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What I Am Reading

Thursday, October 21, 2021

Markets

Dow, S&P Finish Near RecordsWall Street Journal

Central banks

Fed Official Says Lingering Inflation Could Change Interest-Rate OutlookWall Street Journal
Fed report shows wage pressures amid 'modest to moderate' economic growthReuters

US I

U.S. Growth Slowed in Recent Months Amid Elevated Prices, Fed’s Beige Book SaysWall Street Journal
6 reasons why Americans aren’t returning to workCNBC
The Great Resignation Is AcceleratingThe Atlantic
The Economic Rebound Is Still Waiting for WorkersNew York Times

US II

Why Kyrsten Sinema Is at the Center of Democrats’ Tax-Hike FightWall Street Journal
Billionaire Nelson Peltz says he talks to Sen. Joe Manchin every weekCNBC
Why Biden’s Plan for Free Community College Likely Will Be Cut From Budget PackageWall Street Journal
The $2 Trillion Is Phony TooWall Street Journal
Your New Woke 401(k)Wall Street Journal

Europe

German tax take surges, ministry optimistic on growth, inflationReuters

China

Geopolitics & trade

Taliban Commander Who Launched Bombings in Kabul Is Now a Police Chief in Charge of SecurityWall Street Journal

Industries & companies

Autos:Automakers are spending billions to produce battery cells for EVs in the U.S.CNBC
Energy:Exxon Debates Abandoning Some of Its Biggest Oil and Gas ProjectsWall Street Journal
Media:'Dune' reviews: What critics think of Denis Villeneuve's adaptationCNBC

Corporate finance

China Evergrande Calls Off Plans to Sell Key Unit for $2.6 BillionWall Street Journal
PayPal Is in Talks to Buy PinterestWall Street Journal

Virus

Beyond markets

Bill Gates expects 8 to 10 Teslas and a Google, Amazon and MicrosoftCNBC