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Blue Owl’s nixed fund merger shows the risks for managers chasing retail money: It comes with retail vibes.
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Tensions between US, Saudi Arabia ease as more deals struck
Closer ties with the US could mend a longstanding complaint from Saudi Arabia that its investments are unfairly scrutinized under national security laws.
US sees unexpected hiring surge in September, though concerns remain
The long-delayed September jobs report showed that 119,000 jobs were added, while 4,000 jobs were lost in August.
Saudi leader’s Washington visit has plenty of fanfare but few details
One clear theme of the US-Saudi business summit: the importance of exporting US tech to the global AI race.
In the coming energy glut, solar will outshine LNG
China and the US have competing visions for the future of energy, and Beijing is looking like the safer bet.
US EV sales hit record high as incentives end
Investments in clean energy and transportation hit $75 billion in the US in the third quarter of this year, a Rhodium report found.
India races to stockpile Russian oil
New Delhi has been buying Russian crude at steep discounts since the Kremlin’s 2022 invasion of Ukraine.
China considers stimulus package for battered real estate sector
Beijing is for the first time considering options such as mortgage subsidies and lowering home transaction costs to reverse the years-long slump.
Some US economic data lost for good because of shutdown
An information shortfall will likely make economic policymaking much harder.
Headlines
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Quartz countertops are driving a public health crisis in the US – 2 occupational health experts explain the surge of lung transplants and lawsuits
How local communities are challenging Big Tech data centers’ noise, pollution and rising electricity bills
The drawer problem: Why so many of us can’t let go of our old electronics, and what we can do about it
Before SpaceX IPO, Investors in China Secretly Acquired Stakes
From Cell to Cell, Jailed Minnesota Unionists Sang of Freedom
How (and When) to Build a Union Reform Caucus: Advice from a Grocery Worker
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