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What I Am Reading

Wednesday, July 7, 2021

Markets

OPEC discord could unleash a new level of volatility in oil marketCNBC

Central banks

Quickening U.S. recovery puts Fed taper discussion in focusReuters

US I

Gas Price Increase Poses Challenge to U.S. EconomyNew York Times
Corporate net debt seen rising as companies spend pandemic cash pilesReuters

US II

Europe

With European recovery in sight, property investors bank on the officeReuters

China

China Targets Firms Listed Overseas After Launching Didi ProbeWall Street Journal

Industries & companies

Autos:Toyota’s Chip Supply Helps It Beat General Motors for the First TimeWall Street Journal
Health Care:Hospitals Often Charge Uninsured People the Highest Prices, New Data ShowWall Street Journal
Media:They Resurrected MGM. Amazon Bought the Studio. Now What?New York Times
Retail:Supermarkets Are Stockpiling Inventory as Food Costs RiseWall Street Journal

Cryptocurrency & cybersecurity

Bitcoin Fraud Concerns Draw Scrutiny From RegulatorsWall Street Journal
Attempted Hack of R.N.C. and Russian Ransomware Attack Test BidenNew York Times
Biden says ransomware attack caused 'minimal damage' to U.S. companiesReuters

Corporate finance

Virus

Delta Covid-19 Variant Gains Ground Among the UnvaccinatedWall Street Journal
Pfizer Vaccine Less Effective Against Delta Infections but Prevents Severe Illness, Israeli Data ShowWall Street Journal