Be in the know. 15 key reads for Monday…

  1. The Fed’s Jackson Hole Meeting Is Powell’s Big Moment (barrons)
  2. Analysis: Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed (reuters)
  3. Visa and Mastercard Are Under Attack. They Will Do Just Fine. (barrons)
  4. Parents shift to Venmo, PayPal, Zelle to pay teens (foxbusiness)
  5. Will August stock-market stumble turn into a rout? Here’s what to watch, says Fundstrat’s Tom Lee. (marketwatch)
  6. Rates in China Cut Again, but by Less Than Expected (wsj)
  7. Kraft Heinz Sees a $25 Billion Opportunity—in Schools (wsj)
  8. Macau Reclaims Crown From Vegas as World’s Top Gambling Hub (wsj)
  9. After 10 Years of My Ride, Our Writer Reveals What He Drives. Hint: It’s Not a Porsche. (wsj)
  10. China Urges More Loans, Debt Risk Reduction as Woes Compound (bloomberg)
  11. China’s financial regulators urge support for resolving local debt risks (cnbc)
  12. Pessimism about China’s property market overblown, says veteran economist (scmp)
  13. Shanghai vows 2-hour project approvals to woo foreign investments (scmp)
  14. Why a default isn’t the worst possible news for Country Garden (scmp)
  15. Bilibili Reports Q2, Officials Signal More Stimulus, Week in Review (chinalastnight)