Feb 06 (Saturday)
YRI
YRI Podcast. In our latest video podcast, Dr. Ed discusses the main points of today’s Morning Briefing.
Daily Markets Overview
Today’s Morning Briefing
Markets
S&P 500 rises to another record Friday, rallies 4.7% in best week since November | C
GameStop mania may not have been retail trader rebellion, data shows | C
Robinhood’s Reckoning: Can It Survive the GameStop Bubble? | W
Central banks
Fed Chair Powell and Mnuchin collaboration cooled in December | R
Global
Supply chain costs are mounting in all sorts of ways | FT
US
U.S. Employers Added 49,000 Jobs in January | W
Even with unprecedented gains, the jobs market is still struggling to get back to normal | C
The Jobs Crisis Is Broader Than It Seemed | N
Long-term unemployment is rising toward a Great Recession record | C
America’s unequal jobs recovery in 7 charts | Vox
‘Lost generation of unemployed’: Covid hits careers of over-50s | Covid jobs crisis | The Guardian
US politics
Biden wants stimulus checks to be $1,400. How they could be targeted | C
Joe Biden’s $1.9 trillion stimulus package is as much about political optics as economic necessity | WP
Feb. 16 is the next big day for Biden’s economic plan | MW
Biden’s Minimum-Wage Proposal: When Would It Reach $15 an Hour? | W
President Biden pledges to fix racial wealth gap. Here are his plans | C
What’s next for gig work? Biden administration could bring significant changes | MW
U.S. senators propose limiting liability shield for social media platforms | R
Romney’s Child Allowance Would Upend Welfare | B
Geopolitics & trade
China’s SMIC Says It’s Missing Out on the Chip Boom Due to U.S. Restrictions | W
Russia expels EU diplomats, ignores bloc’s call to free Navalny | R
Industries & companies
Autos: Kia Seeks Partners to Build Apple Car in Georgia | W
Consumer discretionary: Amazon’s U.S. Tax Costs Jumped in 2020. It Likely Would Pay Even More Under Biden Plan. | W
Financials: Venmo’s Debt-Collection Practices Probed by CFPB | W
Virus
Covid-19 Vaccine Shortage Sparks Fights Over Who Should Get First Shots | W
Countdown to ‘catastrophe:’ Inside Europe’s fight for COVID shots | R
AstraZeneca Covid-19 Vaccine Effective Against U.K. Variant in Trial | W
Remote work & school
Employees working from home are putting in longer hours than before the pandemic | NN
Chicago Teachers Union reports deadlock in talks to reopen schools during pandemic | R
Corporate finance
Led by ‘Mr. SPAC,’ Credit Suisse Cashes In on Blank-Check Spree | W
Former Trump officials Wilbur Ross and Larry Kudlow form SPAC
