July 27 (Thursday)
Latest Morning Briefing Executive Summary: Industrials, Tech & Identifying Humans
US government incentives offered to entice manufacturers to set up shop in the USA have hit their mark: Manufacturers in huge numbers, domestic and foreign, have been revamping their supply chains to relocate their production facilities to the US. It’s not always easy, as Jackie explains. But the boost to US economic activity is quantifiable and growing. … Also: AI is here, but all the ways it may disrupt markets are still unknown; will it dislodge the leaders in search and office software, Alphabet and Microsoft? … And: The dilemma of how to tell whether online content was human- or AI-generated has a solution, says one father of AI, involving eyeballs, orbs, and Worldcoin.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on July 24.
Energy
Coal consumption hit an all-time high in 2022, IEA says | C
Column: China hugely boosts crude stockpiling on cheap Russian oil | R
Insight: Obscure traders ship half Russia’s oil exports to India, China after sanctions | R
Oil giant Shell posts sharp drop in profit on weaker commodity prices | C
Central banks
Federal Reserve raises interest rates by a quarter point: Live updates | Vox
What Fed Hikes? Much of America’s Consumer Debt Is Still Riding Ultralow Rates | W
ECB rate decision July 2023: raises rates by 25 basis points | C
US
The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data. | W
The real scoop on Bidenomics: Corruption, tax evasion and Hunter | P
Seller Financing: Bargaining Chip or Big-Time Risk? | W
Europe
Column: Can Spain & Portugal solve Europe’s industrial power cost crisis? | R
Extreme heat: Soaring temperatures bring misery to daily life in Spain | C
Geopolitics & trade
Russian Attack on U.S. Drone Spurs Fears of Escalation Over Syria | W
Putin promises African leaders free grain despite ‘hypocritical’ Western sanctions | R
Vivek Wadhwa: ‘By working together, the U.S. and India can defeat cancer within 20 years’ | Fortune
Industries & companies
Airlines: Sweltering Planes. Baking Runways. How This Heat Is Testing Summer Travel. | W
Autos: Western car makers look to slash EV costs to fight Chinese ‘invasion’ | R
Media: Mark Zuckerberg Could Be Held in Contempt of Congress: What to Know | W
Media: Past Twitter lieutenant Esther Crawford defends, criticizes Musk | C
Tech: EU opens antitrust probe into Microsoft bundling of Teams app | C
Tech: Opinion | Lindsey Graham and Elizabeth Warren: We Must Regulate Big Tech | N
Technology
The First Smart Gun Is Finally Coming to Market. Will Anyone Buy It? | W
