What We're Reading

U.S. stocks are rising after their greatest decline in months, Congress is voting on a “skinny” version of a stimulus bill, and LVMH’s agreement to buy Tiffany’s at $16 billion is falling apart.

Copper’s new high, Tesla’s new equity offering, flatlining U.S. construction spending, credit card issuers’ tough choice ahead – and more.

U.S. consumer spending is slowing, Prime Minister Abe resigning, market vol increasing, mega corps like Coca Cola shedding thousands of jobs, and the Paycheck Protection Program riddled with fraud

TikTok sues the U.S. government, President Trump announced expanded access to convalescent plasma as a COVID-19 treatment, and what’s contributing to the soaring lumber futures prices.

Bad news from the IRS, textbook publishers’ woes, and Johnson & Johnson’s big bond sale.

U.S. retail spending rising above pre-pandemic levels, Rent the Runway closing physical locations, and more.

Trump is now targeting both WeChat and TikTok, the US jobs report for July is out, and the Fed’s Main Street was labeled as a “failure.”

Microsoft eyeing TikTok’s global business, US initial jobless claims falling, and the slow crawl toward a new fiscal coronavirus support bill.

Here are today’s biggest headlines, including updates on the Fed’s extension of its lending programs, Kodak’s $765M loan, and Boaz Weinstein’s really, really, really good year.

Whether remote work will continue to be favored, CDC issues a statement on reopening schools, and Trump cancelling the Republican convention in Florida.