was written byFollowSeeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team Read the full article here

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From left, Australian defence minister Richard Marles and foreign minister Penny Wong and US counterparts Antony Blinken and Lloyd Austin speak to reporters in Annapolis © Kevin Mohatt/ReutersUS secretary of state Antony Blinken warned against further attacks in the Middle East as Washington, Israel and other allies are awaiting expected Iranian retaliation.“Everyone in the region should understand that further attacks only perpetuate conflict, instability, insecurity for everyone, further attacks only raise the risk of dangerous outcomes that no one can predict, and no one can fully control,” Blinken said, speaking after a meeting with the Australian foreign and defence ministers…

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While the American military is rallying allies to yet again help defend Israel against an expected Iranian attack, top American officials are simultaneously pressing partners to push Iran to not carry out a strike – or coordinated strikes with its proxy groups – and asking Israel for restraint to prevent a widespread war in the region. In just the past few days, President Joe Biden and his top diplomat, Secretary of State Antony Blinken, have held a flurry of calls with counterparts across the Middle East. They have each had numerous exchanges with the leaders and foreign ministers of Jordan, Qatar and…

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