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An employee arranges shopping carts outside a Walmart store in Chicago, Illinois, U.S., November 20, 2018. Shares in Walmart, which have climbed 12.3% this year, were up about 3% in premarket trading. Smaller rival Target (TGT.N) on Wednesday beat quarterly profit estimates, benefiting from leaner inventory, but in contrast to Walmart, cut its forecast for the year. Online sales rose 24% in the second quarter, mainly driven by double-digit growth in store-fulfilled pickup and delivery. The company's global advertising business, called Walmart Connect, rose 35%.

Persons: Kamil Krzaczynski, Hogan, John David Rainey, Aishwarya Venugopal, Siddharth Cavale, Sriraj Kalluvila, Sharon Singleton Organizations: Walmart, REUTERS, Walmart Inc, Riley, Walmart's, Wednesday, Thomson Locations: Chicago , Illinois, U.S, United States, Bengaluru, New York

☆ MLB roundup: Cubs earn walk-off win over White Sox
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +10 min

The Cubs managed just three hits over seven innings and struck out seven times against White Sox starter Mike Clevinger. Rangers starter Jon Gray (8-6) gave up six hits and one run in seven innings. Nationals 6, Red Sox 2Keibert Ruiz broke a tie with a three-run homer in the eighth inning as Washington beat visiting Boston. Mariners starter Luis Castillo (9-7) surrendered four runs on nine hits in seven innings. Padres starter Blake Snell (10-8) gave up two runs on three hits and two walks with five strikeouts in six innings.

Persons: Christopher Morel, Kamil Krzaczynski, Mike Clevinger, Nick Madrigal, Aaron Bummer, Gregory Santos, Cody Bellinger, Dansby Swanson, Morel, Drew Smyly, Gavin Sheets, Reid Detmers, Marcus Semien's, Detmers, Shohei Ohtani, Matt Thaiss, Jon Gray, Christian Walker, Kyle Lewis, Corbin Carroll, Walker, Tommy Pham, Tyler Kinley, Kyle Nelson, Paul Sewald, Ryan McMahon, Nolan Jones, Ezequiel Tovar, Clayton Kershaw, Miguel Rojas, Chris Taylor, Mookie Betts, Freddie Freeman, Will Smith, Betts, Kershaw, Mark Canha, Wade Miley, DJ Stewart, Francisco Lindor's, Pete Alonso, Tylor, Bryan Reynolds, Alika Williams, Johan Oviedo, Spencer Torkelson, Riley Greene, Tyler Holton, Jorge Polanco, Max Kepler, Edouard Julien, Royce Lewis, Aaron Civale, Luke Raley, Josh Lowe, Brandon Lowe, Ross Stripling, Ryan Walker, Keibert Ruiz, Stone Garrett, Jose A, Ferrer, Boston's Pablo Reyes, Jordan Weems, Garrett Whitlock, Charlie Morton, Morton, Randy Vasquez, Julio Rodriguez, Maikel Garcia, Seattle's Dylan Moore, Garcia couldn't, Moore, Teoscar, Dylan Coleman, Luis Castillo, Garcia, Alex Bregman, Kyle Tucker, Chas McCormick, Tucker, Justin Verlander, Verlander, Jake Burger, Paul Blackburn, Louis . Blackburn, Austin Pruitt, Zack Gelof, Jordan Diaz, Gelof, Diaz, Matt McLain, TJ Friedl, Andrew Abbott, Bryce Harper, Jake Cave, Cave, Daulton Varsho, Fernando Tatis Jr, Blake Snell, Josh Hader, Ryan Mountcastle, Dean Kremer Organizations: Chicago Cubs, Chicago White Sox, Wrigley, Cubs, White Sox, Rangers, Diamondbacks, Rockies, Arizona, Colorado, Dodgers, Brewers, Milwaukee, National League Central, NL West, Mets, Pirates, New, Pittsburgh, Tigers, Twins, Detroit, Minnesota, Giants, Tampa Bay, Rays, Cleveland Guardians, Bay ., Nationals, Red Sox, Washington, Boston, Braves, Yankees, The Braves, Mariners, Royals, Seattle, Kansas City, Astros, Marlins, Houston, Miami, Athletics, Cardinals, Oakland, Reds, Cincinnati, Cleveland, Phillies, Blue Jays, Philadelphia, Toronto, Padres, Orioles, Baltimore, Thomson Locations: Chicago , Illinois, USA, Los Angeles, Arlington , Texas, Texas, Denver, New York, Minneapolis, Francisco, Atlanta, York, Kansas, Diego

☆ Patrick deWitt Would Like to Eat Sushi With Emily Dickinson
▼ + stars: | 2023-08-17 | by ( ) www.nytimes.com time to read: +2 min

What’s the last great book you read? I loved the pair of Gwendoline Riley novels NYRB put out last year, “My Phantoms” and “First Love.” I enjoy reading about awful, sickening people, and these books are filled with them. But they’re awful and sickening in a way that, while not unfamiliar to my life experience, felt new — they’re awful and sickening in a way I’d not seen in literature before. Can a great book be badly written? I bought a book called “The Loser,” by William Hoffman Jr., based on its incredible cover (Funk & Wagnalls hardcover edition circa 1968).

