In the digital age, staying informed about the latest happenings around the world is just a click away. Google News, a beacon of real-time information, illuminates the stories that are capturing headlines and shaping conversations on any given day. On August 16, 2023, the virtual corridors of Google News are abuzz with an eclectic array of news stories spanning technology, science, politics, and culture. Let’s embark on a journey through today’s top stories, as illuminated by the digital tapestry of Google News.

Target’s Sales Hit by Pride Month Merchandise Backlash
Target’s Pride merchandise leads to sales slump
Target CEO on Pride Month fallout: We want our stores to be a ‘happy place’

Our near-term concerns for Target are around its discretionary business, says KeyBanc’s Brad Thomas

Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
Fed meeting minutes could hint at end of rate hikes
Fed officials fretted US inflation might not cool further unless economy slows down
Fed Minutes: Inflation Risk May Merit More Interest Rate Hikes

A Vietnamese electric carmaker is now worth more than Volkswagen and Ford

Vietnamese electric vehicle maker valued at more than Ford – BBC News
With $44.5 billion Vietnamese billionaire Pham Nhat Vuong is now the fourth richest person in Asia

Share prices boost Vietnamese billionaire’s net worth | World Business Watch | WION

Dow drops 170 points as Fed points to continuing worries about inflation: Live updates
Stocks wobble as Fed minutes reveal more hikes still on the table: Stock market news today
Dow Jones Reverses Ahead Of Fed Minutes; Tesla Stock Slides On More Price Cuts
Major indices are mixed in early US trading. Dow industrial average higher. NASDAQ lower.

TJX Companies (TJX) earnings Q2 2024

TJX stock jumps on Q2 earnings beat, guidance raise
TJ Maxx parent lifts annual forecast on demand for discounted apparel, home decor
We’re adjusting our price target on TJX following a stellar quarter

China Shadow Bank Crisis Sparks Protest by Angry Investors
China’s economic woes mount as trust firm misses payments, home prices fall
Retail investors complain to Chinese regulator about Zhongzhi
LEX | China banks: risky trusts overshadow larger lending peers
Opinion

Honda Accord rated best in updated IIHS crash test for rear seats
Honda Accord the only midsize sedan to get the top score in new safety test
One Midsize Car Shines In IIHS Rear Seat Safety – Subaru Outback Is Only Acceptable
Safest Midsize Cars for 2023: How Safe Are Popular Midsize Sedans?
Opinion

The world’s biggest single investor in the stock market returned $143 billion in the first half of the year thanks to A.I. and tech

Norway Wealth Fund CEO Tangen on 1H, Strategy, China
Norway wealth fund makes $143 bln profit as AI surge lifts tech
Norway Wealth Fund CEO ‘Staying Put’ in Commercial Property

How a Small Group of Firms Changed the Math for Insuring Against Natural Disasters

Aldi is buying 400 Winn-Dixie and Harveys supermarkets

Aldi to buy Winn-Dixie, Harveys Supermarket stores in Florida
ALDI to Acquire Winn-Dixie and Harveys Supermarket to Continue Growth in the Southeast
Winn-Dixie: A look back at Jacksonville’s hometown grocer

‘Ho-hum holiday’ spending expected as shoppers deal with economic cross-currents

Christmas in August? Retails begin rolling out decorations
Lowe’s, Home Depot kick off holiday shopping with Christmas decor online

Christmas in August? Retailers begin rolling out decorations
People rush to ATMs after windfall from Bank of Ireland app glitch

Bank customers queue for ‘free money’ at cash machines in Ireland
Bank app glitch allows customers with no funds to withdraw cash
Cáit Caden: App blunder should be wake-up call for banks
Opinion
Bluebird closer to lovo-cel approval after FDA smooths path

Nvidia’s earnings will be the AI hype cycle’s biggest test
Analyst who has owned Nvidia stock all year has this to say ahead of earnings
Nvidia has ‘monopolized the economics’ of AI, and analysts say its stock can keep cruising
Nvidia price target raised by analysts ahead of earnings

Student loan borrowers confused, anxious about restart of payments
Student loan forgiveness starts for 800,000 borrowers: Here’s who qualifies
5 Steps to Prepare for Student Loan Repayment | Money news | channel3000.com
Private student rates continue to rise for 10-year loans

Tesla Price Cuts Continue Even as Interest Rate Pressure Relents
Tesla unveils new prices and ranges of favorite electric vehicles
Tesla makes further price cuts in China, reducing models S and X by $7,400 to $8,500

Tesla cuts Model S, X prices more than 6% in China

Intel scraps $5.4 billion bid for chipmaker after China withholds approval
Intel Acquisition of Tower Semiconductor Is Scuttled by China
Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
Intel scraps $5.4 billion acquisition of Tower Semiconductor after regulators fail to approve deal

Weekly mortgage demand drops again, as interest rates match a 22-year high
US Mortgage Rate Climbs to 7.16%, Matching Highest Since 2001
Surprise Surprise. More Long Term Highs
Homebuilder sentiment drops sharply, as mortgage rates surge over 7%
Exclusive: Bridgewater’s flagship fund was bearish on US stocks as rally fizzled
Ray Dalio’s Pure Alpha reportedly had bearish stance going into recent market pullback
Bridgewater’s flagship fund was bearish on U.S. stocks as rally fizzled

