What I Am Reading
Saturday, May 15, 2021
Markets
- Stocks Rise to End Turbulent Week of TradingWall Street Journal
- Commodities Boost Economic Recoveries, Mirroring Aftermath of Financial CrisisWall Street Journal
US
- U.S. retail sales pause, record savings seen supporting spendingReuters
- U.S. Shoppers Continued Stimulus-Fueled Spending in AprilWall Street Journal
- U.S. import prices increase solidly in AprilReuters
- The U.S. Economy Is Back. Businesses Aren’t Ready.Wall Street Journal
- Less than 3% of U.S. small businesses could face tax hikes under Biden plan -White HouseReuters
- San Francisco tech companies are sitting on record amounts of empty office space and offering perks to lure tenantsCNBC
Geopolitics & trade
Corporate finance
Virus I
- CDC cheered and criticized for new mask guidance; retail workers don’t want to be vaccine ‘police’CNBC
- New Jersey will still require masks indoors despite new CDC guidelinesCNBC
- Walmart drops store mask requirement for customers, employees who are fully vaccinatedCNBC
- Shoppers and diners, here’s why you shouldn’t expect masking rules to change overnightCNBC
Virus II
Cryptocurrency
- The IRS Is Coming for Crypto Investors Who Haven’t Paid Their TaxesWall Street Journal