Persons: Gary Indiana, Joanne Kyger, ”, Lucy Sante, Dodie Bellamy, “, William Gardner Smith, Bill Berkson, Frank O’Hara, Joe LeSueur, Andy Kaufman, Julie Hecht, What’s, Gwendoline Riley, NYRB, William Hoffman Jr, It’s, Hoffman, Luck Organizations: Phantoms Locations: Japan, India

☆ A Sanitized ‘French Connection’ vs. the Hip-Hop Gutter
▼ + stars: | 2023-08-16 | by ( Jason L. Riley | ) www.wsj.com time to read: +1 min

He is also a senior fellow at the Manhattan Institute and provides television commentary for various news outlets. Mr. Riley joined the paper in 1994 as a copy reader on the national news desk in New York. He moved to the editorial page in 1995, was named a senior editorial page writer in 2000, and became a member of the Editorial Board in 2005. He joined the Manhattan Institute in 2015. Born in Buffalo, New York, Mr. Riley earned a bachelor's degree in English from the State University of New York at Buffalo.

Persons: Jason Riley, Riley, ”, “, Thomas Sowell ” Organizations: Wall Street, Mobility, Manhattan Institute, Borders, Blacks, Editorial, State University of New, USA, Buffalo News Locations: New York, Buffalo , New York, State University of New York, Buffalo

☆ Spencer Torkelson powers Tigers' comeback vs. Twins
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

[1/38] Aug 16, 2023; Minneapolis, Minnesota, USA; Detroit Tigers third baseman Matt Vierling (8) throws the ball to first base for an out against the Minnesota Twins in the fourth inning at Target Field. Mandatory Credit: Jesse Johnson-USA TODAY Sports Acquire Licensing RightsAugust 16 - Spencer Torkelson hit two home runs, Riley Greene hit a home run with four RBIs and the Detroit Tigers rallied from an early four-run deficit to defeat the Minnesota Twins 8-7 on Wednesday afternoon at Minneapolis. Right-hander Griffin Jax (5-7) allowed four runs on three hits in an inning of relief. The Twins extended the lead to 4-0 in the second with four consecutive singles, the final a two-run hit by Julien. Torkelson and Carpenter followed with back-to-back solo home runs off Jax who had allowed just two home runs in 48 2/3 innings entering the game.

Persons: Matt Vierling, Jesse Johnson, Spencer Torkelson, Riley Greene, Greene, Kerry Carpenter, Akil Baddoo, Tyler Holton, Holton, Jorge Polanco, Max Kepler, Edouard Julien, Royce Lewis, Griffin Jax, Lewis, Reese Olson, Julien . Polanco, Torkelson, Vierling, Carpenter, Jax, Torkelson's, Julien, Polanco, Kepler, Matt Wallner, Foley, Donovan Solano Organizations: Detroit Tigers, Minnesota Twins, USA, Tigers, Minnesota, Twins, The Tigers, Detroit, Thomson Locations: Minneapolis , Minnesota, USA, Minneapolis, Minnesota, Detroit, Greene, . Minnesota

☆ Tigers' Reese Olson aims to maintain mastery of Twins
▼ + stars: | 2023-08-16 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 16 - The American League Central-leading Minnesota Twins will try to complete a two-game series sweep of the Tigers on Wednesday afternoon in Minneapolis. Olson is just 2-5 with a 4.45 ERA in 13 career games (10 starts) but has handled the Twins easily. The homer to right-center off reliever Will Vest was Wallner's ninth of the season and his first major league grand slam. It was the longest grand slam hit by a Twin during the Statcast era (since 2015). Wallner's grand slam took some of the spotlight away from Detroit's Miguel Cabrera.

Persons: Reese Olson, Olson, Rocco Baldelli, Baldelli, Kenta Maeda, Maeda, Riley Greene, Matt Wallner, Will Vest, Wallner, Detroit's Miguel Cabrera, Cabrera, Gary Sheffield, Mel Ott Organizations: American League Central, Minnesota Twins, Tigers, Detroit, Minnesota, Twins, Thomson Locations: Minneapolis, Detroit, Minnesota, Wallner, Forest Lake, Minn

☆ Morning Bid: Stock markets tense as China gloom builds
▼ + stars: | 2023-08-16 | by ( ) www.reuters.com time to read: +3 min

The German share price index DAX graph is pictured at the Frankfurt stock exchange after risks have climbed to multi-month highs in recent days as concerns over contagion from the collapse of Silicon Valley Bank and instability at European bank Credit Suisse gripped the markets, in Frankfurt, Germany, March 17, 2023. Markets currently seem all but certain of another hike from the BOE, with a more than 90% chance seen for a 25 basis point increase in September. Expectations lean towards rates having to go even higher in the future, in contrast to the BOE's peers in the EU and the United States. The euro zone also gets an economic data drop on Wednesday, with preliminary Q2 GDP figures estimated to show meager growth of 0.2% and industrial production data likely to be negative. Meanwhile, the Federal Reserve minutes are sure to garner attention as markets seek more insight into the Fed's thought process.

