What I Am Reading

September 11 (Monday) Latest Morning Briefing Executive Summary: ‘Talk To An Economist’ It’s worrying investors big time, but the escalating federal budget deficit doesn’t even merit an explanation from the administration driving it out of historically normal proportions. A federal deficit that’s rising as a percentage of nominal GDP at a time when GDP is rising is highly unusual. At risk is the bond market’s ability to finance the deficit at current interest rates. … This concern could make bond yields less sensitive to inflation (and the Fed’s reaction to it) and more sensitive to bond supply and demand. For now, we’re sticking with our back-to-the-old-normal bond yield forecast, based on our moderating inflation forecast, but we are increasingly concerned about the flood of Treasuries. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on September 11. Markets Column: Mighty dollar shares in Fed’s heavy lifting | R Japan Has a Long History of Disappointing Investors. Why This Rally Might Be Different. | W Global Trade Slump Reshuffles World’s Economic Cards in Favor of U.S. | W Central banks An Important Shift in Fed Officials’ Rate Stance Is Under Way | W Federal Reserve’s ‘Last Mile’ of Inflation Fight Will Be No Cakewalk | B Morning Bid: Japan jolt as inflation forks | R Exclusive: China’s central bank to scrutinize bulk dollar purchases – sources | R US US Consumer Is Likely to Start Cutting Back, Hurting Economy and Stocks | B Yellen ‘Feeling Very Good’ About Soft Landing for US Economy | B Why the national debt can both help and hurt the US economy | C Europe Germany predicted to be the only major European economy to contract | C Column: Europe’s gas storage must peak early this autumn | R China Xi Jinping’s Tight Control Hampers Stronger Response to China’s Slowdown | W Column: China’s strong crude oil, coal and iron ore imports flatter to deceive | R Geopolitics & trade Biden backs World Bank for expanded role on global stage to counter China | C Industries & companies Banks: With economy holding up, why is the market so down on America’s banks? | C Movie theaters: How Taylor Swift could change the movie theater industry | C Pharma: Generic Drugs Should Be Cheap, But Insurers Are Charging Patients Thousands of Dollars For Them | W Pharma: Ozempic, Wegovy may curb drinking, smoking: What we know | C Retail: Walmart Goes All In on Africa | W Tech: Qualcomm to supply Apple with 5G modems for iPhones through 2026 | C Tech: Alibaba shares tumble after Daniel Zhang unexpectedly quits cloud business | C   Technology Nvidia’s dominance in AI chips deters funding for startups | R Corporate finance Instacart seeks up to $7.7 billion valuation in IPO | C Artificial Intelligence Congress to hold new AI hearings as it works to craft safeguards | R Beyond markets UK begins Covid vaccine rollout early with new variant under watch | C

September 09 (Saturday) Latest Morning Briefing Executive Summary: Oil, China & The Ocean Oil prices have spurted skyward in recent months and recent days, as intended by the production cuts instituted by Saudi Arabia and Russia. The S&P 500 Energy sector’s share price index has spurted in sympathy, outperforming its counterparts this summer. Jackie looks at the countervailing forces affecting the global oil supply, including Saudi Arabia’s budget pressures and rising US oil production. … Also: China’s economy is not doing well despite the stimulative efforts of its government and default-avoidance efforts of its largest property developer. … And: An update on The Ocean Cleanup’s daunting mission. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on September 5. Markets Moves to Make as Stock Market Risks Look Worse | BR A New Stock Market High Looks Far Away. There’s a Lot at Stake. | BR Commodities Funds Are a Buy Now. The Price Is Right. | BR Central banks The Problem With Data Dependence Is Faulty Data. Just ask the U.K. | BR US U.S. Consumers Are Flush With Cash. They Don’t Feel That Way. | BR The Job Market Boom Is Over. Here’s Why and What It Means | W Why More Americans Are Working in Their 80s | BR Some Gen Z Are Not Going to College Amid Rising Tuition | BI A Huge Threat to the U.S. Budget Has Receded. And No One Is Sure Why. | N Europe Who Will Save Europe’s Economy? | W China The Belt and Road, as seen from China | E China’s Belt and Road