Be in the know. 16 key reads for Thursday…

  1. Alibaba, Tencent Cast Wide Net for AI Upstarts (wsj)
  2. Fed policymakers see job market key to rate-cut decision (reuters)
  3. July home sales break a four-month losing streak as supply rises nearly 20% over last year (cnbc)
  4. Disney puts Morgan Stanley’s James Gorman in charge of finding Bob Iger’s successor (nypost)
  5. S. Added 818,000 Fewer Jobs Than Reported Earlier (nytimes)
  6. Fed Minutes Show a Cut ‘Likely’ to Come in September (nytimes)
  7. Summer spending boom showcases China’s service consumption potential (cn)
  8. The Fed is taking on risk they don’t have to take, says Wharton’s Jeremy Siegel (cnbc)
  9. The key to a soft landing is the Fed getting off data dependence, says Fundstrat’s Tom Lee (cnbc)
  10. com: No. of Overseas Payment Buyers Mount 30%+ YoY in 1H (aastocks)
  11. China names healthcare, education, tech as likely venues for more foreign investment (scmp)
  12. Major retail stores are cutting prices to entice customers as inflation soars (foxbusiness)
  13. Why China Is Battling Its Own Government Bond Market (barrons)
  14. Advance Auto Stock Skids. Earnings Miss Overshadows $1.5 Billion Sale of Worldpac. (barrons)
  15. Discount-Hungry Shoppers Propel Sales Gains for Target, T.J. Maxx (wsj)
  16. McDonald’s to Invest $1.30 Billion in U.K., Ireland Over Next 4 Years (wsj)