Understanding current events through the lenses of the past and future.
Wall Street Journal
AB InBev said it sold less beer in the second quarter, hurt by weaker demand in China and the continuing fallout from a Bud Light boycott.
https://www.wsj.com/business/earnings/budweiser-brewer-ab-inbev-volumes-dragged-by-weaker-china-demand-6de61565
Airlines would have to allow parents to book seats next to young children without paying extra fees under a Biden administration proposal that seeks to address a major travel headache for families.
U.S. stocks swooned in a broad selloff prompted by weakening jobs, manufacturing and construction data, with the S&P 500, Nasdaq and Dow shedding 1.4%, 2.3% and 1.2%, respectively. The 10-year Treasury yield fell below 4% for the first time since February.