What I Am Reading
Friday, October 29, 2021
Central banks
Climate & energy
- India rejects net zero emissions target as Modi heads to COP26 climate talksCNBC
- G-20 Climate Talks Threatened by Clash Over Coal Ahead of COP26Wall Street Journal
- Biden Framework for Social-Climate Package Fails to Ease Passage of Infrastructure BillWall Street Journal
- Biden’s Spending Bill Includes $555 Billion for Climate MeasuresWall Street Journal
Supply & labor shortages
- Apple Warns of Supply Chain Woes While Amazon Faces Increased Labor CostsWall Street Journal
- A Simple Piece of Steel and Wheels Is Holding Up the Global Supply ChainWall Street Journal
US
- U.S. Economy Slowed in Third Quarter on Delta Surge, Supply CrunchWall Street Journal
- Consumer Spending Likely Grew More Slowly in SeptemberWall Street Journal
- Treasury Secretary Yellen says spending bills will be anti-inflationary, lowering important costsCNBC
- Yellen expects inflationary pressures to ease by second half of 2022CNBC
- True cost of Dems’ plans: $7.5 trillion and a lot of gimmicksNY Post
- When the World Is on the Brink, $3.5 Trillion Is a PittanceNew York Times
- A New Era of Stagflation?
Europe
China
- Evergrande Averts Default Again by Making Second Late PaymentWall Street Journal
- After Alibaba’s $400 Billion Stock Selloff, Investors Hope the Worst Is OverWall Street Journal
Industries & companies
- Communication services:Facebook Changes Company Name to Meta in Focus on MetaverseWall Street Journal
- Consumer discretionary:Amazon badly misses on earnings and revenue, gives disappointing fourth-quarter guidanceCNBC
- Consumer discretionary:Amazon finally made its first TV with Alexa built in — here’s what it’s like
- Energy:Chevron reports highest free cash flow on record as rebound in oil boost results; shares gainCNBC
- Finance:American Banks Have What They Want in China. Their Fate Is Still Out of Their Hands.Wall Street Journal
- Retail:Retailers reel in delivery deadlines to get Christmas gifts to shoppers on timeReuters
- Tech:Apple sales miss expectations, Tim Cook says supply issues cost company $6 billionCNBC
- Tech:Global Chip Shortage ‘Is Far From Over’ as Wait Times Get LongerWall Street Journal
Corporate finance
- Satellite Maker Terran Orbital Strikes $1.58 Billion SPAC DealWall Street Journal
- New Policy Gives FTC Greater Control Over How Companies Do M&AWall Street Journal