wiar 08-02-18

Mary FanslauWhat I Am Reading

August 02 (Thursday)

YRI
When Volatility Knocks (FA)
How Companies Are Making Customers Pay for Trump’s Trade War (N)
Daily Markets Overview

Markets
Dow Jones Industrial Average Falls on Tariff Concerns (W)
Goldman Says Bad Forecasts Are Behind Earnings-Day Stock Tremors (B)
Treasury Yield Tops 3% Again (W)
Credit Markets Boom as Risk Appetite Keeps Trade Fear at Bay (B)
Fidelity Cuts Fees to Zero on Two New Index Funds (W)
OPEC Oil Production Climbs as Saudi Arabia Pumps Near Record (B)

Trade
U.S. Plans to Unveil 25% Tariffs on Chinese Imports (W)
China says U.S. tariff pressure won’t work, will retaliate: Reuters (MW)

Central banks
Federal Reserve Holds Rates Steady, Says Economy Is Strong (W)

US
The End of the Global Housing Boom (B)

Japan
Japan’s Women and Seniors Keep a Lid on Wages (W)

US politics
Trump Puts Pressure on Sessions to End Russia Probe ‘Now’ (W)
Senate Republicans Block $250 Million Election Security Measure (W)

Industries & companies
Autos: Auto Sales Shrivel Amid First Cut in U.S. Discounts Since 2013 (B)
Autos: Tesla Tempers Cash Burn as Musk’s Model 3 Gains Steam (B)
FANGs: Amazon plans to move completely off Oracle software by early 2020 (C)
FANGs: Apple $1 trillion? Here’s the plunge that followed the first company to get there (MW)
FANGs: Facebook and Instagram want to help you stop using them so much (MW)
Financials: Wells Fargo Reaches $2.09 Billion Settlement Over Mortgage-Backed Securities (W)

Offbeat
Local Resistance Builds to Google’s ‘Smart City’ in Toronto (W)
Was this inevitable? People spend most of their waking hours staring at screens (MW)