Initiative will keep testing the West | E Geopolitics & trade U.S., India, Saudi, EU unveil a massive rail, ports deal at G20 | C China think tank says India is ‘sabotaging’ G20 for its own agenda | R China’s Top Diplomat to Skip U.N. Assembly, Raising Doubts About Possible Xi Visit to U.S. | W How the U.S. Stumbled Into Using Chips as a Weapon Against China | W Industries & companies Consumer: 6 Beaten-Down Food Stocks to Buy Now | BR Financials: Banks Are in a Rut. A Buyout Wave Could Be Building. | BR Technology M.B.A. Students vs. ChatGPT: Who Comes Up With More Innovative Ideas? | W Meta’s VR technology is helping to train surgeons and treat patients | C Crypto What it’s like in Europe’s crypto hub Portugal as the U.S. cracks down | C

September 08 (Friday) Latest Morning Briefing Executive Summary: Oil, China & The Ocean Oil prices have spurted skyward in recent months and recent days, as intended by the production cuts instituted by Saudi Arabia and Russia. The S&P 500 Energy sector’s share price index has spurted in sympathy, outperforming its counterparts this summer. Jackie looks at the countervailing forces affecting the global oil supply, including Saudi Arabia’s budget pressures and rising US oil production. … Also: China’s economy is not doing well despite the stimulative efforts of its government and default-avoidance efforts of its largest property developer. … And: An update on The Ocean Cleanup’s daunting mission. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on September 5. Markets Why stocks could avoid a steep selloff this September | NN Economic Data Lead Markets and Governments Astray | W Companies Pay More to Borrow in Record Bond Rush | W US The Fall in Home Prices May Already Be Over | W China Opinion | The Youth in China Can’t Find Work. That’s a Problem for Xi Jinping. | N Geopolitics & trade India Hosts G-20 Summit in Shadow of Geopolitical Rivalries | W G20 members ‘almost ready’ with leaders’ declaration, India says | R China Is Flooding the World With Car Exports | N Why China is turning into a liability for U.S. companies | C Industries & companies Autos: BMW, Mercedes, BYD and Porsche: Cars on display at IAA motor show | C Energy: Chevron Workers Begin Industrial Action at Australian Natural-Gas Plants | W Manufacturing: Mattel’s Windfall From ‘Barbie’ | N Pharma: Kroger will pay up to $1.2 billion to settle most nationwide opioid claims | C Retail: How much shrink and retail theft cost Lowe’s, Target, Macy’s | C   Artificial Intelligence Companies Look to Squeeze More Power Out of AI Chips | W Venture Investors Bet AI Can Improve Supply-Chain Management | W Climate US Offshore Wind Slammed by Runaway Costs | B Nearly all world’s population exposed to global warming over June-September, study says | R Beyond markets Peter Navarro Convicted of Contempt for Refusing to Speak to Jan. 6 Committee | W

September 07 (Thursday) Latest Morning Briefing Executive Summary: Oil, China & The Ocean Oil prices have spurted skyward in recent months and recent days, as intended by the production cuts instituted by Saudi Arabia and Russia. The S&P 500 Energy sector’s share price index has spurted in sympathy, outperforming its counterparts this summer. Jackie looks at the countervailing forces affecting the global oil supply, including Saudi Arabia’s budget pressures and rising US oil production. … Also: China’s economy is not doing well despite the stimulative efforts of its government and default-avoidance efforts of its largest property developer. … And: An update on The Ocean Cleanup’s daunting mission. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on September 5. Markets Inflation, Interest-Rate Worries Drag Stocks Downward | W US Why Higher Unemployment Is Good News Now | W US jobless claims hit lowest level since February; productivity strongest in years | R Help Wanted: Women to Fix America’s Infrastructure | W Europe Germany’s Economic Rut Gets Deeper | W China China Exports Fall for a Fourth Month as Once-Reliable Growth Engine Sputters | W China moves to widen state employee iPhone curbs | R Geopolitics & trade Impact of China Economic Slowdown on US Questioned in Federal Reserve Study | B Biden bets on emerging markets as Xi snubs G20 | R Huawei’s Breakthrough Still Shows China’s Limits in Tech Race | W Apple Faces New Challenge in China as Huawei Releases