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Today’s Top Stories:
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Five Takeaways From Trump’s Summit With Xi That Investors Shouldn’t Ignore
Trump and Xi left Washington with a temporary trade extension but major disagreements still unresolved. Here are five developments from the summit with potential implications for trade, technology and U.S.-China relations.
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Walmart’s Sam’s Club Is Taking the Fight to Costco’s Backyard
Sam’s Club is expanding deeper into California and using discounted memberships to lure new customers. Walmart’s real target may be one of Costco’s most valuable advantages: its remarkably sticky membership business.
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Major Crypto Exchange Hack Grows to $387.5 Million as Withdrawals Remain Frozen
The stolen-asset estimate keeps climbing, customers still can’t withdraw their money, and the breach raises a bigger question for crypto investors: how safe are assets held on centralized exchanges?
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Tesla’s Semi Is Finally Here. The Roadster Is Next. The Stock Is Betting on Something Bigger.
Tesla is finally moving the Semi into mass production, while the long-delayed Roadster is next in line. But neither vehicle may be the biggest thing investors are actually betting on.
Editor’s Note: Something New Is Coming Sundays
Starting Sunday, September 27, Global Market News will dedicate every Sunday issue to retirement and investing.
We’ll cover the financial issues that matter most as you approach or enjoy retirement, including dividend stocks, Social Security, Medicare, taxes, income strategies, inflation, portfolio ideas and ways to make your money last.
Our goal is simple: help you make smarter decisions with your money and get more out of retirement.
Look for the first issue next Sunday.
Know what you own, and know why you own it.
-Peter Lynch
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