wiar 08-15-20

MFwebsite2020researchWhat I Am Reading

Aug 15 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 ends almost flat as record remains elusive | R
Momentum Failing High-Priced S&P 500 on Brink of Making History | B
Stocks are ignoring the lack of a stimulus package from Congress, but that could change | C
The stock market would love a Democratic sweep in November | MW
Muni Defaults Surge, but Yields Don’t Follow | W

US
Retail Spending in July Topped Pre-Pandemic Levels | W
U.S. retail sales slow in July; obstacles mount for nascent economic recovery | R
Can U.S. retail sector’s ‘V-shaped’ rebound jump the fiscal cliff? | R
Inflation is low now, but it still poses a big threat to retirees’ financial security | MW
Remote Work Is Reshaping San Francisco, as Tech Workers Flee and Rents Fall | W
These business owners won’t get full forgiveness on their PPP loans | C

US politics
Coronavirus stimulus: Trump calls for relief deal after Congress leaves | C
Capital-Gains Tax Rate Chasm Separates Trump, Biden | W
President Trump to Be Featured Each Day of GOP Convention | W
U.S. Postal Service warns of ‘significant risk’ of late ballots | R
Obama Says Trump Is Trying to ‘Kneecap’ the Postal Service | B
Homeland Security Officials Chad Wolf, Ken Cuccinelli Invalidly Appointed, Congressional Watchdog Concludes | W

Geopolitics & trade
Exclusive: U.S.-China trade deal review planned for Saturday postponed -sources | R
Exclusive: China ramps up U.S. oil purchases ahead of trade deal review – sources | R
Secret Ties Between U.A.E. and Israel Paved Way for Diplomatic Relations | W

Industries & companies
Aerospace: U.S. Probes Former NASA Official’s Contacts With Boeing Executive on Lunar Contracts | W
Autos: GM’s Efforts to Revive Fiat Chrysler Lawsuit Denied | W
FAANGs: Facebook says Apple refused to waive 30% fee on new feature
FAANGs: Why Was ‘Fortnite’ Removed From Apple and Google App Stores? | W
Financials: An AmEx Manager Says She Spoke Up About Sales Problems, Then Got Pushed to the Side | W
FinTech: Is This the Year You Finally Stop Swiping Your Credit Card? | W
Media: Russell Crowe’s ‘Unhinged’ was ‘toughest’ film release for top producer | C
Retail: Retail start-up Rent the Runway is closing all of its stores for good | C

Virus I
Bill Gates-backed vaccine maker CureVac shares nearly triple in Nasdaq debut | P
Trump on Russia’s approved ‘Sputnik V’ coronavirus vaccine: ‘We hope it works’ | C
Feds want to give away coronavirus vaccines for free | P

Virus II
Schools in Europe Reopen With Little Debate—but More Masks and Distancing | W
Reopening School During Coronavirus Means Sneeze Guards on Desks and Digital Thermometers at the Door | W
Amid Pandemic, More U.S. Adults Say They Considered Suicide | W
McKesson Tapped to Distribute Coronavirus Vaccines in U.S. | W

Offbeat
A Third of TikTok’s U.S. Users May Be 14 or Under, Raising Safety Questions | N
Innovation is seeing a major inflection point due to virus: investor | C