Aug 20 (Thursday)
YRI
Morning Briefing PDF
Daily Markets
Markets I
Wall Street ends lower after Fed minutes highlight tough recovery | R
U.S. Stocks Slip After S&P 500’s Record Close | W
Pension Giant Says Radical Post-Covid Changes to Hit Investments | B
‘Hot’ Copper Is Attracting Plenty of Deal Buzz, Executive Says | B
Markets II
A New Trial May Help China’s Fickle Investors Stay the Course | B
China’s Brokers Race to Raise Funds to Fuel Nation’s Stock Rally | B
Central banks I
Fed minutes: Officials expect that coronavirus will ‘weigh heavily’ on the economy | C
Fed Officials Said the Economy Needed More Help From Congress | N
Several Fed policymakers see more easing ahead to help brace economy | R
Fed Sees Need for Additional Support but Is Vague on Timing | W
Central banks II
Fed Minutes Show FOMC Backs Away From September Guidance Shift | B
Fed’s Barkin says uncertainty is weighing on U.S. outlook | R
Exclusive: Fed’s Bullard – Wall Street ‘about right’ as U.S. muddles through virus risk | R
US
Virus Alters Where People Open Their Wallets, Hinting at a Halting Recovery | N
China
Flooding Again Pounds China’s Three Gorges Dam | W
US politics I
U.S. economy rebounding strongly; fresh aid coming to unemployed: Kudlow | R
Why you can’t count on that extra $300 weekly unemployment benefit | C
DNC Nominates Joe Biden to Lead Nation Through Pandemic | W
Kamala Harris to Accept Democratic Nomination for Vice President | W
Joe Biden United the Democrats—It’s Not Likely to Last | W
US politics II
Next Steps on Coronavirus Stimulus Package Divide Both Parties | W
Post Office Fight May Clear Way to Restart Stimulus Negotiations | B
U.S. postal chaos prompts Democrats to reassess mail-ballot plan | R
JPMorgan Chase held talks with U.S. Postal Service about installing ATMs in post offices | C
Trump tweets ‘Don’t buy Goodyear Tires’ after company bans workers from wearing MAGA attire | MW
Industries & companies
Aerospace: Boeing scores first new 737 Max orders since November | C
Energy: Oil Industry Frets About Recruiting Its Next Generation of Workers | W
FAANGs: Amazon Is Hiring and Expanding Its Offices: Inside the Tech Giant’s Strategy | W
FAANGs: Apple Reaches $2 Trillion, Punctuating Big Tech’s Grip | N
Retail: Retailers See E-Commerce Investments Pay Off Big as Coronavirus Keeps Shoppers Home | W
Retail: Target Sales Jump as Pandemic Speeds E-Commerce Shift | W
Retail: Lowe’s Online Quarterly Sales More Than Doubled | W
Retail: Victoria’s Secret parent L Brands (LB) reports Q2 2020 earnings | C
Tech: Big Tech’s Domination of Business Reaches New Heights | N
Tech: Nvidia Posts Record Sales as Pandemic Sustains Demand for Gaming, Data-Center Chips | W
Tech: Uber and Lyft Threaten California Shutdown: Here’s What’s at Stake | W
Wireless: Verizon offers Hulu, Disney+ and ESPN+ free for wireless customers | C
Geopolitics & trade I
U.S.-China Trade Talks Delayed, Not Derailed | W
Senators Warn Trump Saudi-Chinese Uranium Plant Risks Spread of Nuclear Weapons | W
Opinion | A TikTok Ban Is Overdue | N
China’s National-Security Law Reaches Into Harvard, Princeton Classrooms | W
Geopolitics & trade II
U.S. imposes sanctions on two UAE-based companies for aiding Mahan air | C
U.S. Risks Diplomatic Isolation With Bid to Reimpose U.N. Sanctions on Iran | W
Russia says it has intercepted U.S. spy planes over Black Sea: Ifax | R
U.S. trade panel launches patent infringement probe into Apple devices | R
Virus
Covid-19 Appeared to Be Under Control in Europe. Now It’s Surging Again. | W
Coronavirus: Scientists warn that students may need to wear masks in schools for years | C
Johns Hopkins scientists examining weird side effects of COVID-19 suggest one way coronavirus ‘gains a foothold in the body’ | MW
Alabama Reopening Universities as Virus Looms | N
Corporate finance
Airbnb Files Confidentially for IPO With SEC | W
Cryptocurrency
Cryptocurrencies Tumble Most in Two Months as Dollar Jumps | B
Offbeat
California fires force more evacuations amid record heat and lightning strikes | C
Palantir headquarters moves from Silicon Valley to Colorado | C