Opening of trading was pushed back one hour and 40 minutes as the stock exchange tried to determine the cause. Source: NYT > Business – Amie Tsang
Why a $1.2 Billion Gambling Mecca Has Fallen on Hard Times
New York’s newest casinos are already struggling for survival, as an oversaturated market has cannibalized gaming revenue. Source: NYT > Business – Jesse McKinley
India Shut Down Kashmir’s Internet Access. Now, ‘We Cannot Do Anything.’
Pharmacists can’t restock medicines; workers aren’t being paid. But the government still loves to block the internet for “peace and tranquillity.” Source: NYT > Business – Vindu Goel, Karan Deep Singh and Sameer Yasir
In Delaying Tariffs, Trump Faces Up to Economic Reality
President Trump insists China is paying the full cost of his tariffs. But his decision to push some of them off until December is an admission of their impact on American consumers. Source: NYT > Business – Jim Tankersley
Stocks Plunge as Bonds Signal Rising Concern About Growth
Yields on United States government bonds fell, indicating lower expectations for growth and extending a drop that began as the trade war intensified. Source: NYT > Business – Matt Phillips
In Delaying Tariffs, Trump Faces Up to Economic Reality
President Trump insists China is paying the full cost of his tariffs. But his decision to push some of them off until December is an admission of their impact on American consumers. Source: NYT > Business – Jim Tankersley