High-Speed Phone | W China campaigns target US elections on social media: Microsoft report | C Industries & companies Autos: UAW leader says strike would send Biden a message | C Autos: GM offers wage increases, hefty bonuses in UAW contract fight | C Banks: Real-Estate Doom Loop Threatens America’s Banks | W Defense: Startup investors fuel boom in U.S. defense tech amid China standoff | C Insurance: Health-Insurance Costs Are Taking Biggest Jumps in Years | W Media: Meta’s New Ad Campaign Reminds People That VR Is Already Here | W Pharma: Opinion | 4 Arguments You Will Hear Against Medicare Drug Price Negotiation | N Railroads: Whose Rail Line Is It Anyway? Freight Carriers Could Be Forced to Share Tracks With Competitors | W Retail: Walmart Cuts Starting Pay for Some New Hires | W Tech: Google’s antitrust trial: what are the stakes? | The Week Artificial Intelligence Google will soon require disclosures for AI-generated election ads | C Beyond markets Japan launches ‘moon sniper’ lunar lander SLIM into space | R Covid hospitalizations spike with new variant as U.S. readies vaccines | C

September 06 (Wednesday) Latest Morning Briefing Executive Summary: From Strong To Soft Patch? Is the surprising Q3 strength in the economy sustainable? Clues in the latest data releases suggest not, and our forecast calls for a renewed soft landing. A stronger-for-longer economy wouldn’t jibe with the Fed’s higher-for-longer interest-rate stance. … But the economic outlook hinges much on what consumers do next. We don’t see them slamming on the spending brakes, as the hard-landers predict will happen when excess savings are depleted. But they might start tapping on the brakes, especially given the imminent resumption of student loan payments and tightening credit conditions. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on September 5. Markets Wall St slips as Treasury yields rise, oil prices boost energy sector | R Saudi Arabia to extend voluntary cut of 1 million barrels per day until the end of the year | C Column: Crude oil uncertainty paradoxically equals price stability | R Central banks Opinion: The Fed’s inflation fight will push the 10-year Treasury yield to 5% | MW Fed Governor Waller agrees the central bank can ‘proceed carefully’ on interest rates | C US Mortgage rate tipping point: Homeowners say 5% is the magic number | C Congress returns with the clock ticking to avert government shutdown | C Labor Is a Terrible Guide to Inflation, but Nobody Wants to Admit It | W What’s Worse Than Record High Rent? Record High Rent, Plus Fees. | W China Russian and Saudi Oil-Production Cuts Flash Warning on Chinese Economy | W China’s Country Garden Buys Time to Repay Debt—but Not Long | W Geopolitics & trade Huawei’s new chip breakthrough likely to trigger closer US scrutiny, analysts say | R Tesla sues Chinese firm over tech secret infringement -Chinese state media | R Industries & companies Autos: In EV Transition, German Carmakers Lag Behind Tesla and China | W Financials: Analysis: US banks hold $3.3 trillion cash amid banking crisis, slowdown worries | R Financials: How big banks won the banking crisis | CNN Business Manufacturing: Column: Prolonged US manufacturing slowdown barely dents energy use | R Media: Meta employees are back in office three days a week | C Corporate finance Chip design firm Arm seeks up to $52 billion valuation in US IPO | C Arm Targets $52 Billion Valuation in Largest IPO of the Year | W Climate Investors Flock to Battery Recyclers in Hunt for Climate Law Winners | W

September 05 (Tuesday) Latest Morning Briefing Executive Summary: Powell’s Ideal Economy What would it take for the Fed to abandon its hawkish stance? Three things, suggested Fed Chair Powell’s recent Jackson Hole speech: core PCED inflation dropping closer to 2% y/y, demand for labor dropping closer to the supply of it, and consumer spending cooling off a bit. All that can happen without a recession, as it has twice before in recent history, and the latest data on all three parameters suggest progress in the right direction. … Today, we review the data showing rebalancing of the labor market, slowing consumer spending, and moderating inflation. … Dr. Ed also reviews “The Crowded Room” (+). (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on August 27. Markets Stock Traders Shrug Off High Rates With S&P 500 Hitting