Sep 22 (Tuesday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Stocks Close Sharply Lower; Dow Drops More Than 500 Points | W
Wall Street ends lower on lockdown fears, likely delay of stimulus | R
Commodity Prices Retreat, Hurt by Dollar’s Advance | W
Central banks
Fed’s Powell says central bank committed to using all tools to help recovery | R
Fed’s Powell Says U.S. Economy Faces Long, Uncertain Recovery | B
Fed’s new zero-rate vow has Kaplan worried on market excesses | R
Fed Moves to Overhaul Lending Rules for Poorer Communities | W
US
CBO Downgrades Long-Term Projections of Economic Growth | W
Supreme Court fight after Ginsburg’s death could impact economy | R
U.S. Household Net Worth Hits Highest Level Ever | W
Government aid, stock gains push U.S. wealth to pre-pandemic levels, Fed says | R
Americans Want Homes, but There Have Rarely Been Fewer for Sale | W
Landlords making less than $50,000 a year hit hardest by rent loss
Europe
Italians Vote to Reduce Number of Lawmakers by a Third | W
US politics I
Trump Zeroes In on Coney Barrett as Likely Supreme Court Pick | B
Trump says he will name Supreme Court replacement for Ginsburg by Saturday | R
Supreme Court: McConnell says more than enough time to confirm Trump nominee | C
Government shutdown: Democrats unveil bill to fund government | C
US politics II
Biden’s capital gains tax hike could spark a big sell-off in stocks | C
Tax Strategies to Embrace, or Avoid, Before the November Election | N
Trump Attorney General Barr Says New York, Seattle and Portland Are Anarchies | B
Geopolitics & trade
Chinese Leaders Split Over Releasing Blacklist of U.S. Companies | W
Industries & companies
Airlines: American Airlines plans pilot training on Boeing 737 Max in November | C
Autos: Volkswagen in Talks to Sell Bugatti Brand to Croatian Upstart | W
Financials: HSBC Stock Hits 25-Year Low | W
Financials: A Monday plunge for banks stocks raises a grim question–another Fed bailout? | MW
Tech: Nikola Taps Outside Supplier to Provide Batteries in Contrast With Earlier Company Statements | W
Wireless: Pentagon Opens Door to 5G Network Shared With Civilian Cellphones | W
Wireless: AT&T exec: iPhone may not be ‘massive event’ for 5G adoption | C
Virus
Medicare Wouldn’t Cover Costs of Administering Coronavirus Vaccine Approved Under Emergency-Use Authorization | W
Exclusive: Study suggests dengue may provide some immunity against COVID-19 | R
CDC says it erroneously posted guidance that said coronavirus spreads through air and travels beyond 6 feet | C
Temperature Isn’t a Good Litmus Test for Coronavirus, Doctors Say | W
Corporate finance
Microsoft to Buy Doom Owner in $7.5 Billion Videogames Deal | W
TikTok and Oracle Spar Over Ownership, Threatening Deal | W
Offbeat
Cuomo and de Blasio sure seem bent on pushing you to flee New York | P
Netflix movie ‘The Social Dilemma’ slams social media: Review | C
With remote work options, people opt to relocate before retirement | C
As School Begins, Mothers Working Retail Jobs Feel Extra Burden | N
