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What I Am Reading

Saturday, July 31, 2021

Markets

Global

World Economy Caps Extraordinary Return From Covid-19 CollapseWall Street Journal

Central banks

US I

U.S. labor costs increase solidly in second quarterReuters
U.S. consumer sentiment declines in July as inflation remains concernReuters
Household Spending Rose in June, Before Delta Variant UpswingWall Street Journal
Services buoy U.S. consumer spending; inflation pushes higherReuters

US II

Infrastructure Bill Now Faces Restive House ProgressivesWall Street Journal
Infrastructure: Senate advances bipartisan billCNBC

Industries & companies

Autos:Elon Musk’s Trip Through Hell: Inside the 2018 Scramble to Avoid the Collapse of TeslaWall Street Journal
Autos:Tesla Battery Catches Fire at Utility Storage Project in AustraliaWall Street Journal
Communication services:Google founders Page, Brin, have sold $1 billion in stock since MayCNBC
Consumer:Procter & Gamble Warns of Higher Costs and Slower SalesWall Street Journal
Consumer:Amazon Hit With Record EU Privacy FineWall Street Journal
Consumer:Amazon DSPs tell drivers to bypass safety inspectionsCNBC
Cruise lines:Royal Caribbean says 6 Covid cases discovered on board a ship; shares fallCNBC
Tech:Big Tech dodged Q2 pain from Apple’s ad privacy changesCNBC

Corporate finance

SEC to Set New Disclosure Requirements for Chinese Company IPOsWall Street Journal

Virus