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America’s Infrastructure Struggles With New Weather Forecast

Historically anomalous heat and rain have overwhelmed systems designed to withstand old meteorological patterns, and climatologists expect still worse with climate change. “We’ve never seen destruction like this before.”

The Wall Street Journal |  | Fuente original

Inflation Surge Whips Up Market Froth

A drop in inflation-adjusted government bond yields has pushed investors to riskier parts of the market including stocks and initial public offerings.

The Wall Street Journal |  | Fuente original

Democrats Try to Heal Rifts, Pass $2 Trillion Spending Bill

House Speaker Nancy Pelosi appears to have enough votes to pass the education, healthcare and climate bill, but the tensions between centrists and progressives are a microcosm of a larger strain between the party’s factions.

The Wall Street Journal |  | Fuente original

Toshiba, Like GE, Plans to Split Into Three Parts

The company plans the split by March 2024 in response to shareholder pressure for a more focused structure.

The Wall Street Journal |  | Fuente original

South Africa Can’t Afford to Quit Coal. Will Rich Countries Pay for the Transition?

Pressure to end coal-powered electricity generation has fired tensions between already-industrialized nations and developing ones, which have poured billions into coal infrastructure. South Africa is the most dependent on the fuel of any G-20 country.

The Wall Street Journal |  | Fuente original

China’s Plan to Manage Evergrande: Take It Apart, Slowly

Beijing is working on a controlled implosion of the real-estate giant, selling off some of its assets while limiting damage to home buyers and businesses involved in its unfinished projects.

The Wall Street Journal |  | Fuente original

Broad Selloff Signals Inflation Fears Are Warming

Price moves suggest investors are preparing for both higher inflation and aggressive moves by the Fed over the next two years.

The Wall Street Journal |  | Fuente original