US stocks edge lower as August slump continues amid China property woes

Tech Insider

trader nyse screens
: Traders work on the floor of the New York Stock Exchange (NYSE) on June 01, 2023 in New York City. Despite the passing the debt ceiling bill in the U.S. House of Representatives, the Dow was lower in morning trading.

Spencer Platt/Getty

Soccer fans caught burning or ripping money in Argentina face up to 30 days in prison as the country cracks down on those mocking its high inflation

Tech Insider : Economy
Fans of Corinthians rip an Argentinian bill prior to a Copa Libertadores round of sixteen second leg match between Boca Juniors and Corinthians.
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Most of what we've heard about the yuan dethroning the dollar is from the West. Here's what China's actually said about it.

Tech Insider : Economy, Politics
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.
China is pushing for the yuan to play a larger role in international trade but hasn't openly called for the yuan to replace the dollar as the world's reserve currency.

ByoungJoo/Getty Images

Russia's bitcoin-mining industry is booming through war and sanctions

Tech Insider : Crypto
Moscow Russia daily life
People walk along closed empty Red Square with the Kremlin Wall in the background in Moscow, Russia, Tuesday, June 27, 2023. Life has returned to normal in the Russian capital after the abortive coup mounted by mercenary chief Yevgeny Prigozhin.

(AP Photo/Alexander Zemlianichenko)

The dollar's troubles are far from over - expect a slump toward 2020 lows, a Societe Generale analyst says

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dollar bills

Reuters/Beawiharta

Russia plans a digital version of the ruble after an 19% slide against the dollar this year

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Timing the market isn't easy during a debt-ceiling showdown. Investors should stick to this strategy instead.

Tech Insider

Happy Saturday, folks. I'm Phil Rosen, it's good to see you today.

As we've talked about all week, there's a looming debt-ceiling deadline right around the corner, and unless lawmakers get their act together, financial markets could soon be in for a world of pain.

Today I'm eager to share my conversation with a top personal finance and economy expert from Bankrate.

When Jamie Dimon speaks, Wall Street listens - and he just warned of catastrophe

Tech Insider : Politics

Good morning to everyone except the fast-approaching debt ceiling. Phil Rosen here. 

South Africa's currency eyes record low after US accuses the country of secretly selling weapons to Russia

Tech Insider
Russian President Vladimir Putin (left) speaks to South African President, Cyril Ramaphosa (right)
Russian President Vladimir Putin with South African President Cyril Ramaphosa.

Sergei Chirikov/Associated Press

The 'implosion of Russia as a great power' has opened the door for China to capitalize on Moscow's weakening economy

Tech Insider
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping during a welcome ceremony before Russia - China talks in narrow format at the Kremlin in Moscow, Russia March 21, 2023.
Russian President Vladimir Putin shakes hands with Chinese President Xi Jinping at the Kremlin on March 21.

Sputnik/Sergei Karpukhin/Pool via Reuters

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