Best Week Since June | B Where Is the Stock Market Headed? What to Expect the Rest of This Year. | BR Nvidia, Tesla, Apple Stocks All Had a Great Week. Bring On September. | BR Low US heating oil stockpiles could cause winter sticker shocks | R China Rebound Leads Stocks Higher. Goldman Says there is More Stimulus to Come. | BR   US Do Higher Deficits Cause Inflation? Not This Year | W Why Consumer Confidence Is Dropping When the Economy Looks So Strong | BR How can American house prices still be rising? | E Biden 2024 election poll: Trump, economy, old age concerns, inflation | C Europe Europe’s economy looks to be heading for trouble | E Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says | C Germany’s economic model is sputtering. So are its banks | E Business leaders worry about the rise of the AfD | E Italy’s tax on bank profit continues to prove controversial | C China China’s shadow-banking industry threatens its financial system | E China’s urban youth unemployment crisis | C India India Made It to the Moon. That Doesn’t Make It a Top Industrial Power. | BR Geopolitics & trade How to stop a three-way nuclear arms-race | E Xi to skip G20 summit in India, China to send Li instead | C Chinese Gate-Crashers at U.S. Bases Spark Espionage Concerns | W Industries & companies Autos: American cities are suing car manufacturers over auto theft. They have a case | E Media: Barbie Is a Hit, but It Won’t Solve the Challenges at Warner Bros. Discovery | BR Pharma: America’s new drug-pricing rules have perverse consequences | E Corporate finance Where’s the 2023 Recession? The Answer Lies Partly in Changes in Corporate Debt. | BR How Softbank’s Disappointing Bet On Arm Could Turn Into the Biggest IPO of the Year | W Exclusive: Barclays explores sale of stake in $2.5 billion UK payments unit – sources | R Artificial Intelligence How Worried Should We Be About AI’s Threat to Humanity? Even Tech Leaders Can’t Agree. | W How worried should you be about AI disrupting elections? | E Climate COP28: ADNOC to spend over $1 billion a month on oil and gas for years, Global Witness says | C Japan is preparing for a massive earthquake | E

September 02 (Saturday) Latest Morning Briefing Executive Summary: Hooray! The Job Market Is Rebalancing The stock market has proven resilient so far this week, rallying despite the Fed chair’s hawkish speech Friday. Several tailwinds have helped: The JOLTs report on Tuesday suggested the labor market is rebalancing, upping the odds that the Fed is done tightening. Joe’s data show that analysts have been raising earnings estimates in recent weeks for all future periods they forecast and that more companies’ outlooks have improved over the past three months than was true at the data’s recent low point last year. The rolling recession in goods-related industries looks poised for a rolling recovery soon. … Also: Loan growth has been falling in the US and Europe, but the US economy remains resilient. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on August 27. Markets Dow closes more than 100 points higher to kick off September, notches best week since July | C Stock Traders Shrug Off High Rates With S&P 500 Hitting Best Week Since June | B Blackstone (BX), Airbnb (ABNB) to Join S&P 500 After Index Rebalancing | B BlackRock’s Rieder Says ‘Put Your Shoulder’ Into Bonds as Fed Rate Risk Recedes | B Column: US oil and gas output nears peak | R Central banks Column: ECB starts shadow boxing with bond market | R US I Resilient U.S. Economy Defies Expectations | W Fidelity International’s Ahmed Sticks by Recession Call on Lagging Rate Impact | B Here’s where the jobs are for August 2023 — in one chart | C Job Gains Eased in Summer Months; Unemployment Increased in August | W Home prices rise in July, but may be on the verge of cooling off | C   US II Americans’ Ideal Family Size Is Larger Than the Birthrate Suggests | W Biden trip to storm-damaged Florida to take place without DeSantis meeting | R Trump Is Top Choice for Nearly 60% of GOP Voters, WSJ Poll Shows | W   China Tech, Consumer Stand Out as China Earnings Revival Hopes Grow | B China’s Coal Reliance a Global Climate Concern, Canada Minister Guilbeault Says | B   Geopolitics & trade Russia’s Putin to meet with China President Xi as Ukraine war drags on | C Industries & companies Media: Arkansas Social Media Parental-Consent Law Blocked Just Before Going Into Effect | W Real Estate: All That Empty Office Space Belongs to Someone | N Retail: Back-to-school US spending set to hit record high in 2023 | R Corporate finance Saudi Arabia’s Aramco Considers Selling $50 Billion in Shares | W Exclusive: Arm signs up big tech firms for IPO at $50 bln-$55 bln valuation -sources | R Beyond markets JPMorgan flagged Jeffrey Epstein traffic transactions to Treasury | C

