August 31 (Tuesday)

YRI
Dr. Ed’s latest video podcast dated August 29
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing

Markets
S&P 500, Nasdaq Set Records Again | W
Oil, gasoline prices rise as Ida kicks hurricane season into a higher gear | C

Central banks
Fed’s Mester not ready to accept recent inflation surge as meeting central bank’s goal | R
Cracks Are Emerging in the Fed’s Floor as Key Target Rate Slides | B
Jackson Hole: The Fed’s message is clear — but the explanation isn’t | The Hill

US
Federal unemployment insurance won’t be extended even though Covid-19 cases are rising | Vox
Unemployment: Millions Losing Federal Benefits — Democrats Silent | NR
U.S. pending home sales drop for second straight month in July | R

China
China August factory activity seen growing at slightly slower pace: Reuters poll | R
China says move to curb disorderly expansion of capital has shown initial results- state media | R
China Limits Online Videogames to Three Hours a Week for Young People | W

Geopolitics & trade
Afghan Militants Fire Rockets at Kabul Airport as U.S. Withdrawal Nears End | W
WTO to examine U.S.-China dispute on grain import quotas | R

Industries & companies
Media: Shari Redstone’s ViacomCBS mega-merger a mess | NYP
Pharma: Covid vaccine: CDC panel endorses full approval of Pfizer shot | C
Tech: PayPal is looking to launch a stock-trading platform for customers | C

Climate
Tropical storm Ida leaves more than 1 million without power; one death confirmed | C
Hurricane Ida: Biden pledges a vast federal response for ‘as long as it takes’ | C

Virus
EU Recommends Halting Nonessential Travel From the U.S. Over Covid-19 | W
First, surges in US Covid-19 infections led to shortages of hospital beds and staff. Now it’s oxygen | MSN
Booster shot: CDC scientist says there’s limited data to evaluate Covid shot for general population | C
Kids Head Back to School—and Bring Covid-19’s Mental-Health Scars With Them | W