September 03 (Friday)

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 rises to a record after better-than-expected jobless claims, Dow climbs 100 points | C
Speak No Evil of the S&P 500’s Neverending Records | W
Nasdaq ekes out record finish as Wall St ends higher | R

US
U.S. labor market powers ahead as weekly jobless claims fall, layoffs hit 24-year low | R
U.S. Unemployment Claims Fall to 340,000, Remaining at Pandemic Low | W
Unemployment Benefits to Millions Are About to End | N
Here’s why experts believe the U.S. is in a housing boom and not a bubble | C
Supply chain delays, shortages, and delivery issues are here to stay. | Vox
Democrats Face Tricky Deadlines on Debt Ceiling, Government Shutdown | W

Industries & companies
Autos: Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry | C
Autos: Ford and GM Scale Back Production Amid Chip Shortage | W
Consumer staples: Grocers Prepare for Possible Snack Shortages as Mondelez Workers Strike | W
Media: Apple to Allow Media Apps to Link to Own Websites for Payment Options | W
Retail: Walmart hikes hourly pay by $1 for more than 550,000 workers ahead of the holidays | C
Tech: Spotify, Netflix and Match Group shares rise after Apple relaxes App Store rules | C

Corporate finance
SPAC Rout Erases $75 Billion in Startup Value | W

Virus
FDA Weighing Dose of Moderna Covid-19 Booster | W

Climate
Deadly flash floods show how vulnerable New York’s infrastructure is to climate change | C
Ida’s record rain floods New York-area homes, subways; 21 dead | R