September 01 (Friday) Latest Morning Briefing Executive Summary: Hooray! The Job Market Is Rebalancing The stock market has proven resilient so far this week, rallying despite the Fed chair’s hawkish speech Friday. Several tailwinds have helped: The JOLTs report on Tuesday suggested the labor market is rebalancing, upping the odds that the Fed is done tightening. Joe’s data show that analysts have been raising earnings estimates in recent weeks for all future periods they forecast and that more companies’ outlooks have improved over the past three months than was true at the data’s recent low point last year. The rolling recession in goods-related industries looks poised for a rolling recovery soon. … Also: Loan growth has been falling in the US and Europe, but the US economy remains resilient. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on August 27. Markets The Generational Paradigm Shift Taking Over Markets | W U.S. Treasury yields fall after unemployment rate ticks higher | C Central banks Rates Are Up. We’re Just Starting to Feel the Heat. | W US I US Payrolls Rise by More Than Forecast While Wage Growth Cools | B Job Gains Eased in Summer Months, Unemployment Increased in August | W Nursing Homes Must Boost Staffing Under First-Ever National Standards | W US II Credit card debt rises above $1 trillion | The Week Why Are US Gas Prices Going Up? When Will Gasoline Fall? | B Inflation is rising again, and Bidenomics is still to blame | P White House asks Congress for short-term funding to avoid shutdown | C Europe From war bunker to penthouse to market flop: how Germany’s property boom ended | R China How China’s Economic Slowdown Will Impact Its Rise to Top Economy | B China Stimulus Aims to Boost Fragile Economy, Yuan | B Is China’s economy a ‘ticking time bomb’? | BBC Geopolitics & trade Ukraine turns the tables on Moscow as drone attacks increase | C China says the best way to ‘de-risk’ is to restore stability with the U.S. | C Has Huawei overcome U.S. sanctions by developing its own 5G chip? | R Industries & companies Pharma: Cost of Ozempic, Mounjaro Push Some to Take Second Jobs, Pile on Credit Card Debt for Weight-Loss | W Corporate finance FTC allows Amgen Horizon Therapeutics deal to move forward | C Technology Musk’s X to collect biometric information and employment data | C More companies see ChatGPT training as a hot job perk for office workers | C Tech investors bet AI finally poised to transform health care | B Companies Will Use Generative AI. But Will They Tell You About It? | W   Beyond markets Taylor Swift ‘Eras Tour’ Concert Film Is Coming to North American Movie Theaters | W

August 31 (Thursday) Latest Morning Briefing Executive Summary: Hooray! The Job Market Is Rebalancing The stock market has proven resilient so far this week, rallying despite the Fed chair’s hawkish speech Friday. Several tailwinds have helped: The JOLTs report on Tuesday suggested the labor market is rebalancing, upping the odds that the Fed is done tightening. Joe’s data show that analysts have been raising earnings estimates in recent weeks for all future periods they forecast and that more companies’ outlooks have improved over the past three months than was true at the data’s recent low point last year. The rolling recession in goods-related industries looks poised for a rolling recovery soon. … Also: Loan growth has been falling in the US and Europe, but the US economy remains resilient. