Moody’s Sounds Alarm on U.S. Banks

A.M. Edition for Aug. 8. Ratings company Moody's cuts the credit ratings of 10 U.S. regional banks and warns of potential downgrades for six larger lenders. Plus, weak global demand drags down China’s economy. And WSJ reporter Jon Emont explains how growing wealth in Asia could signal the end of factories producing ultra-cheap stuff. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices