Dr. Ed's Blog

Jul 23 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Pfizer Shares Drive Dow Industrials Higher | W
Stock futures hold steady, Microsoft sheds 2.6% after reporting earnings | C
The ‘cobra effect’ will have a ‘disastrous and unimaginable’ impact on the market, Wall Street vet warns | MW
Tumbling Dollar Unleashes Precious-Metals Rally | W
Battered U.S. dollar ‘hanging by a thread’ as coronavirus cases grow | R

Central banks
Fed Deliberates How and When to Roll Out More Economic Support | W

US I
Senate Republicans Discuss Short-Term Extension of Jobless Aid | W
Unemployment: GOP considers extending benefits at reduced level of $100 a week through December | C
Pelosi says more aid directly to Americans is needed to support economic recovery | C
U.S. Jobs Picture Worsens With Census Survey Showing July Drop | B

US II
U.S. home sales rack up record gain; tight supply, COVID-19 seen slowing momentum | R
U.S. Existing-Home Sales Rose 20.7% in June | W
U.S. mortgage refis surge as rates fall to historically low levels | R
Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers | W
Global Dairy Prices Bounce Back From Coronavirus Slump | W

US policies & politics
Trump says sending federal agents to more U.S. cities to fight violent crime | R
PPP small business aid saved 2.3 million jobs, study estimates | R

Europe
Europe Could Soon Have Fiscal Firepower of the U.S. | W
Slack Files EU Antitrust Complaint Against Microsoft | W

US politics
Senate GOP balks at Trump’s call to withhold federal dollars from closed schools | NN

Geopolitics & trade
U.S. gives China 72 hours to shut Houston consulate as spying charges mount | R

Industries & companies
Autos: Tesla Posts Fourth-Consecutive Quarterly Profit, Defying Pandemic Shutdown | W
Autos: Tesla Knocks on S&P 500’s Door | W
Autos: Tesla will build its next Gigafactory near Austin, Texas | C
Casinos: Las Vegas Sands Revenue Plummets 97% | W
Restaurants: Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates | C
Retail: Coronavirus: Retail workers slammed by job cuts, pushed into new roles | C
Tech: Microsoft reports record revenue to wrap up a record-breaking fiscal year | MW
Tech: Microsoft Revenue Surges Though Cloud Growth Slows | W

Virus I
California reports record daily increase in coronavirus cases as it becomes worst-hit state in the U.S. | C
Arizona sees ray of hope in virus battle but cases rise in 44 U.S. states | R
Pfizer, BioNTech Get $1.95 Billion Covid-19 Vaccine Order From U.S. Government | W

Virus II
U.S. hospitals scramble to adopt new HHS coronavirus data system, some states see ‘data blackout’ | C
Opinion | We Searched for Covid-19 Data. Here’s What We Couldn’t Find. | N
Former CDC director says U.S. coronavirus response mixes politics with science in ‘very dangerous’ way | C

Virus III
Covid-19 Measures Have All but Wiped Out the Flu in the Southern Hemisphere | W
Brazil coronavirus: Politics, mixed messages hurt response | C

Offbeat
Wirecard’s Markus Braun Is Arrested Again as Scandal Embroils Angela Merkel | W
Merkel Lobbied for Wirecard Despite German Probe | W
Bill Gates denies conspiracy theories that say he wants to use coronavirus vaccines to implant tracking devices | C

Jul 22 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Dow pulls out 150-point gain as Big Tech leaders drag Nasdaq down | C
S&P 500 turns positive for 2020, but most stocks are missing the party | R
Jim Cramer: Trump’s face mask endorsement sparked recovery stocks rally | C
Stock futures rise ahead of major technology earnings | C

Central banks
Trump Fed Nominees Shelton, Waller Confirmed by Senate Committee | W

US
Low Fed rates, flight to the suburbs set to boost U.S. homebuilders | R

China
Worst Flooding in Decades Raises Concerns Over China’s Three Gorges Dam | W

Europe
How Angela Merkel’s Change of Heart Drove Historic EU Rescue Plan | W

US politics
U.S. House passes $740 billion defense bill; fight with Trump looms | R
Biden pledges free preschool as part of sweeping caregiving proposal | R
Second Stimulus Check? Republican Lawmakers Support More Payments | B
Republicans and White House divided on stimulus proposal: ‘I’m not a no, I’m a hell no’ | NN
Trump Moves to Exclude Unauthorized Immigrants From Counts for Congressional Seats | W
Federal Agents Deploy to Chicago as Big-City Mayors Decry Involvement | W

