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... Why So Many People Get Financial Advice That Is Wrong for Them

Advisers too often assume all people have somewhat similar preferences. The result is that outliers—and there are a lot of them—get investments that don’t fit their needs.
https://www.wsj.com/finance/investing/financial-advice-investments-personalization-fea73e95?mod=rss_markets_main

... Meta and Microsoft Keep Their License to Spend

Strong performance of core businesses gives cover to blowout AI investments—for now.
https://www.wsj.com/tech/ai/meta-ai-spending-budget-zuckerberg-c3dae6aa?mod=rss_markets_main

... UnitedHealth Faces Long Road to Recovery

Returning CEO Stephen Hemsley is lowering expectations, but perhaps not enough.
https://www.wsj.com/health/healthcare/unitedhealth-faces-long-road-to-recovery-3572ebf2?mod=rss_markets_main

... Private-Equity Firms Havenât Cracked the 401(k) Fee Riddle, Experts Say

Entering U.S. retirement accounts could force firms to better disclose and potentially decrease the fees they charge.
https://www.wsj.com/articles/private-equity-firms-havent-cracked-the-401-k-fee-riddle-experts-say-e3c42326?mod=rss_markets_main

... S&P 500 Breaks Winning Streak After U.S.-China Meeting Ends Without a Deal

Earnings reports showed signs of tariff-induced stress.
https://www.wsj.com/finance/stocks/s-p-500-breaks-winning-streak-after-u-s-china-meeting-ends-without-a-deal-2b46423c?mod=rss_markets_main

... Hospital Failures Following Private-Equity Payouts Leave Patients, Taxpayers in Lurch

The bankruptcies of Steward Health Care and Prospect Medical have left communities with gaps in healthcare and government budgets.
https://www.wsj.com/articles/hospital-failures-following-private-equity-payouts-leave-patients-taxpayers-in-lurch-d706b41d?mod=rss_markets_main

... Global Markets Mixed as Investors Digest Tariff Impact on Earnings

U.S. stock futures were pretty much flat ahead of earnings from Microsoft, Meta and Qualcomm, among others.
https://www.wsj.com/finance/global-markets-mixed-as-investors-digest-tariff-impact-on-earnings-f24c009b?mod=rss_markets_main

... One of Blackstoneâs Highest-Ranking Women Killed in Shooting

Wesley LePatner was a star in Blackstone’s vast real-estate business, rising to oversee one of its major strategies and one of its biggest funds.
https://www.wsj.com/finance/who-is-wesley-lepatner-blackstone-executive-nyc-shooting-5e08d511?mod=rss_markets_main

... Four charts show how the condo market is floundering

More condos are on the market, and units are taking longer to sell.
https://www.wsj.com/economy/housing/condo-housing-market-trends-charts-7d19eeb8

... Eurozone Proves Robust as Joblessness Stays at Record Lows

The jobless rate stood at 6.2% in June, unchanged from a revised May estimate and matching historically low levels.
https://www.wsj.com/economy/eurozone-joblessness-stays-at-record-lows-as-economy-proves-resilient-3adce77f

... Bank of Japan Raises Price Forecasts, Fueling Rate-Hike Hopes

The central bank held its overnight call rate target steady at 0.5%, where it has remained since its last hike in January.
https://www.wsj.com/articles/bank-of-japan-stands-pat-but-raises-price-forecasts-116a7887

... French Inflation Stays Steady as ECB Holds Rates

Consumer prices rose 0.9% on year this month, remaining stable and likely keeping the European Central Bank cautious over any further rate cuts ahead.
https://www.wsj.com/economy/french-inflation-stays-steady-as-ecb-holds-rates-9abf937a

... China Official PMIs Signal Impending Slowdown

The country’s official gauges of economic activity weakened in July, signaling a potential economic slowdown after resilient growth in the first half of the year.
https://www.wsj.com/economy/china-manufacturing-activity-contracts-for-fourth-straight-month-dbbe41b4

... Fed Chair Jerome Powell is keeping his options wide open for the September meeting, promising little while ruling out nothing

The Fed chair is keeping his options wide open for the September meeting, promising little while ruling out nothing.
https://www.wsj.com/economy/central-banking/powells-gamble-that-the-economy-will-reveal-its-true-self-in-the-next-two-months-a62e0ddc

... AB InBev Shares Plunge as Sales Volumes Miss Forecasts

The world’s largest brewer reported a steeper decline in sales volumes than analysts had expected, sending shares sharply lower in European morning trade.
https://www.wsj.com/business/earnings/bud-brewer-ab-inbevs-profit-rises-ahead-of-views-despite-sales-volume-decline-4c52b0bc?mod=pls_whats_news_us_business_f

... British American Tobacco Backs Guidance on Better-Than-Expected Earnings

The tobacco group said it expects to meet the top end of its 2025 guidance of revenue growth of 1% to 2% at constant rates.
https://www.wsj.com/business/earnings/british-american-tobacco-backs-guidance-on-better-than-expected-earnings-aec1e7fb?mod=pls_whats_news_us_business_f

... President Trumpâs popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and railroad employees, among other groups

President Trump’s popular policy will cut taxes on overtime pay for millions of workers, but the deduction excludes airline and railroad employees, among other groups.
https://www.wsj.com/politics/policy/no-tax-overtime-trump-bill-df3a6cf2

... Senators rejected an effort to block U.S. arms sales to Israel, even as lawmakers expressed growing concerns over famine in Gaza

The votes took on new prominence following an international outcry over images of malnourished babies and children in the Palestinian enclave.
https://www.wsj.com/politics/policy/republican-gaza-israel-party-split-4bfefcdb

... Pepper…and Salt


https://www.wsj.com/opinion/pepperand-salt-6bccf7c6

... Majority of ICE arrests in Trump's first 5 months were in these states

Statistics indicate Texas saw nearly a quarter of all ICE arrests during President Trump's first 5 months in office. About 11% of arrests occurred in Florida and 7% in California.
https://www.cbsnews.com/news/ice-arrests-border-and-southern-states/