August 30 (Friday)

YRI
One Book Could Change How the Federal Reserve Looks at Stock Buybacks (BR)
Daily Markets Overview

Markets
Dow surges more than 300 points after China hints it won’t retaliate for now in trade war (C)
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off (R)

US
U.S. Growth Slows, Corporate Profits Rise

Europe
Britain’s Labour plans to use parliament to thwart no-deal Brexit (R)

China
Young Chinese Spend Like Americans—and Take on Worrisome Debt

US politics
DOJ declines to prosecute Comey despite finding that he leaked info (R)
Democratic candidate Beto O’Rourke releases trade plan that would end Trump’s China tariffs (C)

Geopolitics & trade
U.S. Companies Say Trade War Is Hitting China Operations (W)
Trump says US and China resume trade talks Thursday ‘at a different level’ (C)
China says it’s willing to resolve the trade war with a ‘calm attitude,’ hints it won’t retaliate for now (C)
China Studying Tech Companies’ Exposure to U.S. Suppliers (W)
China says troops will defend Hong Kong’s prosperity ahead of planned pro-democracy march (R)
U.S. Prosecutors Probe Huawei on New Allegations of Technology Theft (W)
In Iran’s Hierarchy, Talks With Trump Are Now Seen as Inevitable (N)
US intel report says mysterious Russian explosion was triggered by recovery mission of nuclear-powered missile, not a test (C)

Industries & companies
FAANGs: Apple likely to unveil latest iPhone on September 10 (R)
FAANGs: Senators ask Jeff Bezos to crack down on thousands of unsafe products on Amazon (C)
FAANGs: How Amazon’s Shipping Empire Is Challenging UPS and FedEx (W)

Technology
Mobile payments have barely caught on in the US, despite the rise of smartphones (C)

Corporate finance
Aramco Proposes Two-Stage IPO, Shunning London, Hong Kong (W)
Disney sells its stake in YES Network to investor group that includes Amazon in $3.47 billion deal (C)

Offbeat
Organoids Are Not Brains. How Are They Making Brain Waves? (N)
Hurricane Dorian Possibly Growing to Category 4 (W)