Sep 03 (Thursday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Dow Rallies Above 29000; S&P 500, Nasdaq Hit Fresh Records | W
Stock market today: Dow surges 450 points in its best day since mid-July, S&P 500 closes at another record | C
These 74 stocks in the S&P 500 hit all-time records on Wednesday | MW
Central banks
Fed Beige Book Finds Modest Economic Growth | W
Fed Says Economy Showing Progress But Uncertainty Persists | B
Fed’s Mester says central bank won’t let inflation run rampant | R
Weidmann Says ECB Must End Emergency Stimulus When Crisis Over | B
US
U.S. hiring picked up speed in August but still missed estimates, ADP says | WP
Job growth appears stuck in neutral after enhanced unemployment expired, data shows | C
U.S. CBO sees FY20 federal budget deficit of $3.3 trillion amid coronavirus spending | R
Inflation Is Higher Than the Numbers Say | N
How’s the Coronavirus Economy? Great or Awful, Depending on Whom You Ask | W
US policies & politics
CDC move to stop evictions draws heavy criticism from both sides | C
Coronavirus stimulus update: Pelosi, Mnuchin talk about relief bill | C
Biden Campaign Raised More Than $300 Million in August | W
Biden still ahead in the polls, but Trump narrows gap after RNC | C
How Minnesota Became a 2020 Election Battleground | W
Trump encourages North Carolina residents to vote twice to test mail-in system | C
Geopolitics & trade
TikTok Deal Talks Are Snarled Over Fate of App’s Algorithms | W
Industries & companies
Airlines: United Plans to Cut More Than 16,000 Staff | W
Autos: Ford Looks to Trim 1,400 Salaried Employees in U.S. Through Buyouts | W
Media: Advertisers Seek Right to Cancel TV Spending as Pandemic Roils Fall Season | W
Media: Cable, Satellite Operators Place New Bets on 5G Airwaves | W
Railroads: U.S. passenger railroad Amtrak to furlough 2,000 workers | R
Retail: Macy’s Posts $431 Million Loss as Stores Continue Recovery | W
Retail: CEO of Calvin Klein owner: Retail hinges more on halting virus than stimulus | C
Tech: Zoom shares drop following Tuesday’s 40% surge | C
Virus I
U.S. CDC tells states to prep for COVID-19 vaccine distribution as soon as late October | R
Here’s what to know about Abbott’s 15-minute COVID-19 test | MW
The coronavirus may remain in the body for a month or more — but does that mean you’re still contagious? | MW
Virus II
White House to Target Hospitals for Uneven Covid-19 Data Reporting | W
Fauci: U.S. coronavirus cases ‘unacceptably high’ going into Labor Day | C
A Texas School Reopens and Everyone Holds Their Breath | W
Corporate finance
SoftBank Vision Fund 2 leads $100 million investment in Biofourmis | C
Offbeat
Would basic income be better than additional unemployment benefits? | TheHill
Robinhood Faces SEC Probe for Not Disclosing Deals With High-Speed Traders | W
Putin Critic Alexei Navalny Poisoned With Novichok, Berlin Says | W
The 1918 Pandemic Was Deadlier, but College Football Continued. Here’s Why. | W
