Dec 30 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Stocks slip after hitting fresh record highs, Dow down nearly 100 points | C
Wall St slips from record levels, additional stimulus uncertain | R
Treasury Market’s Inflation Gauge Nears 2%, Highest Since 2018 | B

Central banks
Fed extends Main Street loan program as last-minute applications surge | R
How the 2020 QE Boom Might Trip Up Central Bankers | W
In pandemic, Fed showed its muscle in markets still matters | R

US
U.S. home prices rise at fastest pace in more than 6 years | C
Unemployed Americans likely won’t see a gap in unemployment benefits | C
Pandemic Reshapes U.S. Employment, Speeding Changes Across Industries | W
Covid Vaccine Gives Small Businesses Enough Hope to Go Bankrupt | B
Small mom-and-pop businesses that took PPP loans may face a tax bomb | C

US politics
Covid stimulus update: McConnell blocks Schumer bid to pass $2,000 checks | C
If stimulus checks are raised to $2,000, here’s how that may work | C
GOP pollster Luntz: Trump $2,000 stimulus check demand is nightmare for Republicans | C
In calculating future stimulus checks, Congress should look to 2020 tax returns | TheHill

Europe
EU governments approve Brexit trade deal – German EU presidency | R

China
China Eyes Shrinking Jack Ma’s Business Empire | W
4 crucial trends involving China that investors risk getting wrong | MW

Industries & companies
Airlines: Boeing 737 Max passenger flights resume in U.S. after nearly two-year ban | C
Airlines: American Airlines sees capacity cuts through February as Covid cases rise | C
Communication services: Inside the Google-Facebook Ad Deal at the Heart of a Price-Fixing Lawsuit | W
Health Care: Wealthy hospitals rake in U.S. disaster aid for COVID-19 costs | R
Health Care: Health-Costs Transparency Rule for Hospitals Upheld on Appeal | W
Retail: What 2020 Was Like for People in the Retail Industry | N

Virus I
Covid Death Toll to Reach 400,000 Before Trump Departs, CDC Says | B
Covid: U.S. to fall short of goal to vaccinate 20 million by year’s end | C
Treasury Warns Banks of Covid-19 Vaccine Fraud | W

Virus II
The Science Behind How the Coronavirus Affects the Brain | W
WHO says coronavirus pandemic is ‘not the big one’ the world needs to brace for | MW
German Town Finds a Blueprint for Lowering Covid-19 Deaths | W

Offbeat
Tech Choices Dictate Teen Friendships During Pandemic | W