What I Am Reading
Wednesday, May 19, 2021
Markets
- Stocks Fall as Shares Tied to Economy RetreatWall Street Journal
US
- Home construction sees biggest drop since pandemic hit. Here’s whyCNBC
- Surging lumber prices weigh on U.S. homebuildingReuters
- Early loss of extra unemployment benefits leaves many families in a panicCNBC
- Inflation’s Magic Number Is FourWall Street Journal
- Biden, Yellen Seek Backing for $2.3 Trillion Infrastructure PackageWall Street Journal
- Senate Republicans do not offer Biden officials new infrastructure planReuters
China
Japan
- Japan’s Recovery From Pandemic SlowsWall Street Journal
Geopolitics & trade
- Gaza Deaths Mount as Israel Says Hamas Leaders Are Its TargetWall Street Journal
Industries & companies
- Autos:Ford reveals new electric F-150 Lightning pickup during Biden’s visit to Michigan plantCNBC
- Energy:Colonial Pipeline Hack Shows Risk to US Energy IndependenceNew York Times
- Financials:U.S. Bank Stocks Shine as Investors Bet on an Economic RecoveryWall Street Journal
- Financials:Bank of America to Raise U.S. Minimum Hourly Wage to $25 by 2025Wall Street Journal
- Financials:JPMorgan Chase Puts CEO Contenders in Charge of Consumer OperationWall Street Journal
- Retail:Walmart Sales Growth Helped by StimulusWall Street Journal
- Retail:Walmart is doubling down on ‘rollbacks’ as inflation pushes prices higherCNBC
- Retail:Home Depot Sales Surge, Extending Growth During Covid-19 PandemicWall Street Journal
Virus
- Covid’s Next Challenge: The Growing Divide Between Rich and Poor EconomiesWall Street Journal
- Why Covid-19 Vaccines Are Showing Up in Unusual PlacesWall Street Journal
- Top FDA official says fully vaccinated people could need Covid booster shots within a yearCNBC
- Texas Gov. Abbott threatens to fine cities and local officials if they impose mask mandatesCNBC