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Metals Stocks: Gold prices slip for 2nd day as disappointing economic news boosts U.S. dollar

Gold futures fell for a second straight session on Tuesday as disappointing economic data from China, a credit rating warning for U.S. banks, and some weak corporate earnings resulted in some flight to the safety of the U.S. dollar and Treasuries.

: Alibaba, Nio among China stocks falling amid downbeat economic data

U.S.-listed shares of Chinese companies were headed lower in Tuesday's premarket action after data showed exports falling sharply in July, suggesting a slowdown in global economic growth. .

: When was the last time you told anyone your last wishes? A third of Americans haven’t told anyone theirs.  

Almost half of survey respondents didn’t know where to start in creating a will  

Economic Report: U.S. trade deficit drops 4% to $65.5 billion on waning imports

The nation's trade deficit fell 4% in June to $65.5 billion due to declining demand for imported goods, perhaps a sign of weakening demand in the U.S. economy.

The Fed: Fed may be at point where it can be patient and hold rates steady, Harker says

The Federal Reserve could be at the point where it doesn't need to raise interest rates further, said Philadelphia Fed President Patrick Harker, on Tuesday.

: America’s cities have a ‘once-in-a-generation’ opportunity to convert office space to apartments — now comes the hard part

The great conversion could produce 171,470 new apartments, New York University and Columbia University researchers said.

: Sage Therapeutics’ stock drops 49% after FDA approves zuranolone for postpartum depression but not for major depressive disorder

The good news on postpartum depression was offset by disappointment about major depressive disorder, which would be a far greater opportunity.

The Ratings Game: Palantir’s AI story will require patience, analysts say as stock moves lower

Palantir shares have surfed a wave of enthusiasm for generative AI, but analysts say investors have to wait to see that opportunity fully manifest in results.

: Novo Nordisk’s Wegovy reduces risk of adverse cardiovascular events by 20% in obese adults

Obesity drug shows positive results in tackling some of the other illnesses caused by being overweight.

In One Chart: German exports to Russia’s neighbors have surged

Curiously, exports from EU countries to Russia's neighbors have surged, despite an array of sanctions on Russia.

Outside the Box: This is what tech companies, from Amazon to Apple, just told investors about AI  

These companies fared best in the second-quarter and have the most compelling AI story for the long term.

Peter Morici: Home buying and stocks are still attractive even with interest rates likely to stay above 5%

Many sectors that higher rates should have slowed are proving stubborn.
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