September 13 (Wednesday)

Latest Morning Briefing Executive Summary: AI For All
The day will come when all companies use AI just as all use the Internet today. The efficiency gains will be profound. Jackie discusses the three main skill sets that AI brings to the table and looks at ways that companies in diverse industries have found to leverage AI to their advantage. … Also: Washington lawmakers have been holding forums and hearings to explore how best to regulate AI usage, with industry execs and the Biden administration participating. … And: Technology industries that are heavily exposed to AI have helped the S&P 500 Tech sector outperform all but one other sector so far this year.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on September 11.

Markets
U.S. Treasury yields: investors await key inflation data | C
Hedge Funds’ Big Bet Against Treasurys Isn’t What You Think | W
Saudi Oil Cuts Set to Keep Gasoline Prices Higher | W

US I
US consumer prices accelerate in August on gasoline | R
U.S. Inflation Accelerated in August as Gasoline Prices Jumped | W
CPI report August 2023: Inflation rose 0.3% | C
Tax Cuts Are Here to Stay—and So Are Exploding Budget Deficits | W
Opinion | What Biden Can Learn from Roosevelt’s ‘New Deal’ | N

US II
The government wants to see if giving people cash for rent works better than vouchers | Vox
Mortgage demand stalls at a level not seen since 1996 | C
A 3% Mortgage Rate in a 7% World? This Startup Says It Can Do That | W

Europe
Nuclear gets a boost from Europe’s new green energy targets | R

China
Peak China gloom or geopolitical quagmire? | R

India
India’s Kerala shuts schools and offices to curb deadly Nipah virus | R
 
Geopolitics & trade
Kim Jong Un and Vladimir Putin Meet at Russia’s Main Spaceport | W
China says it has not banned purchase, use of foreign phone brands | R
China’s Electric-Vehicle Makers Face EU Antisubsidy Probe | W

Industries & companies
Airlines: American Airlines, Spirit cut summer profit forecast on costs | C
Autos: UAW may implement targeted strikes if no deals reached with automakers | C
Banks: Citigroup CEO Jane Fraser reorganizes business | C
Energy: Nukes Are Back, but Uranium Is in Short Supply | W
Pharma: Moderna flu vaccine shows promising phase three trial results | C
Retail: Organized shoplifting is a $100-billion problem. | FO

Corporate finance
Arm IPO: What to Know About the Circuit Designer and Its Market Debut | W