Persons: Brigid Riley China's, BOE, Brigid Riley, Edmund Klamann Organizations: Silicon Valley Bank, Credit Suisse, REUTERS, Staff, Nikkei, CPI, Bank of England's, EU, European Central Bank, Federal, PPI, Cisco Systems, Thomson Locations: Frankfurt, Silicon, Germany, Asia, Europe, United States, West, New Zealand, China

[1/2] Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. That represented the highest annual growth rate since comparable records began in 2001. "BoE Sep rate hike bets have jumped ... providing support for the GBP," said Scotiabank chief FX strategist Shaun Osborne. The yuan briefly bounced back as major state-owned banks were seen selling dollars to support the local currency. Punctuating those worries, Chinese data on industrial output, retail sales and investment released shortly after the PBOC's rate cut showed unexpected slowdowns.

Persons: Yuan, Dado Ruvic, Sterling, BoE, Shaun Osborne, Scotiabank's Osborne, Osborne, Shinichiro Kadota, Shunichi Suzuki, Joice Alves, Samuel Indyk, Brigid Riley, Kevin Buckland, Susan Fenton Organizations: REUTERS, Bank of, Kremlin, Bank of England, Scotiabank, People's Bank of China, U.S, Traders, Barclays, Finance, Thomson Locations: Russian

It was moments later when she caught a glimpse of smoke in the distance. At first it was a wisp, but within minutes it had grown thicker, rippling down the hillside on violent winds. Ms. Denton Fuqua, 32, and her husband were worried. They grabbed a few essentials and prepared to leave in their cars. “People were just like, ‘Oh, are you heading out?’ Ms. Denton Fuqua recalled.

Persons: Chelsea Denton Fuqua, Denton Fuqua, —, Ms, “ Organizations: Chelsea Locations: Lahaina, Maui

☆ Meet 6 companies helping advertisers like Pepsi and Microsoft clean up their carbon footprint
▼ + stars: | 2023-08-14 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +2 min

New sustainability-minded startups are calculating the carbon footprint of data-driven advertising. While digital advertising isn't nearly as big a polluter as other industries like manufacturing, big brands are looking for ways to reduce their carbon footprint anywhere they can. These firms are taking on challenges like reducing the carbon footprint of production shoots or replacing decades of adtech infrastructure that powers billions of spend across the open web. They promise not only to help marketers produce less greenhouse gases, they also claim to help digital ads load faster, cut down on ad fraud, and help premium publishers increase ad prices. Insider identified six firms driving the push into sustainability for advertisers, using our own reporting and recommendations from experts in the industry.

Persons: Ben Riley Organizations: Sustainability, Adobe . Companies

☆ The death toll rises to 80 in Maui wildfires as survivors begin returning to communities in ruins
▼ + stars: | 2023-08-12 | by ( ) www.cnbc.com time to read: +7 min

Maui residents John Rey Serrano and Lexie Lara look from a road above Lahaina Town in the aftermath of a wildfire in Lahaina, western Maui, Hawaii on August 11, 2023. Maui County raised the number of confirmed deaths to 80 in a 9 p.m. statement Friday. Cadaver-sniffing dogs were deployed to search for the dead, Maui County Mayor Richard Bissen Jr. said. Maui County's hazard mitigation plan updated in 2020 identified Lahaina and other West Maui communities as having frequent wildfires and several buildings at risk. The report also noted West Maui had the island's second-highest rate of households without a vehicle and the highest rate of non-English speakers.

Persons: John Rey Serrano, Lexie Lara, Anthony Garcia, Garcia, I'm, Josh Green, Green, Richard Bissen Jr, Anne Lopez, Lopez, Lynn Robinson, Kyle Scharnhorst, Gilles Gerling, Karen Clark, Bobby Lee, Andrew Whelton, Lana Vierra, Riley Curran, Curran, I've Organizations: roosters, Gov, Hawaii News, Associated Press, Iniki, Karen Clark & Company, Hawaii Firefighters Association, Purdue University Locations: Maui, Lahaina, Hawaii, Maui County, Kaanapali, West Maui, U.S, California, Paradise, Molokai, Kula

☆ MLB roundup: Wander Franco's walk-off HR caps Rays' wild win
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +11 min

Franco had three RBIs and Isaac Paredes hit a two-run homer for the Rays, who blew a three-run, ninth-inning lead before Franco's heroics. The Guardians also scored three runs without a hit, tying the game in the ninth on three walks, a hit batter and three wild pitches. Bochy watched Gray (8-5) fire seven shutout innings, with the right-hander allowing just two hits while fanning seven. Jesus Luzardo (8-7) permitted seven runs on nine hits in 3 1/3 innings to lose his second straight start. Assad (2-2) allowed one run, four hits and one walk with two strikeouts in his third start of the season.