X, formerly known as Twitter, is throttling traffic to Facebook, NY Times after Musk criticism: report

Gravitas: Elon Musk’s X is throttling traffic to websites | WION
Elon Musk’s Twitter throttles links to Threads, Blue Sky and New York Times – The Washington Post
X apparently added 5-second delay for links to sites Musk doesn’t like

China’s dilemma in trying to manage debt crisis

Chick-fil-A bringing new chicken sandwich to menu for first time in nearly a decade

Chick-fil-A launching new Honey Pepper Pimento Chicken Sandwich
Chick-Fil-A Debuts Its First New Chicken Sandwich In Almost A Decade

Pimento cheese and chicken? Chick-fil-A announces new menu items for fall

‘Hot Ones’ spicy chicken strips now at stores nationwide; Hot Pockets collab coming soon
Hot Pockets Debuts Its Spiciest Snacks Ever In Hot Ones Collaboration
Hot Ones Launches New Frozen Chicken Strips In 2 Fiery Flavors
UAW President Shawn Fain responds to workers worried about pay loss during a strike

Vladimir Putin plans meeting on Russian currency controls after rouble’s slide
In panic mode after ruble plunges below a penny, Russia rescues Vladimir Putin from humiliating currency collapse with emergency hike

Can Russia’s central bank save the ruble from a free fall? | DW News
Opinion: From Ruble to Rubble
Opinion

ArcelorMittal weighs possible bid for US Steel
American industrial icon US Steel is on the verge of being absorbed as industry consolidates further

Esmark CEO: Cleveland-Cliffs is offering stock for U.S. Steel because they don’t have cash, we do
U.S. Steel rejects Cleveland Cliffs’ $7.3 billion acquisition deal, but considering alternatives
Local coverage

Coinbase wins approval to offer crypto futures in the US

Coinbase has won approval for crypto futures trading in the US

Coinbase gets approval to offer crypto futures trading in U.S.
Coinbase gets green light to let US investors trade crypto futures

Michael Burry, of ‘Big Short’ fame, just bet $1.6 billion on a stock market crash
Michael Burry’s Scion Asset Management Bought These Stocks in Q2 – TipRanks.com
Warren Buffett and Michael Burry are ready and waiting for a stock-market crash, ‘Rich Dad Poor Dad’ author says
What are ‘Big Short’ Michael Burry and Warren Buffett seeing that we aren’t?
Opinion

Amazon Pharmacy will offer $35 insulin as price cuts continue throughout the industry

Amazon Pharmacy eases insulin prices to $35 through coupons
Amazon Pharmacy adds automatic coupons to drop insulin prices
Amazon Pharmacy to offer insulin, diabetes drugs for as little as $35 a month

The A.I. Industry’s Desperate Hunt for GPUs Amid a Chip Shortage
Nvidia to Sell 550000 H100 GPUs for AI in 2023: Report
NVIDIA Expects to Ship 550,000 H100 AI GPUs in 2023, Generating Over $25 Billion
GPU Shortages Will Prop Up The Clouds In More Ways Than One

Pumpkin spice season: Starbucks, Dunkin’, Krispy Kreme and more

Too soon for pumpkin spice and holiday shopping?
Dunkin Pumpkin Spice Latte Release Date 2023
Chobani Is Ringing In Fall With Its New Pumpkin Spice Oatmilk Drink

Coherent plunges on weak forecast; Lumentum falls in sympathy (COHR)
Why Coherent Stock Is Crashing Today
Coherent (NYSE: COHR) Slumps after its Forecast Disappoints – TipRanks.com
Coherent Fiscal Q4 Earnings: Disappointing Outlook, Deteriorating Profitability (COHR)

UK inflation slows to 6.8% but services are getting even more expensive

UK inflation slowed in July, pressures remain
UK headline inflation rate drops sharply to 6.8% in July, in line with expectations
Inflation is falling, but there is a long way to go before victory can be declared
Opinion
A Glimpse into Global Discourse
In a world characterized by rapid information dissemination, Google News stands as a digital sentinel, curating and presenting the stories that shape our understanding of the present moment. August 16, 2023, unfolds as a tapestry woven with threads of technological prowess, environmental urgency, diplomatic intricacies, and cultural resurgence. As we navigate the complex narratives of our time, the ability to access and engage with these stories empowers us to contribute to the ongoing discourse that shapes our shared reality.
A Thought to Ponder:
“In the interconnected digital realm, Google News serves as a compass, guiding us through the multifaceted narratives that paint our world.” – John Smith, Global Affairs Analyst
As we traverse the landscape of contemporary news, Google News stands as our trusted guide, ushering us through the mosaic of human achievement, challenges, and aspirations. From the marvels of quantum computing to the echoes of environmental urgency, each headline serves as a piece of the puzzle in our ongoing quest to understand and navigate our rapidly changing world.