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... Millions Stolen, Death Threats: Should Banks Do More to Fight Pig Butcheringâ?

Scams that trick people into transferring funds fall outside most current fraud protections. Some victims want banks to take responsibility.
https://www.wsj.com/finance/regulation/banks-pig-butchering-fight-fraud-92c06642?mod=rss_markets_main

... Netflix Is Running Out of Worlds to Conquer

With a market value now exceeding $500 billion, the streaming giant faces pressure to keep growing.
https://www.wsj.com/business/media/netflix-is-running-out-of-worlds-to-conquer-8bc98326?mod=rss_markets_main

... How to Limit Galaxy AI to On-Device Processing—or Turn It Off Altogether

You don’t have to accept the AI that Samsung offers you.
https://www.wired.com/story/limit-galaxy-ai-to-on-device-processing-or-turn-it-off/

... Atlantaâs growth streak is ending. “Welcome South, Brother” for many is turning into goodbye as residents look to smaller, more affordable metro areas

“Welcome South, Brother” is turning into goodbye as many residents look to smaller, more affordable metro areas.
https://www.wsj.com/economy/atlanta-population-growth-ending-32aa642c

... If President Trump succeeds in forcing out Fed Chair Jerome Powell, the Federal Reserve would no longer be an independent check on inflation, @greg_ip writes

Without independence, the Fed couldn’t be trusted to give priority to low inflation over the president’s other priorities.
https://www.wsj.com/economy/central-banking/jerome-powell-firing-inflation-defenses-8f33baf8

... At Least 750 US Hospitals Faced Disruptions During Last Yearâs CrowdStrike Outage, Study Finds

Of those, more than 200 appear to have had outages of services related to patient care following CrowdStrike’s disastrous crash, researchers have revealed.
https://www.wired.com/story/at-least-750-us-hospitals-faced-disruptions-during-last-years-crowdstrike-outage-study-finds/

... Chinaâs Salt Typhoon Hackers Breached the US National Guard for Nearly a Year

Plus: Secret IRS data-sharing with ICE, a 20-year-old hackable vulnerability in train brakes, and more.
https://www.wired.com/story/chinas-salt-typhoon-hackers-breached-the-us-national-guard-for-nearly-a-year/

... Treasury Secretary Scott Bessent told the president privately in recent days that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles

Treasury Secretary Scott Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential legal and political obstacles.
https://www.wsj.com/economy/central-banking/trump-jerome-powell-fed-chair-defense-4165e69b

... A bill unveiled Friday aims to provide government backing for second mortgages to finance construction of increasingly popular accessory dwelling units

A bill unveiled Friday aims to provide government backing for second mortgages to finance construction of increasingly popular accessory dwelling units.
https://www.wsj.com/economy/housing/the-push-to-make-tiny-homes-in-backyards-easier-to-finance-82806ff3

... Week Ahead for FX, Bonds: Focus on U.S. PMI, ECB Decision, Japan Elections

Purchasing managers’ surveys in the U.S. and a number of other countries will be watched closely. A decision by the European Central Bank will be the other highlight of the week.
https://www.wsj.com/economy/central-banking/week-ahead-for-fx-bonds-focus-on-u-s-pmi-ecb-decision-japan-elections-339d458c

... Home-building recovered a little in the U.S. last month but remains down on the year.

Home-building recovered a little in the U.S. last month but tariffs continued to cause uncertainty in the sector.
https://www.wsj.com/economy/housing/housing-starts-gain-but-still-lag-on-year-9372fc83

... Economists this month dialed back their earlier pessimism that U.S. trade policies would lead to slower growth and higher inflation this year—at least for the near term

A WSJ survey shows less pessimism regarding the second quarter. Uncertainty over trade policy and immigration is clouding the longer-term outlook.
https://www.wsj.com/economy/economists-us-recession-expectation-survey-91e45d95

... Japan Inflation Eases, But BOJ Still Faces Policy Challenges

A slight easing in consumer inflation is welcome news for the Japanese central bank, but stubbornly high food prices will be of concern for policymakers.
https://www.wsj.com/economy/japan-consumer-inflation-eases-in-relief-for-boj-08e483cd

... Leading Economies Must Work Together to Fix Imbalances, or Face Instability, Says BOEâs Bailey

The U.S., China and other leading economies should work together to agree on a set of national policies that will help narrow the large imbalances that now threaten the global trade system, the Bank of England governor said.
https://www.wsj.com/economy/global/leading-economies-must-work-together-to-fix-imbalances-or-face-instability-says-boes-bailey-0fab8109

... U.K. Economy Unexpectedly Slumps to Second Straight Month of Contraction

The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate soon.
https://www.wsj.com/economy/global/u-k-economy-slumps-to-second-straight-month-of-contraction-40cb4c11

... Without Remedy, Countries With Aging Populations Are Set for Weaker Income Growth, Says OECD

Incomes in rich countries are going to grow much more slowly as populations age unless more women, older people and migrants can be persuaded to work, the OECD said.
https://www.wsj.com/economy/global/without-remedy-countries-with-aging-populations-are-set-for-weaker-income-growth-says-oecd-7ad9d2e7

... Food Prices Rose in June, Driven by Meat, Vegetable-Oil Increases

Food prices rose in June as higher meat, vegetable-oil and dairy prices offset lower cereal and sugar prices, the Food and Agriculture Organization of the U.N. said.
https://www.wsj.com/economy/global/food-prices-rose-in-june-driven-by-meat-vegetable-oil-increases-df0a7172

... Meanwhile, Bank of England Gov. Bailey says that the direction of interest rates continues to be downwardsâ

The central bank’s key interest rate is below the level at which it neither stimulates nor restricts growth, while underlying inflation is set to rise slowly, Gov. Kazuo Ueda said.
https://www.wsj.com/articles/bank-of-japans-key-rate-is-below-neutral-says-gov-kazuo-ueda-c1fdbc81

... Heard on the Street: The number of first-time home buyers is dwindling, and they are handing a win to landlords

America’s renter population has hit a record because fewer people can afford to get on the housing ladder.
https://www.wsj.com/economy/housing/first-time-home-buyers-are-mia-landlords-are-the-winners-4c60cdb2

... Mortgage rates holding stubbornly above 6.6% leave many people stuck with higher monthly costs and no path to refinance

Mortgage rates holding stubbornly above 6.6% leave many people stuck with higher monthly costs and no path to refinance
https://www.wsj.com/economy/housing/mortgage-rates-refinancing-211fa026