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JPMorgan Chase Sees Economic Turmoil Brewing, but Few Signs of Recession So Far

Second-quarter profit at JPMorgan fell 28% even as the nation’s largest bank said it is seeing few signs a recession is imminent, underscoring the uncertainty looming over markets and the economy.

The Wall Street Journal |  | Fuente original

China’s Economy Records 0.4% Growth, Weakest Since Wuhan Lockdown

The Chinese economy narrowly avoided a contraction in the second quarter as Beijing’s zero-Covid approach took a toll.

The Wall Street Journal |  | Fuente original

Netflix Partners With Microsoft for New Advertising-Backed Option

Microsoft will supply technology and support sales efforts for Netflix’s ad-supported offering.

The Wall Street Journal |  | Fuente original

U.S. Inflation Hits New Four-Decade High of 9.1%

Inflation reached its highest rate in nearly 41 years in June. Prices were up broadly across the economy, with gasoline far outpacing other categories.

The Wall Street Journal |  | Fuente original

Netflix Seeks to Renegotiate Deals to Show Ads Next to Popular Shows

The streaming giant wants to amend its programming deals with major entertainment studios to allow it to put content on an ad-supported version of the service.

The Wall Street Journal |  | Fuente original

Twitter Sues Elon Musk to Enforce $44 Billion Merger

Twitter sued Elon Musk over the billionaire’s attempt to walk away from his $44 billion takeover bid, seeking to force him to honor the terms of the deal.

The Wall Street Journal |  | Fuente original

First Full-Color Image From NASA’s James Webb Space Telescope Unveiled by Biden

The image from NASA’s James Webb Space Telescope, launched in December, showed thousands of galaxies in a galaxy cluster in extraordinary detail.

The Wall Street Journal |  | Fuente original

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