Newsletter Jul 25, 2023
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Markets
DJIA 35,411.24 0.52%
S&P 500 4,554.64 0.40%
Nasdaq Composite 14,058.87 0.19%
Japan: Nikkei 225 32,700.94 1.23%
UK: FTSE 100 7,678.59 0.19%
Crude Oil Futures 78.84 0.13%
Gold Futures 1,956.60 -0.29%
Yen 141.51 0.02%
Euro 1.11 -0.04%
* As of market close

 
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Potential UPS strike could crush economies

There could be a major delay on the next item delivered to the doorsteps and loading docks of homes and businesses around the world. On Aug. 1, about 340,000 United Parcel Service Inc. employees represented by the International Brotherhood of Teamsters could begin a work stoppage that could cause billions of dollars of damage to the U.S. and world economy. The two sides are expected to resume negotiations on Tuesday in an ongoing effort to avoid a strike.

SEE WHICH BUSINESSES WOULD BE HARDEST HIT BY STRIKE



North Korea marks date with missile launch

North Korea conducted twin missile launches late Monday, ahead of Korean War anniversary celebrations that will be attended by Chinese dignitaries in the first foreign delegation visit to the country since its 2020 pandemic border closure. South Korea's defense ministry described the two projectiles as ballistic missiles that flew about 400 kilometers (248 miles) before falling into the sea. The launches were the latest in a series of weapons tests in recent weeks by Pyongyang.

THE LATEST ON THE US SOLDIER BEING HELD IN NORTH KOREA


Women's World Cup offers economic kick

The 2023 FIFA Women's World Cup is currently taking place at 10 stadiums in nine cities across Australia and New Zealand, as the two federations co-host the month-long tournament. The event promises lots of excitement building up to the Aug. 20 final in Sydney, Australia. But what do the two nations gain from co-hosting the Women's World Cup? A major economic boost, tourism boon and worldwide exposure.

SEE THE ECONOMIC IMPACT OF HOSTING THE WORLD CUP


Extra point

The US has won four of the eight Women's World Cup championships. What is the only other country to win multiple titles, and what years?

Monday's answer: "Avengers: Endgame" holds the record for box-office earnings on opening weekend, banking $1.22 billion worldwide in 2019.

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