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on August 27. Markets China Stock Investors Hope Measures to Boost Confidence Will Spur Revival | B European Stocks Buoyed by UBS | B Central banks Fed’s Bostic Urges Caution to Avoid Inflicting Unnecessary Pain | B ECB’s Schnabel Sees Worsened Growth Outlook But Prices Stubborn | B Euro-Zone Inflation Stops Slowing in Alarm Signal for the ECB | B Traders Are Bailing on the Euro as End to ECB Rate Hikes Draws Near | B US Americans Likely Increased Their Spending Significantly Last Month | W Will Inflation Keep Slowing? The Key Areas to Watch | N Companies Are Using Fewer Temp Workers, but That Doesn’t Portend a Downturn | W   Europe Eurozone Inflation Holds Steady at 5.3 Percent | N Euro zone inflation unexpectedly steady in August but core drops | R Euro zone price rises steady for August but core inflation declines further | C China China’s Economy Shows Fresh Signs of Weakness in Factories, Consumer Spending | W Column: China’s PMI stays sluggish, but commodity imports are still robust | R China economy: Factory activity in August shrinks for a fifth month | C How Evergrande’s collapse foreshadowed China’s property crisis | R Japan Workers stage Japan’s first strike in decades over department store sale | R   Geopolitics & trade China says drop in trade with U.S. is direct consequence of U.S. moves | C The U.S. and China Are Talking Again. Where It Will Lead Is Unclear. | N Raimondo’s China Tour Offers Glimmer of Hope to Battered U.S. Businesses | W How China became king of new nuclear power, how U.S. could catch up | C Industries & companies Energy: Shell Silently Abandoned Its $100 Million-a-Year Plan to Offset CO2 Emissions | B Media: How to stop Meta from using personal data to train generative AI | C Tech: Robot invasion slows in the face of weaker US economy, high interest rates | R Tech: Microsoft to Unbundle Teams Software in Europe | W Tech: Chromebooks Were Once a Good Deal for Schools. Now They’re Becoming E-Waste. | W Corporate finance Shein faces scrutiny over forced labor before IPO | C Artificial Intelligence Baidu’s Ernie bot jumps to the top of Apple’s app store in China | C

August 30 (Wednesday) Latest Morning Briefing Executive Summary: Consumers Spending Selectively The rolling recession hit the retail industry during the first half of this year. Demand for many retailers’ merchandise plummeted during Q2, even as consumers paid up for services like travel and dining and big-ticket items like new cars and homes. Jackie examines how the shift in consumer behavior affected the earnings of particular retailers last quarter as well as the ytd performance of particular Consumer Discretionary industries’ share price indexes. … Also: US households are in good shape right now with unemployment low. But consumer debt has been on the rise, and other factors may weigh on consumer spending soon—including the resumption of student loan payments. (subscribers’ link) YRI Daily Markets Overview Replay of Dr. Ed’s webinar on August 27. Markets S&P 500, Nasdaq inch up as economic data fuels rate-pause hopes | R China chip stocks rally after Huawei’s low-key launch of new Mate 60 Pro phone | R   Central banks Column: September sees Fed dot plot thicken | R Stubborn Inflation in Germany and Spain Keeps ECB on Alert | B US US GDP: Economy Expands at Revised 2.1% Pace in Second Quarter | B ADP Payrolls Data: US Companies Added 177,000 Jobs in August 2023 | B Demand for Workers Cools, but Remains Elevated | W Job Market Cools but Is Far From Freezing | W How to Play the Property Meltdown in Five Charts | W Where Tech Investors Are Buying Up Land, Locals Are Worried | N   Europe Gazprom’s Gas Output Decline Bottoming Out, Industry Data Show | B China What’s going on with China’s economic slowdown? | Vox   Geopolitics & trade Prigozhin’s Life on the Run: Wagner Chief Used Jets to Evade Tracking for Years | W Industries & companies Logistics: Chatbots Are Trying to Figure Out Where Your Shipments Are | W Media: The Twitter Superfans Trying to Ditch the X Brand | W Media: CNN Names Former New York Times Chief Mark Thompson CEO | W Mobile: Why Verizon, AT&T and T-Mobile Want to Access Your Bank Account | W Railroads: Train Wi-Fi Can Be Terrible. Operators Are Looking High and Low for Solutions. | W Tech: Funds punished for owning too few Nvidia shares after stunning 230% rally | R Corporate finance U.S. Steel Entering Confidential Pacts as It Reviews Bids | W 3M Just Agreed to a $6 Billion Settlement. More Lawsuits Await. | W Technology How long until a robot is doing your chores? | BBC Artificial Intelligence AI Fuels New Brand-Safety Worries, and Would-Be Solutions, for Marketers | W Climate Europe’s Biggest Wildfire This Century Rages in Greece | W Chicago Is Spending $3.8 Billion to Fight Flooding. It Might Not Be Enough. | W