August 27 (Friday)

YRI
Dr. Ed’s latest video podcast dated August 21
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing
 
Markets
Stocks Close Lower After S&P 500, Nasdaq Records | W

Central banks
Fed Conference Agenda Points to Policy Challenges in ‘Uneven Economy’ | W
Fed hawks circle before Powell speech as they push for bond taper | R
Fed’s Kaplan is worried about inflation and risk-taking, and wants to announce taper in September | C
How Should the Fed Deal With Climate Change? | N

US
U.S. corporate profits soar in second quarter; economic growth raised | R
Runaway U.S. home price rises to slow, but affordability to worsen | R
U.S. Jobless Claims Rise but Hold Near Pandemic Low | W
After Years of Failure, California Lawmakers Pave the Way for More Housing | N
Why Is the Supply Chain Still So Snarled? We Explain, With a Hot Tub | W

China
Chinese Property Giant Warns of Losses After Cutting Apartment Prices | W

Geopolitics & trade
Biden vows to complete Afghanistan evacuation, hunt down ISIS leaders after Kabul attack | C

Industries & companies
Autos: U.S. August auto sales to fall as supply constraints continue – J.D. Power, LMC Automotive | R
Tech: World’s Largest Chip Maker to Raise Prices, Threatening Costlier Electronics | W
Tech: HP, Dell See Swelling Backlogs Amid Hot Demand And Supply Shortages | W

Corporate finance
Politico Is Sold to Axel Springer for More Than $1 Billion | N

Cybersecurity
T-Mobile Hacker Who Stole Data on 50 Million Customers: ‘Their Security Is Awful’ | W

Virus
U.S. Covid cases show signs of slowing, even as fatalities surge again | C
Covid — not vaccinations — presents biggest blood clot risk, large study finds | C
Delta’s Extra $200 Insurance Fee Shows Vaccine Dilemma for Employers | N
Battle Over Covid-19 School Mask Rules Plays Out in Florida Court | W