Companies reject claims that consumers are being bilked on prices. Still, says one executive, “We understand why there is this sticker shock.”

JGBs edged lower in the morning Tokyo session. The market is weighed by factors including a rally in Japanese and U.S. stock prices and abating concerns over a hard landing in the U.S., Mitsubishi UFJ Morgan Stanley Securities said.

Canadian National Railway says ‘no meaningful progress’ was reached in negotiations over the weekend.

Japanese shares may rise, tracking Wall Street’s gains overnight.

The expelled Republican congressman faces at least two years in prison.

President Biden will pass the torch to Vice President Kamala Harris, whose rise to the top of the ticket has shaken the presidential race. Other speakers include Alexandria Ocasio-Cortez and Hillary Clinton.