Geopolitics & trade
Xi’s Radical Stock Market Reforms Shield China Firms From U.S. | B
U.S. Accuses Two Hackers of Stealing Secrets From American Firms for China | W

Industries & companies
Airlines: Coronavirus pushes United Airlines (UAL) to a $1.6 billion loss in second quarter | C
Autos: Ford unveils electric Mustang Mach-E race car with 1,400 horsepower | C
Consumer: Coca-Cola Sales Fall 28%, but It Says the Worst Is Over | W
FAANGs: Snap says Facebook ad boycotts ‘opened the door’ with advertisers | C
Financials: E-brokers TD Ameritrade, Interactive Brokers sustained record retail trading volumes in the second quarter | C
Restaurants: With Indoor Dining Upended, Some Restaurants Call It Quits | W
Retail: Covid-19 Prompts Walmart to Close Stores on Thanksgiving Day | W
Retail: Walmart+ vs. Amazon Prime: Subscription service comparison
Retail: Best Buy says its sales are rebounding as stores reopen | C
Social media: LinkedIn to Lay Off About 6% of Its Workforce | W

Virus I
President Trump urges Americans to wear masks to prevent the spread of the coronavirus | C
Trump warns U.S. coronavirus outbreak will probably ‘get worse before it gets better’ | C
Trump Relaunches Coronavirus News Briefings as Cases Surge | W
Coronavirus: Trump says U.S. ‘in the process’ of crafting strategy | C
Tension, infighting roil Trump White House as coronavirus strategy sputters | R
White House coronavirus briefing: Fauci says he was not invited | C

Virus II
Texas and Florida report record average daily coronavirus deaths as hospitalizations also rise | C
Six Months, Two Surges: Contrasting Covid-19 in New York and Florida reveals a less deadly, but more prevalent pandemic | W
Germany’s coronavirus response: masterful science communication | C

Virus III
LabCorp CEO: Coronavirus is spreading faster than testing expansion| C
How Online School Will Be Better This Fall—but Still a Burden on Parents | W

Corporate finance
EBay to Sell Classified-Ad Business to Norwegian Firm for $9.2 Billion | W

Offbeat
Billionaires in New York could pay $5.5 billion a year under new tax | C

Jul 21 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. Stocks Rise as Investors Weigh Vaccine Hopes, Recovery | W
Nasdaq jumps more than 2% led by Amazon, S&P 500 goes positive for 2020 | C

Central banks
Bernanke and Yellen say the Fed needs to find out why the market broke down in March | C
Trump Nominee Judy Shelton’s Imperiled Nomination to the Fed

US
When the U.S. sneezes, the world catches a cold. What happens when it has severe COVID-19? | R
Winning Streak of Big Cities Fades With 2020 Crises | W
Wall Street Firms Consider Moving Jobs Out of NYC, Study Says | B

Europe
EU Edges Toward Massive Stimulus Package With New Proposal | B
EU eyes cuts to green transition fund in late bid to strike recovery deal | R

China
China Snuffs Out Beijing Coronavirus Cluster, Wages War on Another | W

US policies & politics I
Who Will Win 2020 Election? First Votes Cast in Six Weeks | B
Democratic sweep could spark a surprise rally with a unified approach to Covid-19, Bank of America says | C
Democrats say Congress appears to be target of foreign interference | C
Wealthy may get up to $40 billion in tax breaks if Obamacare is overturned | C

US policies & politics II
Coronavirus stimulus: Congress tries to pass pandemic relief bill | C
Republicans Put Schools, Jobs at Top of Coronavirus Priorities | W
Will there be a second $1,200 stimulus check? Here’s what we know | C
Corporations Seek Tax-Credit Cash-Out in Next Coronavirus Relief Plan | W
Misleading PPP coverage could cost people their jobs
Trump administration preparing to send federal agents to Chicago | NN

Industries & companies
Airlines: Nearly 17,000 Southwest employees sign up for buyouts, voluntary leave as furlough threat looms | C
Autos: Tesla Is a Hit in China but That Doesn’t Mean Chinese EV Stocks Are a Buy | W
FAANGs: Apple just saved $14 billion in tax — but can the tax system be saved? | TheHill
Media: Covid Rewrites the Disney Playbook | W
Retail: Back-to-School Shopping Is Off to a Rough Start | W
Tech: IBM Earnings Falter as Coronavirus Accelerates Turnaround Push | W

