What I Am Reading
Friday, May 7, 2021
Markets
Central banks
US I
- April jobs expected to top 1 million as consumers boost the economyCNBC
- U.S. Unemployment Claims Reach New Covid-19 Pandemic LowWall Street Journal
- Millions Are Unemployed. Why Can’t Companies Find Workers?Wall Street Journal
- South Carolina cuts federal unemployment boost payments as state struggles to fill jobsCNBC
US II
- Biden's Economic Plan Gives Progressives What They WantThe Atlantic
- Biden open to 25% corporate tax rate as part of an infrastructure bill compromiseCNBC
- Farm-District Democrats Raise Caution Flag on Capital-Gains Tax PlanWall Street Journal
- Texas Lawmakers to Vote on Election Bill as Florida Governor Signs Its Own Into LawWall Street Journal
US III
- Just About Everything Costs More at American Grocery StoresBloomberg
- Chicken Shortage Sends Prices Soaring, and Restaurants Can’t Keep UpWall Street Journal
- Opinion: America is going through a baby bust, and we all might feel it in our walletsMarketWatch
- Cuomo privately calls on business leaders to stay in New York and lobby to remove cap on SALT deductionsCNBC
Industries & companies
- Cruise Lines:Norwegian Cruise Line CEO says U.S. ships are unlikely to sail this summer, calls CDC guidance ‘unfair’CNBC
- Fitness:Peloton reports sales up 141% as cycle demand remains strong, says it’s working to quickly fix treadmillsCNBC
- Fitness:Peloton says treadmill recall will lower fourth-quarter sales by $165 millionCNBC
- Manufacturing:Chinese Manufacturers Sidestep Trade Barriers by Buying Factories OverseasWall Street Journal
- Tech:Chip Shortage 2021: Semiconductors Are Hard to Make and That’s Part of the ProblemBloomberg
Virus
- India’s Modeling Has Covid Outbreak Peaking in Coming DaysBloomberg
- Covid vaccine makers’ shares seesaw after Biden administration says it will back patent waiversCNBC
- IMF Sees Strong Economic Arguments for Removing Vaccine BarriersBloomberg
- The World Turns to China for Vaccines After India, U.S. StumbleBloomberg
Offbeat
- Trump Is Still Banned on YouTube. Now the Clock Is Ticking.Wall Street Journal
- SEC to Explore Rules for Apps That ‘Gamify’ Trading, New Chairman SaysWall Street Journal