December 07 (Thursday)
Latest Morning Briefing Executive Summary: Onshoring, Acquisitions & Octopus
Federal incentives promoting the onshoring of manufacturing plants have certainly hit their mark in Arizona and New York. Both states are sprouting new regional semiconductor manufacturing ecosystems, Jackie reports, dramatically boosting local economic development. … Also: Financial firms with investment banking operations report a pickup in M&A, a trend that should only accelerate when the interest-rate environment stabilizes. … And our Disruptive Technologies focus today is on Octopus Energy, a British company with an innovative business model that rewards green electricity consumption.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on December 4.
Markets
Stock Market Today: Dow, S&P 500 Edge Higher; GameStop Stock Up After Earnings | W
The Most Important Debate on Wall Street: Is Inflation Licked? | W
Central banks
Pro Take: Fed Operating Losses Are Piling Up Amid Higher Interest Rates | W
US
US labor market steadily slowing; wholesale inventories revised down | R
Worker Shortage Eases a Little at Small Firms | W
The State Where Unemployment Is Rising the Fastest Is Having Trouble Filling Jobs | W
2023 was least affordable homebuying year: Redfin | C
China
China’s soft crude oil imports show impact of high prices | R
China’s Exports Snap Half-Year Slide | W
Geopolitics & trade
U.S., India Signal Alleged Plot to Kill American Won’t Derail Ties | W
Xi Jinping and EU Officials Seek to Ease Economic Tensions at Beijing Summit | W
Looting, Other Crimes Break Out in Southern Gaza as Israel Presses Assault | W
Industries & companies
Banks: Big Banks Need More Out of Wall Street | W
Consumer: Amazon tests grocery subscription service for Prime members | C
Pharma: Biden administration asserts power to seize drug patents | C
Retail: National Retail Federation walks back key organized retail crime claim | C
Corporate finance
Exxon CEO dismisses worries FTC could hold up Pioneer deal | C
Climate
U.S. gives final nod to Rhode Island’s $1.5 billion offshore wind farm | C
Artificial Intelligence
Google stock up after company announces Gemini AI model | C