Geopolitics & trade
China May Retaliate Against Nokia and Ericsson If EU Countries Move to Ban Huawei | W

Virus I
Trump says coronavirus masks are ‘patriotic’ after months of largely resisting wearing one | C
Coronavirus: Trump says he will resume holding White House briefings | C
Coronavirus Vaccine Data Raises Hope for Trio of Candidates | W
Investors cheer as two coronavirus vaccine candidates report T-cell responses, but findings are still early stage | MW
Coronavirus vaccine from Oxford, AstraZeneca shows positive response in early trial | C
New Treatment for Covid-19 Shows Promise, but Scientists Urge Caution | N

Virus II
US coronavirus: Some states keep smashing Covid-19 records | NN
More than half of U.S. states have statewide mask mandates | C
How Europe Kept Coronavirus Cases Low Even After Reopening | W
Teachers union sues Florida to halt in-class school reopening amid pandemic | R
As pandemic flares, Chicago bans indoor bars and facials; Florida cases soar | R
‘If It’s Here, It’s Here’: America’s Retirees Confront Coronavirus in Florida | N

Corporate finance
Chevron Agrees to $5 Billion Takeover of Noble Energy | W
Caesars and Eldorado Close $8.58 Billion Merger | W
Jack Ma’s Ant Group Plans Dual IPOs in Shanghai, Hong Kong, Bypassing New York | W
SoftBank Pulls $700 Million From Credit Suisse Fund | W
Walmart Revives Plan to Sell Stake in Asda | W

Cybersecurity
Twitter Hack Revives Concerns Over Its Data Security | W

Jul 20 (Monday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 Edges Up, Logs Modest Weekly Gain | W
Why MSCI and S&P Global Stock Are Worth Buying at Any Price | BR
The Big 3 Index Providers Have a Huge Amount of Power–Even Over Tesla | BR
Beneath Bond Market’s Surface, Tumbling Real Yields Boost Other Assets | W

US
U.S. Companies Lose Hope for Quick Rebound From Covid-19 | W
Jamie Dimon’s warning for the U.S. economy | C
Weekly jobless claims rise by 1.3 million vs 1.25 million expected | C

US politics & policies I
US Election: Donald Trump and Mike Pence attempt a campaign reset as public trust falters | NN
Here’s What Double-Digit Unemployment Could Mean for the Election | W
Race for a Covid-19 Vaccine Might Have Political Side Effects | BR
Operation Warp Speed – Donald Trump is hoping for a covid-19 treatment by November | E

US politics & policies II
Depleted Trump Economic Team Faces Major Test Over Extending Coronavirus Relief Efforts | W
Here’s What to Expect From the Next Stimulus Bill — and a Democratic Sweep | BR
As $600-a-Week Jobless Aid Nears End, Congress Faces a Quandary | W
AOC’s Anti-Billionaire Crusaders Are Spreading in New York City | B
Some Companies Got Both Government Contracts and PPP Loans | W
Firms With Troubled Pasts Got Millions of Dollars in PPP Small-Business Aid | W

Geopolitics & trade
China’s Plan to Conquer the Moon, Mars and More | W
Op-Ed: The cold war between U.S. and China just got a lot hotter | C
Huawei and the tech cold war – China v America | E
Japan Will Pay Its Companies to Leave China | B
EU nations deadlocked at tense coronavirus recovery summit | R
G20 officials pledge to keep cooperating to bolster global economy | R

Industries & companies
Autos: ‘A Powerful Force’: Tesla’s Momentum Leads Stock-Market Surge | W
Financials: What Banks Tell Us About Covid-Era Business: ‘Everybody Is, Bluntly, Struggling’ | W
Financials: Despite recession, JPMorgan Chase just posted record revenue — here’s how they did it | C
Financials: Goldman Sachs Just Had a Blowout Quarter. It’s No Fluke. | BR
Financials: BlackRock’s Profit Jumps 21% as Investors Surge Into Bond Funds | W
Financials: Wells Fargo Stock Has Been Beaten Down. It Could Be a Buy. | BR
Healthcare: Hospitals Appeal Decision Upholding Disclosure of Rates Negotiated With Insurers | W
Industrials: The Dimming of GE’s Bold Digital Dreams | W
Restaurants: These restaurant chains filed for bankruptcy during the pandemic | C
Retail: The Next Phase of the Retail Apocalypse: Stores Reborn as E-Commerce Warehouses | W
Retail: Brooks Brothers’ Latest Suitor Wants to Bring Italian Flair to American Fashion | W
Retail: Dollar Stores Are a Retail Growth Story Even in a Downturn | BR

