The Week (US)

The bottom line


■■ Digital advertisin­g on platforms such as Google, Facebook, and Alibaba is expected to account for more than half of the $530 billion global advertisin­g industry in 2020, for the first time exceeding spending on traditiona­l media such as television and newspapers. While pure digital ads are projected to dip by 2.4 percent this year, other media expenditur­es will fall by

20.7 percent.

Financial Times

■■ The Federal Reserve identified 794 companies, including Apple, Verizon, Berkshire Hathaway, and Walmart, whose bonds it will be buying as part of a $500 billion effort to support the market for corporate debt.

The Wall Street Journal

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