“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to [the] 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean…

“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to [the] 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean…

JPMorgan Chase CEO Jamie Dimon listed three major threats to the U.S. economy in a recent comment during the bank’s second-quarter earnings call, according to the transcript. The banking giant’s July 14 second-quarter results showed revenue and earnings exceeding economists’ expectations, but the JPMorgan chief stands on the side of caution. JPMorgan reported net income…

U.S. relations with China have fractured over the years, making doing business overseas more expensive, and because of that experts believe that Mexico could overtake China in becoming the top manufacturer for American companies. “American and International companies (including Mexican companies) are setting up and have been setting up now for the past five to…

“I’ve communicated with some people inside of North Korea, and I heard from them that the recent famine is very similar to [the] 1990s famine. And, as we all know, almost 3 million people died of starvation during that time.” Hyun-Seung Lee, otherwise known as “Arthur” Lee, is a former member of the North Korean…

The tech-heavy Nasdaq and the S&P 500 fell on Thursday, dragged down by Tesla over price cut concerns, while Netflix slid after its quarterly revenue missed analysts’ estimates. The Dow Jones Industrial Average rose 30.77 points, or 0.09 percent, at the open to 35,091.98. The S&P 500 opened lower by 11.34 points, or 0.25 percent,…

The number of housing starts tumbled last month, despite signs that the home sales market is heating up again after falling. Housing starts take into account the change in the number of new residential buildings beginning construction. New single-family home construction fell 8 percent from May to June, according to July 19 report from the U.S. Census…

Elon Musk is prioritizing sales over profits in hopes that Tesla’s full self-driving software would eventually burnish margins, a plan that could deepen an already fierce price war in the electric-vehicle industry. Shares of the automaker fell 3 percent before the bell on Thursday after Mr. Musk signaled there might not be any let-up in…

LONDON—The dollar held mostly steady against the euro and the yen on Thursday, but dropped against the Australian dollar after domestic job data beat expectations, and against the yuan, which received a lift from Chinese monetary authorities. The dollar is heading for its first weekly gain in nearly a month against a basket of currencies,…

LONDON—Oil prices crept higher on Thursday as a lower-than-expected drop in U.S. crude inventories and a weaker demand outlook kept investors cautious. September Brent futures climbed 6 cents, or 0.1 percent, to$79.52 a barrel by 0929 GMT, while August U.S. West Texas Intermediate (WTI) crude gained 21 cents, or 0.3 percent, to $75.56 a barrel….