Virus I
U.S. divided over masks, schools as coronavirus cases rise by over 70,000 again | R
Fauci holds up New York as model for fighting coronavirus — ‘They did it correctly’ | C
How Many People in Florida Have Covid-19 Antibodies? | B
Face Masks Really Do Matter. The Scientific Evidence Is Growing. | W

Virus II
Covid-19: Most of World May Face Virus Without Vaccine | B
Oxford’s Covid-19 Vaccine Is the Coronavirus Front-Runner | B
GitLab worked remotely with over 1,000 employees before coronavirus | C
Let them learn – The risks of keeping schools closed far outweigh the benefits | E

Corporate finance
I’ll have semiconductors with that – Analog devices buys Maxim Integrated for $20bn | E

Cybersecurity
The other virus threat – Japan Inc’s IT needs a security patch | E
Twitter Says Hackers Downloaded Some Users’ Personal Data in Recent Attack | W

Offbeat
John Lewis, U.S. Congressman and Civil Rights Icon, Dies | W
Invisible men – How objectivity in journalism became a matter of opinion | E

Jul 18 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 Edges Up, Logs Modest Weekly Gain | W

Central banks
Fed Unveils Plan to Extend Emergency Loans to Nonprofits | W

US
U.S. Wages Just Jumped the Most Ever. But It’s Horrible News | B
Jobs Recovery Shows Signs of Slowing as Coronavirus Surges | W
Flight to suburbs boosts U.S. homebuilding, but COVID-19 surge erodes consumer sentiment | R

US policies & politics
Treasury’s Mnuchin open to blanket forgiveness for smaller business relief loans | R
Biden facing pressure within party as running mate search enters final phase | R
Biden Says Republicans Will Have ‘Epiphany’ If He Is Elected | B
Mary Trump: Trump rips his niece in first comments about her book | NN
Ruth Bader Ginsburg says she’s being treated for liver cancer but working ‘full steam’ | C

Industries & companies
Airlines: ‘Let’s Go Fly, for God’s Sake.’ Behind American Airlines Chief’s All-In Strategy | W
Airlines: Delta seeks to cut pilots’ minimum pay to avoid furloughs for a year | C
FAANGs: Amazon stock had its worst week since February | C
FAANGs: FTC Considering Deposing Top Facebook Executives in Antitrust Probe | W
Financials: BlackRock’s Profit Jumps 21% as Investors Surge Into Bond Funds | W
Pharma: Moderna’s 370% Rally Has Cost Short Sellers $1.5 Billion in 2020 | B

Virus I
U.S. Virus Cases Hit Another Daily Record as State GOP Officials Target Mask Orders | W
Trump says ‘I don’t agree’ with CDC director’s mask message | C
California governor outlines strict guidelines for schools, making classroom instruction unlikely | C
San Francisco mayor pauses reopening indefinitely, orders offices and indoor malls to close | C
Coronavirus: Cuomo clears NYC to enter next phase of reopening with restrictions | C
Texas GOP In-Person Convention Back On in Last-Minute Ruling | B
 
Virus II
N95 Face Mask Makers Ramp Up Production to Meet U.S. Covid-19 Demand | W
Timeline Accelerates for COVID-19 Drug Development
Almost all Covid-19 patients with symptoms had at least one of these three, small CDC survey says | NN
CVS Covid-19 Test Results Are Taking Longer Than Customers Have Been Told | W

Virus III
Schools Beat Earlier Plagues With Outdoor Classes. We Should, Too. | N
How Sweden fought coronavirus, and what went wrong | C
How Dr. Deborah Birx’s political skills made her the most powerful person on the task force | NN
Rare air: U.S. meatpackers try air cleaning tech after COVID-19 outbreaks | R

Jul 17 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stocks End Lower as Economic Concerns Flare Up | W
Active ETF Launches Are Outstripping Passive for First Time | B

