Aug 07 (Friday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Goldman Says Covid-19 Vaccine Approval Could Upend Markets | B
Amazon and Tesla Take Off as Small Investors Embrace Fractional-Share Trading | W
Asia Has a Wild Tech Rally of Its Own | W
Central banks
Fed’s Brainard lays out central bank’s instant payment framework | R
Fed’s Kaplan says small businesses need more financial help | R
US I
Economists predict U.S. added 1.7 million jobs in July, but admit it’s largely a guess. Here’s what worries them | MW
U.S. Jobless Claims Fell to 1.2 Million in Latest Week | W
In California, 57% filing for unemployment lost their jobs again | C
The Underemployment Crisis | Atlantic
The Workforce Is About to Change Dramatically | Atlantic
US II
More signs point to U.S. economic recovery losing momentum | R
Mortgage rates hit another record low, but homes still less affordable | C
More Farmers Declare Bankruptcy Despite Record Levels of Federal Aid | W
US politics
Coronavirus stimulus updates: McConnell, Pelosi expect deal, but gap remains | C
Liability Shield Is a Stumbling Block as Lawmakers Debate Relief | N
Trump Campaign Raises $165 Million in July, $25 Million More Than Biden’s | W
Facebook, Twitter Take Down Video of Trump Saying Children ‘Almost Immune’ From Covid-19 | W
Some foreign workers were sent stimulus checks in error | C
Geopolitics & trade
Trump to Sign Executive Order to Boost U.S. Production of Essential Medicine | W
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws | W
Industries & companies
Airlines: Delta Bets on Clean Jets to Grab Market Share, Pare Cash Burn | B
Autos: GM’s push to compete with Tesla begins with Cadillac Lyriq crossover debut Thursday | C
Consumer: Nintendo’s Pandemic Bonanza: a Billion-Dollar Profit | W
FAANGs: Coronavirus Hobbled Amazon. How the Tech Giant Rebounded for Its Best Earnings Ever. | W
FAANGs: Facebook rallies more than 5% following launch of TikTok competitor Instagram Reels | C
Healthcare: Bausch Health to Spin Off Eye-Care Business | W
Materials: Glencore Scraps Dividend, Posts Loss as Coronavirus Saps Demand | W
Media: $30 to watch ‘Mulan’ on Disney+ is either outrageous or an amazing deal, depending on who you ask | MW
Media: ‘Mulan’ went to Disney+ out of necessity, won’t become the norm | C
Pharma: Fortunes Won and Lost Trading in Kodak Stock: Inside a Wild Week | W
Virus
U.S. Daily Coronavirus Case Count Stays Well Below Recent Highs | W
Early Coronavirus Vaccine Supplies Likely Won’t Be Enough for Everyone at High Risk | W
Trump says it’s possible U.S. could have coronavirus vaccine before 2020 election | C
Use of facemasks during the COVID-19 pandemic | Lancet
US State Department lifts global ‘Do Not Travel’ advisory | NN
Ohio Gov. Mike DeWine tests positive for coronavirus ahead of Trump visit | C
Cybersecurity
Banking Regulator Fines Capital One $80 Million Over 2019 Hack | W
Corporate finance
Amazon, Apple, Google emails: Most revealing antitrust finds | C
Offbeat
Watch out, FIRE fans: New reports say retiring early can give you Alzheimer’s | MW
