More rain ahead for Texas as cleanup begins after flooding emergency hits Gulf Coast

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While Tropical Storm Elsa was dumping heavy rain on Florida on Wednesday, Texas was dealing with its own flooding crisis.
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July 08, 2021 at 08:29AM
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Biden has just a few weeks for key decisions that will shape Afghanistan

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With the Taliban advancing across rural parts of Afghanistan, and criticism mounting over what some view as an overly hasty departure, the Biden administration is staring down a few short weeks to make a handful of critical decisions it’s put off until the last minute.
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July 08, 2021 at 08:29AM
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Volkswagen and BMW fined $1 billion for running emissions cartel

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The European Commission has fined Volkswagen Group and BMW $1 billion for colluding with Daimler to hold back the development of technology that could have reduced harmful emissions from their vehicles.
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July 08, 2021 at 06:29AM
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Covid destroyed 22 million jobs in rich countries

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The coronavirus pandemic has destroyed 22 million jobs in wealthy countries, according to the Organization for Economic Cooperation and Development.
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July 08, 2021 at 05:29AM
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Opinion: This is the beginning of the end for Big Oil

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After a pandemic and a price war sent petroleum prices tumbling in 2020, they are again on the rise. A new oil price super cycle — an extended period during which prices exceed their long-term trend — seems to be in the making.
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July 08, 2021 at 05:29AM
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Marvel’s long-awaited release of ‘Black Widow’ is a triumphant moment for the movie industry

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A version of this article first appeared in the “Reliable Sources” newsletter.
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July 08, 2021 at 04:29AM
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Dow futures fall on Delta variant fears

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US stock futures tumbled Thursday as investors grew fearful that the electric global economic rebound was slowing.
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July 08, 2021 at 03:29AM
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Central banks can’t get enough stimulus

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The European Central Bank has unveiled a new strategy following an 18-month review that could provide policymakers with justification to continue to provide stimulus for years to come.
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July 08, 2021 at 03:29AM
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China just gave a big F-U to America, hedge fund manager says

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Kyle Bass, the hedge fund manager and outspoken critic of Beijing, says the timing of China’s crackdown on ride-hailing app Didi is no coincidence.
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July 08, 2021 at 02:29AM
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Lamborghini and Lotus unveil last gasoline-only supercars

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Lamborghini on Wednesday unveiled what will be its last V12-powered supercar driven purely on gasoline. While there will be more V12 Lamborghini models in the future, they will be plug-in hybrids, the Italian supercar manufacturer said.
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July 08, 2021 at 02:29AM
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