Central banks & credit
Fed Bought $12 Million in One Day of Main Street Loan Purchases | B
Lagarde Says ECB Won’t Be Constrained in Fight Against Virus | B
NY Fed’s Williams says it could take time to dig economy out of ‘very deep hole’ | R
Negative U.S. rate bets persist, but seen unlikely to happen | R

Commodities & currencies
The world loves the US dollar. Trump and the pandemic could change that | NN
You say high inflation, I say show me the currency devaluation | FT

US I
U.S. Retail Sales Rose 7.5% in June as Stores Reopened | W
Consumers spent at pre-Covid levels, but virus spread and jobless rate could make economic boost temporary | C
Virus surges. Work hours plateau. U.S. may be flattening the wrong curve | R
US Unemployment Benefits Applications Post Smallest Week Decline | B
U.S. Jobless Claims Held Nearly Steady at 1.3 Million in July 11 Week | W

US II
30-Year Mortgage Rate Reaches Lowest Level Ever: 2.98% | W
Restaurant reopening reversals are a disaster for farmers | NN
CDC bans U.S. cruises through September, citing expanding coronavirus outbreaks | C
Biden committees raise nearly $100 million as Spielberg, James Murdoch, others donate | C

China
The $52 Trillion Bubble: China Grapples with Epic Property Boom | W
China’s Economy Appears Back on Track, but Challenges Remain | W

US policies & politics
Coronavirus stimulus: Nancy Pelosi discusses next relief bill | C
White House Says Stimulus Bill ‘Must’ Include Payroll Tax Cut | B
GOP Senators Move Ahead With Coronavirus Liability Plan | W
Explainer: U.S. Congress readies $740 billion defense bill covering far more than bullets | R
Trump campaign aims to reset with staff shake-up, sharpened data focus | R
Sens. Elizabeth Warren and Bernie Sanders slam Trump for giving Gilead ‘windfall’ deal for coronavirus drug | C
Cuomo slams Trump coronavirus response as ‘virus of American division and federal incompetence’ | C

Geopolitics & trade
Hong Kong reverts to China tariffs under Trump order, impact limited: trade lawyers | R
Trump Administration Discussing Travel Ban on China’s Communist Party Members | W
Could Trump Win the War on Huawei—and Is TikTok Next?
Barr slams U.S. tech for becoming ‘pawns of Chinese influence’ | C
U.S. Files First Case for Violation of North Korea Sanctions | W

Industries & companies
Airlines: American Targets New York Expansion With JetBlue Pact | W
Consumer: CEO of Lysol maker: Sales are up as a result of coronavirus pandemic | C
FAANGs: Netflix adds more than 10 million new subscribers and names Sarandos co-CEO, but stock is tanking | MW
Financials: Trading Powers Morgan Stanley to 45% Profit Jump | W
Financials: A $35 Billion Bite From U.S. Bank Profits May Only Be the Start | B
Financials: Bank of America Sees Reasons for Optimism in a Coronavirus Economy | W
Media: These charts show why studios are likely to delay ‘Tenet’ and ‘Mulan’ | C
Retail: Which Stores Are Opening or Closing Amid the Covid Retail Shakeout? | W

Virus I
Top HHS official says closing indoor bars and wearing masks will ‘shut down’ coronavirus outbreaks | C
Johnson & Johnson Readies to Start Covid-19 Vaccine Studies | W
Growing Wait Times for Covid-19 Test Results Hinder Virus Response | W
Blood types and coronavirus: Are certain types more vulnerable to Covid-19? | NN

Virus II
School reopenings: Several big US school districts extend remote classes into the fall | NN
Will Schools Reopen on Time? More Leaders Are Saying No | W
The coronavirus pandemic child care crisis, in 11 numbers
Covid-19 Infections on the Rise in Kids and Teens | B

Virus III
Coronavirus data disappeared after Trump administration shifted control from CDC | C
These are the states requiring people to wear masks when out in public | NN
In Texas, a Doctor Fights the Surge and Gets Covid-19; ‘I Cry Every Day’ | W

Cybersecurity
Russian Hackers Blamed for Attacks on Coronavirus Vaccine-Related Targets | W
EU’s Top Court Restricts Personal-Data Transfers to U.S., Citing Surveillance Concerns | W
Twitter hack: How hackers gained access to accounts | C
Twitter stepped up search to fill top security job ahead of hack | R
Why Hackers Use Bitcoin and Why It Is So Difficult to Trace | W

