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Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
The Canadian government said it would provide extraordinary financing to Canada Post to avoid insolvency at the state-owned mail service.
U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.
Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.
Rescue workers patrolled by foot and by airboat in the search for those still missing from flash floods that swept Texas over the July Fourth weekend.
Developers, who have turned their backs on former Gov. Andrew Cuomo, are hosting fundraisers for the incumbent mayor on a Manhattan rooftop and in the Hamptons.
Israel allowed displaced Gazans to begin crossing a military zone that bisects the enclave after a deadlock over hostage releases was broken.
Troubles at Vanke raise questions about the continued spread of the property crisis and whether the Chinese state will step in.
Japan will keep trying to strike a trade deal with the U.S. that benefits both sides, Prime Minister Shigeru Ishiba and his ministers.
The extension means that clarity will not come this week—as many had hoped—but it also allows time to negotiate lower tariffs than those currently on pause.
A campaign for Crumbl cookie-scented Dove was pushed by an army of influencers—with AI help. And Unilever aims to bring the same playbook to more of its humdrum toiletries.
Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.