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
