Be in the know. 15 key reads for Thursday…

  1. U.S. New-Vehicle Sales Rise an Estimated 13% in First Half of the Year (wsj)
  2. Beijing Needs A Spending Binge To Bring Back Growth (zerohedge)
  3. Janet Yellen arrives in Beijing on mission to find common ground for U.S. and China (cnbc)
  4. Billionaire Mike Ashley Adds £150 Million to London Property Bet (bloomberg)
  5. Billionaire Mike Ashley Is Still Toying With Britain’s Retail Sector (bloomberg)
  6. Big Tech Is Running Out of Steam. These 3 AI Stocks Still Have More in the Tank. (barrons)
  7. 6 Small Bank Stocks With Big Upsides (barrons)
  8. Taiwan’s Impossible Choice: Be Ukraine or Hong Kong (wsj)
  9. U.S. private sector added 497,000 jobs in June, ADP says, in biggest increase since July 2022 (marketwatch)
  10. Some Fed Officials Supported Raising Rates in June (wsj)
  11. More Manhattan Homebuyers Paying Cash in Sign of Luxury Strength (bloomberg)
  12. Tom Cruise, Barbie Are Hollywood’s Last Hope for Summer Success (bloomberg)
  13. What It Really Takes to Convert an Office Building to Apartments (bloomberg)
  14. 30% of Americans say ‘tipping culture is out of control’ — even some businesses agree (cnbc)
  15. Bill Ackman says it’ll be a ‘huge loss’ if JPMorgan boss Jamie Dimon doesn’t run for US president (businessinsider)