July 03 (Wednesday)

Markets
U.S. Stocks Climb as Trade Stays in Focus (W)
Decline in Share Buybacks Poses Hurdle for Stock Market (W)
10-year Treasury yield falls back below 2%, global yields sink deeper into negative territory (C)

Central banks
IMF’s Lagarde Wins Support to Lead ECB (W)
Fed’s Mester: Too Soon To Say What Happens Next With Rates (W)

US
Auto Sales Slipped in First Half as Prices Surged (W)
Housing is providing another in a line of troubling signs pointing to an economic downturn (C)
How Congress can make housing affordable again (The Hill)
U.S. Wage and Job Growth Are Slowing, New Report Warns (B)

US politics
Kamala Harris Vaults Into Second Place as Joe Biden Slips After First Debate (B)
House Committee sues Treasury for Trump tax returns (C)
Who Got Refunds, Who Paid More: Inside the New Tax Law (W)

Geopolitics & trade
U.S. Threatens Further Tariffs on $4 Billion of EU Goods (W)
Japan, a Champion of Free Trade, Takes a Page From Trump’s Playbook (W)
Opinion: The trade war is over — and the winner is China, writes Howard Gold (MW)
How Poland became a front in the U.S.-China cold war (R)
What Trump’s Huawei Reversal Means for the Future of 5G (N)

Industries & companies
Autos: Tesla stock surges after setting new delivery and production records (C)
FAANGs: Amazon plans a 43-story skyscraper in Seattle suburb (C)
FAANGs: Facebook, YouTube Crack Down on Bogus Cancer Treatment Claims (W)
Retail: Retail Stocks’ Punishing Year Gets Worse (W)
Retail: Nike’s Betsy Ross controversy highlights new dangers lurking in old American icons (C)

Corporate finance
Budweiser Readies Year’s Biggest IPO, Tapping Asia’s Growing Thirst (W)
Slow Start to Year for M&A Gathers Force With June’s Flood of Deals (B)

Offbeat
An American Married Into a Political Family in China and Now She Can’t Leave (W)