Offbeat
What Donald Trump Could Learn From Playing Poker
Opinion | My Small Alabama Town, Masked and Unmasked | N
Warren Buffett reaps $40 billion from giant Apple stake since March bottom | C

Jul 16 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. Stocks Finish Higher After Promising Vaccine Study | W
Wall Street ends higher on vaccine bets, Goldman results | R

Central banks
NY Fed’s Logan says market functioning has improved but officials remain vigilant | R

US
U.S. Industrial Production Picked Up Again in June | W
U.S. firms saw uptick in activity but virus surge weighs, Fed survey shows | R
Covid-19 Whiplash Jolts California’s Small Businesses | W
‘My PPP loan allowed me to reopen, but it is not going to allow me to stay open’ | MW

US policies & politics
2020 election news: Donald Trump vs. Joe Biden swing state polls | C
With Joe Biden ahead in polls, $15 minimum wage could get another push | C
Trump needs an economic agenda for reelection before Biden defines him | C
Alabama, Texas Primary Results Show Power of Trump Endorsements | W
Trump to Put New Environmental Review Rules into Force | W

Geopolitics & trade
Outrage Over China’s Treatment of Hong Kong Galvanizes the West | W
Trump Leans Against Sanctions on Chinese Officials for Now | B
U.S. Sanctions on Hong Kong Security Law Put Banks in a Quandary | W
U.K. to Ban Huawei From Its 5G Networks Amid China-U.S. Tensions | W

Industries & companies
Consumer: Coronavirus Has Americans Hooked on Canned Tuna, and Producers Are Playing Catch Up | W
FAANGs: Apple Scores Legal Victory Against $14.9 Billion E.U. Tax Demand | N
FAANGs: Amazon Extends Work From Home for Corporate Employees Until 2021 | B
FAANGs: Amazon Echo Buds headphones overheat warning sent to customers | C
FAANGs: Google bundles video calls and chat into Gmail for business users | C
FAANGs: Searching for Video? Google Pushes YouTube Over Rivals | W
FAANGs: Facebook new section to debunk coronavirus myths | C
Financials: Biggest Banks Gain $10 Billion on Fed Moves to Open Debt Markets | B
Financials: Goldman’s Traders, Bankers Keep Profit Steady While Rivals Falter | W
Financials: Bank of New York Mellon’s Lower Interest-Revenue Forecast Pushes Down Shares | W
Restaurants: Chipotle Adds Drive-Through Lanes and Staff | W
Retail: Walmart to Require Shoppers to Wear Masks in All U.S. Stores | W
Retail: As virus-wary shoppers opt for online purchases, retailers pay the price | R

Corporate finance
Google to Invest $4.5 Billion in India’s Jio Platforms | W
Uber, Amazon and other tech deals plow ahead despite coronavirus, antitrust scrutiny | C

Virus I
How Taiwan beat the coronavirus | C
Why Arizona Wasn’t Ready for Its Coronavirus Surge | W
How to restart unemployment benefits if your work shuts down again
Fauci calls White House criticism of him bizarre, says ‘let’s stop this nonsense’ and fight coronavirus | R

Virus II
Employees Feel Pressured as Bosses Order Them Back to Offices During Pandemic | W
Zoom Targets Prolonged Remote-Work Era as Coronavirus Drags On | W
‘Are They Setting My Children Up for Failure?’ Remote Learning Widens Education Gap. | W

Offbeat
You’re Doomscrolling Again. Here’s How to Snap Out of It. | N
Wirecard Boasted of Hundreds of Partnerships. Some Were Less Than Meets the Eye. | W
Deepfake used to attack activist couple shows new disinformation frontier | R

Jul 15 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Dow rises for a third straight day, rallies more than 500 points as Caterpillar leads | C
Why the S&P 500 doesn’t underperform despite U.S. inability to contain COVID-19 | MW
Dow futures jump 200 points after Moderna says its vaccine produces antibodies to coronavirus | C
Asian markets set to shake off coronavirus spread, U.S.-China tensions | R

Central banks
Fed officials warn on ‘thick fog’ ahead for U.S. economy as recovery concerns deepen | R
Fed’s Brainard Sees Substantial Economic Risks and Slow Recovery | W
Fed’s Bullard Says Economy Can Rebound in Second Half of Year | W
Fed’s Kaplan says the U.S. economy will see above-trend growth in 2021 | C

