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Dollar Gains Heap Pressure on Emerging-Market Stocks, Currencies

Emerging-market stocks fell to the lowest level since March as a strengthening dollar and waning consumer confidence in the United States damped investor appetite for riskier assets.
Andy Sabin, One Equity’s Schorr to Host Fundraiser for Tim Scott

A group of prominent attorneys and Wall Street executives will host a fundraiser in New York next month for US Senator Tim Scott, the latest event highlighting the Republican presidential hopeful’s strong support among deep-pocketed donors.
Cory Booker Calls on Fellow New Jersey Senator Menendez to Resign

Senator Cory Booker called on fellow New Jersey Democrat Robert Menendez to resign his post following the embattled senator’s indictment Friday on federal corruption charges.
Birkenstock Gears Up for Roadshow in Next Test for IPO Market

Birkenstock Holding Ltd. is preparing to kick off the roadshow for its US initial public offering in the next major test of demand for new listings, people with knowledge of the matter said.
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Volkswagen Cuts EV Production at German Sites as Demand Craters

Volkswagen AG is curtailing the production of several electric vehicle models at two German plants due to a decline in European demand, a spokesperson said.

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