As expected but a little hard to believe considering the situation just a few months ago, the US Senate succeeded in passing a bipartisan $ 1,000 billion infrastructure bill on Tuesday, with 19 Republicans joining the Democrats to approve legislation to rebuild “the country’s deteriorating roads and bridges” and fund “new climate resilience and broadband initiatives” – NYTimes and WSJ and MarketWatch and Law360 and Bloomberg

July’s Consumer Price Index figures are due this morning, meaning inflation will likely be a hot topic soon after. Economists Expect Moderate But Still High Price Rise In The 5.0-5.5% Range – NYTimes and WSJ and Bloomberg and MarketWatch

Not serious. Just an MIT-led startup that could lay the groundwork for fusion energy – the technology “has long been considered one of the most important. . . necessary to combat the effects of climate change, as it could generate an abundance of clean and inexpensive energy â€- NYTimes

We told you that these catches were coming; more, now, on Fed Chairman Powell’s chances of reappointment when his 4-year term expires next February – WSJ

The Upshot examines whether the U.S. productivity boom the pandemic appears to have sparked can survive a post-Covid workplace or whether the extra effort is just not sustainable – NYTimes

Google has announced a series of new measures it will take in an effort to protect teenage users on YouTube and its search engines, “becoming the latest tech giant to adopt tougher standards in the face of criticism that companies do not. not doing enough to protect children â€. online – NYTimes and Bloomberg

Stablecoin creator Tether Holdings this week released information providing the most details to date on the “assets supporting its widely used digital currency, seeking to address regulatory concerns it had previously not sufficiently disclosed on the foundations of money “. Stable coins, like Tether, are designed to “mimic the value of the US dollar” and “pegging to the US dollar is intended to give assurance that a bond is as secure as owning dollars” – WSJ

Meanwhile, bitcoin is back to start the week, up more than 50% from recent lows and prompting speculation on a $ 100,000 load – Bloomberg

GreenLight Biosciences, a developer of mRNA vaccines, builds on the success of mRNA-based Covid vaccines and will merge with a SPAC to go public in a deal that values ​​the company at nearly $ 1.5 billion – WSJ

Hitting a lot of cold war / spy deals with this Times article on “puzzlers” working to reconstruct Stasi’s records of decades of surveillance of its own population – NYTimes

Stay safe and get vaxxed,
MDR