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Earnings Kick Off With Sky-High Forecasts, Record Stock Market

Observers will be watching to see whether companies trounce Wall Street’s expectations and, with stock valuations sitting above long-term norms, seeking clues on what the future holds for company profits.

The Wall Street Journal |  | Fuente original

Global Tax Deal Heads Down Perilous Path in Congress

The Biden administration negotiated a global tax agreement with 130 countries. Getting it through Congress will be tricky.

The Wall Street Journal |  | Fuente original

China Inflation Cools but Beijing Worries Economy Is Losing Heat

China’s factory-gate prices rose at a slightly slower pace in June, raising hopes among economists that inflation in the world’s second-largest economy may have hit a turning point.

The Wall Street Journal |  | Fuente original

‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off

Lured by the aura of degrees from top-flight institutions, many master’s students at universities across the U.S. took on debt beyond what their pay would support, an analysis of federal data on borrowers found.

The Wall Street Journal |  | Fuente original

Hospitals Often Charge Uninsured People the Highest Prices, New Data Show

Cash payers are often charged more than insurance companies for the same service by the same hospital, according to a WSJ analysis of previously confidential data. The comparison became possible for the first time when a new federal rule requiring hospitals to make prices public went into effect in January.

The Wall Street Journal |  | Fuente original

China Targets Firms Listed Overseas After Launching Didi Probe

China said it would tighten rules for companies seeking to sell shares abroad and strengthen oversight of overseas-listed companies, moves that follow scrutiny of Didi Global and could hinder attempts by homegrown firms to raise money in the U.S.

The Wall Street Journal |  | Fuente original

Flaws Emerge in Justice Department Strategy for Prosecuting Wall Street

A Barclays fraud case shows how a push to target financial-industry wrongdoers is running into resistance from judges, who are questioning a central premise of the agency’s approach—enrolling banks to help identify offenders.

The Wall Street Journal |  | Fuente original

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