Aug 31 (Monday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Revamped Dow’s Gap With S&P 500 Is Set to Widen | W
Market posts one of the strongest July-August rallies in history as hazard after hazard melts away | C
Expected Surge of CLO Downgrades Slow to Arrive | W
Why Gas Prices Will Remain Steady for the Rest of Summer | BR
Central banks
A Flexible Fed Means Higher Inflation | W
The Fed Unveils Its Everything-Old-Is-New-Again Monetary Policy | BR
Ron Insana: What it means for markets now that the Fed has given up on the Phillips Curve | C
Reflation Trades Face Reality Check With Fed’s New Goal in Doubt | B
US
U.S. Jobless Rate Set to Return to Single Digits: Eco Week Ahead | B
If Consumer Confidence Is So Low, Why Is Spending Rising During the Pandemic? | B
Cities and States Are Facing a $1 Trillion Budget Mess | BR
It’s Time to Narrow the Income Gap. Future Prosperity Depends On It. | BR
California Moves to Consider Reparations for Slavery | B
New York City’s Offices Are Empty. How to Gamble on a Recovery. | BR
China
China’s Mega Banks Post Worst Profit Slump on Bad Debt Wave | B
Matronymics – More Chinese children are being given their mother’s surname | China | E
Japan
After Abe – Who will replace Abe Shinzo after his resignation owing to illness? | Asia | E
Abe Defied Expectations to Build a Better Japan
US politics
IRS rules on Trump’s payroll tax cut put firms on the hook for taxes | C
U.S. Intelligence Office to Stop Briefing Congress on Election Security | W
Top U.S. general says no role for military in presidential vote | C
Trump Unleashes Twitter Storm After Portland Protest Death | B
Geopolitics & trade
China Tightens Tech Export Rules Amid TikTok Talks | W
TikTok, ByteDance Latest News: China Must Approve Any Sale | B
Hong Kong health workers, activists urge boycott of mass testing | R
What Putin fears – Russians and Belarusians are tired of backwards-looking autocrats | Leaders | E
Self-strangulation – As natural disasters strike, North Korea cuts itself off | Asia | E
Un-American activities – How Hollywood should deal with Chinese censors | Leaders | E
Industries & companies
Airlines: Covid and Travel: American Airlines Drops 15 Cities and Cuts Capacity 55% | B
FAANGs: Apple’s Bet on a Cashless Future Could Pay Big Dividends for Investors, Analyst Says | BR
FAANGs: Amazon Isn’t Synonymous With Luxury. That May Be Changing. | BR
Financials: Coronavirus Has Left Banks With Lots of Cash and Little to Do With It | W
Media: How Will the NFL Season Be Affected by the Coronavirus Pandemic? | W
Real estate: The Coronavirus Real Estate Market Is on Fire. Two Stocks That Could Benefit Now. | BR
Restaurants: Starbucks Is Well Positioned for a Postpandemic World | BR
Retail: Coronavirus: Retailers report record online sales during pandemic
Retail: Airport Shopping Has Been on a Tear for Years. Now What? | W
Retail: Coupon-Clipping Fades Into History as Covid-19 Accelerates Digital Shift | W
Tech: Salesforce Rises After It Joins the Dow. But Earnings Drive the Stock Even More. | BR
Tech: These Global Tech Companies Can Go the Distance | BR
Corporate finance
Activists May Focus on Energy and Health Care Next Year | BR
Demand for Online Doctors Forges $39 Billion Sony-Backed Titan | B
KKR Nearing Deal to Sell Epicor to CD&R-Led Group | W
Technology
Robot Boats Leave Autonomous Cars in Their Wake | W
Future of Cleaning Oil Spills Looks to Robots, Wood Chips and Sponges | W
Space Force boldly goes to Silicon Valley to get a Star Trek-flavored software boost | C
Magna Builds Its Electric Future by Making Cars for Start-Ups That Can’t | BR
Virus I
Covid-19 Cases Top 25 Million World-Wide | W
U.S. coronavirus cases approach 6 million as Midwest, schools face outbreaks | R
A Covid-19 Vaccine Is Coming and Investors Are Betting Big. Brace Yourself. | BR
FDA commissioner says willing to fast-track COVID-19 vaccine: FT | R
Companies Rush to Shore Up Covid-19 Testing Ahead of Flu Season | W
When Retirement Comes Too Early | N
Virus II
U.S. Colleges: What to Do With Students and Coronavirus on Campus? | B
Covid-19 in schools – Other countries show that schools need not be pandemic hotspots | United States | E
Back to school – Disrupted schooling will deepen inequality for American students | United States | E
Offbeat
Natural disasters – Why California is experiencing its worst fires on record | United States | E
The memory hole – The rising prevalence of dementia is a global emergency | Leaders | E