Persons: Wander Franco, Jonathan Dyer, Franco, Nick Sandlin, Isaac Paredes, Paredes, Daniel Norris, Andres Gimenez, Manuel Margot fielder's, Myles Straw, Jon Gray, Nathaniel Lowe, Mitch Garver, Bruce Bochy's, Bochy, Gray, Anthony Volpe, Aaron Judge, Kyle Higashioka, Oswaldo Cabrera, Isiah Kiner, Gleyber Torres, Randy Vasquez, Jesus Luzardo, Bryson Stott, Realmuto, Johan Rojas, Trea Turner, Nick Castellanos, Kyle Schwarber, Bryce Harper, Jorge Polanco, Max Kepler, Polanco, Michael A, Taylor, Dallas Keuchel, Austin Riley, Eddie Rosario, Charlie Morton, Mark Vientos, Tylor Megill, Ildemaro Vargas, Keibert Ruiz, Jake Alu, Vargas, Alu's, Ruiz, Stone Garrett, Paul Blackburn, Luke Maile, Elly De La Cruz, Spencer Steer, TJ Friedl, Andrew Abbott, Ke'Bryan Hayes, Andrew McCutchen, Chris Sale, Casas, Tarik Skubal, Kerry Carpenter's, Javier Assad, Cody Bellinger, Nico Hoerner, Bellinger, Hoerner, Ian Happ, Assad, Jose Berrios, Salvador Perez, Louis, Maikel Garcia, Nelson Velazquez, Bobby Witt, Willson Contreras, Adam Wainwright, Jon Singleton, Justin Verlander, Los Angeles . Singleton, Mark Canha, William Contreras, Carlos Santana, Victor Caratini, Eloy Jimenez, Yoan Moncada, Andrew Vaughn, Blake Snell, Xander Bogaerts, Snell, Julio Rodriguez, Crawford, Luis Castillo, Cal Raleigh, Ty France, Anthony Santander, Lance Lynn, Freddie Freeman, Lynn, Brendan Rodgers, Austin Gomber Organizations: Tampa Bay Rays, Cleveland Guardians, Tropicana Field, Rays, Cleveland, Rangers, Giants, Texas, Oracle, Yankees, Marlins, Triple, Phillies, Philadelphia, Twins, Dallas, Braves, Mets, Atlanta, Nationals, Athletics, Oakland, Washington, Reds, Pirates, Cincinnati, Pittsburgh, Red Sox, Tigers, Detroit, Boston, Cubs, Blue Jays, Chicago, Toronto, Brandon, Royals, Cardinals, Kansas City, St, Astros, Angels, Houston, Los Angeles ., Brewers, White Sox, Chicago Cubs, Cincinnati Reds, National League Central, The Brewers, Padres, Diamondbacks, San Diego, Mariners, Orioles, J.P, Seattle, Cal, AL East, Dodgers, Rockies, Angeles, Chicago White Sox, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Tampa, San Francisco, New York, Miami ., Scranton, Wilkes, Barre, J.T, Minnesota, Boston, Toronto, Los Angeles, Verlander, Houston, Milwaukee, Phoenix, Baltimore, Colorado

☆ MLB roundup: Ex-Ray Matthew Liberatore carries Cards
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +5 min

Franco scored Tampa Bay's second run on a wild pitch. Starter Aaron Nola tossed five innings and allowed five hits and one run along with six strikeouts and one walk. Starter Patrick Corbin allowed one hit and one unearned run with seven walks and two strikeouts in five-plus innings. Minnesota starter Kenta Maeda (3-7) gave up just three hits in six innings, but one of them was Greene's homer. The Royals had one hit in each of the first seven innings -- and seven hits in the game -- but were 0-for-7 with runners in scoring position.

Persons: Matthew Liberatore, Kim Klement Neitzel, Liberatore, Andrew Knizner, Tommy Edman, JoJo Romero, Franco, Rutschman, Ryan Mountcastle, James McCann, Dean Kremer, Jose Altuve, Yainer Diaz, Hunter Brown, Trea Turner, Nick Castellanos, Realmuto, Aaron Nola, Ildemaro Vargas, Patrick Corbin, Ke'Bryan Hayes, Peguero, Thomas Hatch, Bailey, Colin Holderman, Atlanta's Matt Olson, Orlando Arcia, Ozuna, Austin Riley, Ronald Acuna Jr, Noah Syndergaard, Brayan Rocchio, George Springer, Merrifield, Reese Olson, Riley Greene, Zach McKinstry, Olson, Kenta Maeda, James Paxton, John Schreiber, Josh Winckowski, Chris Martin, Kenley Jansen, Alex Verdugo, Adam Duvall, Maikel Garcia Organizations: Louis Cardinals, Tampa Bay Rays, Tropicana Field, Cardinals, Rays, Tampa Bay's, Orioles, Astros, Houston, Phillies, Philadelphia Phillies, Nationals, Pirates, Braves, Pittsburgh, Blue Jays, Cleveland warded, Toronto, Guardians, Tigers, Detroit, Minnesota, American League Central, Twins, Red Sox, Royals, Boston, Kansas, Thomson Locations: St, Petersburg , Florida, USA, St . Petersburg, Fla, Baltimore, J.T, Washington, Atlanta, Minnesota, Kansas City, Paxton

Banknotes of Chinese yuan and U.S. dollar are seen in this illustration picture taken September 29, 2022. REUTERS/Florence Lo/IllustrationTOKYO/LONDON, Aug 10 (Reuters) - The dollar slipped against most currencies on Thursday ahead of U.S. inflation data that will shape the Fed's policy direction, although the prospect of higher energy costs pushed it to a one-month high against the yen. "Though you could argue it the other way given the euro zone recession risk if energy stays higher," she added. The impact of higher energy costs were also a factor in the softer yen, as resource-poor Japan is a major oil importer. A break above 145 would open the way potentially to 148 "if we get the U.S. dollar flexing again after the CPI," he said.

