wiar 07-30-20

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Jul 30 (Thursday)

Morning Briefing PDF
Daily Markets

Stock market today: Dow rises more than 100 points after Fed keeps rates unchanged, tech leads | C
U.S. Stocks Climb As Fed Reiterates Support | W

Central banks
Fed decision: Interest rates held steady, economic growth is ‘well below’ pre-pandemic level | C
Fed chief says coronavirus surge slowing U.S. economic recovery | R

U.S. renters owe $21.5 billion in back rent; Republicans offer no eviction relief | R
In play for suburban votes, Trump rescinds Obama-era fair housing rule | R
U.S., Oregon agree to phase out federal agents from Portland | R

US policies & politics
Coronavirus stimulus updates: GOP and Democrats negotiate relief bill | C
Republicans Say $600 Unemployment Benefits Discourage People From Working. Economists Disagree. | W
Unemployment wouldn’t replace 70% of wages for many under HEALS Act | C
House passes over $60 billion bailout for child care industry | C
Democrats Reject Trump’s Push for Short-Term Coronavirus Aid Deal | W
Biden allies move to stop Kamala Harris from becoming vice president | C

Industries & companies
Airlines: Boeing Plans Deeper Job, Production Cuts | W
Industrials: GE Hit by Steep Decline in Jet-Engine Business | W
Media: Theaters About to Get More Hooked on Blockbusters | W
Pharma: Investors, Don’t Look Away From This Kodak Moment | W
Shipping: Coronavirus Shifts Pricing Power to UPS and FedEx, and They Are Using It | W
Tech: Tech CEOs testify before House Antitrust Subcommittee: Recap | C
Tech: Qualcomm Inks Licensing Deal With Huawei Despite U.S.-China Tensions | W
Tech: Shopify’s Revenue Nearly Doubles as Covid-19 Pushes Shopping Online | W

US coronavirus: Nation could see deaths in the ‘multiple hundreds of thousands,’ group says | NN
Trump says U.S. is sending Texas 500 cases of remdesivir as coronavirus deaths hit record | C
FDA Nears Decision Authorizing Covid-19 Treatment With Convalescent Plasma | W
Quest says FDA cleared new ‘lab method’ that will cut coronavirus testing delays | C
Russia Seeks to Register First Covid-19 Vaccine in August | W

China Hacked Vatican Ahead of Negotiations, U.S. Cybersecurity Firm Says | W

‘Brushers’ Come Into Focus as Officials Test Packages of Mysterious Seeds | W