A U.S. nuclear-capable submarine made its first port visit to South Korea in more than four decades, a boost to deterrence as North Korea steps up its threats. https://ift.tt/dGSEKy7

Major U.S. stock indexes extended recent gains, with the S&P 500, Dow and Nasdaq advancing 0.7%, 1.1% and 0.8%, respectively. https://ift.tt/er0komR

The Big Four accounting firms are trimming their consulting ranks after forecasting slower growth as more businesses scale back on third-party help in certain areas. https://ift.tt/35K4m28

Americans boosted their retail spending in June for the third straight month, a sign of consumers’ continued resilience amid easing inflation and a strong labor market. https://ift.tt/cEv45tF

Morgan Stanley said second-quarter profit fell 13% from a year earlier, driven by a 22% decline in trading revenue, while investment-banking fees were about flat after falling sharply in recent quarters. BofA, meanwhile, reported higher earnings. https://ift.tt/1O5MFLB

Gucci CEO Bizzarri is leaving as part of a management shuffle that will elevate two other executives at Kering, the owner of the fashion house and other brands. https://ift.tt/iOKLWS5

How a Once Unpaved Stretch of Highway Became One of Florida’s Hottest Rental Markets https://ift.tt/2izl1qt

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ADB Holds Asia Economic Growth Outlook Steady https://ift.tt/hrLyVev

The Lounge Battle Royale Coming Soon to Your Airport https://ift.tt/l4w3nOH