Persons: Florence Lo, it's, Jane Foley, We've, Foley, that's, Tony Sycamore, Kevin Buckland, Brigid Riley, Alun John, Kim Coghill, Sharon Singleton, Susan Fenton Organizations: REUTERS, U.S, CPI, Federal Reserve, Rabobank, U.S . Treasury, ECB, IG, People's Bank of China, New, Swiss, Thomson Locations: U.S, Japan, New Zealand, Tokyo, London

☆ MLB roundup: Michael Lorenzen tosses no-hitter in home debut for Phillies
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +12 min

St. Louis received contributions throughout its lineup, with Nootbaar collecting two hits, an RBI and two runs scored. Mariners 6, Padres 1Cal Raleigh hit a tiebreaking two-run homer in the eighth inning as Seattle defeated visiting San Diego. Matt Vierling had three hits, scored two runs and drove in another. Joey Gallo hit a two-run homer and Correa added a solo shot for Minnesota, which will try to salvage the split on Thursday. At the plate, Ohtani went 0-for-2 with two walks (one intentional) and a run scored.

Persons: Rob Thomson, Michael Lorenzen, Bill Streicher, Lorenzen, Dominic Smith flied, Johan Rojas, Cole Hamels, David Peralta, Freddie Freeman, Jason Heyward, Bobby Miller, Kyle Nelson, Peralta, Freeman, Will Smith, Austin, Michael Harris, Carmen Mlodzinski, Ronald Acuna Jr, Ozzie Albies, Max Fried, Pierce Johnson, Raisel Iglesias, Bryan De La Cruz's, Josh Bell's, Jon Berti, Luis Arraez, Bell, Sam Moll, De La Cruz, Alexis Diaz, Tanner Scott, A.J Puk, David Robertson, Christian Encarnacion, Strand, Freddy Tarnok, Zack Gelof, Oakland's, Jonah, Jordan Montgomery, Esteury Ruiz, Jordan Diaz, Mark Canha, Justin Lawrence, William Contreras, Frelick groundout, Ezequiel Tovar's, Monasterio's grounder, Cole Tucker, Tovar, Canha bobbled, Profar, Bryse Wilson, Ryan McMahon, Kyle Tucker, Jose Altuve, Altuve, Alex Bregman, Cristian Javier, Austin Hays, Jeff McNeil, Pete Alonso, Justin Verlander, Alonso, Seiya Suzuki, Christopher Morel, Suzuki, Paul Goldsmith, Lars Nootbaar, Louis, Jordan Walker, Giovanny Gallegos, Jose Siri, Jalen Beeks, Kevin Kelly, Nootbaar, Kevin Gausman, George Springer, Springer, Vladimir Guerrero Jr, Kole Calhoun, Casas, Alex Verdugo, Nick Pivetta, MJ Melendez, Seattle's, Emerson Hancock, Yu Darvish, Oscar Colas, Elvis Andrus, Mike Clevinger, Luis Severino, Gleyber Torres, DJ LeMahieu, Spencer Torkelson, Matt Vierling, Miguel Cabrera, Zach McKinstry, Eric Haase, Alex Faedo, Tyler Holton, Joey Gallo, Correa, Bailey Ober, Ohtani, Mike Moustakas, Michael Conforto, Brandon Crawford's Organizations: Philadelphia Phillies, Washington Nationals, Citizens Bank, Wednesday, Detroit Tigers, Phillies, Chicago Cubs, NBC Sports Philadelphia, Dodgers, Diamondbacks, Braves, Pirates, Atlanta, Pittsburgh, Marlins, Reds, Miami, Cincinnati, Athletics, Rangers, Oakland, Brewers, Rockies, Milwaukee, The Brewers, Astros, Orioles, Houston, Baltimore, Mets, Cubs, New, Chicago, Houston Astros, Cardinals, Rays, Hudson, Tampa, Blue Jays, Toronto, Cleveland, Guardians, Red Sox, Royals, Boston, Kansas City, Mariners, Padres, Cal Raleigh, Seattle, San, Sox, Yankees, Twins, Detroit, Tigers, Minnesota, Giants, cramp, Thomson Locations: Philadelphia , Pennsylvania, USA, Angeles, Arizona, Phoenix, Texas, Colorado, Baltimore, New York, Tampa, St . Petersburg, Fla, Tampa Bay, San Diego, Toronto, Chicago, Minnesota, Los Angeles, San Francisco, Anaheim , Calif, Ohtani

☆ Dollar eases as China deflation lures investors into risk assets
▼ + stars: | 2023-08-09 | by ( Amanda Cooper | ) www.reuters.com time to read: +3 min

LONDON, Aug 9 (Reuters) - The dollar eased on Wednesday after data showed the Chinese economy slipped into deflation last month, which upped the chances for the government to roll out extra stimulus measures and nudged investors into risk assets. Dollar selling by state-owned Chinese banks helped the yuan rally from a one-month low, dealers said. The Chinese central bank's stronger-than-expected exchange-rate fixing at 7.1588 per dollar before the open signalled its discomfort with the yuan's recent declines. The dollar index - which measures the performance of the U.S. currency against six others - eased 0.1%, paring some of Tuesday's 0.47% rise. "Chinese inflation data showed that consumer prices have barely moved in July, confirming that the world’s second-largest economy is stalling and may be moving into deflation," he said.

