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• ☕️What Else is Brewing Friday Morning
  The Fulton County Sheriff’s Office is investigating threats made on social media against the ...
  The Fulton County Sheriff’s Office is investigating threats made on social media against the grand jurors who voted to indict former President Trump and 18 others on Monday.
  
  Hurricane Hilary is intensifying into a major storm and is expected to drench California, Nevada, and Arizona with dangerous flooding this weekend into next week.
  
  Childcare costs are growing at nearly double the rate of inflation, the WSJ reports.
  
  Residents of Yellowknife, one of the largest cities in Canada’s northern region, are being evacuated as a wildfire advances.
  
  The International Chess Federation made the controversial move to temporarily ban trans women from participating in women’s events in order to study the issue for the next two years.
  
  Ford’s CEO threw some shade on Tesla in an interview with Tech Brew.
  
  
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• Stock Market Outlook for Friday
  S&P futures vs fair value: -30.00. Nasdaq futures vs fair...
  S&P futures vs fair value: -30.00. Nasdaq futures vs fair value: -134.00. Separately, oil prices slipped back below $80.00/bbl, down 1.0% to $79.11/bbl.
  
  The S&P 500 futures are down 30 points and are trading 0.5% below fair value. The Nasdaq 100 futures are down 134 points and are trading 0.9% below fair value. The Dow Jones Industrial Average futures are down 194 points and are trading 0.4% below fair value.
  
  The spiciest action on Wall Street yesterday was in the bond market, where surging Treasury yields sent a clear signal about the US economy: Not only is it not in a recession, it’s downright vibrant. With yields on long-term government debt hitting their highest levels since 2011, investors are placing bets that the Fed will keep interest rates elevated for longer so inflation doesn’t reverse its decline
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• Hurricane Hilary Approaches
  Tropical Storm...
  Tropical Storm Hilary, which formed in the Pacific off the coast of Mexico and is moving northwest, has strengthened into a hurricane and is expected to bring heavy rain and flash flooding to the southwestern US into next week. California, Nevada, and Arizona are forecast to receive 2 to 10 inches of rain, including in drought-stricken areas.
  
  Hurricane Hilary is expected to turn into a Category 4 hurricane today before weakening to a tropical storm over the weekend as it approaches California. Track its trajectory here.
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• China Evergrande just filed for Chapter 15 bankruptcy protection
  The filing from the world's most indebted developer, which had about ...
  The filing from the world's most indebted developer, which had about $340 billion in liabilities by the end of 2022, came amid a real-estate crisis and its spillover impact on the economy in China.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for September delivery...
  Benchmark U.S. crude oil for September delivery rose $1.01 to $80.39 a barrel Thursday. Brent crude for October delivery rose 67 cents to $84.12 a barrel.
  
  Wholesale gasoline for September delivery fell 5 cents to $2.82 a gallon. September heating oil rose 7 cents to $3.09 a gallon. September natural gas rose 3 cents to $2.62 per 1,000 cubic feet.
  
  
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