Talking Biz News Today – Aug. 21, 2023

Some of Monday’s top business news stories:

The Associated Press

Emerging economies are pushing to end the dollar’s dominance. But what’s the alternative?, by Hinedu Asadu, Gerald Imray, Farai Mutsaka and Paul Wiseman

A raid on a Kansas newspaper likely broke the law, experts say. But which one?, by John Hanna and Heather Hollingsworth

CNN

As mortgage rates soar over 7%, an unaffordable housing market is becoming even more expensive, by Anna Bahney

The next phase of the Fed’s historic inflation fight is waiting for rate cuts, by Bryan Mena

The Wall Street Journal

Bankrupt Yellow Draws New $1.5 Billion Bid for Truck Terminals, by Paul Berger

Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In., by Trefor Moss

CNBC

3 trends are dividing restaurant companies into winners and losers, by Amelia Lucas

Aldi is getting bigger. Here’s why the no-frills German grocer is looking to the Southern U.S. for growth, by Melissa Repko

Reuters

UK reports first case of new COVID virus variant

Elon Musk says X will strip ability to block accounts

News about business journalism:

Talking Biz News Today – Aug. 18, 2023

WSJ reporter Hao departs China team

Bloomberg names Starr its US East tech team leader

CNN Business hires Glader to be senior editor for companies

Page One news for NY Times, our loaded Friday Ticker, eight North Dakota weeklies close

WBEZ’s new exec editor, CoinDesk’s layoffs, Bankadelic’s AI podcast: TBN Ticker for Aug. 18