August 06 (Tuesday)
Markets
Dow plunges 760 points in worst day of 2019 as trade war intensifies (C)
Dow futures fall, implying a 480-point drop on Tuesday as trade war sell-off continues (C)
World’s Richest Lose $117 Billion in One-Day Market Meltdown (B)
Trump’s Fed Badgering Might Not Deliver the Weak Dollar He Wants (B)
NYSE Aims to Speed Up Trading With Core Tech Upgrade (W)
Central banks
Reluctant Fed Likely to Cut Rates Again as Trade War Intensifies (B)
A Half-Point of Fed Cuts Could Be Here Before October Is Over (B)
Powell’s Off-the-Cuff Approach Leaves Investors on Edge (W)
Fed’s Brainard Is Monitoring Market Developments ‘Very Closely’ (B)
Fed to Create Payments System to Speed Money Transfers (W)
US
Services-Sector Growth is Slowest in Three Years (W)
US politics & gun violence
Trump Condemns White Supremacy as Death Toll From Shootings Rises (W)
Democrats aim their outrage at Trump after two mass shootings (R)
Mental Illness and Mass Murder (W)
Geopolitics: China & trade
China lets yuan weaken and stops buying U.S. crops, escalating trade war (R)
China’s Treasuries Hoard Seen as Next Line in the Sand After Yuan’s Drop (B)
US declares China a currency manipulator, says it’s using yuan to gain ‘unfair advantage’ in trade (C)
China fires biggest warning shot yet in trade war and now it’s up to Trump to decide how far to go (C)
Beijing Risks Economic Self-Harm by Weaponizing the Yuan (W)
Latest US-China tensions could be the trade version of ‘the end of the world as we know it’ (C)
Promotions and patriotism: ‘Battle Mode’ Huawei sees China smartphone sales surge (R)
Geopolitics: China & Hong Kong
‘Prepared to Die’: Hong Kong Protesters Embrace Hard-Core Tactics, Challenge Beijing (W)
Hong Kong Crisis Escalates as Clashes Intensify and Spread (W)
Police battle protesters as strike paralyses Hong Kong (R)
Geopolitics: Other
North Korea Fires More Projectiles, Questions Talks With Trump (B)
Putin Says Russia Will Spy on U.S. to Match Missile Development (W)
Berlin: Don’t see Germany taking part in U.S. naval mission in Strait of Hormuz (R)
Iran says will not tolerate ‘maritime offences’ in Gulf (R)
India scraps special status for Kashmir in step Pakistan calls illegal (R)
Palestinian app helps drivers avoid Israeli checkpoint bottlenecks (R)
Industries & companies
Autos: Car dealers struggle to sell 2018 new-car inventory to make room for 2020 cars (C)
Financials: World’s Biggest Banks Sink to Record Lows as China Pain Spreads (B)
Restaurants: Restaurants, Food Makers Find Consumers Are Willing to Pay Higher Prices (W)
Corporate finance
GateHouse Media Parent to Buy Gannett for $1.4 Billion (W)
Barneys Nears Bankruptcy Filing With Plans to Close Most Stores (W)
Cybersecurity
Senator Asks Amazon for More Details on Capital One Hack (W)
Marriott Take $126 Million Charge Related to Data Breach (W)
Technology
New Japanese Flying Car Gets Off the Ground, for About a Minute (B)
Have No Fear of Facial Recognition (W)
Elon Musk to launch China unit for tunneling company this month (R)
