What I Am Reading
Wednesday, June 2, 2021
Markets
- S&P 500 dips, as healthcare weighs; Dow ends higherReuters
- The Wall Street Players Who Worry Inflation Heralds Wild MarketsWall Street Journal
- Oil Price Rises to Two-Year High as OPEC and Allies See Higher DemandWall Street Journal
- Oil demand will reach pre-pandemic levels in mid-2022, analyst saysCNBC
Cybersecurity
- U.S. says ransomware attack on meatpacker JBS likely from RussiaCNBC
- JBS Says ‘Vast Majority’ of Plants Will Be Operational WednesdayBloomberg
- Meat Buyers Scramble After Cyberattack Hobbles JBSWall Street Journal
- U.S. needs to put more pressure on the perpetrators of recent cyberattacks, congressman saysCNBC
Central banks
Global
US I
- Biden to host Republican senator Wednesday for infrastructure talks -White HouseReuters
- Biden’s proposed 39.6% top tax rate would apply at these income levelsCNBC
- Stimulus Checks 2021: Is Government Cash as Economic Policy Here to Stay?Bloomberg
- Biden names Harris to lead administration's effort to protect voting rightsCNBC
US II
- Manufacturing Surges, but Shortages May PersistWall Street Journal
- Return to Office: Employees Are Quitting Instead of Giving Up Work From HomeBloomberg
- The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’Wall Street Journal
China
- Chinese Factories Delay New Orders as Costs Rise, Risking Global Supply ShortagesWall Street Journal
- China’s Factory Activity Slipped in May, but Consumer Spending Held UpWall Street Journal
- China Delivers Three-Child Policy, but It’s Too Late for ManyWall Street Journal
- China Adds More Parks to Its Cities to Raise Quality of LifeNew York Times
Industries & companies
Corporate finance
- KKR, CD&R Strike $5.3 Billion Deal to Buy ClouderaWall Street Journal