Persons: There's, Ray Attrill, Ricardo Evangelista, Chris Scicluna, Patrick Harker, Raphael Bostic, Michelle Bowman, Kevin Buckland, Brigid Riley, Simon Cameron, Moore, Kirsten Donovan Organizations: National Australia Bank, Federal Reserve, Daiwa Capital, ECB, Bank of England, Philadelphia Fed, Atlanta Fed, Fed, Thomson Locations: China, Tokyo

☆ Dollar firm on safe-haven demand as markets fret over China, banks
▼ + stars: | 2023-08-09 | by ( Kevin Buckland | ) www.reuters.com time to read: +4 min

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. The Chinese yuan, however, got some respite after the central bank set a stronger official rate than expected, signalling its discomfort with recent declines. Worries about the global economy flared again after data on Tuesday showed Chinese imports and exports contracting faster than expected in July. U.S. Treasuries also saw a surge in demand from haven-seeking investors, with 10-year yields briefly dipping back below 4%. Reporting by Kevin Buckland; Additional reporting by Brigid Riley; Editing by Sonali PaulOur Standards: The Thomson Reuters Trust Principles.

Persons: Jose Luis Gonzalez TOKYO, Treasuries, Ray Attrill, there's, Attrill, Patrick Harker, Raphael Bostic, Michelle Bowman, Bart Wakabayashi, Kevin Buckland, Brigid Riley, Sonali Paul Organizations: REUTERS, New Zealand, U.S, Bank of New York Mellon, US Bancorp, National Australia Bank, People's Bank of, Federal Reserve, Philadelphia Fed, Atlanta Fed, Fed, State Street Bank, Trust, Thomson Locations: Ciudad Juarez, Mexico, Asia, Rome, China, People's Bank of China, Tokyo

☆ Morning Bid: Banking news unnerves ahead of US CPI
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Mark Makela/File PhotoA look at the day ahead in European and global markets from Brigid RileyMarkets have a full plate on Wednesday, taking in China's disappointing inflation data while awaiting tomorrow's U.S. CPI report, and processing a surprise banking windfall tax announcement from Italy. The banking sector in Europe is still reeling after Italy unexpectedly approved a 40% windfall tax, although authorities added in a statement on Tuesday that the new tax could not breach 0.1% of a lender's total assets. European markets will be on guard for similar moves in other countries. Eyes are turning to the fast-approaching U.S. inflation report after mostly dovish comments from several Fed officials this week. Dutch supermarket chain Ahold Delhaize (AD.AS) and Germany-based E.ON (EONGn.DE), Europe's largest energy company, also announce earnings.

Persons: King of Prussia, Mark Makela, Brigid Riley, there's, Ahold, Edmund Klamann Organizations: King of Prussia , Pennsylvania U.S, REUTERS, Brigid Riley Markets, U.S, CPI, Walt Disney Co, E.ON, Reuters Graphics Reuters, Illumina, Walt Disney, Thomson Locations: King, King of Prussia , Pennsylvania, Brigid, Italy, Europe, Asia, China, Germany

☆ Pirates lean on big third inning to edge Braves
▼ + stars: | 2023-08-08 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/47] Aug 7, 2023; Pittsburgh, Pennsylvania, USA; Atlanta Braves second baseman Ozzie Albies (1) hits balls to infielders from the batting cage before a game against the Pittsburgh Pirates at PNC Park. Mandatory Credit: Charles LeClaire-USA TODAY SportsAugust 8 - Jared Triolo hit a two-run single during a six-run third for the Pittsburgh Pirates, who topped the visiting Atlanta Braves 7-6 on Monday night. Ozzie Albies homered, Matt Olson hit two RBI singles and Marcell Ozuna added a two-run single for the Braves, who have lost three straight. McCutchen scored on Davis' single to make it 3-0. Triolo's two-run single chased Strider for Michael Tonkin, who gave up an RBI single by Peguero.

Persons: Ozzie Albies, Charles LeClaire, Jared Triolo, Connor Joe, Andrew McCutchen, Henry Davis, Liover, Osvaldo Bido, Carmen Mlodzinski, David Bednar, Michael Harris II, Matt Olson, Ozuna, Spencer Strider, Peguero, Bryan Reynolds, McCutchen, Davis, Jack Suwinski, Endy Rodriguez, Strider, Michael Tonkin, Bido, Albies, Austin Riley, Sean Murphy, Olson, Murphy, Joe Organizations: Atlanta Braves, Pittsburgh Pirates, PNC, Pirates, Pittsburgh, Braves, Atlanta, Joe's, Thomson Locations: Pittsburgh , Pennsylvania, USA, Atlanta

☆ Morning Bid: Germany to kick off CPI mega-run
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +3 min

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, August 1, 2023. Still, investors' focal point for the week is the U.S. consumer price index amid recent goldilocks data and remarks from Fed Chair Jerome Powell that's given strength to the economic soft-landing narrative. Fed officials continue to emerge from their silence this week after hiking rates another 25 basis points at their last meeting. Investors betting the Fed has reached the end of rate increases will have another chance to gauge their theory when Philadelphia Fed President Harker and Richmond Fed President Barkin speak on Tuesday. Their remarks will be top of investor watchlists after mixed messages about the future rate path from New York Fed President John Williams and Fed Governor Michelle Bowman on Monday.

