New unproductive forces: the Chinese youth owning their unemployment

After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment influencer. The Guangzhou-based vlogger, 32, offers career advice to her 8,400 followers, charting her journey through long-term joblessness. China is under instruction to unleash "new productive forces", with government policies targeting narrow areas of science and technology including AI and robotics.

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for further interest-rate reductions after an all-but-certain cut in a little more than two weeks.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi

Why investors turn to ETFs during times of market stress

Guyana Raises Growth Estimates to 43% as Oil Production Surges

(Bloomberg) -- President Irfaan Ali raised estimates for Guyana’s yearly growth to 42.8% from a prior 34.8%, as he projects “ramped up” investments from the public and private sectors.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards,

Harris's proposed unrealized capital gains tax is unlikely to pass: CIO

Yemen’s Houthi rebels fire 2 missiles at a container ship as an oil tanker burns

Yemen's Houthi rebels fired two missiles targeting a Liberian-flagged container ship in the Gulf of Aden, though the projectiles splashed down nearby without causing any damage, authorities said Saturday. The attack comes after the Houthis repeatedly assaulted and then boarded a Greek-flagged oil tanker in the nearby Red Sea, planting explosives on it they later detonated. In the attack Friday night, two missiles exploded in close proximity to the vessel some 240 kilometers (150 miles) east of Aden, the British military's United Kingdom Maritime Trade Operations center said.

Harris, Trump, and their allies have roughly $1 billion. Now the race is on to spend it.

This week in Bidenomics: Maybe things are okay?

Charting the Global Economy: Inflation Eases in US and Europe

(Bloomberg) -- Inflation cooled in the US and Europe, setting the stage for policymakers in both regions to lower interest rates in September.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowOn a three-month annualiz

Hunt for Fed-Pivot Winners Sparks a Rush to Indonesia, Malaysia

(Bloomberg) -- Global investors are boosting exposure to Indonesia and Malaysia on bets the two markets will benefit more than their developing-nation peers as the Federal Reserve looks set to embark on monetary easing.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsAs Rural