China bets on state capital for growth as credit demand stays weak

China bets on state capital for growth as credit demand stays weak

GUANGZHOU, CHINA – JULY 14: The exterior of a branch of the Agricultural Bank of China (ABC) is seen on July 14, 2026 in Guangzhou, Guangdong province, China. Cheng Xin | Getty Images News | Getty Images China’s Finance Ministry is leading a smaller-than-expected $54 billion capital injection into state-run banks and insurers, as Beijing … Read more

U.S. Treasury yields, markets, Scott Bessent

U.S. Treasury yields, markets, Scott Bessent

Treasury yields face a key test of 4.8%, and a sustained move above that level could create “significant issues” for other asset classes, according to Matt Maley, chief market strategist at Miller Tabak + Co. “We remain concerned about the Treasury market… as rising fiscal deficits, massive debt issuance and heavy corporate borrowing continue to … Read more

Oil extends gains after US and Iran strike ships

Oil extends gains after US and Iran strike ships

By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Monday, as attacks between the United States and Iran on ships sailing in the Strait of Hormuz and other areas raised concerns of a prolonged supply disruption from the Middle East. Brent crude futures rose 52 cents, or 0.54%, to $96.80 a barrel by … Read more

Mechanic With 20 Years’ Experience Working On Cars Learns About A Japanese Oil Change. Americans Are Doing It Wrong

Mechanic With 20 Years’ Experience Working On Cars Learns About A Japanese Oil Change. Americans Are Doing It Wrong

There aren’t many routine maintenance jobs simpler and less exciting than an oil change. It’s been the same routine for generations, with no need for innovation or improvement: drain the oil, change the filter, refill it and move on. So when a mechanic with about two decades of experience discovered a version that includes extra … Read more

Live Updates: 5 dead, 5 injured after Amazon cargo plane crashes near MIA, sheriff says – NBC 6 South Florida

Live Updates: 5 dead, 5 injured after Amazon cargo plane crashes near MIA, sheriff says – NBC 6 South Florida

Five people were killed and several others were injured after an Amazon cargo plane overran a runway at Miami International Airport on Sunday, authorities said. Video captured the plane crashing. During a press conference, Miami-Dade Sheriff Rosie Cordero-Stutz said the Amazon cargo plane crashed at 1:58 p.m. after overrunning runway 30 at the airport. Miami-Dade … Read more

Mysterious Black Jet That Emerged At Long Beach Airport Identified

Mysterious Black Jet That Emerged At Long Beach Airport Identified

The TWZ Newsletter Weekly information and analysis on the latest developments in military technology, strategy and foreign policy. A handful of aviation photographers were surprised to see the silhouette of a large, very sleek plane Thursday night at Long Beach Airport. One of them was Ricky Schol, who saw the mysterious airframe emerge from a … Read more

Meta Will Spend Millions for Teen Therapy. It’s a Mistake.

Meta Will Spend Millions for Teen Therapy. It’s a Mistake.

Early last month in a New Mexico court, a judge ordered Meta, the owner of Facebook and Instagram, to pay a $567 million fine for the addiction and mental health problems its platforms have caused teenagers. Of that amount, about $420 million will go toward “treatment services” for children who have been harmed due to … Read more