10 things you need to know before the opening bell

Here is what you need to know. 1. It’s the start of the Jackson Hole conference in Wyoming today. Here’s what to look out for. 2. After two years touting a booming economy as his own doing, President Donald Trump is test driving a new message on the economy: Any chance of a recession is not his fault. However, Democrats are calling the president’s bluff, including Joe Biden. 3. China hopes the United States will stop its wrong tariff action, the commerce ministry said on Thursday. China will have to retaliate if the US persists in its current course, Gao Feng, a ministry spokesman, said in a news briefing. 4.… Read More

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Meghan Markle gave fans a first glimpse at her new clothing line with a behind-the-scenes video on Instagram

Meghan Markle is gearing up for the release of her new clothing line. The Duchess of Sussex showed a sneak peek of her charity workwear collection on Wednesday, with a behind-the-scenes video posted to her Instagram story. The video shows Markle overseeing a photoshoot for the collection, giving fans a first look at some of the pieces included. For every item purchased, another will be donated to Smart Works, a charity that helps unemployed women get back into the workplace. Visit Insider’s homepage for more stories. The Duchess of Sussex has given fans a sneak peek at her new clothing line, which is set to be released later this year.… Read More

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China’s currency just dropped to its lowest level in a decade — and US exporters will pay the price

China’s renminbi slipped to its lowest level in a decade on Thursday, after earlier this month allowing its currency to weaken to more than 7:1 to the dollar. The weaker currency will help China in the trade war, as it helps to stop capital flight out of the country, but also makes imports into China more expensive. China retaliated to added tariffs imposed by Trump earlier this month by letting the currency fall — in doing so it sent markets tumbling. View Markets Insider’s homepage for more stories. China’s renminbi (yuan) slipped to its lowest level in over a decade on Thursday, dropping 0.2% to 7.0749 to the dollar. The… Read More

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WeWork might be painting itself as a tech company, but it’s facing a bunch of old-school real estate worries

Some analysts are viewing WeWork as more of a real estate than tech company. The coworking firm listed its risk factors in a recent SEC filing as it gears up for a possible initial public offering. WeWork outlined the risks of unexpected increases in labor and materials costs, lease negotiations in new markets, and the time-consuming process of compiling paperwork to recoup remodeling expenses. WeWork also noted its overseas expansion could increase risks of potential labor issues, and also introduce lease terms that differ from those in the United States. Read all of BI’s WeWork coverage here. WeWork parent The We Company’s recent S-1 filing provided the clearest look yet… Read More

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Watch as ULA launches the final flight of its Delta IV Medium rocket

This morning, August 22nd, the United Launch Alliance is set to fly the very last mission of its Delta IV Medium rocket, a single-core vehicle that’s been launching to space since 2002. This final flight will be the 29th mission of the Delta IV Medium. The vehicle is now being retired as ULA works to consolidate its technology and develop a new generation of rockets. The Delta IV is the last remaining descendant of the Delta family of rockets, a long line of vehicles that date back to the birth of the modern space era. The original Deltas, built by the Douglas Aircraft Company (now part of Boeing), were derived… Read More

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A Simple Invention Could Change How Fast Disease Is Detected

In the rural parts of Uganda, lab technicians spend hours each day on thankless and seemingly unceasing work. The most common tests they run are for malaria. A technician smears a blood sample on a slide, treats it with dye, and then slowly scans it for cells that contain malaria parasites. She then uses a handheld clicker to record how many parasites she sees. A typical test might take from 30 minutes to an hour. A health center might see dozens of patients in a day. When Manu Prakash visited on a recent trip, “There were places where the technicians couldn’t stop to talk to me, because they were busy… Read More

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Ready or Not Puts a Comic Twist on a Deadly Game of Hide-and-Seek

The trope of entitled aristocrats hunting humans has rattled around in pop culture for decades. Beginning with Richard Connell’s 1924 short story “The Most Dangerous Game,” this cautionary tale of wealth spiraling into murderous madness has been remade by Hollywood numerous times, from the Fay Wray–starring 1932 version to the 1993 Jean-Claude Van Damme action thriller Hard Target. But the recurring theme in all of these films is skill—the notion that the rich people, bored of chasing animals, are seeking an even greater challenge. Not so in Ready or Not, a new horror comedy from Matt Bettinelli-Olpin and Tyler Gillett. When Fitch (played by Kristian Bruun), a member of the… Read More

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Cristiano Ronaldo gave an emotional interview where he said being accused of rape made 2018 the worst year of his life

Cristiano Ronaldo says last year’s rape accusation made 2018 the worst year of his life. Speaking on Portuguese television channel TVI, Ronaldo said the ordeal had been hard on his family, particularly his nine-year-old son, who he says understands the headlines. Kathryn Mayorga accused Ronaldo of a sexual assault at a Las Vegas hotel in June, 2009. He denied the allegation. Last month, criminal charges against the Juventus forward were dropped, however The Independent reports the lawsuit has been refiled in a federal court. Visit Business Insider’s homepage for more stories. of our soccer coverage here. Cristiano Ronaldo has said last year’s rape accusation made 2018 the worst year of… Read More

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Former Trump officials reportedly say his erratic behavior and recent outbursts are linked to fears that a recession could sink his reelection campaign

Former Trump administration officials have expressed concern about US President Trump’s recent behavior, The New York Times reported Wednesday. On Wednesday, US President Donald Trump shared messages from a conspiracy theorist claiming that Israeli Jews regarded him as the “second coming” of God. On the same day, Trump insulted Danish Prime Minister Mette Frederiksen as “nasty” after she rebuffed his offer to buy Greenland, describing it as “absurd.” Former officials who spoke to the New York Times suggested that the president’s increasingly erratic behavior may be linked to private worries about the prospect of a recession in the US torpedoing his chances of reelection in 2020. Visit Business Insider’s homepage… Read More

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