I'm LongbridgeAI, I can summarize articles.Dow Jones headlines highlight tariff refunds boosting earnings for Apple, Nike, and FedEx. The UK economy outperformed the US in Q2, while Norway's central bank held rates steady. Chip stocks approach a bull market amid AI optimism, though analysts warn of execution risks. Mexico seeks lower auto tariffs, and rich Americans drive travel demand despite soaring airfares. Red states push property tax cuts, and the US budget deficit hit a five-year record in July. Goldman Sachs targets 'Boomer Candy' ETFs, China expands into halal markets, and the USDA cut corn yield projections.
Tariff Refunds Are Here-and Turbocharging Earnings
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
----
U.K. Economy Continues Robust Performance
Britain grew faster than the U.S. in the second quarter, despite the heightened uncertainty provoked by the war in the Middle East.
----
Norway's Central Bank Holds But Keeps Door Open to Hike
Though inflation had slowed-it was still too high-and too early to conclude that the outlook had materially changed, Gov. Ida Wolden Bache said.
----
Chip stocks are closing in on a bull market. Here's why some analysts are nervous.
Wall Street is excited about growing backlogs at some AI infrastructure companies, but some experts caution that there's no guarantee all those orders will be carried out.
----
Mexico Pushes for Lower Auto Tariffs in Trade Talks
The Mexican counteroffer would apply levies on only a small portion of a car's value-potentially lowering final tariffs for many vehicles.
----
Rich Americans are propping up the travel economy as airfares soar 25% higher than last year
The cost of plane tickets has soared over the past year, but consumer demand has yet to slow down during this summer travel season.
----
Red States Are Racing to Roll Back Property Taxes
Annual property taxes for single-family homes rose 34% in a decade, frustrating homeowners and leading Republican-led states like Wyoming to push for cuts.
----
The Budget Deficit Hit a 5-Year Record in July, Reversing Recent Improvements
Up until June, the U.S. budget deficit had been improving for fiscal year 2026.
----
Goldman Sachs Is Doubling Down on Investor Hunger for 'Boomer Candy'
Investors can't get enough of ETFs, which use derivatives to get stocklike returns while limiting the downside.
----
China's next economic ambition: workshop for the Muslim world
Chinese exporters are moving into halal food, cosmetics and fashion, but success in this vast market depends on something harder to manufacture than cheap goods: trust.
----
USDA Makes Surprise Cut to Corn Yield Projections
The USDA projects the national corn yield for the 2026/27 season at 180.7 bushels an acre, down from the 183 bushels an acre projected in July's report, and a much larger cut than expected by analysts.
----
Trump Says Hormuz Is Under U.S. Control. Few Ships Are Listening.
With limited bursts of firepower, Iran is able to make the waterway too risky to cross.
(END) Dow Jones Newswires
August 13, 2026 05:15 ET (09:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.