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Highlights

    1. 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.
      An electronic board in Tokyo showing share prices on the Tokyo Stock Exchange last week.
      CreditKazuhiro Nogi/Agence France-Presse — Getty Images
  1. 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
  2. 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
  3. ‘Deadpool & Wolverine’ Reverses Marvel’s Box Office Slump

    The superhero sequel was on pace to collect about $200 million at North American theaters over the weekend, a record opening for an R-rated movie.

     By

    Fans dressed as Deadpool outside the movie’s New York premiere on July 22.
    CreditCaitlin Ochs/Reuters
  4. Britain’s Labour Government Says It Inherited a $28 Billion Budget Hole

    Rachel Reeves, the chancellor of the Exchequer, cut some infrastructure funding and pensions benefits, adding that more “difficult decisions” would come later this year.

     By

    After a decade and a half of economic stagnation in Britain, the Labour Party campaigned on a mission to restore economic growth.
    CreditSam Bush for The New York Times
  5. Hollywood’s Message to Red States: Our Movies Are for You

    After a period of openly using movies to display progressive values, studios seem to be heeding a message from many ticket buyers: Just entertain us.

     By

    The box office hit “Twisters” doesn’t mention climate change, and its director said movies should not be about “preaching a message.”
    CreditMelinda Sue Gordon/Universal Pictures

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  1.  
  2. 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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  17. 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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  22. The Big Number

    45%

    Tesla’s drop in profit in the second quarter.

    By Santul Nerkar

     
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  28. DealBook Newsletter

    Behind the Democrats’ Fight Over Lina Khan’s Future

    A debate over whether the F.T.C. chair should stay reflects broader anxiety over how Kamala Harris would regulate business.

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

     
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  41. DealBook Newsletter

    Rupert Murdoch’s Game of Thrones

    The battle between the media mogul and three of his children over control of his empire has big ramifications for politics, media and more.

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

     
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