Sep 01 (Tuesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Stock market today: Dow closes more than 200 points lower but still notches best August since 1984 | C
September has the worst track record for stocks but any pullback could be swift as investors watch the election | C
U.S. Stocks Post Biggest Monthly Gain Since April | W
Nasdaq ends higher while S&P 500 posts biggest August gain since 1986 | R
Central banks
The Fed Lays Out New Goals, but Its Tools Could Be Lacking | W
Framework complete, Fed faces election year call on next steps | R
Fed’s Clarida Leaves Door Open to Yield Caps in New Strategy | B
Top Fed Official Says New Framework Provides More Humble Approach to Setting Rates | W
Minneapolis Fed President Neel Kashkari on the Challenges for Monetary Policy | B
US
Wage growth is false signal on state of labor market, Fed’s Daly says | R
Fed Study Shows Low-Income Pandemic Job Losses Skew Wage Growth | B
CARES Act: How To Spend Money with Student Loans Deferred | C
Europe
Germany Expects 2020 Contraction Won’t Be as Deep as Feared | B
In France, the Young Lose Their Jobs to Coronavirus | W
Asia
Indian Economy Shrank Record 23.9% Last Quarter | W
China’s Big Banks Report Profit Drops | W
China’s Exports Are Surging Despite Tariffs and Coronavirus | N
Shinzo Abe’s Unfinished Revolution Hangs in the Balance | W
‘Abenomics’ May Stay, but Japan’s Economic Overhaul Is Incomplete | N
US policies & politics
Will Congress make a significant move on housing affordability? | TheHill
Biden condemns Kenosha violence and rebuts Trump’s ‘law and order’ message | C
Coronavirus: House panel opens probe of White House trade advisor Navarro after cancellation of ventilator contract | C
Industries & companies
Airlines: Delta Air, American drop domestic change fees, following move by United | C
Consumer: Nestlé Moves Further Into Health, Buying Peanut-Allergy Treatment Maker | W
FAANGs: Amazon Prime Air drone delivery fleet gets FAA approval | C
Health Care: Proposal Would Speed Up Approval of ‘Breakthrough’ Devices to Medicare Patients | W
Tech: Zoom (ZM) earnings Q2 2021 | C
Virus
Coronavirus cases are on the rise again across more than half of the U.S. | C
Covid-19 Vaccines: What’s Coming and When? | W
Scientists see downsides to top COVID-19 vaccines from Russia, China | R
Corporate finance
J.C. Penney sale talks stall, pushing retailer to brink | R
Anthem-Cigna Fight Over Failed Merger Ends in a Draw | W
Wish confidentially files to go public | C
Apple, Tesla stock splits: What five market analysts are watching | C
Technology
Opinion | The Brain Implants That Could Change Humanity | N
