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What I Am Reading

Saturday, April 23, 2022

Markets

Dow Tumbles Nearly 1,000 Points as Stocks Extend SelloffWall Street Journal
Why Midterm Election Years Are Tough for the Stock MarketNew York Times
U.S. bonds: Treasury yields rise following Powell rate hike remarksCNBC

Central banks

Fed's Mester casts doubt on the need for 'shock' interest rate hikes aheadCNBC

Global

Global Growth Ebbs in Face of Ukraine War, China SlowdownWall Street Journal

US

How America Gave Up on Overtime for WorkersTime
The Best Job Markets Aren’t in the Biggest CitiesWall Street Journal

China

New Details of Shanghai Nursing Home Covid Deaths Suggest City Is OverwhelmedWall Street Journal

Europe

Marine Le Pen’s Far-Right French Party to Pay Nearly $13 Million to Russian Military ContractorWall Street Journal

Geopolitics & trade

'And who will come next?' warns Zelenskiy after Russian general eyes southern UkraineReuters
Ukraine Accuses Russia of Digging Mass Graves for Civilian VictimsWall Street Journal

Industries & companies

Consumer discretionary:How the “Amazon Way” is transforming the future of work - Vox
Communications services:Verizon Loses Subscribers and Warns of Inflation’s TollWall Street Journal
Media:Netflix and Facebook stock have plunged since tech's November peakCNBC
Retail:American Eagle pitches internal supply chain platform to retail rivalsCNBC
Tech:As Europe Approves New Tech Laws, the U.S. Falls Further BehindNew York Times
Tech:EU agrees on internet rulebook for Google, Facebook, other tech giantsReuters

Technology

Ukraine Sounds Alarm on Chinese Drones, Opening Skies to U.S. StartupsWall Street Journal

Climate

Democrats want EPA to investigate impacts of crypto miningCNBC