US
Inflation Expectations Are Wrong, Which Is Good | W
U.S. June Consumer Prices Rose Sharply as Reopenings Prompted More Buying | W
New Ivanka Trump initiative tells out-of-work Americans to ‘find something new’ | NN

Emerging
Lower Borrowing Costs Can’t Save India’s Shadow Banks in Crisis | B

Japan
Japan manufacturers’ mood pinned near 11-year lows as pandemic hammers global demand | R

US policies & politics
Trump Administration Asserts Control Over Coronavirus Data | N
Trump says U.S. would have half the number of coronavirus cases if it did half the testing | C
Trump administration rescinds order blocking foreign students taking classes online from living in the U.S. | C
Joe Biden Unveils $2 Trillion Plan to Combat Climate Change | W

Geopolitics & trade
Trump says he is ‘not interested’ in trade talks with China | R
Trump says he signed executive order ending preferential treatment for Hong Kong | R
Trump signed law slapping sanctions on China for interference in Hong Kong | C

Industries & companies
Aerospace: Boeing Reports More MAX Cancellations | W
Airlines: Delta Trims Flying Amid Coronavirus Pandemic | W
Autos: Auto Makers Grapple With Worker No-Shows as Covid-19 Cases Surge | W
Autos: Texas county approves tax breaks for a new Tesla factory near Austin | C
Autos: GM Faces Battle in China to Regain Lost Ground | W
Biotech: Biopharma NanoViricides sees stock soar on coronavirus claims | C
FAANGs: Amazon launches neighborhood health clinics for warehouse workers | C
Financials: Despite recession, JPMorgan Chase just posted record revenue — here’s how they did it | C
Financials: ‘This Is Not a Normal Recession’: Banks Ready for Wave of Coronavirus Defaults | W

Virus I
Moderna’s Covid-19 Vaccine Moves to Bigger Study | W
Moderna shares jump as much as 16% after company says its coronavirus vaccine trial produced ‘robust’ immune response | C
Fauci hopeful that vaccines will give coronavirus immunity in 18 months | BI
Coronavirus vaccine is closer than the market thinks: Jeremy Siegel | C
We’re wasting time talking about herd immunity (opinion) | NN

Virus II
CDC says U.S. could get coronavirus under control in one to two months if everyone wears a mask | C
Opinion | A Shutdown May Be Needed to Stop the Coronavirus | N
As U.S. Surge in Coronavirus Cases Continues, Some States Tighten Rules | W
Israelis Fear Schools Reopened Too Soon as Covid-19 Cases Climb | W
Coronavirus: RNC considers holding August convention in Florida outdoors | C

Offbeat
Opinion | 10 Theses About Cancel Culture | N
Supreme Court Justice Ruth Bader Ginsburg hospitalized for possible infection | C

Jul 14 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Nasdaq, S&P 500 turn negative, as falling tech stocks outweigh renewed hope for coronavirus vaccine | MW

Central banks
Federal Reserve’s $3 trillion virus rescue inflates market bubbles | R
Want more jobs? Wear a mask, says Fed’s Kaplan | R
Fed’s Williams: SOFR Rate System Has Performed Well During Coronavirus Crisis | W

US
‘I Can’t Keep Doing This.’ Small Business Owners Are Giving Up. | N
The Pandemic Has Accelerated Demands for a More Skilled Work Force | N
Opinion | It’s 2022. What Does Life Look Like? | N
Coronavirus Spending Pushed U.S. June Budget Gap to $864 Billion, Treasury Says | W
U.S. June deficit surges to $864 billion | R
Robert Shiller warns that urban home prices could decline | C

US policies & politics
McConnell Says GOP Will Pitch Its Own Stimulus Plan Next Week | B
Trump swipes at Fauci, CDC as U.S. coronavirus cases rise | R
EPA to Retain Ozone Standard Set by Obama Administration | W
More than 200 schools, 17 states back lawsuits against Trump over international student rule | C

Geopolitics & trade
U.S. Set to Reject Certain Chinese Maritime Claims in South China Sea | W
White House adviser: U.S. still engaging on Phase One China trade deal | R

