Breaking Down the Worst Earnings Quarter in Years 
 

A look at how companies and sectors performed in the second quarter of 2023.


 
Rising Treasury yields spooked the stock market. Now, a key test lies ahead. 
 

The Treasury's next round of auctions is about to kick off, giving markets a chance to see how investors respond to the U.S.'s deteriorating fiscal outlook.


 
JPMorgan abandons U.S. recession call, instead sees 'subpar growth' in 2024 
 

A top economist at JPMorgan Chase & Co. no longer expects a recession to arrive in the U.S. before the end of 2023, or in 2024, but says risk of a downturn remain elevated.


 
With China Attending, Ukraine Peace Discussions Inch Forward 
 

The Saudi-hosted talks, which excluded Russia, narrowed gaps between Ukraine and major developing countries over fair conditions to end the war.


 
In Istanbul's Grand Bazaar, Demand for Gold and Dollars Soars 
 

People are pouring money into assets that they see as a safer bet than the Turkish lira, which has declined by more than 80% in the past five years.


 
Need to Hire Workers in a Hot Job Market? Let Them Do Some Remote Work 
 

Employers offering flexible work options are hiring at a faster pace than those requiring full-time office attendance.


 
Stock Market's Weekly Loss a Warning Shot to Investors 
 

A bond selloff pushed up yields and drew traders away from stocks.


 
Slower Hiring This Summer Could Take Heat Off the Fed 
 

Hiring in July remained steady as the Federal Reserve considers whether it must do more to cool inflationary pressures.


 
Saudi Arabia Charts Solo Path on OPEC Policy 
 

The kingdom extended a unilateral cut of one million barrels of oil a day and said it could be deepened.


 
Inflation Is Cooling. Food Inflation Could Get Worse. 
 

Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony.


(END) Dow Jones Newswires

08-06-23 2115ET