Sport

Spurs are far from contending, but Victor Wembanyama’s defense is on a rapid ascent

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PHILADELPHIA — A few weeks ago, Joel Embiid said he wondered if Victor Wembanyama knew what he wanted. “I think, first of all, he has to figure out where he wants to play, whether he wants to be a guard or a big or whatever,” the 76ers big man said. “It’s not necessarily whether he …

Business

China’s Rising Debt Spurs Moody’s to Lower Credit Outlook

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In another blow to China’s economy, the credit ratings agency Moody’s said Tuesday that it had issued a negative outlook for the Chinese government’s financial health. Moody’s expressed concern at the potential cost to the national government of bailing out debt-burdened regional and local governments and state-owned businesses. Moody’s, which previously viewed China’s finances as …