Persons: Brigid Riley Germany, Jerome Powell that's, Harker, Barkin, John Williams, Michelle Bowman, Fed's Harker, Brigid Riley, Christopher Cushing Organizations: REUTERS, Staff, Federal Reserve, Central Bank's, Philadelphia Fed, Richmond Fed, New York Fed, Bank of Japan, CPI, Hungary CPI, Bayer, InterContinental Hotels, Thomson Locations: Frankfurt, Germany, China, United States, U.S, Richmond, New, Asia, Hungary

☆ Japan's 'Mr.Yen' Sakakibara expects no yen intervention
▼ + stars: | 2023-08-07 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Japan's former currency czar Eisuke Sakakibara speaks at an interview with Reuters in Tokyo, Japan February 6, 2017. Sakakibara gained a reputation as a market mover in the 1990s after devising several currency interventions during his time as vice finance minister, earning him the nickname "Mr Yen". Sakakibara takes Bank of Japan head Kazuo Ueda at his word that easy policy will be retained for the time being. Japan's Ministry of Finance intervened in October when the yen slipped to 149.70 against the dollar, and speculation grew that the currency could tumble further. While the chance that the yen weakens further against the dollar can't be completely dismissed, Sakakibara believes the "tide has changed" for dollar-yen.

Persons: Eisuke Sakakibara, Kim Kyung, Sakakibara, Mr Yen, Kazuo Ueda, Brigid Riley, Hiroko Hamada, Shri Navaratnam Organizations: Reuters, REUTERS, U.S, U.S . Federal Reserve, of Finance, Bank of Japan, Fed, Bank, Japan, Japan's Ministry of Finance, Thomson Locations: Tokyo, Japan, U.S, Japan's

☆ Cubs use explosive first inning to take down Braves
▼ + stars: | 2023-08-05 | by ( Field Level Media | ) www.reuters.com time to read: +2 min

[1/44] Aug 5, 2023; Chicago, Illinois, USA; Chicago Cubs center fielder Cody Bellinger (24) gestures after driving in an RBI single against the Atlanta Braves during the first inning at Wrigley Field. Mandatory Credit: David Banks-USA TODAY SportsAugust 6 - Home runs by Dansby Swanson and Jeimer Candelario capped a five-run first inning, which sent the Chicago Cubs on their way to an 8-6 win over the visiting Atlanta Braves on Saturday. Candelario closed the inning with a solo home run, his 17th, and the Cubs' lead never dipped below two runs the rest of the way -- though the Braves made the final score closer in the ninth. Chicago starter Javier Assad pitched 3 2/3 innings, struck out three and allowed a pair of Atlanta runs. Cubs reliever Michael Fulmer (3-5) picked up the win after working 1 1/3 scoreless innings.

Persons: Cody Bellinger, David Banks, Dansby Swanson, Jeimer Candelario, Saturday's, Mike Tauchman, Nico Hoerner, Bryce Elder, Chicago's, Matt Olson, Candelario, Olson, Adbert Alzolay, Austin Riley, Riley's, Alzolay, Javier Assad, Orlando, Ozzie Albies, Nick Madrigal, Christopher Morel, Bellinger, Mark Leiter Jr, Michael Harris II, Travis d'Arnaud, Ronald Acuna Jr, Eddie Rosario, Acuna, Ian Happ's, Michael Fulmer Organizations: Chicago Cubs, Atlanta Braves, Wrigley, USA, Atlanta, Major League Baseball's, Cubs, Braves, Milwaukee, National League Central, Chicago, Thomson Locations: Chicago , Illinois, USA, Chicago, Atlanta

☆ MLB roundup: Braves' Max Fried returns, tames Cubs
▼ + stars: | 2023-08-05 | by ( ) www.reuters.com time to read: +11 min

[1/5] Aug 4, 2023; Chicago, Illinois, USA; Atlanta Braves starting pitcher Max Fried (54) throws the ball against the Chicago Cubs during the first inning at Wrigley Field. Fried (3-1) allowed three hits, struck out eight and didn't walk a batter. Cubs starter Kyle Hendricks (4-6) allowed seven runs, all in the fourth inning, and eight hits over four innings. A two-run home run by Jarren Duran and a solo home run from Yu Chang accounted for Boston's scoring. Toronto starter Alek Manoah (3-8) gave up both homers and pitched 6 2/3 innings, giving up three runs on six hits.

Persons: Max Fried, David Banks, Sean Murphy, Marcell Ozuna, Austin Riley, Ronald Acuna Jr, Kyle Hendricks, Cody Bellinger, Fried, Bellinger, Chris Taylor, Yu Darvish, Robert Suarez, Tom Cosgrove, Eugenio Suarez, Ty France, Dylan Moore, Julio Rodriguez, Cal Raleigh, Luis Rengifo, Mike Moustakas, Mickey Moniak, Davis Schneider, Schneider, Whit Merrifield, Vladimir Guerrero Jr, James Paxton, Daulton Varsho, Matt Chapman, Jarren Duran, Yu Chang, Duran, Alek, Jordan Hicks, Jose Siri, Harold Ramirez, Isaac Paredes, Zack Littell, Reese Olson, James McCann, Jordan Westberg, Westberg's, homestand, McCann, Mike Baumann, Francisco Lindor, Rafael Ortega, Yainer Diaz, Luis Severino, Yordan Alvarez, Hunter Brown, Brown, Kyle Tucker, Alex Bregman, Severino, Jake Bauers, Isiah Kiner, Giancarlo Stanton, Michael A, Taylor, Jorge Polanco, Max Kepler, Christian Vazquez, Caleb Thielbar, Jhoan Duran, Lourdes Gurriel Jr, Jake McCarthy, Scott McGough, Lane Thomas, Thomas, Alexis Diaz, Diaz, Jake Alu, Andres Machado, Kyle Finnegan, Matt McLain, Nick Senzel, Elly De La Cruz, Graham Ashcraft, Dairon Blanco, Blanco, Bobby Witt Jr, Philadelphia's Nick Castellanos, Johan Rojas, Trea Turner, Aaron Nola, Adolis Garcia, Corey Seager, Leody Taveres, Jordan Montgomery, Montgomery, Jon Berti, Josh Bell, Jesus Luzardo, Andres Gimenez, Gimenez, Oscar Gonzalez, Logan Allen, Alfonso Rivas, Rivas, Rich Hill, Ji Man Choi, Henry Davis, Colin Rea, Nolan Jones, Louis, Elias Diaz, Chris Flexen, Jake Bird, Matt Koch, Tyler Kinley, Adam Wainwright, Nolan Gorman, Nolan Arenado Organizations: Atlanta Braves, Chicago Cubs, Wrigley, USA, Braves, Cubs, Chicago, Dodgers, Padres, San Diego, Mariners, Angels, Seattle, Los Angeles, Cal, Jays, Red Sox, Toronto, Boston, Triple, Tigers, Detroit, Rays, Orioles, Mets, The Orioles, American League East, New York, Astros, Yankees, Houston, Diamondbacks, Minnesota, Nationals, Reds, Royals, Phillies, Kansas City, Philadelphia, Rangers, Marlins, Miami, Louis Cardinals, White Sox, Cleveland, Guardians, Pirates, Brewers, Pittsburgh, Milwaukee, San Diego Padres, Pirates . Pittsburgh, Cardinals, Colorado thumped, Rockies, Colorado, Thomson Locations: Chicago , Illinois, USA, Los Angeles, San, Anaheim , Calif, Baltimore, New York, New, Minnesota, Arizona, Minneapolis, Washington, Cincinnati, Texas, Arlington , Texas, Chicago

Sterling traded higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. The U.S. dollar index , which gauges the currency against a basket of six counterparts, edged 0.06% lower to 102.39 in Asia. On Thursday, it had pushed to the highest since July 7 at 102.84 at one point, but lost steam later in the day with the monthly nonfarm payrolls report looming on Friday. The dollar slipped slightly to 142.40 yen , as long-term Treasury yields - which the currency pair tends to track closely - retreated from Thursday's nearly nine-month high at 4.198% in Tokyo trading. At the same time, "unless or until what's been happening with Treasury yields reverses, there's no meaningful prospect of dollar-yen coming down here, unless we see a very dramatic deterioration in risk sentiment," he added.

Persons: Dado Ruvic, Sterling, Kristina Clifton, BoE, Ray Attrill, Attrill, Kevin Buckland, Brigid Riley, Jacqueline Wong Organizations: REUTERS, Bank of, of, U.S, Commonwealth Bank of Australia, National Australia Bank, European Central Bank, Thomson Locations: China, Asia, Thursday's, Tokyo, U.S

U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. Sterling traded slightly higher after recovering knee-jerk losses following the Bank of England's decision to downshift to a quarter point rate hike on Thursday. Meanwhile, the risk-sensitive Australian dollar strengthened amid a rebound in Chinese stocks and U.S. equity futures. The U.S. dollar index , which gauges the currency against a basket of six counterparts, edged 0.07% lower to 102.38 in early Asia. However, the dollar edged higher to 142.64 yen , aided by the rise in long-term Treasury yields to a nearly nine-month high at 4.198% overnight.

Persons: Dado Ruvic, Sterling, BoE, Ray Attrill, Attrill, Hong, Kevin Buckland, Brigid Riley, Jacqueline Wong Organizations: REUTERS, Bank of, of, U.S, National Australia Bank, European Central Bank, Reserve Bank of Australia, Nasdaq, Thomson Locations: Asia, Sterling, U.S, China

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