Sep 17 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 ends down after late reversal despite Fed’s low-rate stance | R
Some wealthy Americans are already prepping their finances for a Joe Biden presidency — here’s how | MW
Japanese Stocks Will Do Well Under Suga If History Is a Guide | B

Central banks I
Fed decision September 2020: Interest rates unchanged | C
Fed Sets Higher Hurdles for Rate Increase | W
Fed touts economic recovery, vows to keep interest rates low | R
Fed defends ‘pedal to the metal’ policy and is not fearful of asset bubbles ahead | R

Central banks II
Parsing the Fed: How the September Statement Changed from July | W
Powell Says Fed Working on Changes to Main Street Program | B
Fed picks its side in inflation debate and sends market a message — no rate hikes for years | C
Why Is The Fed Trying To Create Inflation? – Steve Forbes

US
Why Unemployment Claims May Be Overcounted by Millions | N
Americans Keep Spending, but Growth of Retail Sales Slows | N
Fading fiscal stimulus restraining U.S. consumer spending | R

US politics
Coronavirus stimulus update: Trump suggests he could back bigger relief bill | C
Coronavirus stimulus: House Republicans try to force PPP small business vote | C
Joe Biden hammers Trump on health care and coronavirus | C

Japan
Yoshihide Suga Becomes Japanese Prime Minister as Abe Era Ends | W

Geopolitics & trade
Oracle Will Review TikTok Source Code to Watch for Chinese Access | W
Trump says ‘not prepared to sign off’ for Oracle-TikTok deal

Industries & companies
Airlines: Airlines, labor unions again push for another $25 billion in coronavirus aid as more than 30,000 job cuts loom | C
FAANGs: iOS 14 Review: Your iPhone Will Look Completely Different Now, if You Want | W
Retail: U.S. Retail Spending Grew at Slower Pace in August | W

Cybersecurity & technology
U.S. Charges Chinese Nationals in Cyberattacks on More Than 100 Companies | W
U.S. charges seven in wide-ranging Chinese hacking effort | R
How coronavirus could usher in a new age of automation | C

Virus
Coronavirus: CDC says U.S. should have enough vaccine to return to ‘regular life’ by third quarter of 2021 | C
Trump says U.S. could start distributing a coronavirus vaccine in October, contradicting CDC’s timeline | C
Trump contradicts CDC director on vaccines: ‘he was confused’ | R
Covid-19 Antibody Drug Shown to Reduce Hospitalizations, Eli Lilly Says | W
CDC is developing new coronavirus testing guidance for screening at schools, businesses | C

Offbeat
Business Shifts From Resistance to Action on Climate | W