Industries & companies
Airlines: American Airlines to warn pilots this week about potential furloughs | C
Consumer: At PepsiCo, Quarantine Snacks Offset Drop in Soda Sales | W
FAANGs: Amazon restricts warehouse storage to prepare for holiday rush | C
Homebuilders: Homebuilders just saw the strongest June sales since the last housing boom | C
Media: A Bold Move to Remove Formal Policies Shapes Netflix Culture | W
Theme parks: ‘The beginning of a horror movie’? Disney World slammed as doors reopen amid spiking coronavirus cases | MW
Theme parks: Disney Closing Hong Kong Property as Government Looks to Halt Virus | W

Virus I
WHO says U.S. and Brazil accounted for half of new daily coronavirus cases | C
Coronavirus case averages reach record highs in more than a third of U.S. states as deaths climb | C
Fauci says U.S. coronavirus cases are surging because nation didn’t shut down | C

Virus II
California to close indoor restaurants, movie theaters and bars statewide as coronavirus cases rise | C
Data will determine where schools can open in New York in September, Gov. Cuomo says | MW
Coronavirus: NY Gov. Cuomo says he won’t use kids as ‘guinea pigs’ | C
L.A. and San Diego schools to resume online-only instruction in August | R
Coronavirus-related syndrome surfaces in older adults; stillbirths cause worry | R

Corporate finance
Google to Invest $10 Billion in India | W
Analog Devices to Buy Maxim Integrated for Over $20 Billion | W
Microsoft spins off Xiaoice chatbot for Chinese users | C

Offbeat
How Schools Can Reopen Safely: Recommendations from Health Experts | W
Jobs from home: As more people telecommute, the office market could shrivel | USA
This could be the end of office wear | NN

Jul 13 (Monday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Nasdaq stocks led by Tesla continue their blistering run while chill envelops rest of the market | C
Shares by the slice: Fractional investing sparks a stock market stampede | WP
A bull market returns – Stockmarket mania comes to China again. Can it last this time? | E
China Opts for Stability and Cools Off Overheating Stock Markets | BR

Commodities
Lumber Prices Rally Explosively Off Their April Lows | BR
This Is What It Looks Like When a Texas Oil Boom Busts | W

Central banks
Fed, Treasury Disagreements Slowed Start of Main Street Lending Program | W

US
S&P 500 earnings set to plunge as the coronavirus batters all sectors — counting on a bounce that may not come | MW
‘Epic failure’: U.S. election officials warn of November chaos due to budget crunch | R

Asia
Why China Isn’t Expected to Power a Global Recovery | W
Over 600,000 Hong Kongers cast ‘protest’ vote against new security laws | R

Europe
Op-Ed: Germany’s Merkel faces test that will shape EU after coronavirus | C

US policies
How to wind down stimulus – As the economy recovers fiscal policy has to shift | E
The Biden-Sanders climate-change policy pact: 8 key features | MW

Geopolitics & trade
Trump Expected to Take Action Against TikTok, WeChat: Navarro | B
The tech cold war is heating up – TikTok and the Sino-American tech split | E
Explosions and suspicion – A better way to contain Iran’s nuclear programme | E
U.S. Prepares to Levy Tariffs on French Cosmetics, Handbags | W

Industries & companies
FinTech: ‘Buy Now Pay Later’ Is Having a Moment as Pandemic Changes Shopping Habits | W
Media: Disney World Reopens With Masks and Without Lines | W
Retail: Best Buy Founder Richard Schulze Sells Big Block of Stock | BR
Tech: Quit Chrome. Safari and Edge Are Just Better Browsers for You and Your Computer. | W
Wireless: Nokia Stands to Gain From 5G Spending. And Its Stock Is Cheap. | BR

Virus I
US coronavirus: Florida sets new single-day record for new Covid-19 cases of any state nationwide | NN
Trump wears coronavirus mask during public visit to Walter Reed military hospital | C
As Covid-19 Vaccine Development Pushes Ahead, Researchers Probe Safety | W

Virus II
What Is ‘Alternative Data’ and How Is Wall Street Using It? | B
What We Know About Children and Covid-19 | W
From Flour to Canned Soup, Coronavirus Surge Pressures Food Supplies | W

Virus III
Testing times – Infections in India are soaring, but increased testing will help | E
Lock, unlock, repeat – Australia’s second city faces a new wave of contagion | E

Offbeat
Coronavirus relief: Stockton, CA gives residents $500 per month | C