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
