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Highlights

  1. Is the Labor Market About to Crack? It’s the Key Question for the Fed.

    Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.

     By

    David Gurley Jr., a video game programmer who works remotely from his home in Maryland, said he felt grateful to ride out a recent hiring downturn.
    CreditRosem Morton for The New York Times
  2. Why Global Investors Are Watching What Japan Does Next

    Officials at Japan’s central bank are considering when to raise interest rates, as their counterparts in the United States plan to cut them, which could rattle markets around the world.

     By

    An electronic board in Tokyo showing share prices on the Tokyo Stock Exchange last week.
    CreditKazuhiro Nogi/Agence France-Presse — Getty Images
  3. Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.

    Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.

     By Jack Ewing and

    Elon Musk, the chief executive of Tesla, has said the company’s driverless taxi service will catapult its stock market valuation into the trillions.
    CreditGonzalo Fuentes/Reuters
  4. Japan Built Thailand’s Car Industry. Now China Is Gunning for It.

    After dominating sales in Thailand for decades, Mazda, Nissan and other Japanese companies are losing their grip on a market long viewed as a regional hub.

     By Daisuke WakabayashiRiver Akira Davis and

    An Aion showroom beside a Toyota dealership in Bangkok.
    CreditLauren DeCicca for The New York Times
  5. Ackman’s Wait for His Long-Awaited Fund Offering

    The billionaire financier’s U.S.-listed investment vehicle is facing a delay in pricing its I.P.O., the latest speed bump in its journey to the public markets.

     By Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerMichael J. de la MercedLauren HirschEphrat LivniTheodore Schleifer and

    Bill Ackman has had to delay the I.P.O. of his latest fund amid scrutiny of a letter he wrote to some investors about its prospects.
    CreditAndrew Harnik/Associated Press
    DealBook Newsletter

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  1. DealBook Newsletter

    Inside Silicon Valley’s Political Rift

    The election has pit former colleagues and sometime allies against each other, as the tech industry’s libertarian wing puts its money and influence to work.

    By Andrew Ross Sorkin, Ravi Mattu, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Lauren Hirsch, Ephrat Livni and Jeanna Smialek

     
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  3. Frugal Traveler

    Will Free Beer Make Travelers More Responsible?

    In the carrot-versus-stick debate, fees and fines have dominated the conversation. But some destinations’ new policies aim to reward tourists who behave responsibly.

    By Elaine Glusac

     
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  18. A Digital Coin Based on Baby Trump? Yup.

    One of the wildest, most scam-ridden corners of the cryptocurrency industry — memecoins, which are rooted in internet memes — has roared back.

    By David Yaffe-Bellany

     
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