Top economists will meet in Jackson, Wyo., this week for a meeting sponsored by the Kansas City Fed. But politicians gathering in France hold the real keys to the economic future. Source: NYT > Business – Jeanna Smialek
Alibaba Postpones Hong Kong Listing as Protests Roil Markets
The Chinese e-commerce giant delayed plans to sell potentially billions of dollars worth of shares in the market, which has fallen as tensions have worsened. Source: NYT > Business – Michael J. de la Merced and Alexandra Stevenson
China Pressures Business Over Hong Kong. Workers Get Caught in the Middle.
Beijing wants global companies to back its power over the city, even as their workers join protests calling for greater say in the fate of their home. Source: NYT > Business – Sui-Lee Wee and Raymond Zhong
G.E. Is Accused of Major Fraud, and Stocks Take a Beating
Plus, WeWork takes steps to go public, and investigations into the Jeffrey Epstein case continue. Source: NYT > Business – Charlotte Cowles
How the Recession of 2020 Could Happen
The freeze-up in business confidence, caused in part by the trade war, could wind up affecting consumer confidence. Source: NYT > Business – Neil Irwin
Alibaba’s Strong Results Suggest Chinese Consumers Are Still Spending
Though growth has slowed, the e-commerce giant’s results signal that the country’s consumers still feel comfortable enough to open their wallets. Source: NYT > Business – Sui-Lee Wee and Raymond Zhong