Tuesday, October 6, 2020

Wednesday's News Links

[Reuters] Stocks bounce after worst session for S&P 500, Dow in two weeks

[Reuters] Oil prices slide as Trump cancels aid talks, U.S. crude stocks expand

[CNBC] Trump reverses course on coronavirus relief talks, dangles new $1,200 stimulus checks

[CNBC] Trump’s ‘illogical’ move to end stimulus talks baffles Wall Street and Washington

[CNBC] Coronavirus live updates: Study shows billionaire wealth surged; major European economies downgrade forecasts

[CNBC] Mortgage rates set another record low, sparking new strength in refinances

[Yahoo] America’s youngest consumers are hunkering down

[Reuters] Billionaire wealth reaches new high during COVID-19 pandemic - UBS

[Yahoo/Bloomberg] It’s Spain, Not Italy, That Has European Investors Worried

[Reuters] BOJ Kuroda warns climate change among biggest challenges facing global economy

[CNBC] Asia’s largest junk bonds are riskier than ever — and Chinese property developers may be feeling the heat

[Reuters] September was world's hottest on record, EU climate change service says

[Reuters] Iran fears regional war as fighting rages around Nagorno-Karabakh

[Bloomberg] Hedge Funds Bet Big Against Evergrande a Day Before Stock Soared

[WSJ] Trump Sends Mixed Messages Over Covid-19 Stimulus

[WSJ] San Francisco Office Rents Tumble and Show No Sign of Bottoming

[FT] From AI to facial recognition: how China is setting the rules in new tech

[FT] Billionaire fortunes hit record levels in pandemic

Tuesday Evening Links

[Yahoo/Bloomberg] Asia Stocks to Drop After U.S. Stimulus Talks End: Markets Wrap

[Reuters] Wall Street ends down 1% after Trump calls off coronavirus economic relief talks

[Reuters] U.S. financial markets sour as Trump ends coronavirus relief negotiations

[CNBC] Coronavirus live updates: Trump calls off stimulus negotiations until after election; Pentagon leaders quarantine

[CNBC] House Democrats say Facebook, Amazon, Alphabet, Apple enjoy ‘monopoly power’ and recommend big changes

[Yahoo/Bloomberg] House Democrats Urge Tech Giants’ Breakup in Antitrust Plan

[Reuters] S&P Global sees U.S., European corporate default rates doubling

[Bloomberg] America’s Municipal Governments Fret As Stimulus Talks Collapse

[NYT] House Lawmakers Condemn Big Tech’s ‘Monopoly Power’

Tuesday Afternoon Links

[CNBC] Stocks suddenly drop after Trump calls off stimulus talks, Dow down 300 points 

[Reuters] Trump calls off coronavirus relief talks with Democrats

[CNBC] Trump says he’s calling off stimulus negotiations with Democrats ‘until after the election’

[Reuters] Powell: Coronavirus economy still at risk of downward spiral

[Reuters] Central bankers call for fiscal aid at 'critical' point in pandemic battle

[CNBC] Top military leaders self-quarantining after positive coronavirus test at Pentagon

[Reuters] Kyrgyzstan on edge of chaos after opposition storms government buildings