Jul 23 (Thursday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Pfizer Shares Drive Dow Industrials Higher | W
Stock futures hold steady, Microsoft sheds 2.6% after reporting earnings | C
The ‘cobra effect’ will have a ‘disastrous and unimaginable’ impact on the market, Wall Street vet warns | MW
Tumbling Dollar Unleashes Precious-Metals Rally | W
Battered U.S. dollar ‘hanging by a thread’ as coronavirus cases grow | R
Central banks
Fed Deliberates How and When to Roll Out More Economic Support | W
US I
Senate Republicans Discuss Short-Term Extension of Jobless Aid | W
Unemployment: GOP considers extending benefits at reduced level of $100 a week through December | C
Pelosi says more aid directly to Americans is needed to support economic recovery | C
U.S. Jobs Picture Worsens With Census Survey Showing July Drop | B
US II
U.S. home sales rack up record gain; tight supply, COVID-19 seen slowing momentum | R
U.S. Existing-Home Sales Rose 20.7% in June | W
U.S. mortgage refis surge as rates fall to historically low levels | R
Small Businesses Brace for Prolonged Crisis, Short on Cash and Customers | W
Global Dairy Prices Bounce Back From Coronavirus Slump | W
US policies & politics
Trump says sending federal agents to more U.S. cities to fight violent crime | R
PPP small business aid saved 2.3 million jobs, study estimates | R
Europe
Europe Could Soon Have Fiscal Firepower of the U.S. | W
Slack Files EU Antitrust Complaint Against Microsoft | W
US politics
Senate GOP balks at Trump’s call to withhold federal dollars from closed schools | NN
Geopolitics & trade
U.S. gives China 72 hours to shut Houston consulate as spying charges mount | R
Industries & companies
Autos: Tesla Posts Fourth-Consecutive Quarterly Profit, Defying Pandemic Shutdown | W
Autos: Tesla Knocks on S&P 500’s Door | W
Autos: Tesla will build its next Gigafactory near Austin, Texas | C
Casinos: Las Vegas Sands Revenue Plummets 97% | W
Restaurants: Chipotle Mexican Grill (CMG) Q2 2020 earnings top estimates | C
Retail: Coronavirus: Retail workers slammed by job cuts, pushed into new roles | C
Tech: Microsoft reports record revenue to wrap up a record-breaking fiscal year | MW
Tech: Microsoft Revenue Surges Though Cloud Growth Slows | W
Virus I
California reports record daily increase in coronavirus cases as it becomes worst-hit state in the U.S. | C
Arizona sees ray of hope in virus battle but cases rise in 44 U.S. states | R
Pfizer, BioNTech Get $1.95 Billion Covid-19 Vaccine Order From U.S. Government | W
Virus II
U.S. hospitals scramble to adopt new HHS coronavirus data system, some states see ‘data blackout’ | C
Opinion | We Searched for Covid-19 Data. Here’s What We Couldn’t Find. | N
Former CDC director says U.S. coronavirus response mixes politics with science in ‘very dangerous’ way | C
Virus III
Covid-19 Measures Have All but Wiped Out the Flu in the Southern Hemisphere | W
Brazil coronavirus: Politics, mixed messages hurt response | C
Offbeat
Wirecard’s Markus Braun Is Arrested Again as Scandal Embroils Angela Merkel | W
Merkel Lobbied for Wirecard Despite German Probe | W
Bill Gates denies conspiracy theories that say he wants to use coronavirus vaccines to implant tracking devices | C
